Welcome to the Tally Prime
Accounting Notes
Tally Prime is a robust and widely used accounting software designed to streamline various financial and business management tasks. These PDF notes provide a comprehensive overview of Tally Prime’s features, functionalities, and usage, catering to both beginners and experienced users in the field of accounting and finance. The notes cover the following key aspects:
What You'll Learn in this PDF
Fundamentals of Accounting
- Introduction
- Accounting Terms
- Accounting Assumptions, Concepts and Principles
- Types of Accounts
- Golden Rules of Accounting
Company Info Menu
- Select Company
- Shut company
- Create company
- Alter company
- Security control
- Change tally vault
- Split company data
- Backup
- Restore
- Tally audit feature
Accounting Information
- Accounting Configuration &
- Features
- Group Creation
- Multiple Group Creation
- Ledger Creation
- Multiple Ledger Creation
- New Voucher Creation
- Advance Ledger Creation
Inventory Configuration & Features
- Inventory info. Menu
- Stock groups
- Stock categories
- Stock item
- Unit of measurement
- Bills of materials
- Locations / Godowns
- Batches & Expiry
- Inventory voucher types
- HSN Code Updates
GST Reports and Returns
- Basics of GST
- Configuring GST Features
- Creating Masters
- GST Report
- GST Filing
- GSTR E-Returns
Voucher Entry
- Accounting voucher
- Inventory voucher
- Advanced voucher Entry
- Contra voucher
- Payment voucher
- Receipt voucher
- Journal voucher
- Sales voucher
- Purchase voucher
- Credit/Debit note voucher
- Memorandum voucher
Goods and Services Tax (GST)
- About Goods and Services Tax (GST)
- Setting Up GST
- GST Taxes & Invoices
- Understanding SGST, CGST & IGST
- Creating GST Masters in Tally
Inventory
- Understanding Inventory
- Integrating Accounts and Inventory
- Practical on Stock Group
- Practical on Godowns and Locations
- Practical on Stock Category
- Practical on Units of Measure
- Practical on Stock Items
- Manual Stock Valuation without Inventory
Financial Statements
- Trading Account
- Profit & Loss Account
- Balance Sheet
- Accounts Books and Reports
- Inventory Books and Reports
- Exception Reports
- Statutory Reports
- Trail balance
- Day Book
- List of Accounts
- Stock Summary
- Outstanding Statement
Backup and Restore of Company Data
- Backup of Data
- Restoring Data From Backup File
- Export and Import of Data
