Key Features
Fundamentals of Accounting: Double Entry System of Accounting, Debit and Credit, Golden Rules of Accounting, Recording of Business/Journalising Transactions, Trial Balance, Financial Statements, Subsidiary Books & Control Accounts, Depreciation., Introduction to TallyPrime: Downloading and Installation, Licenses, How to Activate / Reactivate New License, Company Creation and Setting up Company Features., Maintaining Chart of Accounts: Ledgers, Creation/ Alteration/ Deletion of Masters, Multi-Masters Creation and its Display., Recording and Maintaining Accounting Transactions Banking: Cheque Printing, Deposit Slip, Payment Advice, Bank Reconciliation., Generating Financial Statements and MIS Reports: Final Account Reports, MIS Reports., Data Security: Activation, Creation of Security Levels (User Roles)/ Users and Passwords for Company, Accessing the company using Security Levels, Auto Login, TallyVault., Company Data Management: Backup/ Restoring of Company Data, Migration of Tally earlier version Data to TallyPrime., Storage and Classification of Inventory: Supply Chain, Inventory Management, Inventory Masters, Tracking of Movements of Goods in Batches/Lots, Price Levels and Price Lists., Accounts Receivable and Payable Management: Maintenance/ Activation of Bill-wise Entry, Specifying of Credit Limit for Parties, Splitting of Credit Sale Into Multiple Bills, Payment Performance of Debtors, Bills Payable and Receivable Reports., Purchase and Sales Order Management: Purchase/ Sales Order Processing, Order Outstanding, Reorder Level.