Tally ACE Course Syllabus

TALLY ACE COURSE SYLLABUS

This beginner level certification will recognize skills of a candidates learning Tally.ERP 9. Online assessment will be conducted and successful candidates will earn a verifiable digital certificate from Tally.Tally ACE certifies candidate as job ready and opens up multiple career opportunities. A certified candidate can opt to become an entrepreneur as well.

Chapter 1: Fundamentals of Accounting – 6 hours

  • Introduction
  • Accounting Terms
  • Accounting Assumptions, Concepts and Principles
    • Assumptions
    • Concepts
    • Principles
  • Double Entry System of Accounting
  • Types of Accounts
  • The Golden Rules of Accounting
  • Source Documents for Accounting
  • Recording of Business Transactions
    • The Accounting Equation
    • Recording of Transactions in Books of Original Entry/Journal
      • Use of Debit and Credit
      • Rules of Debit and Credit
      • Recording of Business Transactions in Journal
  • Ledger
    • Need for Ledger
    • Differences between a Journal and a Ledger
    • Classification of Ledger Accounts
    • Posting from Journal
  • Trial Balance
    • Methods of Preparation
  • Subsidiary Books & Control Accounts
    • Cash Book
      • Single Column Cash Book
      • Double Column Cash Book
      • Three Column Cash Book
    • Petty Cash Book
    • Purchase (Journal) Book
    • Purchases Return (Journal) Book
    • Sales (Journal) Book
    • Sales Return (Journal) Book
    • Journal Proper
    • Control Accounts
  • Financial Statements
    • Trading and Pro”t & Loss Account
      • Trading Account
      • Profit & Loss Account
    • Balance Sheet
      • Types of Assets and Liabilities included in a Balance Sheet
  • Key Takeaways
  • Practice Exercises

Chapter 2: Maintaining Chart of Accounts  – 4 hours

  • Introduction
    • Getting Started with Tally.ERP 9
    • Mouse/Keyboard Conventions
  • Company Creation
    • Shut a Company
    • Select a Company
    • Alter Company Details
  • Company Features and Configurations
    • F11: Company Features
    • F12: Configuration
  • Chart of Accounts
    • Ledger
    •  2Group
      • Ledger Creation
        • Single Ledger Creation
        • Multi Ledger Creation
        • Altering and Displaying Ledgers
      • Group Creation
        • Single Group Creation
        • Multiple Group Creation
      • Displaying Groups and Ledgers
        • Displaying Groups
        • Display of Ledgers
      • Deletion of Groups and Ledgers
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

 Chapter 3: Maintaining Stock Keeping Units  – 5 hours

  • Introduction
  • Inventory Masters in Tally.ERP 9
  • Creating Inventory Masters
    • Creation of Stock Group
    • Creation of Units of Measure
    • Creation of Stock Item
    • Creation of Godown
    • Defining of Stock Opening Balance in Tally.ERP 9
    • Stock Category 3.4 Reports
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 4: Recording Day-to-Day Transactions 9 – 10 hours

  • Introduction
  • Business Transactions
    • Source Document for Voucher
    • Recording Transactions in Tally.ERP 9
  • Accounting Vouchers
    • Receipt Voucher (F6)
    • Contra Voucher (F4)
    • Payment Voucher (F5)
    • Purchase Voucher (F9)
    • Sales Voucher (F8)
    • Debit Note Voucher
    • Credit Note (Ctrl+F8)
    • Journal Voucher (F7)
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 5: Accounts Receivable and Payable Management – 10 hours

  • Introduction
    • Accounts Payable and Receivables
  • Maintaining Bill-wise Details
  • Activation of Maintain Bill-wise Details Feature
  • New Reference
  • Against Reference
  • Advance
  • On Account
  • Stock Category Report
  • Changing the Financial Year in Tally.ERP 9
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 6: MIS Reports – 5 hours

  • Introduction
  • Advantages of Management Information Systems
  • MIS Reports in Tally.ERP 9
    • Trial Balance
    • Balance Sheet
    • Profit and Loss Account
    • Cash Flow Statement
    • Ratio Analysis
    • Books and Reports
      • Day Book
      • Receipts and Payments
      • Purchase Register
      • Sales Register
      • Bills Receivable and Bills Payable
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 7: Goods and Services Tax (GST) – 15 hours

  • Introduction
  • Goods and Services tax (GST)
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 8: Recording Vouchers with TDS – 5 hours

  • Introduction
  • Basic Concepts of TDS
  • TDS in Tally.ERP 9
  • Activation of TDS Feature in Tally.ERP 9
  • TDS Statutory Masters
  • Configuring TDS at Group Level
  • Configuring TDS at Ledger Level
  • Booking of Expenses in Purchase Voucher
  • TDS Report Key Takeaways
  • Shortcut Keys
  • Practice Exercises

SYLLABUS

  • Fundamentals of Accounting
  • Maintaining Chart of Accounts in Tally.ERP 9
  • Maintaining Stock Keeping Units (SKU)
  • Recording Day-to-Day Transactions in Tally.ERP 9
  • Accounts Receivable and Payable Management
  • MIS Reports
  • Goods and Services Tax (GST)
  • Recording Vouchers with TDS (Tax Deducted at Source)

ASSESSMENT FEATURES

  • Assessment Format : Online
  • Duration : One Hour
  • No. of Exams : One Exam
  • Certification Type : Digital