Accounting
Tally Prime + GST Basics
Company books, vouchers, and the GST entries a small business repeats.
Tally Prime + GST Basics is a practical path through daily accounts: a company, vouchers, and the GST pieces that show up on ordinary bills. You will learn the sequence of entries rather than a pile of menu names. This is classroom-style recorded teaching, not a substitute for a chartered accountant’s advice.
Course syllabus
01. The company
- Setting up a company in Tally Prime
Name, books beginning, and the features you actually turn on.
- What the company file is
The books live in a file. Know where it is before you enter anything.
- Financial year and books beginning
The date the books start, and why you do not guess it.
- Features you need on day one
Accounts, inventory only if you track stock, and GST if you file it.
- A name you will recognise later
The company name as it should appear on a bill.
- Open the right company
Switching files so you do not type yesterday's shop into today's.
- A backup before you experiment
Copy the file before you try a menu you do not know.
- The screen you will live in
Gateway, vouchers, and reports, and which one is for entry.
02. Ledgers and groups
- Ledgers and groups
Where cash, bank, sales, and purchases live.
- A group is a family of ledgers
Cash sits under cash-in-hand. A customer sits under sundry debtors.
- Create the cash ledger
The ledger you will use for money that is physically there.
- Create a bank ledger
The account name and why it is not the same as cash.
- A sales ledger
The income account a normal bill will post to.
- A purchase ledger
The expense or purchase account a supplier bill will post to.
- A party ledger
One customer or supplier, with the name you would put on a letter.
- Do not invent a group
Use the standard group unless you can say why a new one is needed.
03. Vouchers
- Payment, receipt, and journal
The vouchers used for everyday money movement.
- A receipt when money comes in
Who paid, which ledger, and the cash or bank account.
- A payment when money goes out
The expense or the party, and the account the money left.
- A contra between cash and bank
Moving money you already had, which is not income.
- A journal for an adjustment
An entry that is not a simple receipt or payment.
- The narration is part of the entry
A sentence a colleague can read next month.
- The date on the voucher
The day the event happened, not the day you found time to type it.
- Alter a voucher you mistyped
Open it, fix the ledger or the amount, and save.
04. Sales and GST
- Sales and purchase with GST
A bill that carries the right GST treatment.
- Turn on GST for the company
The registration details you enter, and the ones you leave to your accountant.
- A GST ledger for output tax
The tax you collect on a sale, kept separate from the sale amount.
- A sales voucher with tax
Party, sales ledger, tax ledger, and a total you can explain.
- CGST and SGST on one bill
Two tax lines when the sale is inside the state.
- IGST when the party is in another state
One tax line, and how you know which case this bill is.
- An invoice number you can find
A series you would not be ashamed to show an auditor.
- What this course will not file
You learn the entry. A return is still your accountant's document.
05. Purchases
- A purchase voucher
What you bought, from whom, and the ledger it belongs in.
- Input tax on a purchase
The GST you paid, recorded so it is not mixed into the expense by accident.
- A cash purchase
No party balance. The money left the cash ledger.
- A credit purchase
The supplier is owed. The bill is not paid yet.
- Match the bill in your hand
Amount, tax, and name should match the paper before you save.
- A debit note in plain words
When the supplier's bill was too high, and the entry that reduces it.
- Do not net the tax into the item
The tax ledger stays visible so a report can find it.
- One purchase you can re-do from memory
Close the screen and enter the same bill again without the notes.
06. Reports
- Day book and GST reports
Check what was entered before you rely on a total.
- The day book for one date
Every voucher from that day, in the order you typed them.
- A ledger you drill into
From the balance, down to the voucher that caused it.
- Cash and bank should match the real world
The report and the passbook are allowed to disagree only if you can say why.
- A sales register
The bills, not a single number with no list under it.
- A GST report you can open
Where to look, and the question you are trying to answer.
- A total that looks wrong
Find the voucher before you 'fix' the report.
- Print or export without changing books
A copy for someone else is not a new entry.
07. A month check
- Close the month with a list
Receipts, payments, sales, and purchases you expected to see.
- Find a missing bill
The paper that never became a voucher.
- Find a double entry
The same bill typed twice.
- A question for the accountant
What you will ask, with the voucher number written down.
- Backup after the check
A copy of the company file once the month looks right.
- What you can now do alone
Company, ledgers, four vouchers, and a report you trust enough to read.
Lecture videos stay with the course. Playback for enrolled students will open once payments are available. Video links are not published on this page.