Tally PRO Course Syllabus

TALLY PRO COURSE SYLLABUS

This advanced level certification from Tally is for candidates aspiring for growth in their careers. Candidates passing the online assessment will earn a verifiable digital certificate from Tally.Tally PRO will help certified candidate take a significant shift in the career and prepares to handle mid-level positions in an organization.

Chapter 1: Fundamentals of Accounting – 2 hours

  • Introduction
  • Accounting Terms
  • Accounting Assumptions, Concepts and Principles
    • Assumptions
    • Concepts
    • Principles
  • Double Entry System of Accounting
  • Types of Accounts
  • Golden Rules of Accounting
  • Source Documents for Accounting
  • Key Takeaways
  • Practice Exercises

Chapter 2: Journalising and Posting of Transaction – 4 hours

  • Introduction
  • 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 Book
    • Purchase Return Book
    • Sales Book
    • Sales Return Book
    • Journal Proper
    • Control Accounts
  • Financial Statements
    • Trading and Profit & Loss Account
      • Trading Account
      • Profit & Loss Account
    • Balance Sheet
      • Types of Assets and Liabilities included in Balance Sheet
  • Key Takeaways
  • Practice Exercises

Chapter 3: Maintaining Chart of Accounts – 4 hours

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

Chapter 4: Fundamentals of Inventory Management – 4 hours

  • Introduction
  • Inventory Management
  • Terms Used in Inventory Management
  • Inventory Valuation
    • Different Types of Inventory Valuation
  • Inventory Management in Tally.ERP 9
  • Conclusion
  • Practice Exercise

Chapter 5: Stock Keeping Units – 4 hours

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

Chapter 6: Recording Day to Day Transactions – 4 hours

  • Introduction
  • Business Transactions
    • Source Document or Voucher
    • Recording Transactions in Tally.ERP 9
  • Accounting Vouchers
    • Receipt Voucher
    • Contra Voucher
    • Payment Voucher
    • Purchase Voucher
    • Sales Voucher
    • Debit Note Voucher
    • Credit Note Voucher
    • Journal Voucher
  • Creation of New Voucher Type
  • Automation of Invoices (Voucher Classes)
  • Non-Accounting Vouchers
    • Memorandum Voucher
    • Optional Vouchers
    • Reversing Journal
  • Recording Provisional Entries
  • Recording Inventory Vouchers
    • Receipt Note Voucher
    • Delivery Note Voucher
    • Rejection In Voucher
    • Rejection Out Voucher
    • Stock Journal Voucher
    • Physical Verification of Stocks
    • Conclusion
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 7: Accounts Receivable and Payable Management – 4hours

  • Introduction
  • Accounts Payable and Receivable
  • Maintaining Bill-wise Details
  • Activation of Maintaining Bill-wise Details Feature
  • New Reference
  • Against Reference
  • Advance Reference
  • On Account
  • Credit Limit
    • Activate Credit Limit
    • Setting Credit Limits
    • Exceeding Credit Limits
    • Exception to Credit Limits
  • Payment Performance of Debtors
  • Changing the Financial Year in Tally.ERP 9
  • Conclusion
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 8: Banking – 5 hours

  • Introduction
  • Banking Payments
  • Setting up Banking Features
  • Cheque Management
    • Cheque Printing
      • Single Cheque Printing
      • Multi Cheque Printing
    • Cheque Register
      • Cancelled Cheque
      • Blank Cheque
  • Bank Reconciliation
    • Manual Bank Reconciliation
    • Auto Bank Reconciliation
  • Deposit Slip
    • Cash Deposit Slip
    • Cheque Deposit Slip
  • Payment Advice
  • Managing of Post-dated Cheques
  • Notional Bank
  • Post-dated Report
  • Handling e-Payments in Tally.ERP 9
    • e-Payments Report
    • Exporting e-Payment Transactions from e-Payments Report
    • Sending Payment Instructions to Bank
  • Updating the Bank Details Instantly in Tally.ERP 9
  • Conclusion
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 9: Allocation and Tracking of Expenses and Incomes – 4 hours

  • Introduction
  • Cost Centre and Cost Categories
    • Activation of Cost Category and Cost Centre
    • Allocation of Expenses and Incomes using Cost Centre
    • Allocation of Expenses and Incomes using Cost Centre with Cost category
      •  Allocation of expenses to multiple cost centres and cost categories
  • Automation of Cost Centre and Cost Categories while recording transactions
    •  Cost Centre Classes
  • Cost Centre Reports
    • Category Summary
    • Cost Centre Break-up
    • Ledger Break-up
    • Group Break-up
  • Conclusion
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 10: MIS Reports – 4 hours

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

Chapter 11 Storage and Classification of Inventory – 4 hours

  • Introduction
  • Godown Management
    • Activating Godown
    • Creating a Godown
    • Allocation of Stock to Particular Godown while Defining Opening Balance
    • Recording of Purchase, Sales and Stock Transfers with Godown Details
      • Purchase of Inventory
      • Recording stock transfer entry using stock journal
      • Sale of Inventory
    • Maintaining Damaged Goods
    • Analysing Godown Summary and Stock Movement Reports
  • Stock Category
    • Activation of Stock Categories
    • Creating Stock Categories
    • Recording of Transactions
  • Movements of Goods in Batches/Lots – Batch wise details
    • Activating Batch-wise Details in Tally.ERP 9
    • Using Batch-wise Details in Purchase Invoice
    • Using Batch-wise Details in Sales Invoice
    • Expired Batch/Stock Transfer
    • Batch Reports
      • Batch Vouchers Report
      • Batch Summary Report
      • Transfer Analysis report
  • Stock Valuation Methods
    • Configuration of Stock Valuation Method
    • Different Types of Costing Methods
    • Recording of Purchase and Sales Transactions
    • Stock Valuation based on FIFO Perpetual Method
  • Conclusion
  • Key Takeaways
  • Shortcut Keys

Chapter 12 Management of Purchase and Sales Cycles – 4 hours

  • Introduction
  • Purchase Order Processing
    • Activating Order Processing in Tally.ERP 9
  • Sales Order Processing
  • Viewing Order Details
  • Display Columnar Orders & Stock Details
  • Sales order outstanding.
  • Pre-closure of Order
  • Reorder Level
  • Display Reorder Status
  • Conclusion
  • Key Takeaways
  • Shortcut Keys
  • Practise Exercises

Chapter 13 Price Levels and Price Lists – 5 hours

  • Introduction
    • Activating Price Lists and Defining of Price Levels
    • Creation of Price List
    • Using Price List
  • Revise Price List
  • Conclusion
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 14 Manufacturing Process – 5 hours

  • Introduction
  • Activating of Bill of Materials
  • Auto Listing of Components Using Bill of Materials
  • Accounting of Manufacturing Process in Tally.ERP 9
  • Transferring of Manufactured Goods from Storehouse to Showroom
  • Reports
    • Stock Journal Register
    • Transfer Analysis
    • Cost Estimation
    • Stock Ageing Analysis
  • Conclusion
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 15 Goods and Services Tax – 20 hours

  • Introduction to GST
  • Getting Started with GST (Goods)
  • Advance adjustments and Entries (Goods)
  • Getting Started with GST (Services)
  • Advance adjustments and Entries (Services)
  • Conclusion
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercise

Chapter 16 Tax Deducted at Source (TDS) – 5 hours

  • Introduction
  • Basic Concepts of TDS
  • TDS Process
  • 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
  • Recording Transactions
    • Expenses Partly Subject to TDS
    • Booking Expenses and Deducting TDS Later
    • Accounting Multiple Expenses and Deducting TDS Later
    • Accounting for TDS on Advance Payments against Transport
    • TDS on Expenses at Lower Rate
    • TDS on Expenses at Zero Rate
    • Deducting TDS on Payments
    • Reversal of Expenses with TDS
    • Deducting TDS on Expenses with Inventory
    • Accounting TDS on Fixed Assets
    • Payment of TDS
  • TDS Reports
    • Challan Reconciliation
    • TDS Outstanding
    • E-Return
  • Conclusion
  • Key Takeaways
  • Shortcut Keys
  • Practice Exercises

Chapter 17 – Securing Financial Information – 3 hours

  • Introduction
  • Security Control
    • Activation of Security Control and Creation of Security Levels in Tally.ERP 9
    • Accessing the Company with Data Operator’s User Account
  • Password Policy
  • Tally Vault Password
    • Activation of Tally Vault in Tally.ERP 9
    • Configuration of Tally Vault Password while Creating the Company
    • Configuration of Tally Vault Password for Existing Company
    • Benefits of Tally Vault Password
  • Conclusion
  • Key Takeaways
  • Practice Exercises

Chapter 18 Data Management and Financial Year End Process – 5 hours

  • Introduction
  • Backup and Restore
    • Backup of Data
    • Restoring Data from a Backup File
  • Export and Import of Data
    • Exporting and Importing of Data from One Company to Another in XML Format
    • Exporting of data in other available formats
  • E-Mailing in Tally.ERP 9
  • Printing Reports
  • Managing of Data during Financial Year End Process
    • Important Pre-Split Activity
    • Splitting of Data
  • Key Takeaways
  • Shortcut Key
  • Practice Exercises

SYLLABUS

  • Fundamentals of Accounting
  • Journalising and Posting of Transactions
  • Maintaining Chart of Accounts in Tally.ERP 9
  • Fundamentals of Inventory Management
  • Stock Keeping Unit
  • Recording Day to Day Transactions
  • Accounts Receivables and Payable Management
  • Banking
  • Allocation and Tracking of Expenses and Incomes
  • MIS Reports
  • Storage and Classification
  • Management of Purchase and Sales Cycle
  • Price Levels and Price Lists
  • Manufacturing Process
  • Getting Started with GST
  • Tax Deducted at Source
  • Securing Financial Information
  • Data Management and Financial Year End Process

ASSESSMENT FEATURES

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