Phase 1: Fundamental Accounting Concepts (Weeks 1–2)
- Introduction to Accounting: Double-entry system, accounting rules, financial years, and accounting cycles.
- Basic Terminology: Assets, liabilities, capital, revenue, expenses, debtors, creditors, and depreciation.
- Source Documents: Cash memos, invoices, receipts, vouchers, and debit/credit notes.
- Journal Entries: Analyzing transactions, identifying accounts, and recording standard journal entries.
- Ledger Posting: Posting transactions to ledgers, balancing accounts, and preparing a Trial Balance.
Phase 2: Tally Essentials & Core Setup (Weeks 3–4)
- Company Management: Creating, altering, closing, deleting, and securing companies in Tally.
- Chart of Accounts: Creating accounting groups, primary ledgers, and reserved groups.
- Voucher Entry: Recording transactions using Receipt, Payment, Contra, Journal, Sales, and Purchase vouchers.
- Banking Modules: Cheque printing setup, automated bank reconciliation, and deposit slip management.
- Basic Reports: Generating and reading Trial Balance, Profit & Loss Account, and Balance Sheets.
Phase 3: Inventory & Order Management (Weeks 5–6)
- Inventory Master: Creating stock groups, categories, units of measure, and godowns (warehouses).
- Inventory Vouchers: Stock journal, physical stock verification, and material in/out notes.
- Order Processing: Raising purchase orders, sales orders, delivery notes, and rejections.
- Advanced Inventory: Tracking batches, managing expiry dates, and executing manufacturing journals (Bill of Materials).
- Price Management: Defining multiple price lists and configuring trade discounts.
Phase 4: Advanced Features & Business Utilities (Weeks 7–8)
- Cost Centres: Setting up cost centres and profit centres for project-wise expense tracking.
- Bill-by-Bill Allocation: Managing outstanding balances, tracking bill references, and calculating overdue interest.
- Credit Management: Enforcing credit limits and credit periods for buyers.
- Data Security: Configuring user roles, access control, and auditing changes via Tally Audit.
- Data Operations: Backing up data, restoring files, exporting reports (Excel/PDF), and data splitting.
Phase 5: Indian Taxation Modules (Weeks 9–10)
- Goods & Services Tax (GST): Activating GST, setting up HSN/SAC codes, and tax rate configuration.
- GST Invoicing: Generating CGST, SGST, IGST sales invoices, and creating credit/debit notes.
- Advanced GST: Reverse Charge Mechanism (RCM), composition schemes, and generating GSTR-1, 2, and 3B reports.
- Tax Deducted at Source (TDS): TDS nature of payments, deduction vouchers, and Form 26Q generation.
Phase 6: Payroll Management & Projects (Weeks 11–12)
- Payroll Masters: Employee groups, pay heads (Basic, HRA, DA), and attendance types.
- Payroll Processing: Generating attendance logs, payroll vouchers, and monthly pay slips.
- Statutory Compliance: Basic overview of PF, ESI, and Professional Tax setup.
- Capstone Project: A live business simulation requiring students to set up a company from scratch and file reports.
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