This document provides instructions on how to create and configure various accounting masters in Tally.ERP9 such as company, ledger accounts, inventory items and units of measurement. It also describes how to enter voucher transactions, generate common reports like trial balance, profit and loss statement, balance sheet, cash flow statement and how to view registers like sales and purchase. Configuring the accounting features and statutory/taxation modules is also briefly outlined.
Physical Stock Voucher is used for recording the actual stock which is verified or counted. It could happen that the Book Stocks and the Physical Stock do not match. It is not unusual that the company finds a discrepancy between actual stock and computer stock figure.
Advanced voucher entry tutorial in Tally ERP 9Accounts Arabia
Describe the purpose of the Tally.ERP 9 Accounting Vouchers Create and alter Accounting Vouchers
Use vouchers to enter Accounting transactions
Describe the use of Non-Accounting Vouchers
Describe the purpose of the Tally.ERP 9 Inventory vouchers
Create and alter Inventory Vouchers
Using vouchers to enter Inventory transactions
In accounting terms, a voucher is a document containing the details of a financial transaction. For
example, a purchase invoice, a sales receipt, a petty cash docket, a bank interest statement, and
so on. For every such transaction made, a voucher is used to enter the details into the ledgers to
update the financial position of the company. This feature of Tally.ERP 9 will be used most often.
Physical Stock Voucher is used for recording the actual stock which is verified or counted. It could happen that the Book Stocks and the Physical Stock do not match. It is not unusual that the company finds a discrepancy between actual stock and computer stock figure.
Advanced voucher entry tutorial in Tally ERP 9Accounts Arabia
Describe the purpose of the Tally.ERP 9 Accounting Vouchers Create and alter Accounting Vouchers
Use vouchers to enter Accounting transactions
Describe the use of Non-Accounting Vouchers
Describe the purpose of the Tally.ERP 9 Inventory vouchers
Create and alter Inventory Vouchers
Using vouchers to enter Inventory transactions
In accounting terms, a voucher is a document containing the details of a financial transaction. For
example, a purchase invoice, a sales receipt, a petty cash docket, a bank interest statement, and
so on. For every such transaction made, a voucher is used to enter the details into the ledgers to
update the financial position of the company. This feature of Tally.ERP 9 will be used most often.
This is the presentation on the project of 'tally.erp9' the way how to understand the idea behind this application. The overall concepts which are spread over Tally.erp9 have disscused in this project. This will also very helpful for currently doing a diploma in Tally.ERP9. i'm sure it will be helpful for you...........
Creating Sales and Purchase vouchers in Tally is extremely easy and simple. They are often referred to as purchase entry in Tally and sales entry in Tally. Learn how to do it in this video by Attitude Academy Yamuna vihar, Delhi.
The cash book is the most important subsidiary book in any business concern. Learn about how to maintain entries in cash book while executing tally erp9 software.
This report was completed during the Fall 2009 Ohio University Business Cluster, it is a report on the overview of AMR and some recommendations for the company
This is the presentation on the project of 'tally.erp9' the way how to understand the idea behind this application. The overall concepts which are spread over Tally.erp9 have disscused in this project. This will also very helpful for currently doing a diploma in Tally.ERP9. i'm sure it will be helpful for you...........
Creating Sales and Purchase vouchers in Tally is extremely easy and simple. They are often referred to as purchase entry in Tally and sales entry in Tally. Learn how to do it in this video by Attitude Academy Yamuna vihar, Delhi.
The cash book is the most important subsidiary book in any business concern. Learn about how to maintain entries in cash book while executing tally erp9 software.
This report was completed during the Fall 2009 Ohio University Business Cluster, it is a report on the overview of AMR and some recommendations for the company
Financial Model Sample Format - Cement CompanyPranav Pareek
A sample of a basic financial model of a hypothetical cement company based in Kenya
Contains:
- Driver Sheet (with Revenue Model)
- Income Statement
- Balance Sheet
- Cash Flow
- DCF (including WACC calculation and Sensitivity Analysis)
- Ratio Analysis
DICS Innovative offers an inclusive Tally ERP9 training in Pitampura, Rohini, Delhi. The extensive practical training provided by Tally ERP 9 training.
DICS Computer Education is a well esteem organization in the field of IT Training which provides preliminaries in PHP, Java, .NET, DOEACC Courses, Digital Marketing, Website Designing, Graphics Designing, Computer Course Training, MCSE, CCNA, Computerized Financial Accounting courses.
Learn Tally training in Chandigarh which is provided by CBitss Technologies. Advance Tally ERP courses provided by professionals. Work on financial and inventory projects of your choice.
Payroll is the process of maintaining records of all employees’ salaries.
1) The Payroll function in Tally.ERP 9 facilitates accurate and timely
employee payments.
2) The Attendance/Production Type is used to record attendance and production
data.
3) Salary components constituting Pay Structures are called Pay Heads.
4) Gratuity is a monetary benefit paid by an employer to an employee, at
the end of the employment, for the services rendered over the period of
employment.
5) Attendance voucher is a voucher type used to record attendance, overtime,
leave or production details.
6)Payroll voucher is used to record employees’ payroll related transactions.
7)Payslip is a document, issued to an employee, that itemises each component
of his/her earnings and deductions.
8)Pay Sheet is a matrix report with details of pay heads pertaining to
employees.
9) Payroll Statement helps to generate reports for specific pay heads.
10) Attendance Sheet displays information relating to employees’ attendance
or production data.
11) Gratuity Summary Report calculates the liability of a company in terms
of gratuity.
SAP ERP S4HANAFinanceMOTIVATIONThis material is an.docxtodd331
SAP ERP: S/4HANA
Finance
MOTIVATION
This material is an introduction to SAP S/4HANA financial functionality. It is aimed at students at universities and other educational institutions with limited experience with accounting
It can be used in the classroom or for self-study.
On completion of the course, students will be able to understand the basic concepts general ledger accounting.
The material also serves as a reference for occasional users of SAP systems.
LEARNING METHOD
The learning method used is “guided learning.” The benefit of this method is that knowledge is imparted quickly. Students also acquire practical skills and competencies. As with an exercise, this method explains a process or procedure in detail using the GBI case study
Exercises at the end enable students to put their knowledge into practice.Product
SAP S/4HANA
Level
Introductory
Focus
ERP Systems- Finance
Author
Dr. Paul Hawking
Dr. Susan Foster
Reviewed by
Urooj R. Khan
Version 1.2019
Table of Contents
Introduction3
Accounting3
Financial Accounting3
Process Overview4
General Ledger Master Records5
Task 1: Display the Chart of Accounts6
Task 2: The Chart of Accounts Applied to the General Ledger9
Task 3: Display General Ledger Account11
Task 4: Post Transfer of Funds to Alternate Bank Account13
Task 5: Display G/L Account Balance17
(a) Adding a Fiori Tile:17
(b) Displaying Account Balances:18
(c) Displaying Accounting Documents21
Task 6: Displaying Journal Entries22
Task 7: Post Purchase of Office Supplies24
Task 8: Display General Ledger Account Balances27
IntroductionScenario
Global Bikes Inc (GBI) was founded in 2001 following the merger of two bicycle manufacturers, one based in the US and the other in Germany. GBI has three lines of business: deluxe and professional touring bikes, men’s and women’s off-road bikes, and bike accessories. GBI sells its bikes to a network of specialized dealers throughout the world, and it procures its raw materials from a variety of suppliers globally.
GBI has two manufacturing facilities, one in the US and one in Germany. It also has three additional warehouses, two in the US and one in Germany. GBI has more than 100 employees globally. The organization uses SAP ERP to support its processes. The company has a new bicycle for sale- Mongoose Mountain Bike.
Accounting
The function of accounting is to provide financial documentation and information for an enterprise and other interested parties that are associated with it. There are basically two types of accounting:
· External accounting is oriented more towards satisfying the information requirements of external parties. This is referred to as Financial Accounting (FI).
· Internal accounting meets the reporting demands of internal enterprise groups. This is referred to as Cost Accounting (CO).
External Reporting
External Accounting
Internal Accounting
Product Cost s
Internal Reporting
Cost Centres
Profit Centres
Profit Margins
Retained Earnings
Liquidity Calc’n
Prof.
The basic functions of Tally.ERP 9
F11: Features & F12: Configurations
Creating and Maintaining Chart of Accounts
Entering the opening balances for Ledgers
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
2. We are thankful to the Royal Institute of Information
technology to give us an opportunity to prepare this project.
We will be inharmonious to express our gratitude to
our faculty A.K SAINI B.K SHARMA
This project would not have been completed without
those people who co-operated with us and helped us in
completing the project.
It was such a great experience for us & will definitely
helpful in improving our skills.
3.
4. The late SS.GOENKA, f.
under of the company Pvt. Ltd. Set up & known as TALLY SOLUTIONS PVT.
• The undisputed king of all financial accounting
packages available in India.
• Capable of handling all kind of transaction.
• For Its use- neither need to learn new accounting
methods nor should change existing style of
handling accounts.
• Covers a wide area - can be used by the owner,
financial controller, accountant, manager or an
auditor
5. • Tally 4.5 Dos based Accounts with Inventory.
• Tally 5.4 Windows based Accounts with Inventory.
• Tally 6.3 With online finalization Auditing &
• Tally 7.0 Import and Export features.
• Tally 7.2 With VAT, TDS & Service Tax
• Tally 8.1 With FBT & Excise Duty.
• Tally 9.0 8.1 with Payroll system , Multi-Language Extra
formality feature.
• Tally ERP.9 Tally ERP.9 with Remote Access facility,
Multi-budgets & scenarios & etc.
6. Tally Solutions Pvt Ltd. is a Bangalore-based software company that
currently sells into more than 100 countries beyond its native India, including
the United Kingdom, Bangladesh and the Middle East.
Tally's software is mainly used for vouchers, financial statements, and taxation in
many industries, and has specialized packages for retail businesses. More advanced
capabilities are found in its Enterprise resource planning package.
Industry Computer software
Founder(s) S. S. Goenka
Headquarters Bangalore, India
Area served •India
•Bangladesh
•Middle East
•United Kingdom
7. • Increase in audit efficiency because of ease in
access to the client's data and reports remotely.
• Powerful remote capabilities that boost
collaboration .
• Easy to find qualified personnel .
• Easy to customize.
• Low cost of ownership via quick
implementation, Tally Integrator, Support
Centre.
Advantages of Tally.ERP 9:
8. • Security is not there.
• Cannot have alerts if credit limit exceeds for any customer .No pop
ups or message is displayed by the software.
LIMITATIONS
10. Step 1: Go to Gateway of Tally > Company Info > Create company
Step 2: Fill the details in all options (Option which are filled by default are mandate to fill & other
are optional)
Step 3: Accept the screen by pressing Enter or Ctrl+A.
ALTERATION : A created company’s detail can be modified at a
later time through keys Alt+[F3] or choosing the Alter option from
gateway of tally. A company has been successfully created with
the above information
11. Creation of Account Heads
•First of all, open tally.erp9 program.
•Now, select the company in which you want to work.
•Type the password if any.
•Now, you are on ‘gateway of tally’
•Select – Accounts Info under Master.
12. Basically group and ledger are
both helpful to make simple
category of our assets , liabilities
, income and expenditures into
current and fixed asset , direct
and indirect expenses and loss
and income .
Creating Accounting Master
Gateway of Tally>Accounts
Info.>Groups
14. Groups are collection of Ledgers of the same nature.
The Group behavior is classified into Capital or Revenue and more
specifically into Assets, Liabilities, Income and Expenditure. The Groups
ascertain whether the same will affect Profit and Loss Account which is
revenue in nature or Balance Sheet which is capital in nature.
Tally provides us 23 automatic groups for ledger creation but provides
only 2 ledger account and its names are cash are profit and loss account .
Group is head category or it is base of ledger creation . We can simply
take an example from you day to day field . Suppose you have taken
commerce subject and it can also divide into management theory ,
accounts , business maths and economics . So , Main group is commerce
and all other are called ledger accounts but under this commerce group .
Same will apply in accounting in tally , We can create several groups
under single ledger .
If we have changed group from one category to another , all ledger will
automatically change by this . So be serious for making any change in
group .
16. Stock Items are classified into stock groups to reflect their classification based on
some community.
To create a Stock Group,
Go to Gateway of Tally > Inventory Info. > Stock Groups > Create
17. Stock Item refers to goods that you manufacture or trade. It is the primary
inventory entity and is the lowest level of information on your inventory. You
have to create a Stock Item in Tally.ERP 9 for each inventory item that you want to
account for.
Go to Gateway of Tally > Inventory Info. > Stock Items
18. Units of Measurement
Stock Items are purchased or sold on the basis of quantity. The quantity is measured by Units
Hence, it is necessary to create Units of Measure. You can have simple units such as numbers
meters, kilograms, and pieces or compound units like box of 10 pieces [1box =10 pieces]
Go to Gateway of Tally > Inventory Info. > Units of Measure
EX:To Create Compound unit – Doz (Dozen) of 12
Nos (Nu
mbers), you have to create two simple units, Doz
(Dozen) and Nos (Numbers) and set the conversion
19. IMPORTING DATA
Import of data from one company to another
created within tally happens seamlessly.
35. TRIAL BALANCE
A TRIAL BALANCE IS A SUMMARY OF ALL LEDGER BALANCES TO
CHECK WHETHER THE FIGURES ARE CORRECT AND
BALANCED.CONSIDERING THAT THE JOURNAL ENTRIES ARE
ERROR FREE AND POSTED CORRECTLY TO THE GENERAL LEDGER,
THE TOTAL OF ALL DEBIT BALANCE SHOULD EQUAL TO THE
TOTAL OF ALL CREDIT BALANCE.
IN TALLY.ERP9 ,THE MATCHING OF THE TRIAL BALANCE IS A
FOREGONE CONCLUSION SINCE ALL VOUCHER ENTRIES ARE IN
DEBIT-CREDIT FORMAT AND MUST BALANCE AT THE ENTRY
POINT.
36. TO VIEW THE TRIAL BALANCE GO TO
GATEWAY OF TALLY > DISPLAY >TRIAL
BALANCE
37. TALLY.ERP SHOWS GROUP WISE TRIAL BALANCE.NEXT LEVEL DETAIL
FOR A GROUP CAN BE EXPLODED BY PRESSING SHIFT + ENTER.DETAILS
OF ALL GROUPS CAN ALSO BE OBTAINED THROUGH CONFIGURATION,
EXCEPT FOR GROUP BEHAVING LIKE SUB-LEDGERS.
SELECT F1 : DETAILED TO BREAK DOWN THE GROUPED INFORMATION
OR SIMPLY DRILL DOWN A GROUP FOR FURTHER DETAIL.
38. Select F5: Led-wise To List All Ledgers And Their Closing
Balances. The Screen Is Displayed As Shown
39. Select New Column To Bring Up The Closing Balance
For Another Date. The Screen Is Displayed As
Shown
40. Profit & loss statement
Balance sheet
Cash flow statement
Fund flow statement
Ratio analysis
Others
