Finance and Accounting Basics with Tally Prime and Tally ERP 9 - Comprehensive Course

Overview

Embark on a comprehensive 11-hour 43-minute video course covering finance, accounting, and Tally software fundamentals. Begin with accounting basics, including bookkeeping, transaction tracking, and key concepts. Explore financial accounting principles, differentiating between accrual and cash methods, and learn to create balance sheets and income statements. Delve into financial management, examining its goals, the role of financial managers, and corporate finance topics such as capital structure and mergers. Gain practical skills with hands-on training in Tally ERP9 and Tally Prime, including GST basics, registration, and using online portals. Master financial ratios, budgeting techniques, and payroll management to optimize business operations and decision-making processes.

Syllabus

Introduction
Basics of Accounting
What is accounting?
Book-keeping
Record-keeping system
Tracking Transactions
Reporting Transactions
Accounting Concepts
Accounting cycle
Financial Accounting
What is Financial accounting?
Accrual vs Cash Accounting
Balance sheet
Income statement
Cash flow statement
Financial ratios
Accounting
Functions of Accounting
Branches of Accounting
Golden Rules of Accounting
Process of Accounting
Types of GST
Features of Tally
Advantages of Tally ERP9
Balance Sheet
Concept of finance
Broad areas of finance
Financial management in business
Goals of financial management-Profit
Goals of financial management-Wealth
Goals of financial management-Market share
Functions of financial manager
Principal-Agent relationship
Financial system
Security for investments in business
Overview of Corporate Finance
The Goals of Corporate Finance and Stakeholders to Corporate Finance
Nature of Corporate Finance Decisions
Factors Influencing Capital Structure Decisions
Relevance of Debt and Equity in Capital Structure
Dividend Decisions
Agency Problem
Overview of Mergers and Acquisitions
Mergers
Acquisitions
How Secured Are You
Tally for Goods and Service Tax
Financial management principles
Role and Functions of Financial Management
Budget Creation in Tally
Benefits of Budgeting
Introduction to GST
Key Terminologies of GST
GST Registration
Input Tax Credit ITC
Returns Process under GST
Online GST Portals
Summary of Goods and Services Tax
Introduction to Tally for GST
GST rates and Codes
Introduction to Input Tax Credit in Tally
TDS under GST
Introduction to Payroll Management
Features of Payroll
Benefits of using Tally for Payroll
Payroll in Tally ERP9