Diploma in Tally Software

 Paper I -Principles of Accountancy

 Sr. No.

Subjects of Study

 1

Accounting: Definition-functions-Single Entry and double-entry system of accounting- Accounting Equation-Types of accounts- rules of accounting-Accounting Standards

 2

Accounting Concepts-conventions-Phases of accounting: Journal, Ledger, Trial balance

 3

Preparation of Cashbook, Passbook –Preparation of BRS

 4

Preparation of final statements of accounts

 5

Manual accounting system –Meaning-advantages and limitations - Computerized accounting system –Accounting as a system

 Paper II -Introduction to Tally

 1

Tally-origin- General Features- Accounting Features-Inventory feature- Starting TALLY- Startup screen component-Processing icons – Multilingual feature of TALLY-Quit TALLY

 2

Company creation –creating, selecting, deleting, shutting a company – altering company details- changing data directory –auto-selection of company

 3

Pre-defined groups in TALLY- Primary groups-sub groups- a creation of user-defined primary groups – display- alteration of groups-Ledger Accounts-creations, display, alteration, deletion

 4

Tally vouchers-Meaning-Payment Vouchers-Receipt vouchers-entering, deleting, cancelling, printing a voucher- Post-dated vouchers

 5

Security Control- Meaning, need- creation, Display, alteration of security –TALLY Audit- features-conduct

 Paper III -Financial Tally

 1

Preparation of Trial Balance- Preparation of Profit &Loss account – Balance sheet

 2

Interest –Simple, Compound interest calculation- setting up ledger master- Interest report- Voucher classes and ledger for interest entry- Bill wise interest calculations

 3

Receivables and Payable management- Meaning- activating bill wise details-sales entries, purchases entries, Purchases Returns, Sales returns –Receipt, payment entries- Display and printing of outstanding printing reminder letters- printing confirmation

 4

Cost, Cost center, Cost categories- Meaning- creation, display, alteration of cost categories and cost centers- allocation of transactions to cost centers-voucher entry using voucher class and cost center class

 5

Budget-Budgetary Control- Meaning – Creation of Budgets-Group Budgets-Budget ledgers- Alteration of budgets-deletion of budgets

 Paper IV -Taxation in Tally

 1

VAT- meaning-VAT in India-Advantages over Sales Tax-VAT documents and records- Types of dealers-Company creation-suppliers, customers, purchases, sales, stock, tax ledger creation-VAT Composition reports- VAT composition computation-VAT Return payment

 2

CST-Meaning-definition-objects- Interstate Trade- Rates of CST –CST features in TALLY- payment entries – adjustment entries

 3

Service Tax –Taxable services- activating service tax –ledger creation-payment of service Tax-ST Reports-Excise duty-features-Accounting and inventory masters for excise- sales invoice with excise-creation of excise ledger- voucher types-excise invoice printing

 4

Fringe Benefit Tax- Meaning –Payment, return and assessment- activating FBT in TALLT- FBT ledger creation- FBT Computation – Report

 5

TDS- meaning –Payment, certificate, returns- Activating TDS- ledger creation- voucher entry-Payment entry –outstanding tax report-TDS Computation-TDS Report