TallyProfessionalCertification
| Sl. No. | Contents | Hours |
| 1 | TallyProfessional Volume 2 | 40 |
| Total | 40 | |
Table of Content
| SKU Name/Chapter Name | Hours |
| TallyProfessionalVolume2 | 40 |
| Chapter 1: Recording Advanced GST Transactions | 12 |
| 1.1 Introduction 1.1.1 E-Way Bill 1.1.2 GST e-Invoicing 1.1.3 GST in TallyPrime 1.1.4 Creation of Company and Activating GST 1.1.5 Introducing Capital into the Business 1.1.6 Creation of Masters in TallyPrime 1.2 Recording GST compliant transactions 1.3 Accounting Intrastate Supply of Goods & Services 1.3.1 Intrastate Inward Supply of Goods 1.3.2 Intrastate Outward Supply of Goods and Generating e-Invoice 1.3.3 Intrastate Inward Supply of Services 1.3.4 Intrastate Outward Supply of Services 1.4 Accounting Interstate Supply of Goods 1.4.1 Interstate Inward Supply of Goods 1.4.2 Interstate Outward Supply of Goods and Generating e-Invoice with e-Way Bill 1.5 Purchases from Unregistered Dealer 1.6 Purchases from Composition Dealer 1.7 Accounting Mixed Supply under GST 1.8 Accounting Composite Supply under GST 1.9 Supply of Exempted/Nil-rated Goods under GST 1.10 Supply of Goods to Special Economic Zone (SEZ) 1.11 Import of Goods subject to Reverse Charge Mechanism under GST 1.12 Export of Goods under GST 1.12.1 Exports through LUT/Bond 1.12.2 Exports Taxable 1.13 Supply of Goods to Other Territory 1.14 Supply of Goods to Unregistered Dealer 1.15 Advance Receipts under GST 1.15.1 Advance Receipt for supply completed in the same month 1.15.2 Advance Receipt for supply completed in the subsequent month 1.16 Generating E-Invoice Report 1.16.1 Export Bulk Invoices using Online Method. 1.16.2 Export Bulk Invoices using Offline Method. 1.16.3 Update Details in TallyPrime and Print QR Code 1.16.4 Rectify Missing/Invalid Information and Update the Details from e-Invoice report. 1.16.5 Cancel IRN 1.17 Generating E-Way Bill Report 1.17.1 Generate e-Way Bill in Bulk 1.17.2 Update e-Way Bill Part B 1.17.3 Extend e-Way Bill Validity 1.17.4 Export Bulk Invoices using Offline Method. 1.18 Input Tax Credit Set Off against Liability 1.19 GST Tax Payment 1.19.1 Challan Reconciliation 1.20 Generating GST Returns in Tally 1.20.1 GSTR-1 1.20.2 GSTR-3B 1.20.3 GSTR-9 – GST Annual Computation 1.21 E-Filing GST Returns in Tally 1.21.1 Filing GSTR-1 Returns 1.21.2 Filing GSTR-3B Returns 1.21.3 Filing GSTR-9 Returns – GST Annual Computation Conclusion Key Takeaways Shortcut Keys Practice Exercises | |
| Chapter 2: Recording Advanced TDS Transactions | 10 |
| 2.1 Introduction 2.2 Activation of TDS in TallyPrime 2.3 Recording TDS Compliant Transactions 2.3.1 Booking of Expenses & deducting TDS in the Journal Voucher 2.3.2 TDS Transaction for Purchase of Software 2.3.3 TDS on Sales Commission and Deducting TDS 2.3.4 Accounting TDS on Capital Expenditure 2.3.5 Accounting for TDS on Advance Payments and Adjusting Advances towards Bill 2.3.6 Purchase Escalation after Recording TDS Transaction 2.3.7 Reversal/Cancellation of Expenses with TDS 2.3.8 TDS on Works Contract attracting GST 2.3.9 TDS on Payments to Non-Residents (DTAA) 2.3.10 TDS on Income from Foreign Currency, Bonds or Shares of India Company 2.4 TDS Payment to Department 2.4.1 TDS Outstanding 2.4.2 Payment of Tax to the Income Tax Department 2.4.3 Generating TDS Challan (ITNS 281) 2.4.5 Interest Payment to Income Tax Department on Delayed Tax Payment 2.5 TDS Report 2.5.1 Challan Reconciliation 2.5.2 Form 26Q 2.5.3 Form 27Q 2.6 E-Return 2.6.1 Form 26Q 2.6.2 Form 27Q 2.6.3 TRACES Portal 2.7 Maintaining Books of Accounts as a Deductee Conclusion Key Takeaways Shortcut Keys Practice Exercises | |
| Chapter 3: Tax Collected at Source (TCS) | 8 |
| 3.1 Introduction 3.2 Basic Concepts of TCS 3.3 TCS in TallyPrime 3.3.1 Activation of TCS in TallyPrime 3.4 Recording TCS Compliant Transactions 3.4.1 Sale of TCS Goods on Accrual Basis 3.4.2 Sale of TCS Goods at Lower Rate/Nil Rate 3.4.3 Sale of TCS Goods at Higher Tax Rate (Under Section 206CCA) 3.4.4 Accounting TCS Exemption for Buyers Deducting TDS 3.4.5 TCS on Transfer of Right to Use 3.4.6 Accounting for TCS on Advance Receipts and Adjusting Advances towards Bill 3.5 TCS Payment to Department 3.5.1 Resolving Uncertain Transactions 3.5.2 Payment of Tax to the Income Tax Department 3.5.3 Generating TCS Challan (ITNS 281) 3.5.4 Interest Payment to Income Tax Department on Delayed Tax Payment 3.6 TCS Reports 3.6.1 Form 27EQ 3.6.2 Challan Reconciliation 3.7 E-Return 3.8 Maintaining Books of Accounts as a Collectee Conclusion Key Takeaways Shortcut Keys Practice Exercises | |
| Chapter 4: Payroll and Income Tax | 10 |
| 4.1 Introduction 4.2 Payroll in TallyPrime 4.2.1 Creation of Company and Activating Payroll 4.2.2 Introducing Capital into the Business 4.3 Creation of Payroll Masters in TallyPrime 4.3.1 Employee Masters 4.3.1.1 Employee Categories 4.3.1.2 Employee Group Master 4.3.1.3 Employee Master 4.3.2 Creation of Units (Work) 4.3.3 Attendance /Production Types 4.3.3.1 Attendance Type Creation 4.3.3.2 Employees Paid Leaves 4.3.4 Pay Heads in TallyPrime 4.3.4.1 Understanding on Pay Head Types of TallyPrime 4.3.4.2 Understanding on Pay Head Calculation types in TallyPrime 4.3.4.3 Understanding on Methods of Computation 4.3.5 Creation of Primary Pay heads 4.3.5.1 Basic Pay 4.3.5.2 House Rent Allowance 4.3.5.3 Conveyance 4.3.5.4 Overtime 4.3.5.5. Canteen Deduction 4.3.6 Creation of Statutory Pay heads 4.3.6.1 Provident Fund 4.3.6.2 Creation of Employer’s Other Charges Pay heads for Provident Fund 4.3.6.3 Employees State Insurance 4.3.6.4 Professional Tax 4.3.6.5 Gratuity 4.3.6.6 Income Tax 4.3.7 Defining Salary Details 4.3.7.1 Defining Salary Details for an Employee 4.3.7.2 Defining Salary Details for an Employee Group 4.3.7.3 Cascading Salary Details from Employee Group to Employee Master 4.3.8 Income Tax Master Configuration 4.3.8.1 Income Tax Pay Head Details 4.3.8.2 Income Tax Declarations 4.3.8.3 Income Tax Exempt 4.3.8.4 Income Tax Amount 4.3.8.5 Payroll Income Tax Configuration 4.3.8.6 Previous Employer Tax Deducted/Paid Details 4.4 Processing Payroll with Income Tax 4.4.1 Attendance Vouchers 4.4.2 Payroll Vouchers 4.4.3 Payment Vouchers 4.5 Payroll Reports 4.5.1 Pay Slip 4.5.2 Pay Sheet 4.5.3 Attendance Sheet 4.5.4 Payment Advice 4.5.5 Payroll Statement 4.5.6 Employee Pay Head Breakup 4.5.7 Pay Head Employee Breakup 4.5.8 Payroll Register 4.5.9 Attendance Register 4.5.10 Employee Profile 4.5.11 Employee Head Count 4.5.12 Expat Reports 4.6 Payroll Statutory Reports 4.6.1 Summary 4.6.2 Provident Fund 4.6.3 Employee State Insurance 4.6.4 Professional Tax 4.6.5 Gratuity 4.6.6 Income Tax Reports 4.6.7 Challan Reconciliation (Income Tax Payment) 4.6.8 Income Tax Returns 4.6.9 Income Tax E-Return 4.6.10 Exceptions Reports Conclusion Key Takeaways Shortcut Keys Practice Exercises | |
| Key Answers for Practice Exercises |