What You Will Learn
This module summarizes the fundamentals of Accountancy, starting with Accounting terms, concepts, right up to the Double Entry System of Accounting. It explains the need and usage of Golden Rules of Accounting in the Books of Accounting and Recording the Business Transactions.
This module on Maintaining Chart of Accounts, shows you how simple it is to create, alter and display the Chart of Accounts such as, Ledgers, and Groups.
This module helps you understand the meaning and types of inventories. Also covers the creation of inventory masters such as Stock Groups, Stock Category, Godown.
This module on Recording Accounting Transactions covers how to Record Transactions such as Receipt, Contra, Payment, Purchase, Sales, Debit Note, Credit Note, and Journal Vouchers with the practical scenarios.
This module covers the fundamentals and concepts of Outstanding Management, enabling Bill-wise practical business scenarios on the given references such as, New Reference, Against Reference, Advance Reference, On account Reference with illustrations along with Bill Settlement and Credit Limit feature.
This module covers all MIS reports in Tally which are Trail Balance, Balance Sheet, Profit and Loss Account, Cash Flow Statement, Ratio Analysis, Daybook, Receipts and Payments, Purchase, and Sales Register including Inventory Reports.