–To make a student competent to handle and scientifically analyze the various aspects of his business while he commence a business.
–Understanding of Basic accounting principles
–To impart understanding of computerized accounting
–To learn tally fundamentals of tally
–To understand various transaction processing (accounts & inventory type)
–Learn generating and printing of accounting reports.
–Should be able to scientifically analyze the financial position of a firm.
MODULE III: COMPUTERIZED ACCOUNTING – TALLY
Introduction – Features of Computerized Accounting – Advantages of Computerized Accounting – Limitations of Computerized Accounting – Features of Tally – Need for Tally – Technological Advantages.
MODULE IV: TALLY FUNDAMENTALS AND PROCESSING TRANSACTIONS
Getting functional with Tally – Tally Start-up – Tally screen components -Mouse / Keyboard Conventions – The Tally clock – Switching between Screen Areas – Quitting Tally. Creation / Setting up of a Company in Tally – Creation of a Company. F11: Features – F12: Configure – Master Configuration – Voucher Configuration. Processing Transactions in Tally – Ledgers and Groups – Accounting Vouchers – Contra Voucher – Payment Voucher – Receipt Voucher – Journal Voucher – Sales Invoice. Recording Transactions of Sample Data (Transactions for April -Trial Balance – Backup – Transactions for May – Transactions for June).
MODULE V: GENERATING AND PRINTING OF ACCOUNTING REPORTS
Introduction – Financial Reports in Tally – Balance Sheet – Profit and Loss Account – Account Books – Group Summary – Group Vouchers – List of Accounts.