TallyPRO Release 6.0

This advanced level certification from Tally is for candidates aspiring for growth in their careers. Candidates passing the online assessment will earn a verifiable digital certificate from Tally.
TallyPRO will help certified candidate take a significant shift in the career and prepares to handle mid-level positions in an organization.
SYLLABUS

• Fundamentals of Accounting
• Journalising and Posting of Transaction
• Maintaining Chart of Accounts in Tally.ERP 9
• Fundamentals of Inventory Management
• Stock Keeping Units
• Recording Day to Day Transactions
• Accounts Receivable and Payable Management
• Banking
• Allocation and Tracking of Expenses and Incomes
• MIS Reports
• Storage and Classifications of Inventory
• Management of Purchase and Sales Cycles
• Price Levels and Price Lists
• Manufacturing Process
• Goods and Services Tax (GST)
• Tax Deducted at Source (TDS)
• Securing Financial Information
• Data Management and Financial Year End Process

Chapter 1: Fundamentals of Accounting

• 1.1 Introduction
• 1.2 Accounting Terms
• 1.3 Accounting Assumptions, Concepts and Principles
• 1.3.1 Assumptions
• 1.3.2 Concepts
• 1.3.3 Principles
• 1.4 Double Entry System of Accounting
• 1.5 Types of Accounts
• 1.6 Golden Rules of Accounting
• 1.7 Source Documents for Accounting
• Key Takeaways

Practice ExercisesChapter 2: Journalising and Posting of Transaction 

• 2.1 Introduction
• 2.2 Recording of Business Transactions
• 2.2.1 The Accounting Equation
• 2.2.2 Recording of Transactions in Books of Original Entry/Journal
• 2.2.2.1 Use of Debit and Credit
• 2.2.2.2 Rules of Debit and Credit
• 2.2.2.3 Recording of Business Transactions in Journal
• 2.3 Ledger
• 2.3.1 Need for Ledger
• 2.3.2 Differences between a Journal and a Ledger
• 2.3.3 Classification of Ledger Accounts
• 2.3.4 Posting from Journal
• 2.4 Trial Balance
• 2.4.1 Methods of Preparation
• 2.5 Subsidiary Books & Control Accounts
• 2.5.1 Cash Book
• 2.5.1.1 Single Column Cash Book
• 2.5.1.2 Double Column Cash Book
• 2.5.1.3 Three Column Cash Book
• 2.5.2 Petty Cash Book
• 2.5.3 Purchase Book
• 2.5.4 Purchase Return Book
• 2.5.5 Sales Book
• 2.5.6 Sales Return Book
• 2.5.7 Journal Proper
• 2.5.8 Control Accounts
• 2.6 Financial Statements
• 2.6.1 Trading and Profit & Loss Account
• 2.6.1.1 Trading Account
• 2.6.1.2 Profit & Loss Account
• 2.6.2 Balance Sheet
• 2.6.2.1 Types of Assets and Liabilities included in Balance Sheet
• Key Takeaways

Practice ExercisesChapter 3: Maintaining Chart of Accounts in Tally.ERP 9 3.1 Introduction3.1.1 Getting Started with Tally.ERP 9

• 3.1.2 Mouse and Keyboard Conventions
• 3.2 Company Creation
• 3.2.1 Shut a Company
• 3.2.2 Select a Company
• 3.2.3 Alter a Company
• 3.3 Company Features and Configurations
• 3.3.1 Company Features: F11
• 3.3.2 Configuration: F12
• 3.4 Chart of Accounts
• 3.4.1 Ledger
• 3.4.2 Group
• 3.5 Ledger Creation
• 3.5.1 Single Ledger Creation
• 3.5.2 Multi Ledger Creation
• 3.5.3 Altering and Display of Ledgers
• 3.5.3.1 Ledger Alteration
• 3.5.3.2 Single Ledger Display
• 3.5.3.3 Multi Ledger Display
• 3.5.4 Deleting Ledgers
• 3.6 Group Creation
• 3.6.1 Single Group Creation
• 3.6.2 Multiple Group Creation
• 3.6.3 Altering and Display of Groups
• 3.6.3.1 Group Alteration
• 3.6.3.2 Single Group Display
• 3.6.3.3 Multi Group Display
• 3.6.4 Deleting Groups
• Key Takeaways
• Shortcut Keys

Practice ExercisesChapter 4: Fundamentals of Inventory Management

• 4.1 Introduction
• 4.2 Inventory Management
• 4.3 Terms Used in Inventory Management
• 4.4 Inventory Valuation
• 4.4.1 Different Types of Inventory Valuation
• 4.5 Inventory Management in Tally.ERP 9
• Conclusion

Practice ExerciseChapter 5: Stock Keeping Units

• 5.1 Introduction
• 5.2 Inventory Masters in Tally ERP 9
• 5.3 Creating Inventory Masters
• 5.3.1 Creation of Stock Group
• 5.3.2 Creation of Unit of Measure
• 5.3.3 Creation of Stock Item
• 5.3.4 Creation of Godown
• 5.3.5 Defining of Stock Opening Balance in Tally ERP 9
• Key Takeaways
• Shortcut Keys

Practice ExercisesChapter 6: Recording Day to Day Transactions

• 6.1 Introduction
• 6.2 Business Transactions
• 6.2.1 Source Document or Voucher
• 6.2.2 Recording Transactions in Tally.ERP 9
• 6.3 Accounting Vouchers
• 6.3.1 Receipt Voucher
• 6.3.2 Contra Voucher
• 6.3.3 Payment Voucher
• 6.3.4 Purchase Voucher
• 6.3.5 Sales Voucher
• 6.3.6 Debit Note Voucher
• 6.3.7 Credit Note Voucher
• 6.3.8 Journal Voucher
• 6.4 Creation of New Voucher Type
• 6.5 Automation of Invoices (Voucher Classes)
• 6.6 Non-Accounting Vouchers
• 6.6.1 Memorandum Voucher
• 6.6.2 Optional Vouchers
• 6.6.3 Reversing Journal
• 6.7 Recording Provisional Entries
• 6.8 Recording Inventory Vouchers
• 6.8.1 Receipt Note Voucher
• 6.8.2 Delivery Note Voucher
• 6.8.3 Rejection In Voucher
• 6.8.4 Rejection Out Voucher
• 6.8.5 Stock Journal Voucher
• 6.8.6 Physical Verification of Stocks
• Conclusion
• Key Takeaways
• Shortcut Keys

Practise ExercisesChapter 7: Accounts Receivable and Payable Management

• 7.1 Introduction
• 7.2 Accounts Payable and Receivable
• 7.3 Maintaining Bill-wise Details
• 7.4 Activation of Maintaining Bill-wise Details Feature
• 7.5 New Reference
• 7.6 Against Reference
• 7.7 Advance Reference
• 7.8 On Account
• 7.9 Credit Limit
• 7.9.1 Activate Credit Limit
• 7.9.2 Setting Credit Limits
• 7.9.3 Exceeding Credit Limits
• 7.9.4 Exception to Credit Limits
• 7.10 Payment Performance of Debtors
• 7.11 Changing the Financial Year in Tally.ERP 9
• Conclusion
• Key Takeaways
• Shortcut Keys

Practice ExercisesChapter 8: Banking

• 8.1 Introduction
• 8.2 Banking Payments
• 8.3 Setting up Banking Features
• 8.4 Cheque Management
• 8.4.1 Cheque Printing
• 8.4.1.1 Single Cheque Printing
• 8.4.1.2 Multi Cheque Printing
• 8.4.2 Cheque Register
• 8.4.2.1 Cancelled Cheque
• 8.4.2.2 Blank Cheque
• 8.5 Bank Reconciliation
• 8.5.1 Manual Bank Reconciliation
• 8.5.2 Auto Bank Reconciliation
• 8.6 Deposit Slip
• 8.6.1 Cash Deposit Slip
• 8.6.2 Cheque Deposit Slip
• 8.7 Payment Advice
• 8.8 Managing of Post-dated Cheques
• 8.9 Notional Bank
• 8.10 Post-dated Report
• 8.11 Handling e-Payments in Tally.ERP 9
• 8.11.1 e-Payments Report
• 8.11.2 Exporting e-Payment Transactions from e-Payments Report
• 8.11.3 Sending Payment Instructions to Bank
• 8.12 Updating the Bank Details Instantly in Tally.ERP 9
• Conclusion
• Key Takeaways
• Shortcut Keys
• Practice Exercises

Chapter 9: Allocation and Tracking of Expenses and Incomes

• 9.1 Introduction
• 9.2 Cost Centre and Cost Categories
• 9.2.1 Activation of Cost Category and Cost Centre
• 9.2.2 Allocation of Expenses and Incomes using Cost Centre
• 9.2.3 Allocation of Expenses and Incomes using Cost Centre with Cost category
• 9.2.3.1 Allocation of expenses to multiple cost centres and cost categories
• 9.3 Automation of Cost Centre and Cost Categories while recording transactions
• 9.3.1 Cost Centre Classes
• 9.4 Cost Centre Reports
• 9.4.1 Category Summary
• 9.4.2 Cost Centre Break-up
• 9.4.3 Ledger Break-up
• 9.4.4 Group Break-up
• Conclusion
• Key Takeaways
• Shortcut Keys

Practice ExercisesChapter 10: MIS Reports

• 10.1 Introduction
• 10.2 Advantages of Management Information Systems
• 10.3 Types of MIS Reports in Tally.ERP 9
• 10.4 MIS Reports in Tally. ERP 9
• 10.4.1 Trial Balance
• 10.4.2 Balance Sheet
• 10.4.3 Profit and Loss Account
• 10.4.4 Cash Flow Statement
• 10.4.5 Funds Flow Statement
• 10.4.6 Ratio Analysis
• 10.4.7 Books and Accounting Reports
• 10.4.7.1 Day Book
• 10.4.7.2 Receipts and Payments
• 10.4.7.3 Purchase Register
• 10.4.7.4 Sales Register
• 10.4.7.5 Bills Receivable and Bills Payable
• 10.4.8 Inventory Reports
• 10.4.8.1 Stock Summary
• 10.4.8.2 Stock Transfer
• 10.4.8.3 Movement Analysis
• 10.4.8.4 Ageing Analysis
• Key Takeaways
• Shortcut Keys