Accounting and Taxation Package-Live Class

Accounting and Taxation Package-Live Class

Tally Courses Live

Live -Course Modules

  1. Basics of Accounting
  2. TallyPrime
  3. Tally.ERP9(recap)
  4. GST & GST Portal Concepts
  5. E-Way bill, E-Invoice
  6. Income Tax (non-audit)
  7. TDS & TCS
  • Live Class-Batch Timings

     07am-09am, 10am-12pm, 04pm-06pm, 06pm-08pm

  • 1 hr Class + 1 hr practical support
  • New bathes on 1st of every month
  •  1 month program (mon-sat)
  • Student can join in any batch-can attend live in any running batch

Accounting & Taxation Package Course TOC

Basics of Accounting

  • What is Commerce
  • What are the Accounting Systems?
  • Double Entry Accounting System elements/Steps?
  • Rules of Accounts
  • Accounting Statements

TallyPrime – Start-up

  1. Downloading TallyPrime
  2. Installation of Tally Prime
  3. Activating TallyPrime
  4. TallyPrime Interface

TallyPrime-Basics

  1. Company Creation, Alteration
  2. Tally Prime Data Entry Steps Explained
  3. Ledger Masters Creation – 2 Methods
  4. Inventory Masters (Stock Groups, Items, Units) Creation 2 Methods
  5. TallyPrime Pre-defined Vouchers

TallyPrime with GST

  1. What is GST, GST Classifications
  2. Enabling GST in TallyPrime
  3. Recording GST Transaction
  4. Recording GST Transaction – Multiple Tax Slabs
  5. Recording GST Transaction with Auto-Billing
  6. GST Configuration in Stock Group Level
  7. Recording GST Services
  8. Recording GST Expenses
  9. Recording GST Assets

Tally Prime Printing Configuration

  1. Voucher Numbering in Tally Prime
  2. Printing Company Logo on Invoice
  3. Printing Preferences – Tax Invoice Status, Bank Details, Jurisdiction, Customer Seal & Signature
  4. Rate Inclusive of GST
  5. Enabling Item Description

GST Filing Concepts, E-Invoicing and E-Way bill

  1. Understanding GST Return Forms
  2. Understanding GSTR-1 Tables
  3. Filing GSTR-1 (If there is No Sales) Nil Return
  4. Filing GSTR-1 Using TallyPrime
  5. Understand GSTR 2 & 2A
  6. Reconciliation of GSTR2A
  7. GST Tax Computation
  8. Understand GSTR 3B Tables
  9. Filing GSTR-3B
  10. E-Invoice API Creation, User Creation and E Invoice Generation
  11. E-Wal Bill Registration & E-Way Bill Generation

Supply & Non-Supply Vouchers

  1. Recording Purchase & Sales Returns (Debit Note & Credit Note)
  2. Recording Delivery & Receipt Note
  3. Order Management – Purchase & Sales Orders/Quotations
  4. Supply & Non-Supply Complex Vouchers

TallyPrime – Bill wise Accounts

  1. Introduction to Instalments & Enabling Bill wise Features
  2. Bill wise Accounts & Maintaining Instalments for Purchases
  3. Bill wise Accounts & Maintaining Instalments for Sales
  4. Supply against advances
  5. Tracking Overdue Supplies

TallyPrime with Banking

  1. Cheque Book Configuration in TallyPrime
  2. Banking Transaction Types in Tally Prime
  3. Recording Post Dated Cheques in TallyPrime
  4. Applying for License for Student Practices, Activation of TallyPrime
  5. Bank Reconciliation Introduction
  6. Bank Reconciliation in Tally Prime
  7. Cheque Printing

Tally Prime – Recording Vouchers

  1. Enter Opening Stocks, Ledger Opening Balances in Tally Prime
  2. Recording Purchase & Sa Vouchers
  3. Recording Contra, Receipt & Payment Vouchers
  4. Recording Journal Vouchers
  5. Recording Complex Vouchers – Case Study 1
  6. Recording Complex Vouchers – Case Study 2

Tally Prime – Miscellaneous (Bonus Section)

  1. Calculator usage in TallyPrime
  2. Enabling Discount Column in TallyPrime
  3. Alternative Units of Measurement (UOM)
  4. Batches Management
  5. Day Book Features
  6. POS in Tally Prime
  7. Part Numbers
  8. Standard Rate Setup
  9. Exports
  10. Group Company Creation
  11. Price List’s
  12. Cost Centres

Tally Prime Closing

  1. Capital related Adjustments & all other closing adjustments
  2. Year End Adjustments
  3. Data Backup & Restore
  4. Splitting Company Data
  5. Setups for New Financial Year in Tally Prime

TDS in TallyPrime

  1. What is Tax, When Taxes Introduced in India?
  2. Income Tax Basics, Ways of Collecting Income Tax
  3. What is TDS, TDS Basics
    • Deductor
    • Deductee
    • TAN
    • PAN
  4. Enabling TDS in TallyPrime
  5. Understanding TDS Slabs
  6. TDS Process Overview
  7. Recording TDS Transactions in TallyPrime CaseStudy-1
  8. Recording TDS Transactions in TallyPrime CaseStudy-2
  9. Recording TDS Transactions in TallyPrime CaseStudy-3
  10. TDS Payments
  11. TDS Returns Preparation, Filing TDS Returns
  12. TDS Certificates

Income Tax (Non-Audit)

  1. Introduction to Taxation
  2. Income Tax Slabs
  3. Income Tax Deductions
  4. Income Tax Computation for Individuals, Firms, Company’s
  5. Incomes Tax Return Types & Forms
  6. ITR-1 Filing
  7. ITR-4 Filing
  8. Income Tax Computation Preparation
  9. Preparation Financial Statements
  10. Income Tax Refund

Payroll

  1. Payroll Enabling
  2. Creating Pay Heads, Employees, Groups
  3. Setup Payroll
  4. Calculate Payroll
  5. Generate Payslips
  6. Resume/CV Preparation
  7. ERP9 Recap