Gain expertise in GST, TCS, and advanced financial controls for business operations in Tally.

Tally Biz Pro Advanced GST, TCS, and Financial Management
Course Features:
  • Language: English
  • list-box-outline Track: Financial Accounting
  • Duration: 30 hours
  • layers-outline Level: Advanced
  • Learning Mode: Learn at ALC or Learn at Home
  • Jurisdiction: Maharashtra
  • Certificate of Completion

Eligibility
  • Learner should preferably a std. 10th Pass student (Not Compulsory)
  • It is desirable that Learner should have done MS-CIT Course (Not Compulsory)

Introduction

  • In this course, you will learn to:
  • Define the concept of Electronic Cash Ledger and explain its use in GST compliance
  • Summarize the process of creating and managing E-Credit and E-Liability Ledgers in GST
  • Explain the Composition Scheme under GST and identify its application for composite dealers
  • Compare TDS and TCS under GST and differentiate their applicability
  • Categorize the different TCS-related setups in Tally, including debtor and inventory master configurations
  • Diagnose the process of multiple branch GSTIN management and configure GST ledgers accordingly
  • Identify the steps involved in managing Advance GST scenarios, including statutory balance adjustments
  • Organize the setup and configuration of Price Levels in Tally for various types of outward supplies
  • Summarize the Job Work in Order process in Tally and explain how to generate related inventory reports
  • Differentiate between Job Work in Order and Job Work Out Order processes in Tally
  • Explain the concept of Budget and Scenario Management in Tally and create budget reports
  • Examine the Job Costing setup in Tally and analyze job costing transactions and reports
  • Define Item Cost Tracking in Tally and identify the steps for tracking purchase and expense transactions

What you'll learn ?

  • At the end of this course, learners will be able to:
  • Interpret the process of managing Electronic Cash Ledger and E-Cash Ledger Statements
  • Illustrate the setup and use of E-Credit Ledger and E-Liability Ledger in GST compliance
  • Review the steps involved in GST Liability and ITC comparison for accurate financial reporting
  • Examine the composition scheme under GST and its application for composite dealers
  • Assess the setup of Party Ledger, Income & Expense Master, and Duty Ledger for composite dealers
  • Compare TDS and TCS, and appraise their applicability in different scenarios
  • Design the setup of TCS-related configurations in Tally, including debtor and inventory masters
  • Verify the GST, TDS, and TCS return processes through case study analysis and reporting
  • Develop a multi-branch GST management strategy by configuring multiple GSTINs in Tally
  • Construct scenarios for managing advanced GST cases, including statutory balances and slab rates
  • Modify and prepare price levels in Tally for different types of outward supplies and analyze price lists
  • Create and manage Job Work in Order and Out Order processes in Tally, including material handling
  • Formulate budget and scenario management strategies in Tally, including variance reporting
  • Develop and appraise job costing and item cost tracking processes to enhance financial accuracy

Certification

  • KLiC courses are recognised by Yashwantrao Chavan Maharashtra Open University (YCMOU).
  • MKCL provides certificate to the KLiC learner after his/her successful course completion.
  • Yashwantrao Chavan Maharashtra Open University (YCMOU) provides mark sheet to successfully passed KLiC learners (Jurisdiction: Maharashtra).

Academic Approach

The academic approach of the courses focuses on the “work-centric” education i.e. begin with work (and not from a book!), derive knowledge from work and apply that knowledge to make the work more wholesome, useful and delightful. The ultimate objective is to empower the Learner to engage in socially useful and productive work. It aims at leading the learner to his/her rewarding career as an employee or entrepreneur as well as development of the community to which s/he belongs. Learning methodology:

  • Step -1: Learners are given an overview of the course and its connection to life and work.
  • Step -2: Learners are exposed to the specific tool(s) used in the course through the various real-life applications of the tool(s).
  • Step -3: Learners are acquainted with the careers and the hierarchy of roles they can perform at workplaces after attaining increasing levels of mastery over the tool(s).
  • Step -4: Learners are acquainted with the architecture of the tool or tool map so as to appreciate various parts of the tool, their functions, utility and inter-relations.
  • Step -5: Learners are exposed to simple application development methodology by using the tool at the beginner’s level.
  • Step -6: Learners perform the differential skills related to the use of the tool to improve the given ready-made industry-standard outputs.
  • Step -7: Learners are engaged in appreciation of real-life case studies developed by the experts.
  • Step -8: Learners are encouraged to proceed from appreciation to imitation of the experts.
  • Step -9: After the imitation experience, they are required to improve the expert’s outputs so that they proceed from mere imitation to emulation.
  • Step-10: Emulation is taken a level further from working with differential skills towards the visualization and creation of a complete output according to the requirements provided. (Long Assignments)
  • Step-11: Understanding the requirements, communicating one’s own thoughts and presenting are important skills required in facing an interview for securing a work order/job. For instilling these skills, learners are presented with various subject-specific technical as well as HR-oriented questions and encouraged to answer them.
  • Step-12: Finally, they develop the integral skills involving optimal methods and best practices to produce useful outputs right from scratch, publish them in their ePortfolio and thereby proceed from emulation to self-expression, from self-expression to self-confidence and from self-confidence to self-reliance and self-esteem!

Syllabus

  • Electronic Cash Ledger
  • Electronic Cash Ledger Statement
  • E-Cash Ledger PMT-09
  • What is E-Credit Ledger
  • E-Credit Ledger Statement
  • What is E-Liability Ledger
  • E-Liability Ledger Statement
  • GST Liability & ITC Comparison
  • GST Annual Return
  • GST Annual Return Overview
  • DRC-03 Challan
  • Application of Refund
  • Composition Scheme under GST
  • Data Setup - Composition
  • Party Ledger Master Setup - Composition
  • Income & Expense Master Setup - Composition
  • Duty Ledger Master Setup - Composition
  • Inventory Master Setup - Composition
  • Intrastate Inward Supply - Goods
  • Interstate Inward Supply - Goods
  • RCM Inward Supply - Service
  • Intrastate Outward Supply
  • GST Return Report - Composition
  • Payment of GST Liability
  • What is TCS?
  • Applicability of TCS
  • TDS Vs TCS
  • TCS Data Setup in Tally
  • TCS Nature of Goods
  • TCS Debtor Master Configuration
  • TCS Inventory Master Setup
  • TCS Duty Master Setup
  • TCS Outward Supply – B2B
  • TCS Outward Supply – B2C
  • TCS 27EQ Return Report
  • TCS Challan Payment
  • TCS Related Report
  • Case Study Data Setup
  • TDS Nature of Payment & TCS Nature of Goods Setup
  • Expense & Inventory Master Setup
  • GST, TDS & TCS Duty Master Setup
  • Intrastate Inward Supply - GST & TDS
  • Interstate Outward Supply - GST & TCS
  • TCS Return Report & Payment
  • TDS Return Report & Payment
  • GST ITC Adjustment
  • GST Return Report & Payment
  • What is multi branch GSTIN?
  • Data Setup with Multi GST Registration
  • Voucher Series for Multi GSTIN
  • GST Ledger Configuration for Multi GSTIN
  • Intrastate Inward Supply - MH
  • Interstate Inward Supply - RJ
  • Interstate Outward Supply - MH
  • Intrastate Outward Supply - RJ
  • GST Return Report for multi GSTIN
  • GST ITC Adjustment - Multi GSTIN
  • GST Liability Payment - Multi GSTIN
  • Advance GST - Other Cases
  • Case Study Data Setup
  • Statutory Opening Balances
  • Payment & Adjustment of Opening Statutory Balances
  • GST Slab Rate - Outward Supply
  • Inclusive GST Outward Supply
  • GST ITC on Remittance Charges
  • Supply Under Section 7 of IGST Act
  • Purchase from Composite Dealer
  • GST ITC Utilization
  • Liability Payment
  • Statutory Related Report in Tally
  • Price Level & Price List in Tally
  • Data Configuration Price Level
  • Price Level Setup
  • Inventory Master Setup
  • Defining Price List
  • Price Level Setup at Party Master
  • Outward Supply - Wholesale
  • Outward Supply - Retail
  • Outward Supply - Consumer
  • Overriding Price Level
  • Price List Report
  • Revision of Price List
  • Introduction & Objective of Session
  • What is Job Work in Order?
  • Job Work in Order Process in Tally
  • Job Work Data Setup in Tally
  • Job Work Master Setup
  • Job Work in Order
  • Material In Voucher
  • Material Transfer Voucher
  • Production Voucher
  • Material Out Voucher
  • Job Order Inventory Report
  • Job Work in Order Report
  • What is Job Work Out Order?
  • Job Work Out Order Process in Tally
  • Job Work Data Setup in Tally
  • Job Work Master Setup
  • Job Work Out Order
  • Material Out Voucher 1
  • Material Out Voucher 2
  • Material In Voucher
  • Job Order Inventory Report
  • Job Work in Order Report
  • What is budget & Types of Budgets in Tally
  • Budget Creation & Data Setup
  • Accounting Group Budget
  • Accounting Ledger Budget
  • Cost Centre Budget
  • What is Scenario Management
  • Scenario Setup
  • Transaction under Budget & Scenario
  • Budget & Variance Report
  • Scenario Management Report
  • What is Job Costing
  • Job Costing Data Setup
  • Job Costing Master Setup
  • Creation of Job Costing
  • Job Costing Expense Transaction
  • Job Costing Income Transaction
  • Job Costing Other Transaction
  • Job Costing Report
  • Job Costing Related Report
  • What is Item Cost Tracking
  • Item Cost Tracking Data Setup
  • Item Cost Tracking Master Setup
  • Item Cost Tracking Purchase 1
  • Item Cost Tracking Purchase 2
  • Item Cost Tracking Expense 1
  • Item Cost Tracking Expense 2
  • Stock Item Analysis Report
  • Movement Analysis Report
  • Stock Query Report
  • What is Re-Orde Level
  • Use & Benefits of Re-Order Level
  • Types of Re-Order Level in Tally
  • Re-Order Level Data Setup in Tally
  • Re-Order Level Master Configuration
  • Simple Re-Order Level Setup
  • Re-Order Level SO
  • Re-Order Level PO
  • Re-Order Level Purchase
  • Re-Order Level Sales
  • Re-Order Level Stock Consumption
  • Re-Order Level Report
  • What is MSME?
  • MSME Data Setup in Tally
  • MSME Ledger Master Setup
  • MSME Inward Transaction 1
  • MSME Inward Transaction 2
  • MSME Outward Transaction 1
  • MSME Outward Transaction 2
  • MSME Compliance Report
  • MSME Return Report in Tally
  • MSME Other Report in Tally

Evaluation Pattern

Evaluation Pattern of KLiC Courses consists of 4 Sections as per below table:

Section No. Section Name Total Marks Minimum Passing Marks
1 Learning Progression 25 10
2 Internal Assessment 25 10
3 Final Online Examination 50 20
Total 100 40
4 SUPWs (Socially Useful and Productive Work in form of Assignments) 5 Assignments 2 Assignments to be Completed & Uploaded
YCMOU Mark Sheet

Printed Mark Sheet will be issued by YCMOU on successful completion of Section 1, Section 2 and Section 3 and will be delivered to the learner by MKCL.
YCMOU Mark Sheet will be available only for Maharashtra jurisdiction learners

MKCL's KLiC Certificate

The certificate will be provided to the learner who will satisfy the below criteria:

  1. Learners who have successfully completed above mentioned 3 Sections i.e. Section 1, Section 2 and Section 3
  2. Additionally, learner should have completed Section 4 (i.e. Section 4 will comprise of SUPWs i.e. Socially Useful and Productive Work in form of Assignments)
    • Learner has to complete and upload minimum 2 out of 5 Assignments

Courses Fee Structure from 01 July, 2025 Onwards

KLiC 30 hour course fee applicable from 01 July, 2025 all over Maharashtra

KLiC Course Duration MFO
(Inclusive of GST)
ALC Share
(Service Charges to be collected by ALC)
30 hours Rs. 300/- Rs. 1,500/-
Important Points:
* Above mentioned fee is applicable for all Modes of KLiC Courses offered at Authorised Learning Center (ALC) and at Satellite Center
* Total fee is including of Course fees, Examination fees and Certification fees
* MKCL reserves the right to modify the Fee anytime without any prior notice