🌟 Course Overview: Tally Prime with GST – A Complete Guide to Smart Business Accounting

Whether you’re a student, entrepreneur, accountant, or someone looking to build a career in finance and taxation, this course will equip you with practical knowledge and hands-on training in Tally Prime, with a sharp focus on GST compliance. You’ll learn not just how to use Tally, but how to think like an accountant in the real world.

By the end of this course, you’ll be able to confidently manage business accounting tasks, generate financial reports, and stay compliant with GST regulations – all within the Tally Prime environment.

🧩 Course Modules:

📘 Module 1: Fundamentals of Tally Prime

• Explore the Tally Prime dashboard, menus, and navigation system.
• Understand the creation and management of Ledgers, Groups, and Chart of Accounts.
• Learn keyboard shortcuts and tips to navigate Tally like a pro.
• Access and analyze financial reports for better business decision-making.

📦 Module 2: Initial Setup & Inventory Management

• Add opening balances for accounts and set up a fresh company in Tally.
• Create stock items, units of measurement, stock groups, and categories.
• Master inventory configuration for seamless stock and sales management.

🛒 Module 3: Recording Purchase & Purchase Return Transactions

• Record GST-compliant purchase transactions with real-time examples.
• Use Debit Notes effectively to manage purchase returns and adjustments.
• Understand the impact of purchases on inventory and ledgers.

🛍️ Module 4: Recording Sales & Sales Return Transactions

• Enter tax-invoice-based sales with accuracy and GST tagging.
• Handle credit notes to record returns and maintain customer accounts.
• Analyze the effect of sales on inventory, accounts, and tax payable.

💸 Module 5: GST on Expenses & Purchase of Services

• Learn to record service purchases with applicable GST rates.
• Track GST Input Credit (ITC) on non-inventory purchases.
• Use Debit Notes for expense adjustments and understand GST implications.

🏦 Module 6: Cash & Bank Transactions

• Record payments, receipts, and bank deposits using vouchers.
• Learn Contra Entries for fund transfers between bank and cash.
• Handle cheque payments, UPI, NEFT, and other banking transactions.

📑 Module 7: Journal Entries & GST Utilization

• Understand and record adjustment entries, provisions, and non-cash transactions.
• Learn to utilize Input Tax Credit (ITC) against Output GST.
• Maintain proper journal records to ensure accurate GST returns.

🧠 Final Section: Balancing the Books & FAQs

• Know how to generate a Balance Sheet, Profit & Loss Statement, GST Summary, and more.
• Understand how each module contributes to your final financial reports.
• Clarify frequently asked questions and solve practical doubts using real-life scenarios.

✅ By the end of this course, you will:

• Be able to manage full-cycle business accounting in Tally Prime.
• Maintain accurate GST records and prepare for tax returns.
• Gain confidence in handling day-to-day bookkeeping and compliance tasks independently.