Tally.ERP9 with GST

Tally.ERP 9 is a comprehensive business management software that is extremely simple to use. It is packed with all the features that map your business operations yet is very easy to learn. With blazing speed, you get access to all your business reports in no time and you can rest assured that all your business data is highly safe and secure. And lastly, with the One Nation One Tax initiative in India, Tally.ERP 9 ensures that you are GST-Ready from Day 1.

Syllabus

Module 1 : Introduction to Financial Accounting

Accounting
Methods of Accounting
Financial Accounting Concept
Recording of Transactions
Accounts Books
Final Accounts
Manual Accounting vs Computerised Accounting
Computerized Accounting Software
Accounting without codes
Budgets, MIS and Ratio analysis (in short)

Module 2 : Introduction to GST

Basics of GST
Objectives of GST
GST at Global level
List of Goods not covered under GST
Registration Process Under GST to be added
Registered and Unregistered Dealers and Effects of Purchases from Unregistered Dealers.

Module 3 : Tally with GST

Upgrading to Tally.ERP 9 Release 6.4.5
Start Using Tally.ERP 9 for GST Compliance
1. Activate GST
2. Set up tax rates
3. Update or create ledgers as required
Recording Sales and Printing Tax Invoices
Recording Purchases
Recording a Tax Payment
Transferring Tax Credits of VAT, excise and service tax to GST

Module 4 : Maintaining Company Data

Gateway of Tally
Creating and Maintaining a Company
Loading a Company
Maintaining Group Company
F11: Company Features
F12: Configuration

Module 5 : Incorporation of various laws under GST

List of all taxes that are subsumed into GST to be given separately here.
Reverse charge mechanism introduction of GST to be given
Central taxes which will be included in CGST
State taxes which will be included in SGST
IGST
GST Rates

Module 6 : Inventory

Stock Groups
1. Creating a Stock Group
2. Creating Multiple Stock Groups
3. Displaying a Stock Group
Stock Categories
1. Creating a Stock Category
2. Creating Multiple Stock Categories
3. Displaying a Stock Category
Stock Items
1. Creating a Stock Item
2. Creating a Stock Item in Advance Mode
3. Displaying a Stock Item

Module 7: Bills of Materials

Creating Single Bill of Materials for a Stock Item
Creating Manufacturing Journal for a Stock Item with Single Bill of Materials
Creating Multiple Bill of Materials for a Stock Item
Creating Manufacturing Journal for a Stock Item with single/Multiple BOM created with Type of Item