Basic Concept of Tally Prime
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- Creation, Modification, Deletion – Company Group & Ledgers.
- Company Merging & Splitting
Working on Tally
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- Handle different types of Vouchers & recording of Transactions
- Inventory Management – Create & maintain Inventories
- Maintain Bills/Invoice details and track Receivables & Payables
- Create and maintain Cross-centres & Budgets
- Understand and apply Funds Flow & Cash Flow Statements
- Ratio Analysis & Compute commonly used Ratios
- Analyze Financial Statements
- Maintain Data Accuracy, Consistency & Backups
Payroll Process
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- Creating Payroll Masters
- Processing Payroll – Attendance & Payroll Vouchers
- Accounting for PF, ESI Contribution
- Generating Payroll Reports
- EPF, TDS on Payroll Process