Tally with GST(Goods and Services Tax)


ally is a popular accounting software widely used by businesses and organizations to manage their financial transactions, inventory, and other accounting-related processes.

Here are some key features and aspects of Tally:

  1. Bookkeeping and Accounting: Tally helps users maintain accurate and up-to-date financial records by providing tools for recording day-to-day transactions, including sales, purchases, payments, receipts, and expenses.

  2. Financial Reporting: Tally offers a range of financial reports, such as profit and loss statements, balance sheets, cash flow statements, and trial balances.

  3. Inventory Management: Tally includes features for managing inventory, including stock levels, purchases, sales, and tracking of items.

  4. Tax Compliance: Tally supports tax-related compliance requirements, such as GST (Goods and Services Tax) in India and VAT (Value Added Tax) in other countries.

  5. Data Security: Tally emphasizes data security by providing user access controls, data encryption, and backup options. 

  6. Customization and Integration: Tally can be customized to meet specific business needs by creating or modifying reports, invoices, and other templates.

  7. Multi-User and Multi-Company Support: Tally allows multiple users to simultaneously access and work on the accounting data. 

Tally is known for its user-friendly interface and simplicity, making it accessible to users with varying levels of accounting knowledge and experience. .

Course content

here is a general outline of topics that are typically covered in a Tally with GST course:

Learning Objectives:

• Activate GST for a company in Tally.ERP 9
• Maintain GST registration details for the company
• Record GST registration details of parties
• Record the following transactions:
o Intrastate Supplies – Inward
o Intrastate Supplies – Outward
o Interstate Supplies – Inward
o Interstate Supplies – Outward
• Print GST Invoice
• Record goods return
• Defining tax rated at different level
• Generate GSTR-1 and GSTR-2 reports
• Input credit set off
• Record GST tax payment
• Exporting GSTR1 return
• Accounting reverse charge under GST
• Accounting of supply of services
• Accounting of exempted services
• Accounting exports
• Accounting of SEZ and exempted sale

It’s important to note that the actual course content may vary, and some providers may include additional or specialized topics based on their curriculum. It is recommended to review the specific course syllabus or contact the training provider for detailed information about the Tally with GST course content they offer.