Course Description
UPDATED JOB-ORIENTED COURSE 2026
FACT – Financial Accounting with TallyPrime
Learn practical accounting, GST, inventory, banking, payroll, TDS/TCS and business reporting with the latest available version of TallyPrime.
6 Months
10th Pass or Above
Theory + Practical
Certificate Course
₹
Practical Accounting Training
Business-based assignments, GST practice and a complete final project.
Course Overview
Build Real-World Accounting Skills
FACT (Financial Accounting with TallyPrime) is a six-month job-oriented certificate course designed to develop practical skills in manual accounting, computerised accounting, GST, inventory management, banking, payroll and business reporting.
Students learn how to maintain day-to-day business accounts, create GST-compliant invoices, manage stock, record banking transactions, prepare financial reports and use modern TallyPrime features. Regular exercises and a complete business-accounting project prepare students for entry-level accounting and billing work.
Course Details
ELIGIBILITY
10th Pass or Above
SOFTWARE
Latest TallyPrime + MS Excel
TRAINING
Theory, Practical & Project
Latest Software Training: Classes will be conducted on the latest available version of TallyPrime. Tally.ERP 9 will be discussed only for legacy-data understanding and migration to TallyPrime.
Complete Curriculum
FACT Course Syllabus
A step-by-step curriculum covering accounting basics, taxation, business operations and workplace-ready practical skills.
01
MODULE 1
Fundamentals of Accounting
- Meaning, objectives and importance of accounting
- Bookkeeping and accounting concepts
- Assets, liabilities, capital, revenue and expenses
- Debtors, creditors, purchases and sales
- Accounting equation and types of accounts
- Golden rules of debit and credit
- Bills, invoices, receipts, vouchers and debit/credit notes
02
MODULE 2
Manual Accounting & Final Accounts
- Double-entry system and Journal Entries
- Ledger posting and balancing
- Cash Book and Petty Cash Book
- Purchase, Sales and Return Books
- Trial Balance and accounting adjustments
- Trading Account and Profit & Loss Account
- Balance Sheet, depreciation and basic BRS
03
MODULE 3
Introduction to TallyPrime
- Introduction to computerised accounting
- TallyPrime interface, menus and navigation
- Installation and initial configuration overview
- Create, select, alter, shut and delete a company
- Financial year, books beginning date and currency
- Company features, configuration and shortcuts
- Tally.ERP 9 to TallyPrime migration overview
04
MODULE 4
Accounting Masters in TallyPrime
- Predefined groups and group classification
- Creating, altering and displaying groups
- Creating and maintaining ledgers
- Single and multiple master creation
- Opening balances and bill-wise details
- Voucher types and voucher numbering
- Cost centres and cost categories overview
05
MODULE 5
Accounting Voucher Entries
- Contra, Payment, Receipt and Journal Vouchers
- Purchase and Sales Vouchers
- Debit Note and Credit Note
- Cash, credit, purchase-return and sales-return entries
- Discount, freight and additional charges
- Advance receipts and payments
- Optional, post-dated and recurring vouchers
06
MODULE 6
Banking & Bank Reconciliation
- Bank ledgers and bank allocation details
- Cheque receipt, payment and printing
- Bank Reconciliation Statement (BRS)
- Importing bank statements
- Manual and automatic reconciliation
- Bank charges, interest and direct deposits
- e-Payments and Connected Banking overview
07
MODULE 7
Inventory Masters
- Stock groups, categories and stock items
- Units of measurement and opening stock
- Godowns and multiple locations
- Batch-wise details and expiry dates
- Price levels and price lists
- Standard cost and selling price
- Reorder levels and stock valuation methods
08
MODULE 8
Inventory Transactions & Stock Control
- Item Invoice and Accounting Invoice
- Receipt Note and Delivery Note
- Rejection In and Rejection Out
- Stock Journal and Physical Stock Voucher
- Inter-godown stock transfer
- Manufacturing Journal and Bill of Materials overview
- Stock Summary, movement and ageing analysis
09
MODULE 9
Sales, Purchase & Order Management
- Sales Order and Purchase Order
- Linking orders with invoices
- Delivery and receipt tracking
- Bill-wise receivables and payables
- Credit limits and credit periods
- Outstanding and ageing reports
- Sales Register and Purchase Register
10
MODULE 10
GST Fundamentals
- GST concepts, registration types and GSTIN
- CGST, SGST, IGST and Cess
- Intra-state and inter-state supply
- Goods, services and place of supply overview
- HSN/SAC and Input Tax Credit (ITC)
- Taxable, exempt, nil-rated and non-GST supplies
- RCM and Composition Scheme overview
11
MODULE 11
GST Accounting in TallyPrime
- GST company setup and configuration
- GST-ready party, purchase, sales and tax ledgers
- GST rates and HSN/SAC configuration
- Local and interstate purchase/sales
- GST on goods and services
- Returns, discounts, freight and RCM transactions
- GST-compliant invoice printing
12
MODULE 12
GST Reports, Returns & Reconciliation
- GST Computation and exception reports
- GSTR-1 and GSTR-3B preparation workflow
- GSTR-2A and GSTR-2B overview
- Input Tax Credit reconciliation
- Connected GST and GST data exchange
- Invoice Management System (IMS) overview
- Mismatch correction and HSN/SAC validation
13
MODULE 13
e-Invoice & e-Way Bill
- Applicability and setup overview
- IRN generation and QR-code printing
- Bulk e-Invoice generation overview
- Cancellation and correction workflow
- Online and offline e-Way Bill generation
- Part A, Part B, cancellation and extension
- e-Way Bill with e-Invoice and error resolution
- Introduction to TDS and TCS
- Deductor, deductee and nature of payment
- TDS/TCS setup and master creation
- TDS on expenses and purchases
- TCS on sales
- Payment entries and challan reconciliation overview
- Reports and return-preparation overview
15
MODULE 15
Payroll Management
- Payroll accounting fundamentals
- Employee groups and employee masters
- Attendance and production types
- Pay heads and salary structures
- Salary, attendance and overtime entries
- Payslip and payroll reports
- PF, ESI and Professional Tax overview
16
MODULE 16
Advanced Accounting & MIS Reports
- Cost centres and cost categories
- Department and project-wise accounting
- Budgets, controls and scenarios
- Interest calculation and multi-currency overview
- Cash Flow, Fund Flow and Ratio Analysis
- Receivables and payables management
- P&L, Balance Sheet and dashboard analysis
17
MODULE 17
Data Management, Security & Integration
- Backup, restore and data verification
- Splitting data by financial year
- User access, passwords and security control
- TallyVault and Edit Log overview
- Importing masters and transactions from Excel
- Exporting and sharing business reports
- Data safety and basic troubleshooting
18
MODULE 18
Microsoft Excel for Accounting & MIS
- Creating and formatting accounting worksheets
- SUM, IF, SUMIFS, COUNTIFS and other essential formulas
- VLOOKUP and XLOOKUP overview
- Sorting, filtering and data validation
- Conditional formatting and date functions
- PivotTables, PivotCharts and basic MIS dashboards
- Excel and TallyPrime data exchange
19
FINAL MODULE
Practical Business Accounting Project
Complete the accounts of a model business from opening balances to final reports.
✓ Create and configure a business company
✓ Create accounting and inventory masters
✓ Enter one complete month of transactions
✓ Record GST, banking and adjustment entries
✓ Prepare GST and outstanding reports
✓ Generate Trial Balance, P&L and Balance Sheet
✓ Back up and export completed company data
✓ Practical assessment and viva
Learning Outcomes
Skills You Will Learn
✓ Maintain manual and computerised accounts
✓ Record daily transactions in TallyPrime
✓ Create GST-compliant invoices and reports
✓ Manage stock, orders and outstanding bills
✓ Work with banking, TDS/TCS and payroll
✓ Prepare Excel-based accounting MIS reports
Career Scope
Career Opportunities
Junior Accountant
Accounts Assistant
Tally Operator
Billing Executive
Inventory Assistant
GST Accounts Assistant
Payroll Assistant
Back-Office Executive
Admissions Open
Start Your Accounting Career with FACT
Join SUCCESS POINT COMPUTER for practical, structured and career-focused accounting training.
Course content may be updated according to changes in TallyPrime, taxation rules and industry requirements.
Course Syllabus
Fundamentals of Accounting
Manual Accounting and Final Accounts
Introduction to TallyPrime
Accounting Masters in TallyPrime
Accounting Voucher Entries
Banking and Bank Reconciliation
Inventory Masters
Inventory Transactions and Stock Control
Sales, Purchase and Order Management
GST Fundamentals
GST Accounting in TallyPrime
GST Reports, Returns and Reconciliation
e-Invoice and e-Way Bill
TDS and TCS
Payroll Management
Advanced Accounting and Management Reports
Data Management, Security and Integration
Microsoft Excel for Accounting and MIS
Practical Business Accounting Project
