Master Bookkeeping, Inventory, Payroll, and Financial Reporting in Tally Prime – From Scratch to Advanced Level

This course is designed for freelancers, accounting students, and small business owners who want to confidently manage accounts, inventory, payroll, and reporting using Tally Prime’s latest version.

We’ll begin by showing you how to download, install, and activate Tally Prime on your system. Then, you’ll jump right into setting up your company, creating ledgers, and working on real-life business transactions through a series of step-by-step lectures.

Through practical examples and two full projects (a trading company and a manufacturing company), you’ll gain the skills needed to handle day-to-day accounting operations like sales, purchases, stock management, tax handling, payroll processing, and reporting — all within Tally Prime’s user-friendly interface.

Here’s what you’ll learn:

✅ How to download, install, and navigate Tally Prime
✅ Create and manage companies, ledgers, customers, and vendors
✅ Record purchases, sales (cash & credit), and customer advances
✅ Handle inventory with opening balances, godowns, reorder levels, and multi-location stock
✅ Work with sales & purchase orders, debit/credit notes, and returns
✅ Record fixed asset purchases, depreciation, drawings, prepaid expenses & accrued liabilities
✅ Manage cash & bank transactions, reconciliation, and card payments
✅ Prepare VAT returns and customize VAT reports in columnar format
✅ Generate and customize reports: Trial Balance, P&L, Balance Sheet
✅ Process payroll, including staff advances, salaries, and full employee setup
✅ Use cost centres, bill of materials (BOM), and manufacture finished goods from raw materials
✅ Work with multi-currency transactions and user access controls
✅ Backup, restore, and delete company data securely
✅ Import master data, set price levels, apply discounts, and much more

By the end of this course, you'll be able to confidently:

✔️ Maintain accurate financial records
✔️ Track inventory and manage stock efficiently
✔️ Handle all types of business transactions
✔️ Generate professional financial and tax reports
✔️ Use Tally Prime like a professional accountant or business owner

Whether you’re new to accounting software or want to polish your Tally skills, this course will take you from beginner to expert — with no prior experience required.

Important Disclaimer:
This class is intended solely for educational purposes and does not provide investment, tax, accounting, or financial planning advice. Please consult with a qualified professional for guidance specific to your financial or legal situation. Any legal requirements that may apply, including those related to registration with the SEC or state securities regulators, should be followed if applicable.

Shree Paranjape

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