accounting

Tally Prime: Complete Guide for Beginners

Learn Tally Prime from scratch. This comprehensive guide covers creating companies, voucher entry, inventory management, and GST integration.

Alok K Acharya & Associates
1 February 2025·Updated 31 August 20261 min read
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Tally Prime: Complete Guide for Beginners#

Introduction to Tally Prime#

Tally Prime is the latest version of India's popular accounting software used by millions of businesses for bookkeeping and financial management.

Getting Started with Tally Prime#

Creating a Company#

  1. Open Tally Prime
  2. Press Alt+C to create new company
  3. Enter company details:
    • Company Name
    • Financial Year
    • Country & State
    • Currency

Basic Configuration#

  • Enable GST
  • Set inventory details
  • Configure voucher types

Voucher Entry in Tally#

Types of Vouchers#

  • Receipt Voucher
  • Payment Voucher
  • Sales Voucher
  • Purchase Voucher
  • Journal Voucher

GST Integration#

Tally Prime seamlessly integrates with GST for:

  • Auto-calculation of GST
  • GSTR-1 data export
  • E-way bill generation

Reports in Tally#

  • Day Book
  • Ledger
  • Trial Balance
  • Balance Sheet
  • Profit & Loss Account

Conclusion#

Tally Prime is essential for businesses to maintain accurate financial records and comply with GST requirements.

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