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Advanced Tally Accounting Software Training Course

Advanced Tally Accounting Software Training Course Outline

The Advanced Tally Accounting Software Training Course is designed to provide in-depth knowledge and practical skills for proficient use of Tally ERP 9 and Tally Prime. This course goes beyond basic bookkeeping and accounting, equipping participants with advanced techniques in inventory management, payroll processing, tax compliance, and data analytics within Tally. This course is suitable for accounting professionals, business owners, and finance students who are already familiar with the fundamentals of Tally.

Course Overview

  • Target Audience: Accountants, finance professionals, business owners, advanced accounting students.
  • Prerequisites: Basic knowledge of Tally ERP 9 or Tally Prime, basic accounting principles.
  • Duration: 8-10 weeks (depending on in-depth practice and project work).
  • Learning Outcomes:
    • Master advanced functionalities of Tally for complex accounting and finance processes.
    • Develop skills in GST compliance, payroll management, and financial reporting.
    • Learn to integrate Tally with other tools for data analysis and reporting.

Course Modules

Module 1: Advanced Accounting in Tally

  • Topics Covered:
    • Multi-currency accounting.
    • Budgeting, forecasting, and variance analysis.
    • Managing cost centers and cost categories.
    • Consolidation of accounts across branches.
  • Learning Objectives:
    • Set up and manage multi-currency accounts.
    • Perform variance analysis using budgetary tools.
  • Practical Exercises: Case studies in budgeting and inter-branch consolidations.

Module 2: Inventory Management and Bill of Materials (BoM)

  • Topics Covered:
    • Advanced inventory tracking with stock groups, categories, and godowns.
    • Bill of Materials for manufacturing processes.
    • Batch-wise and expiry date management for inventory.
    • Stock valuation methods and inventory aging analysis.
  • Learning Objectives:
    • Set up inventory for complex businesses, such as manufacturing.
    • Track stock details and manage batches effectively.
  • Practical Exercises: Setting up BoM and managing stock aging reports.

Module 3: Payroll Management and Employee Compensation

  • Topics Covered:
    • Setting up payroll and configuring pay components.
    • Handling deductions, allowances, and statutory compliance (EPF, ESI).
    • Payroll processing and generating payslips.
    • Advanced payroll reports (payroll summaries, statutory reports).
  • Learning Objectives:
    • Manage complete payroll processing and statutory compliances in Tally.
    • Customize payroll reports and payslips.
  • Practical Exercises: Configuring payroll structure and processing payroll for multiple employees.

Module 4: GST Compliance and Taxation Management

  • Topics Covered:
    • Detailed setup for Goods and Services Tax (GST).
    • Generating GSTR-1, GSTR-3B, and GSTR-9 reports.
    • Managing reverse charge mechanisms, TDS, and TCS.
    • Filing tax returns directly from Tally.
  • Learning Objectives:
    • Configure GST settings and manage tax-related tasks.
    • Learn TDS and TCS management for service and product-based businesses.
  • Practical Exercises: Filing GSTR-1 and GSTR-3B reports using sample data.

Module 5: Advanced Reporting and Data Analysis in Tally

  • Topics Covered:
    • Using Tally’s advanced reporting tools for financial analysis.
    • Cash flow, fund flow, and ratio analysis.
    • Customizing financial reports and exporting data to Excel for advanced analysis.
    • Drill-down reporting to identify key financial insights.
  • Learning Objectives:
    • Perform detailed financial analysis using Tally reports.
    • Export data for further processing in data analysis tools.
  • Practical Exercises: Generating cash flow statements, customizing reports for client presentation.

Module 6: Tally Security and Audit Tools

  • Topics Covered:
    • Setting up user roles and permissions.
    • Data backup, restore, and data security settings.
    • Audit tools and compliance tracking.
    • Rectifying audit errors and managing vouchers.
  • Learning Objectives:
    • Set up Tally for secure data handling.
    • Use Tally’s audit tools to manage and rectify common errors.
  • Practical Exercises: Configuring roles and permissions, performing internal audits in Tally.

Module 7: Integration of Tally with Other Tools

  • Topics Covered:
    • Integrating Tally with Excel and other data management tools.
    • Using XML and ODBC for data exchange.
    • Setting up e-invoice integration with government portals.
    • Importing and exporting data between Tally and external software.
  • Learning Objectives:
    • Understand Tally’s integration capabilities with third-party software.
    • Automate data exchange and reporting processes.
  • Practical Exercises: Importing data from Excel, configuring XML integration.

Module 8: Customization in Tally with TDL (Tally Definition Language)

  • Topics Covered:
    • Introduction to Tally Definition Language (TDL).
    • Basics of TDL syntax and command functions.
    • Customizing reports, fields, and vouchers using TDL.
    • TDL scripting for specific business requirements.
  • Learning Objectives:
    • Use TDL for basic customization in Tally.
    • Understand how to apply TDL in real-world scenarios.
  • Practical Exercises: Creating a custom invoice template, modifying fields with TDL.

Module 9: Troubleshooting and Data Recovery in Tally

  • Topics Covered:
    • Common errors in Tally and troubleshooting steps.
    • Database repair, data recovery, and backup management.
    • Handling corruption and preventing data loss.
  • Learning Objectives:
    • Troubleshoot common issues independently.
    • Learn data backup and recovery best practices.
  • Practical Exercises: Simulating errors and practicing data recovery techniques.

Final Project: Comprehensive Business Setup in Tally

  • Overview: Participants will set up and manage a simulated business environment in Tally, incorporating accounting, inventory, payroll, GST, and reporting.
  • Objectives:
    • Apply skills learned across modules in a cohesive project.
    • Showcase an end-to-end business setup with real-life scenarios.
  • Outcome: Creation of a fully functional Tally setup demonstrating proficiency in all key areas.

Course Assessment and Certification

  • Assessment: Weekly quizzes, practical tasks, and module-based assignments.
  • Certification: Certificate of Completion based on final project submission and module assessments.

Course Materials and Resources

  • Video tutorials, exercise datasets, step-by-step guides for Tally Prime and Tally ERP 9.
  • Access to Tally support documents and real-world case studies.

Conclusion

This Advanced Tally Accounting Software Training Course is designed to deepen participants’ expertise in Tally, preparing them for complex, high-value accounting roles and enabling them to drive efficiency in business processes. With hands-on training, real-world applications, and comprehensive coverage of Tally’s advanced features, participants will gain practical skills applicable to any professional accounting environment.