Tally prime free Installation and configuration

The Tally Prime Fundamentals course is designed to provide students with a comprehensive understanding of Tally Prime software and its practical application in managing financial transactions and accounting processes. Tally Prime is a popular and widely used accounting software solution that simplifies various accounting tasks for businesses of all sizes.

This course will cover the essential features of Tally Prime, starting with the installation process, followed by creating a company and setting up the chart of accounts. Participants will learn how to record day-to-day transactions, perform banking operations, and generate essential financial reports using Tally Prime.

Course Objectives:

1. Familiarize participants with the Tally Prime software interface and its key components.
2. Understand the installation process and system requirements for Tally Prime.
3. Learn how to create a new company in Tally Prime and configure company settings.
4. Gain proficiency in setting up the chart of accounts, including ledgers, groups, and cost centers.
5. Develop skills in recording various types of transactions, such as sales, purchases, payments, and receipts.
6. Explore the banking features in Tally Prime, including bank reconciliation and fund transfers.

Course Outline:

1. Introduction to Tally Prime
   • Overview of Tally Prime software and its benefits
   • Understanding the user interface and navigation
2. Installation and Company Setup
   • System requirements and software installation
   • Creating a new company and configuring company settings
3. Chart of Accounts
   • Creating ledgers, groups, and cost centers
   • Defining account classifications and hierarchies
4. Recording Day-to-Day Transactions
   • Entering sales and purchase transactions
   • Managing cash and bank transactions
   • Handling journal entries and adjusting entries
5. Banking in Tally Prime