Course Description

Course Objectives:

1. Expand participants' understanding of Tally Prime functionality and its application in diverse accounting contexts.
2. Develop proficiency in handling complex accounting transactions and scenarios using Tally Prime.
3. Explore advanced features and customization options in Tally Prime for tailored financial reporting and analysis.
4. Master advanced GST implementation strategies and compliance measures using Tally Prime.
5. Gain practical experience through hands-on exercises and case studies simulating real-world accounting and GST scenarios.
6. Enhance participants' problem-solving skills and ability to address complex accounting and GST challenges using Tally Prime.
7. Understand the concepts and legal provisions governing Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) under the Indian tax system.
8. Gain proficiency in configuring and managing TDS and TCS compliance in Tally software.
9. Learn the process of calculating, deducting, and remitting TDS amounts accurately using Tally.
10. Explore advanced features of Tally for TDS and TCS reporting, reconciliation, and compliance monitoring.
11. Develop practical skills in processing payroll transactions, generating pay slips, and managing employee records using Tally Payroll.
12. Understand statutory requirements and best practices for payroll processing and compliance.
13. Gain hands-on experience through practical exercises and case studies simulating real-world TDS, TCS, and Payroll scenarios.
14. Enhance problem-solving skills and ability to troubleshoot common issues related to TDS, TCS, and Payroll management in Tally.

What You’ll Learn?

• Comprehensive Understanding: Gain a thorough understanding of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) regulations, as well as statutory requirements related to payroll processing.
• Proficiency in Tally Software: Develop proficiency in configuring and using Tally software to manage TDS, TCS, and Payroll transactions effectively.
• Payroll Processing Skills: Acquire practical skills in processing payroll transactions, including salary payments, deductions, and reimbursements, and generating relevant reports such as pay slips and salary registers.
• Understanding of GST Concepts: Gain a comprehensive understanding of the fundamental concepts of GST, including its scope, applicability, and various types of taxes involved.
• Knowledge of GST Compliance: Learn about the legal and compliance requirements related to GST, including registration, filing returns, invoicing, and maintaining records.

Requirements

• Be able to run computer with basic knowledge