This course focuses on practical accounting and inventory management using the Tally software, with an essential focus on the Goods and Services Tax (GST) regime.

Accounting Fundamentals: Vouchers, ledgers, groups, trial balance, and financial statements (Profit & Loss, Balance Sheet).

Tally Software Setup: Company creation, features, configuration, and security controls.

Inventory Management: Stock groups, stock categories, stock items, units of measure, and godowns (locations).

Voucher Entry: Recording day-to-day transactions (purchases, sales, payments, receipts, journal entries).

GST Implementation:

Concept & Activating GST in Tally.

Creating GST Masters: Ledgers and tax rate setup for items and services (CGST, SGST, IGST).

Recording GST Transactions: Sales, purchases, tax payments, and reverse charge mechanisms.

GST Reports & Returns: Generating and understanding statutory reports like GSTR-1, GSTR-2A, GSTR-3B.

Advanced Topics: Payroll, TDS (Tax Deducted at Source), TCS (Tax Collected at Source), Bank Reconciliation Statement (BRS).