The document discusses computerized accounting systems, emphasizing their role in processing financial transactions according to GAAP and producing user-defined reports. It outlines the advantages such as error-free accounting and efficiency, along with disadvantages like data corruption and system failures. Additionally, it focuses on Tally ERP 9, its features, and various types of vouchers used in accounting transactions.

1. Computerised Accounting
Prepared by
Sushil B. Bansode

2. Introduction
• A computerised accounting system is an accounting
information system that processes the financial
transactions and events as per Generally Accepted
Accounting Principles (GAAP) to produce reports as
per user requirements.
• In a computerized accounting system, the framework of
storage and processing of data is called the operating
environment that consists of hardware as well as
software in which the accounting system.
• Computerized accounting is the new age method of
gathering, recording, and maintaining the financial
information of a business or an organization.

3. Advantages
• Error-Free Accounting
• Less Manpower
• Consistency in Records
• Automation
• Time Efficient
• Accessibility
• Security

4. Disadvantages
• Data Corruption
• Unemployment
• System Failure
• Incorrect Data Input
• Skilled Staff

5. Accounting Software
• Accounting software helps to recording and reporting
of repetitive activities like purchasing, selling, stocking
of goods and paying of salaries etc. managing of
voluminous information and quick retrieval of data.
• Accounting software are useful in preparing journals to
final accounts and accounting statements.
• Some of the accounting software
Word processor
Electronic Spreadsheet
Tally ERP 9

6. Tally ERP 9
( Tally Enterprises Resources Planning )
• Tally is an ERP accounting software package used for recording day to day business
data of a company.
• Tally Solutions Pvt. Ltd. is an Indian multinational technology company, that
provides enterprise resource planning software to organizations.
• Tally Founded in year 1986.
• Founder: Shyam Sunder Goenka, Bharat Goenka.
• Headquarter: Bangalore (Karnataka).
• Products: TallyPrime Tally.ERP 9, Tally.Server 9, Tally.Developer 9 and Shoper 9
• The latest version of Tally is Tally ERP 9.
• Website: www.tallysolutions.com

7. Tally ERP 9 Screen

8. Company Creation

9. Gateway of Tally

10. Features of Tally
• User Friendly
• Provide Instant Results
• Codeless package
• Flexible accounting package
• It can be use any operating system (Windows, Apple, Macintosh etc.)
• Following options provided
– Accounting with inventory
– Accounting only
– Inventory system only
• Highly secured against data tempering
• Multiple currency and foreign exchange option is provided
• Tally audit feature
• Backup and restore facility
• Tally can record maintain various ledgers, It can prepare trial balance, it
can also prepare final account
• Cash flow and fund flow statement

11. Voucher
• Voucher means any original document which is used as
an evidence of the entries made in the books of
accounts like invoice, suppliers bill, receipts, counter
foil, pay in slip etc.
• Types of voucher
– Contra
– Payment
– Receipt
– Debit note
– Credit note
– Sales Voucher
– Purchase Voucher
– Journal or accrual voucher

12. Contra Voucher (F4)
• This voucher is prepared where a transaction relates to
cash and bank e.g. cash deposit into bank or cash
withdrawn from bank. Thus in this transaction cash is
debited or credited and bank account is credited or
debited.
• Example
– Cash Deposit into bank
– Cash withdrawal from bank
– Cheque deposit into bank
– Cheque receive from bank

13. Payment Voucher (F5)
• All transactions related to payment either in cash or by
cheque are recorded in payment voucher. Such
payments may be in respect of purchase of goods or
purchase of assets, payment of expenses, payment of
creditors or payment of loan and advances.
• Example
– Salary paid
– Wages paid to Mohan
– Cash paid to Shyam
– Rent Paid

14. Receipt Voucher (F6)
• All receipt of money either in cash or by cheque are
recorded through receipt voucher such receipt may be
towards any income such as sales, interest, form
debtors or loans etc.
• Example
– Cash receive from Amit
– Rent Receive
– Commission receive

15. Activate Debit Note and Credit Note

16. Debit Note Voucher (Ctrl +F9)
• Generally it debit note is prepared when you return
goods or supplier has granted credit to us on account of
rate difference discount etc.
• Example
– Purchase return

17. Credit Note Voucher (Ctrl+F8)
• A credit note is generally issued when a purchaser
return goods to us out of goods sold to him or to if you
grant him credit due to rate differences or discount /
rebate or due to some reason you want to square off a
debit balance.
• Example
– Sales return

18. Sales Voucher (F8)
• Any sales whether goods or services are entered in the
sales voucher.
• Example
– Sales of goods worth Rs. 1500
– Sales furniture to Ram
– Sales of machinery to Ram for cash
– Sales of good to Sanju

19. Purchase Voucher (F9)
• Any purchase transaction in respect of goods or
services is recorded in purchase voucher.
• Example
– Goods purchase
– Furniture Purchase

20. Journal voucher (F7)
• Journal voucher is an adjustment voucher, used for non
cash transaction like adjustments for oustsanding
income, outstanding expenses, provision for liabilities,
provided to be made etc.
• Example
– Drawing , charity of goods, donations
– Goods distributed as free sample
– Loss by fire / loss by theft
– Any adjustment entry

21. Tally Generate Report
• Balance sheet
• Statement of Profit and loss
• Cash flow and fund flow statement
• Ratio analysis report
• Trial balance report
• Day book report
• Outstanding report
• Stock summery report
• Tax report : GST report / VAT report
• E- Way bill report

22. Thank You…