Advanced Tally Prime With GST

Advanced Tally Prime with GST is a comprehensive accounting software solution that streamlines financial management for businesses, particularly in the context of India’s Goods and Services Tax (GST) regime. Tally Prime offers a user-friendly interface, making it accessible even for those with limited accounting knowledge. It facilitates efficient GST compliance by automating the calculation and reporting of GST, ensuring businesses meet their tax obligations accurately and on time. The software supports various GST-related functions, including invoice generation, tax computation, and filing of GST returns, reducing the risk of errors and simplifying the overall tax management process.

Beyond GST, Advanced Tally Prime provides a wide range of features that enhance the overall financial management capabilities of a business. It includes robust tools for inventory management, payroll processing, and financial reporting, enabling businesses to maintain a clear and detailed overview of their financial health. The software also supports multi-currency transactions and offers advanced data security measures, ensuring that sensitive financial information is protected. With its comprehensive feature set, Advanced Tally Prime helps businesses not only comply with GST regulations but also optimize their accounting processes, improve financial accuracy, and make informed decisions based on real-time financial data.

Things To Learn : 

• Accounting Concepts

• Journal & Ledgers

• Passing the Journal Entries Bank Reconciliation

• Cheque Printing

• Maintain Departmental Accounts Using Cost Centre and Cost Categories

•Bill wise Receivables & Payable Management

•Using of Non-Accounting, Optional & Post Dated Vouchers

• Set Credit Limit on Debtors

• Security Control & Security Management

• Backup, Restore & Split of Tally Data Export & Import of Data

• Management of Stock Items, Stock Groups & Stock Categories

• Discount Transactions (Cash & Trade)

• Printing Invoice Using Actual & Billed Quantity

• POS Invoicing (Counter Sales Invoice)

• Batch wise Details

• Set Price Level for Debtors

• Add Direct Cost in material Cost • Bill of Material

• Interpretation & Printing of Financial Statements

• TDS (Tax Deducted at Source)

→ Study of TDS Structure → TDS Nature of Payments

→ Enabling of TDS in Tally → TDS Masters

TDS Transaction & Payments → TDS Challan & Reports

• GST (Goods & Service Tax)

→ Study of GST Structure & Rates + GST Accounting Masters

→ GST Inventory Masters (With HSN) + GST Transactions & Invoice Printing + GST Adjustment & Payment

+ GST Taxation Shalan & Reports + GST Returns