Introduction to Accounting & Tally

BBSMIT guides students in basic accounting and the use of Tally Prime to help them learn how to keep business financials accurate. It provides a foundation in accounting principles and teaches how to use Tally, things every GST executive and Tally operator needs to know.

• Basics of Accounting: Learn how to write things like sales or expenses in a journal, transfer these postings to the ledger, and finally check and review all the transactions with a trial balance.
• Company Creation in Tally: Know how to set up a new company in Tally, such as choosing the financial year, filling in company information, configuring GST, and securing data.
• Navigation & Interface: Learn how to use the Tally Prime interface and its menu systems, shortcut keys, and how to go between modules so you can work quickly and precisely.

Develop strong skills in using the Tally system.

At BBSMIT, we ensure students get familiar with Tally Prime by supporting them as they create necessary accounting and inventory masters. It demonstrates the basics of ledgers, stock items, and GST settings needed to successfully run any business.

• Ledger Master & Group Creation: Create ledger accounts for every person or entity involved in the transactions and see how ledger groups are used to arrange the records.
• Inventory Masters: Stock Group, Stock Item, Units: Develop the ability to add stock groups, single items, and units to create a proper record of the inventory value.
• GST Master Configuration: Learn how to set up GST in Tally, such as setting tax rates, using HSN/SAC codes, and linking them to ledgers and stock items for automatic tax calculation.

Voucher Entry Operations

BBSMIT students are taught to handle simple day-to-day transactions using Tally Prime software. In this module, learners acquire real-world accounting knowledge by putting in vouchers accurately and conveniently, which is necessary for keeping their records error-free.

• Payment, Receipt, Contra, Journal, Purchase, Sales: Work on making entries in Tally for several financial types such as payment, receipt, contra, journal, purchase, and sales, as these are essential parts of accounting processes.
• Debit & Credit Notes: Learn when debit and credit notes are used for returns, adjustments, or corrections and see how they change the ledgers and the inventory.
• Inventory Voucher Entries: Be involved with real-life vouchers called delivery notes, receipt notes, and stock journals to handle and record changes in stock items inside the system.

GST Accounting in Tally

It is important to us that students at BBSMIT learn to handle GST-following transactions with Tally software. It teaches how to organize GST, how to draft and process reports, and prepares learners to manage taxes in real-life businesses.

• GST Setup in Tally: Study the process of turning on and setting up GST in Tally Prime, keeping in mind to set the GST rates, party GSTINs, and tax ledgers.
• Intra- & Inter-State Transactions: Keep track of inter-state and intra-state sales and purchases and understand that the tax rates are CGST/SGST or IGST depending on the transaction.
• GST Reports GSTR-1, GSTR-3B: Understand how to get GST reports like GSTR-1 and GSTR-3B in Tally to submit your taxes exactly and on time.
• Reverse Charge Mechanism: Know how to keep records and handle reverse charge entries, because the recipient pays the tax for services or specific goods.

Billing & Invoice Generation

At BBSMIT, we train students to master the process of billing and invoice generation using Tally. This module enables learners to create professional, GST-compliant invoices; manage credit/debit notes; and customize invoice formats as per business requirements.

• Tax Invoice, Retail Invoice: Understand the difference between tax and retail invoices. Learn how to generate GST-compliant invoices for B2B and B2C transactions in Tally.
• Credit Note/Debit Note Format: Learn to issue credit and debit notes for returned goods or adjustments, following proper accounting treatment and GST compliance.
• Customizing Invoice Formats: Discover how to personalize invoice layouts in Tally with company logos, additional fields, and formatting changes to match business branding and needs.

Bank & Cash Transactions

In BBSMIT's Professional Tally Operator & GST Executive Program, this module equips students to efficiently manage day-to-day bank and cash-related activities using Tally. Students acquire hands-on experience in managing transactions, reconciliation, and real-time accounting.

• Bank Reconciliation Statement: Discover how to use Tally's BRS feature to reconcile the company's bank ledger and bank statement. Identify and resolve mismatches accurately.
• Post-dated Cheques Handling: Understand how to record and manage post-dated checks for both receipts and payments while maintaining proper financial tracking.
• Cash Deposit/Withdrawal Entry: Master the process of recording all cash deposits and withdrawals correctly in Tally to ensure accurate cash book maintenance.

Payroll & Salary Management

In BBSMIT’s Professional Tally Operator & GST Executive Program, this module helps learners master employee salary management using Tally’s payroll features. It includes end-to-end payroll setup, statutory compliance, and report generation.

• Employee Master Setup: Learn how to create employee records in Tally, assign departments, and define salary structures.
• Attendance & Salary Processing: Become familiar with how to enter and check attendance and leaves and process monthly salary payments.
• PF, ESI, and TDS Entry in Payroll: Ensure payroll processing is accurate by understanding how to record Provident Fund (PF), Employee State Insurance (ESI), and Tax Deducted at Source (TDS) information.
• Salary Slip Generation: Figure out how to produce and print employee salary slips using Tally’s custom templates.

Inventory & Warehouse Management

At BBSMIT, we train our learners to professionally manage inventory and warehouses using Tally. This module focuses on organizing storage spaces, tracking stock levels, and maintaining accurate records. These skills help students control goods efficiently and ensure smooth business operations.

• Godown Creation: Master the process of setting up and handling more than one warehouse (godown) in Tally to see how your stock is stored at different sites.
• Stock Valuation: Calculate the inventory value using FIFO, LIFO, or the weighted average, which are methods used in stock valuation.
• Physical Stock Verification & Adjustment: This will allow you to see the real stock, match it to what accounting shows, and manage adjustments within your Tally program.

Financial Reports & MIS

At BBSMIT, we assist students in mastering the use of Tally for business financial analysis and comprehension. This module focuses on reading, interpreting, and generating critical financial and MIS reports that support better decision-making and financial control in an organization.

• Balance Sheet: To comprehend a company's financial situation and health, learn how to create and analyze its balance sheet in Tally.
• Profit & Loss Account: Get trained in reading profit & loss statements to evaluate income, expenses, and profitability over a given period.
• Day Book, Cash Book, Stock Summary: Explore essential records like day-wise transactions, cash movement, and real-time stock data for accurate tracking.
• MIS Reports for Management: Discover how to use Management Information System reports for business insights, forecasting, and strategic planning.

Practical Projects & Interview Preparation

At BBSMIT, we ensure that learners not only understand theoretical concepts but also gain hands-on practical experience to boost their confidence. This section is designed to prepare students for the real-world challenges of an accounting job and help them succeed in interviews for the Tally Operator & GST Executive role.

• Real-World Company Setup Practice: Learn to create and manage a complete company setup in Tally, just like it’s done in real business environments.
• Mock Billing Assignments: Get hands-on practice with simulated billing tasks to build speed and accuracy using Tally’s invoicing features.
• GST Filing Demo: Understand the process of filing GST returns through a live demo using Tally, including GSTR-1 and GSTR-3B.
• Interview Questions (Accounts + Tally-Based): Prepare with frequently asked interview questions focused on accounting principles, Tally shortcuts, and GST concepts.
• Resume Building for Tally Operator Role: Get expert guidance on creating a professional and impactful resume tailored for accounting and GST executive roles.

Enroll Now

Are you ready to become a proficient GST Executive and Tally Operator? At BBSMIT, we offer practical, job-focused training that opens doors to accounting careers in top companies. Our expert-led program ensures you're industry-ready with real-time practice, GST filing, payroll management, and interview preparation.

Why wait? Your accounting career starts here!

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