TALLY ESSENTIALS

TALLY ESSENTIALS

Course Overview

This 20-hour Tally Essentials course is designed to provide participants with a solid foundation in using Tally accounting software for managing their business finances. Through hands-on exercises and real-world examples, students will learn how to set up Tally, record transactions, manage accounts, generate reports, and utilize essential Tally features.

Course Objectives

Upon completion of this course, participants will be able to:

  • Set up a new Tally company
  • Record various types of transactions (sales, purchases, expenses, etc.)
  • Manage customer and supplier information
  • Reconcile bank and cash accounts
  • Create and customize invoices and receipts
  • Track inventory (if applicable)
  • Generate essential financial reports
  • Understand basic Tally navigation and terminology

Course Syllabus

Module 1: Tally Introduction and Setup (3 hours)

  • Understanding Tally and its benefits
  • Setting up a new company
  • Company information and preferences
  • Chart of accounts setup
  • Creating groups and ledgers
  • Creating customers and suppliers

Module 2: Accounting Vouchers (4 hours)

  • Understanding voucher types (Sales, Purchase, Receipt, Payment, Journal, etc.)
  • Creating and entering vouchers
  • Using F12 shortcut for detailed entry
  • Inventory management (if applicable)

Module 3: Inventory Management (3 hours)

  • Setting up inventory items and groups
  • Stock journal entries
  • Stock valuation methods
  • Stock reports (Stock summary, Stock valuation, etc.)

Module 4: Sales and Purchases (4 hours)

  • Sales and purchase invoices
  • Sales returns and purchase returns
  • Debit and credit notes
  • Sales and purchase order management

Module 5: Cash and Bank Management (3 hours)

  • Cash and bank book entries
  • Bank reconciliation
  • Cheque management
  • Contra entries

Module 6: Reports and Analysis (3 hours)

  • Generating profit and loss statements
  • Creating balance sheets
  • Cash flow statements
  • Ratio analysis
  • Customizing reports

Teaching Methodology

  • Lectures and demonstrations
  • Hands-on exercises
  • Case studies and real-world examples
  • Q&A sessions

Assessment

  • Assignments and quizzes
  • Final project (creating a sample company file and generating reports)

Total Fees: 20,000/=
Total Duration: 20 Hours (2 hours  x 10 Classes)
Training Mode: Individual Training, your own timetable

Live Online Classes  or Face to Face Direct Classes with our expert trainers.
Call +94 (0) 722000999 / +94 (0) 755123111 www.iss.lk. Medium : සිංහල / தமிழ் / English