Tally Institute in kirari – RKCE INSTITUTE

Best Tally Prime Institute in Kirari

RKCE Institute in Kirari, Delhi, offers one of the most sought-after Tally Prime training programs for job seekers today. Our course covers the fundamentals of accounting software, record keeping, accounts receivable, accounts payable, and many other essential skills that will help you secure a promising job.

What is Tally ?

Tally is an accounting software widely used by small and medium-sized businesses to manage financial and business operations. It helps in tasks like accounting, inventory management, payroll, tax management, invoicing, banking, and much more.

Tally is especially known for simplifying the complex process of financial management by automating key functions, such as generating financial statements (like profit and loss, balance sheets), tracking receivables and payables, and complying with GST and other tax regulations.With its invoicing and billing features, Tally helps businesses generate professional invoices and manage customer and vendor transactions effectively.

Features of Tally

Popular Courses in Tally

TDS using Tally

A Complete Guide On Tax Deducted at Source (TDS)

TDS (Tax Deducted at Source) in Tally is a valuable feature for businesses to manage tax compliance efficiently. In Tally, users can record, calculate, and deduct TDS on payments seamlessly, ensuring all transactions adhere to tax regulations. The system automates TDS calculations based on predefined rates, minimizes errors, and provides accurate, real-time reports. This helps small businesses, like those in Parah, simplify tax deductions on payments to vendors and contractors, streamlining compliance and reducing the workload associated with manual tax calculations. With Tally, users can stay organized, making TDS management less time-consuming and more efficient.

What You Will Learn

Course Content

TDS (Tax Deducted at Source) is a tax collected at the time of making specific payments, such as to contractors or professionals, to ensure timely tax collection. It reduces the tax burden at the end of the year and promotes regular tax compliance.

Module 1 : Introduction ot TDS

This module covers Fundamentals of TDS and Introducing Capital to Business.

Module 2 : Configuring TDS at Different Levels

This module covers topics including how to activate TDS, Creation of TDS Masters and defining TDS at Group and Ledger.

Module 3 : Basic TDS Transaction

This module elaborates Booking of Expenses and Deducting TDS on Multiple Expenses.

Module 4 : Advance TDS Transaction Part-A

This module covers Booking Advanced Expenses and Reversal of Expenses.

Module 5 : Advance TDS Transaction Part-B

This module covers TDS on Works Contract attracting GST and TDS on Interest Paid.

Module 6 : TDS Payment to Department

This module covers Basic TDS Transactions, TDS Payment to Government, and other such transactions.

Module 7 : TDS Reports

This module covers Generating TDS Challan and Generating TDS Reports.

GST using Tally PRIME

A Complete Guide On Good and Service Tax (GST)

Goods and Services Tax (GST) is a comprehensive, multi-stage tax on the supply of goods and services in India, designed to simplify the tax structure by unifying various indirect taxes into a single tax. It operates on a destination-based model, meaning the tax is collected where goods or services are consumed, rather than where they are produced. GST is categorized into CGST, SGST, and IGST, based on intra-state and inter-state transactions. This system enhances transparency, reduces the cascading effect of taxes, and promotes ease of doing business by standardizing tax rates across the country.

What You Will Learn

Course Content

Tally Prime simplifies GST compliance by automating tax calculations, return filing, and invoice generation, making it easy for businesses to manage GST seamlessly and accurately.

Module 1 : Introduction to Good and Service Tax (GST)

This module covers an Introduction to GST, e-Way Bill, GST e-Invoicing, GST in TallyPrime, Hierarchy of Calculating Tax in Transactions, Recording GST compliant transactions, e-Way Bill Reports in Tally Prime, Input Tax Credit Set Off against Liability, GST Tax Payment, Generating GST Returns for Regular Dealer in TallyPrime, Filing GST Returns in TallyPrime, Generating e-Invoice in TallyPrime, Quarterly Return Monthly Payment Scheme, Composition Dealer under GST Regime, Introduction to e-Invoice Sandbox experience, Connected and Complete e-Way bill System in Tally Prime.

Module 2 : Advance Good And Service Tax(GST)

GST e-Invoicing, Recording GST compliant transactions such as Intrastate Supply of Goods & Services, Interstate Supply of Goods, Purchases from Unregistered Dealer, Purchases from Composition Dealer, Accounting Mixed Supply and Composite Supply, Supply of Exempted/Nil-rated Goods, Supply of Goods to Special Economic Zone (SEZ), Supply of Goods to Other Territory, Supply of Goods to Unregistered Dealer, Reverse Charge Mechanism under GST, Export of Goods, Advance Receipt, Generating e-Invoice Report, Generating e-Way Bill Report, Input Tax Credit Set Off against Liability, GST Tax Payment, Reversal of Input Tax Credit, Generating and e-Filing GST Returns in Tally Prime.

GST Simulation

GST (Goods and Services Tax) simulation is a practical and interactive training tool that replicates the processes and calculations involved in GST transactions. This is designed to empower our learners with real-time practice and expertise in GST management (GST returns, generating e-Way bill, and e-Invoicing)

Tally Professional

A Complete Guide on Advance Business Acounting and Indian Taxation

Advanced Business Accounting and Indian Taxation is an essential resource for businesses aiming to navigate complex financial and tax landscapes. This guide delves into sophisticated accounting practices like cost accounting, budget forecasting, financial analysis, and auditing, which are crucial for maintaining robust financial health. It also provides comprehensive knowledge on Indian taxation laws, including GST, Income Tax, TDS, and other statutory requirements, offering insights into calculating liabilities, filing returns, and availing tax benefits. With a focus on compliance and accuracy, this guide aids businesses in optimizing cash flow, minimizing tax risks, and making informed decisions for sustainable growth and profitability.