Tally Prime 7 with AI Automation

Revised & Updated Rel 7.1
This book is complete guide for self study and Training Courses on Tally PRIME 7. It describes complete workflow cycles, right from Company Creation, Masters Creation, Voucher Entry and Reports, covering Financial Accounting, Inventory & Invoicing, GST, TDS & Payroll, explaining the operational steps and Configuration set up at each stage.

Scan the QR Code of each Chapter, to access digital resources on the web, containing additional learning materials.

PART 1: New Features of Tally 7.1
Latest additions in Tally Prime Release 7.1, incorporating AI enhanced features like, Smart Find, Data Auto Back Up & Restore, Data Migration, Connected Banking, Bharat Connect, GST IMS, Automated Data Input & Sales Invoice enhancements.

PART 2: Tally Prime Accounting System Operations
Tally Overview & Implementation
Computerised Accounting system, Overview of Tally Software Features & Limitations, Implementation of Tally Accounting System.
Financial Accounting
Company Creation, Gateway of Tally, Account Masters, Accounts Vouchers, Reports Display, Printing and Sharing, Data Management. Cash / Bank Book, Journal Book, Ledger Book, Trial Balance, P L Statement, Balance Sheet, Ratio Analysis, Dash Board.
Invoicing & Inventory Accounting
Inventory Set Up, Inventory Masters, Inventory Vouchers, Invoicing, Point of Sales, Inventory Reports.
Goods & Services Tax (GST)
Company GST Set Up, GST Masters Set Up, GST related Vouchers, GST Reconciliation, GST Reports, GST Statutory Returns, GST Statutory Returns.
Tax Deducted at Source (TDS) Accounting
Company TDS Set up, TDS Ledger Accounts creation. TDS set up in Account Ledgers Masters, TDS related Vouchers, TDS Challan, TDS Reports. TDS Statutory Returns.
Payroll Accounting
Company Payroll Set Up. Pay Heads. Employee Group. Employee Category. Employee Profile, Attendance Heads, Attendance Voucher, Payroll Voucher, Payroll Voucher Auto Fill, Pay Slip, Pay Sheet, Payroll Statement, Payroll Breakup Reports.

PART 3: AI Empowered Tally
Computerised Accounting Systems Security vulnerabilities, TARA - Conversational AI Chatbot in Tally, AI Empowered Automated Data Input eliminating Manual Entry
Docs by IRA - AI Empowered Data Input in Tally Prime 7, SUVIT for Tally, Luca GPT for Tally Prime, Vyapar Tax One for Tally Prime.

WHAT YOU WILL LEARN
This book is a complete rewrite exploring the all new Tally Prime. Book covers all important features, covering all the four areas, viz, Financial Accounting, Invoicing & Inventory, Tax Accounting & Payroll Accounting.

WHO THIS BOOK IS FOR
The book is intended for anyone who wants to learn to perform complete Accounting work with Tally in Business Organisation.

1. Part 1: Tally Prime 7 New Features
2. Part 2: Tally Prime 7 - System Snapshot
3. Part 3: Basic Financial Accounting
4. Part 4: Basic Invoicing & Inventory
5. Part 5: Basic GST Accounting
6. Part 6: Basic TDS Accounting
7. Part 7: Basic Payroll Accounting System
8. Part 8: Future AI Roadmap of Accounting
9. Part 9: Automation in Accounting

Asok K Nadhani is Professional Accountant & Business Software Consultant with 40 years’ experience, and creator of dVidya.com, an Education website. He has authored 30+ Books on Accounting Systems, Undergraduate Commerce Courses, numerous Educational blogs & Video Tutorials on UG Level courses. He is currently working on AI Automation in Accounting systems.