Tally Prime

•    Duration: 3 Months
•    Eligibility: 10+2 Passed

OJD Computer Education brings to you a comprehensive course on computerized accounting. A short-term, value-for-money course, it aims to equip you with all the skills required to make you proficient in the usage of accounting software. The course is ideal for commerce graduates, secretaries, and accounts who wish to peruse a successful career or upgrade their skills with the latest technologies. The objective of the course is to acquaint students with the accounting concept, tools and techniques influencing business organization. At the end of the course student should be able to use accounting and business terminology, explain the objective of financial reporting and related key accounting assumptions and principles. Tally Prime is one of the best accounting software in India. Many accounting professionals from other countries also use it. It is a feature rich software. Tally 7.2 and Tally.ERP are the older version of this software. Tally Prime is the latest version of this software. It has excellent features to allocate all types of accounting entries very easily. The use of the software is not limited for accounting purpose only. You can also manage inventory with the software, because it has excellent features for inventory management. This software also allows to manage taxation and payroll entries very easily.

Syllabus:

• Basics of Accounting
• Company - Creation
• Alteration & Deletion
• User Interface and Company Management
• Masters – Groups
• Ledgers
• Voucher & Inventory
• Feature of Accounting
• Inventory & Taxation
• Payment & Receipt Voucher Entry
• Contra and Journal Voucher
• Day Book in Tally
• Purchase Voucher Entry with GST
• Sales Voucher with GST
• Billing Features in Tally
• Price List in Tally
• Purchase Order Processing
• Sales Order Processing
• Re-Order Level in Tally
• Debit and Credit Notes
• Bank Reconciliation in Tally
• Bank Credit Limit - CC, OD
• Stock Transfers Management
• Manufacturing Vouchers
• Bill wise Debtor & Creditor Ledger
• Interest Calculations (Auto Mode)
• Voucher Types and Class
• Batch wise Detail in Medicine Company
• Reversing Journal and Optional Vouchers
• Scenarios & Budgets Controls in Tally
• Cost Centers and Cost Categories
• Party Ledger Analysis
• Purchase and Sales Reporting
• Stock Analysis and Reports
• Cash and Bank Reports
• Search
• Filter and Sorting
• Financial Reports (Balance Sheet, Profit & Loss Income and Expense Report)
• Export, Import Backup and Restore
• Tax Deducted at Source (TDS) in Tally
• Data Security & Control
• Tally Audit
• Multi-Currency
• Printing Reports
• Cheque Printing in Tally Prime
• Basic Knowledge Goods & Services Tax (GST)
• CGST
• SGST
• IGST
• HSN/SAC Code in Tally
• GST Rates
• About P.F
• About ESIC

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GST Course Content
• Introduction to GST, Supply under GST, Charge of GST, Composition Levy in GST
• RCM in GST, Exempt Supply in GST, Time of Supply in GST, Value, Place, Input Tax Credit in GST, Tax Invoice, Debit Note Credit Note in GST, Registration in GST, Refund in GST
• Assessment Audit in GST, Inspection, Search and Seizure in GST, Demand Recovery in GST, Appeal in GST
• Ruling in GST, Types of Returns in GST, Practical Session on GST Portal, GSTR 9 9C Practical challenges, Practical session on GST Computation, Practical session on GSTR 10, Practical session on e-invoicing

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ITR Course Content
• Basic Concepts of Income Tax
• Residential Status
• Income under the head Salary
• Income under the head House Property
• Aggregation of income
• Deduction from Gross Total Income
• Advance Tax
• Tax planning
• Tax Evasion and Tax Avoidance
• Restriction on Cash Transactions by Income Tax Department
• Practical Session on New Income Tax Portal
• Balance sheet PnL for ITR Filing (Format)
• Rectification of Mistake under section 154
• Practical ITR Case Studies
• Reply to Department Notices

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TDS Course Content
• TDS Provisions
• How to apply for TAN
• TAN Registration on Income Tax Portal
• Registration on TRACES Portal
• DSC registration on TRACES
• Section 192 TDS on Salary Computation
• PAN Verification for TDS return
• Practical session on Form 24Q – Salary TDS
• TDS Challan Correction on TRACES
• How to add challan in TDS Return
• How to add deductee in TDS Return
• How to pay Late Fee Interest of TDS return
• TDS Return revision or Correction
• How to generate Justification report
• How to generate console file

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New Topics Incorporated in Course
• Finance Act 2023 Updates
• GST Amendments in Budget 2023
• 52nd GST Council Meeting
• GST Filing updated 2023
• DRC 01B DRC 01C
• ITC Reco 2023
• TDS Return Updated (Form 24Q) New Utility
• TDS Return Updated (Form 26Q) New Utility
• TDS on Salary Calculation
• 52nd GST Council Meeting Update
• ITR 3 for Crypto Schedule VDA Filing (AY 2023-24)
• ITR 2 for US Stocks (AY 2023-24)
• GSTR 9 9C Filing for 2022-23
• Practical issue in GSTR 9 9C for 2022-23
• TDS revision, TDS challan correction

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Assignment:  Self-Assessment by Faculty

Exit Profile: Accountant, Account Assistant, Book Keeper