Tally Essential Level 3

Tally Essential Level 3

This Course Includes

Skill level : Intermediate to Advanced
Instructor : Industry Experts in Tally and Accounting
Duration : 36 Hours (Self-paced)
Language : Hinglish, English,Kannada
Certificate : TallyPrime Certifications
Eligibility : Must be Tally Partner or Resources

100+ Students Enrolled

5.00 (500 ratings)

Description

This advanced course on TallyPrime covers essential business compliance topics such as Goods and Services Tax (GST), Tax Deducted at Source (TDS), and business data management. With step-by-step instruction, you'll gain hands-on experience in recording transactions, generating GST returns, handling TDS payments, and managing business data in TallyPrime.

Designed for accountants, business owners, and Tally users, this course will help you efficiently manage financial records and ensure compliance with the latest statutory requirements.

Whether you are preparing for GST audits or managing payroll deductions, TallyEssential Level 3 equips you with the practical skills and knowledge needed to manage real-world financial challenges.

What You will Learn?

Goods and Services Tax (GST) in TallyPrime:
GST registration and invoicing
Input Tax Credit (ITC) and tax payments
Filing GSTR-1, GSTR-3B, and GSTR-9 in Tally
E-Way Bill and e-Invoicing:
Generating e-Way Bills and e-Invoices
Updating e-Invoice details and reconciliation
Tax Deducted at Source (TDS) Management:
TDS activation and statutory master configuration
TDS transaction recording and payment to the department
Generating TDS Challan and e-Returns
Business Data Management:
Exporting and importing company data
Printing logos on vouchers, invoices, and reports
Generating comparative financial reports
Moving to the Next Financial Year:
Splitting company data
Managing multiple companies and comparative reports

Topics for this course

- 1. Goods and Services Tax (GST):

GST Introduction: Registration, invoicing, and tax determination

E-Way Bill: Validity, components, and generation process

GST e-Invoicing: Benefits, modifications, and IRN details

GST Hierarchy Setup: Defining tax rates at company, stock, ledger, and transaction levels

Recording GST Transactions: Intrastate and interstate supply, sales returns, and tax-inclusive transactions

GST Returns: Filing GSTR-1, GSTR-3B, and GSTR-9 in Tally

- 2. Tax Deducted at Source (TDS):

TDS Introduction and Process Flow

Activating and Configuring TDS in TallyPrime

Recording TDS Compliant Transactions

Expenses partly subject to TDS

TDS on expenses at different rates

Resolving uncertain transactions and exemptions

Generating TDS Reports: Challan reconciliation, Form 26Q, and e-Returns

- 3. Business Data Management:

Exporting and importing data between companies in XML format

Exporting reports to MS Excel and PDF

Configuring Open Database Connectivity (ODBC)

Printing logos on vouchers and reports

- 4. Moving to the Next Financial Year:

Changing financial periods and continuing voucher entry

Splitting company data and creating group company records

Comparative financial reporting for multiple companies

Student Testimonials

Rajiv K.

"The in-depth coverage of GST and TDS compliance in TallyPrime is exactly what I needed for my business. The hands-on exercises made learning easy!"

Neha P.

"Highly recommend this course to anyone using Tally! The TDS and GST sections are explained thoroughly, and the data management lessons are super practical."

Kavita S.

"This course helped me streamline my accounting processes and ensure complete compliance. A great investment for accountants!"