What you will learn
A practical accounting course covering company setup, ledger and voucher entries, inventory management, banking, GST, TDS, payroll and financial reports — everything needed to manage business accounts professionally in Tally Prime.
Why learn Tally Prime?
Every business needs books that are accurate, organised and GST-ready. Tally Prime is the most widely used accounting software in India, and practical Tally skills keep you employable across accounts, billing and office roles. Mastering Tally Prime with real transaction practice opens the door to a dependable, high-demand career.
How it helps your career
- Handle accounts and GST entries for any business.
- Quality for accounts, billing and data-entry roles.
- Manage inventory, payroll and financial reports.
- Build a recognized, job-ready accounting skill.
Key highlights
- Company setup, groups, ledgers and vouchers
- Inventory, GST, TDS and payroll
- Real transaction practice and financial reports
Syllabus we cover
Introduction to Tally Prime
Get started with Tally Prime and manage companies confidently.
- Introduction to Tally Prime
- What is Accounting?
- What is Tally?
- Applications of Tally Prime
- Features of Tally Prime
- Tally Prime Interface
- Company Creation
- Opening a Company
- Altering Company Details
- Selecting a Company
- Shutting a Company
Accounting Fundamentals
Understand the principles that Tally is built upon.
- Basic Accounting Terms
- Assets
- Liabilities
- Capital
- Drawings
- Income
- Expenses
- Profit and Loss
- Accounting Principles
- Accounting Equation
- Debit and Credit
- Rules of Debit and Credit
- Types of Accounts
- Personal Accounts
- Real Accounts
- Nominal Accounts
Company Features and Configuration
Configure Tally Prime to suit your business needs.
- Company Features
- Accounting Features
- Inventory Features
- Statutory Features
- Configuration Settings
- General Settings
- Voucher Settings
Groups and Ledgers
Set up the chart of accounts used to record transactions.
- Introduction to Groups
- Predefined Groups
- Primary Groups
- Creating Groups
- Altering Groups
- Introduction to Ledgers
- Creating Ledgers
- Altering Ledgers
- Deleting Ledgers
- Cash Ledger
- Bank Ledger
- Capital Account
- Sales Account
- Purchase Account
- Expense Ledgers
- Income Ledgers
Accounting Vouchers
Record every type of financial transaction using vouchers.
- Introduction to Accounting Vouchers
- Contra Voucher
- Payment Voucher
- Receipt Voucher
- Journal Voucher
- Sales Voucher
- Purchase Voucher
- Debit Note
- Credit Note
- Memorandum Voucher
- Reversing Journal Voucher
- Voucher Entry Practice
Inventory Management
Manage stock, items and locations in Tally Prime.
- Introduction to Inventory
- Stock Groups
- Stock Categories
- Stock Items
- Units of Measurement
- Creating Stock Groups
- Creating Stock Categories
- Creating Stock Items
- Godowns
- Inventory Locations
- Opening Stock
- Closing Stock
Inventory Vouchers
Record stock movements with inventory-specific vouchers.
- Purchase Voucher
- Sales Voucher
- Delivery Note
- Receipt Note
- Rejections In
- Rejections Out
- Stock Journal
- Physical Stock Voucher
- Inventory Voucher Practice
Bill-Wise Details
Track outstanding bills, receivables and payables.
- Introduction to Bill-Wise Details
- Bill Reference
- New Reference
- Against Reference
- Advance Payment
- On Account
- Outstanding Reports
- Receivables
- Payables
Banking
Handle bank payments, receipts, cheques and reconciliation.
- Bank Ledger
- Bank Payments
- Bank Receipts
- Cheque Transactions
- Bank Reconciliation Statement
- Cheque Printing
- Deposit Slips
Cost Centres and Cost Categories
Allocate expenses and income across departments and projects.
- Introduction to Cost Centres
- Creating Cost Centres
- Cost Categories
- Cost Centre Allocation
- Department-wise Expenses
- Project-wise Expenses
GST in Tally Prime
Configure GST and record GST-compliant transactions.
- Introduction to GST
- GST Concepts
- CGST
- SGST
- IGST
- GST Registration Details
- Enabling GST in Tally Prime
- GST Ledgers
- HSN Code
- SAC Code
- GST Purchase Entries
- GST Sales Entries
- Intra-State Transactions
- Inter-State Transactions
- GST Invoice
- GST Returns
- GST Reports
TDS
Set up and manage Tax Deducted at Source in Tally Prime.
- Introduction to TDS
- TDS Configuration
- TDS Ledgers
- TDS Payment
- TDS Reports
Payroll Management
Manage employees, salaries and payroll in Tally Prime.
- Introduction to Payroll
- Employee Groups
- Employee Categories
- Employee Masters
- Salary Details
- Pay Heads
- Earnings
- Deductions
- Salary Voucher
- Payroll Reports
Interest Calculation
Calculate interest on outstanding amounts and loans.
- Introduction to Interest Calculation
- Simple Interest
- Interest on Outstanding Amounts
- Interest Calculation Reports
Budgets and Controls
Create budgets and compare actuals against them.
- Introduction to Budgets
- Creating Budgets
- Budget Allocation
- Budget Variance Reports
Reports in Tally Prime
Generate and read the key financial reports in Tally.
- Balance Sheet
- Profit and Loss Account
- Trial Balance
- Day Book
- Cash Book
- Bank Book
- Ledger Reports
- Stock Summary
- Inventory Reports
- Outstanding Reports
- Ratio Analysis
Financial Year and Period Management
Manage financial periods and report ranges correctly.
- Financial Year
- Books Beginning Date
- Changing Financial Period
- Voucher Date
- Report Period
Data Management
Backup, restore, export and print your accounting data.
- Data Backup
- Data Restore
- Exporting Data
- Importing Data
- Printing Reports
- Saving Reports as PDF
- Emailing Reports
Practical Accounting Exercises
Apply Tally skills to realistic business scenarios.
- Creating a New Company
- Creating Groups and Ledgers
- Recording Daily Business Transactions
- Cash Transactions
- Bank Transactions
- Purchase Transactions
- Sales Transactions
- Expense Transactions
- Income Transactions
- GST Transactions
- Inventory Transactions
- Generating Financial Reports
Final Tally Prime Project
Complete a full accounts setup and pass the final practical.
- Company Creation
- Accounting Setup
- Ledger Creation
- Inventory Setup
- Recording Purchase Transactions
- Recording Sales Transactions
- Recording Payment and Receipt Transactions
- Bank Reconciliation
- GST Transactions
- Generating GST Reports
- Generating Profit and Loss Account
- Generating Balance Sheet
- Generating Trial Balance
- Final Practical Examination
Ready to master Tally Prime?
Join Prathibha Institute and get expert mentoring, practical training, regular assessments and a clear path to your goals.