Scope of Activity

Scope of Activities for Tally Implementation

Accounting Structure

• Structure of Chart of Accounts
• Structure Cost Center and Category
• Structure of Voucher Types
• Multi-Currency and Forex Entries
• Multi-Currency Reports and Analysis
• Vouchers and Documentation Link Setup
• Scope for Integrated Accounting System
• Budget and Controls
• Process and Sequence for Accounting Entries
• Scope for Mercantile/Accrual method of accounting
• Enabling Basic Accounting Reports
• Enabling Advanced Financial Reports
• Enabling use of Advanced Banking Features
• System controlled methods of Accounting Entries
• Basic Fixed Assets concepts and accounting entries
• Scope of use of Cost Centre in entries and Reports

Inventory Structure

• Structure Stock Item Master Setup
• Structure for Groups & Category
• Structure for Multi Godown and Material movement
• Scope for use of Batch level Inventory
• Process and Sequence for Inventory Entries
• Setup for Job/Project Costing
• Setup for Material Issue and Production Process
• Setup for Semi-finished and Finished Goods
• Process for accounting Additional and Landing cost
• Structure for Job In/Out orders and Material movements
• Structure for BOM for Finished Goods & Semi Finished Goods
• Structure Reorder Level
• Scope for use of Cost Tracking features
• Scope for use of Price Level for Customers
• Enabling to use Standard Inventory Reports
• Enabling to use advanced Inventory Reports

Security Controls

• Users Access and Security Controls
• Data Security Controls
• Tally Network Setup for Local, Remote & Web
• Enabling Secured Data Access to Users
• Enabling Performance Balancing Solutions
• Scheduled Automatic Backup of Tally Data
• Setup for Auto Back-up on Cloud

Payroll

• Structure Employee master
• Setup Pay Heads
• Setup Leave Management
• Automate Payroll process
• Generate Payment Advice, Paysheet and Payslip
• Structure for Tax compliance (PF, ESI, Gratuity & Income Tax)

Statutory and Compliance

• Complete setup for GST accounting
• Complete setup for TDS accounting
• Complete setup for TCS accounting
• Complete setup for PF, ESI, Gratuity & Income Tax for Payroll

Reports and Analysis

• Explore to use of Standard Financial Reports
• Explore to use Advanced Reports for Analysis
• Ledger Analysis and Reports Reconciliation Concepts
• Explore the Concept of Inventory Movement through Reports
• Advanced Costing concepts in Tally
• Integrated (Value and Ratio) Analysis for Accounts and Inventory