1. Accounting Fundamentals & Company Setup

Golden Rules of Accounting: Mastering debit and credit systems, accounting principles, and financial terms.

Company Administration: Creating, altering, deleting, blocking, shutting, and selecting a company profile.

Features & Configurations: Managing settings using the F11 Features and F12 Configuration menus.

Chart of Accounts: Creating, updating, and grouping individual business ledger accounts. 

2. Day-to-Day Voucher Processing

Accounting Vouchers: Recording multi-mode transactions using Contra (F4), Payment (F5), Receipt (F6), and Journal (F7) entry forms.

Commercial Invoicing: Issuing Sales (F8) and Purchase (F9) entries along with

automated invoice customizations.

Adjustment Records: Managing accounts returns using Credit Notes and Debit Notes.

Bill-wise Details: Maintaining outstanding balances, credit periods, and bill allocation methods (New Ref, Agst Ref, Advance, On Account). 

3. Inventory Management

Stock Inventory Tracking: Creating stock items, custom groups, and units of measurement.

Warehouse & Godown Control: Establishing multiple storage locations and managing stock batch-wise with expiry details.

Order Processing: Handling complete purchase and sales cycles via Purchase/Sales orders, Delivery Notes, and Receipt Notes.

Manufacturing Processes: Creating a Bill of Materials (BOM) and managing stock transfers using the Manufacturing Journal.

4. Advanced Accounting Features

Cost Centres & Categories: Tracking internal department allocations, expense flows, and revenue splits.

Banking Operations: Automating manual bank reconciliation statements (BRS), cheque printing configurations, and e-payment setups.

Budgets & Controls: Creating company budgets, setting credit limits for parties, and executing interest calculations. 

5. Statutory Taxation (GST & TDS)

GST Activation: Configuring Central GST (CGST), State GST (SGST), Integrated GST (IGST), and setting tax rates.

GST Transactions: Updating HSN/SAC codes, processing reverse charge mechanisms (RCM), and logging advance receipts.

Tax Returns Filing: Generating direct diagnostic filing formats for GSTR-1, GSTR-3B, and GSTR-2 reconciliations.

TDS & TCS Processing: Enabling Tax Deducted at Source, creating statutory masters, recording deductions, and extracting TDS challans. 

6. Payroll Management (Optional Advanced Module)

Employee Masters: Creating internal organizational structures, departments, and individual employee files.

Salary Architecture: Setting up specific earning/deduction Pay Heads, attendance tracking parameters, and basic payroll units.

Statutory Deductions: Auto-calculating Provident Fund (PF), Employee State Insurance (ESI), and Professional Tax regimes. 

7. MIS Reports & Data Management

Financial Reporting Analysis: Generating live Trial Balances, Profit & Loss statements, Balance Sheets, and Ratio Analysis tools.

Data Utilities: Executing secure localized data backup and restore paths, importing/exporting files, and migrating legacy Tally ERP 9 folders.

Administrative Controls: Utilizing the Tally Vault, establishing distinct multi-user security levels, and executing Tally Audits.