Beginner's Guide to Tally Prime
1. Introduction to Tally Prime
Tally Prime is a modern accounting software used for financial management, inventory, payroll, GST, and
more. It offers an improved interface over Tally ERP 9 and simplifies day-to-day accounting tasks.
2. Basic Accounting Concepts
Understand the types of accounts (Personal, Real, Nominal), golden rules of accounting, and basic terms like
Assets, Liabilities, Capital, Income, Expense.
3. Installing and Navigating Tally Prime
Learn how to install Tally Prime, create a company, and understand the interface including Gateway of Tally,
GoTo, and the Top Menu.
4. Company Creation and Configuration
Create, alter, or shut a company. Configure features using F11 and settings using F12. Set the correct
financial year and date settings.
5. Chart of Accounts Setup
Create ledgers and groups. Understand default groups and customize voucher types.
6. Voucher Entry (Day-to-Day Transactions)
Master the core vouchers: Payment (F5), Receipt (F6), Contra (F4), Journal (F7), Sales (F8), Purchase (F9),
Debit/Credit Notes.
7. Inventory Management
Set up Stock Groups, Items, and Units. Manage godowns and enter stock vouchers like Delivery Note and
Stock Journal.
Beginner's Guide to Tally Prime
8. GST in Tally Prime
Enable GST, create GST ledgers and compliant invoices, and understand GST reporting and returns.
9. Banking in Tally
Learn Bank Reconciliation, Cheque Management, and e-Payments.
10. Payroll Management
Optional: Set up employee masters, define pay heads, salary structures, and process payroll vouchers.
11. Reports and Analysis
Understand how to generate Trial Balance, Profit & Loss Account, Balance Sheet, GST Reports, and Stock
Summary.
12. Backup, Restore & Security
Backup and restore company data. Configure user roles and security control to protect data.
Tips for Beginners
Practice with sample transactions, watch tutorials, refer to help.tallysolutions.com, and maintain a manual
entry logbook for practice.