Accounting Software (Advanced)

Paper Code: 
24BCS216
Credits: 
02
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

This course will enable the students to gain knowledge regarding concept of creating GST related documents using Tally software.

 

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

title

 

24BCS215

Accounting Software (Advanced) (Practical)

CO 1:Develop an understanding of concepts of GST and Tax environment along with journal entries

CO 2: Apply the tally software for the purpose of accounting of GST.

CO 3:Create of voucher for the purpose of computation of GST liability through tally software.

CO 4:Design various returns, reports relating to GST and E way bill.

CO 5: Develop an understanding of various procedures of GST like concept of TDS, TCS and how it can be done through tally accounting software.

CO 6:Contribute effectively in course – specific interaction.

Approach in

teaching: Interactive Lectures, Discussions, Tutorials, Problem solving sessions, Presentations

 

 

Learning activities for the students: Self-learning assignments, Case Study Analysis, Presentations, Group Discussions

 

Continuous Assessment Test, Semester End Examinations, Quiz, Solving Numerical Problems, Assignments, Class Presentations, Individual and group projects.
 

 

6.00
Unit I: 
Transitioning Tax landscapes: From VAT, CST, ST to The GST era
  • Tax Environment before 1st July 2017, i.e. VAT (Value Added Tax),
  • CST (Central Sales Tax) & Service Tax and Tax Environment from 1st July 2017, i.e. GST (Goods and Services Tax- IGST, CGST, SGST/UTGST).
  • Concept and Tax Structure of GST,
  • Types of Dealers with reference to GST, Concept of Input Tax Credit,
  • Various Returns a Dealer need to furnish, Time Line for Payment of GST.
  • Journal Entries of the various Business Transactions with GST.

 

 

6.00
Unit II: 
Managing accounting related to GST
  • Creation/ Display/ Alteration/ Deletion of a Company for Accounting with GST. Creation/ Display/ Alteration/ Deletion of Accounting Masters,
  • Inventory Masters and Accounting Vouchers related to GST (for Goods).

 

6.00
Unit III: 
Handling accounting masters and vouchers for GST services
  • Creation/ Display/ Alteration/ Deletion of Accounting Masters and
  • Accounting Vouchers related to GST (for   Services).

 

6.00
Unit IV: 
Various Statutory Reports Related to GST
  •  GSTR-1, GSTR-2, GSTR- 3 and
  • Making E-Way Bills.

 

6.00
Unit V: 
TDS procedures
  • ·       Concept of TDS (Tax Deducted at Source),
  • ·       Time Line for Payment of TDS, Journal Entries of the various TDS related Business Transactions,
  • ·       Creation/ Display/ Alteration/ Deletion of co Masters and Accounting Vouchers related to TDS.
  • Various Statutory Reports Related to TDS
Essential Readings: 

Essential Readings:

  1. Study Material Published by ICSI

 

 

References: 

Suggested Readings:

 

  1. Scanner-ArunKumar (ShuchitaPrakashans(P) Ltd
  2. ERP 9: Get GST Ready by Tally Education Pvt. Ltd.
  3. Tally.ERP 9 Made Easy" by G.S. Rawat.
  4. " Tally.ERP 9: The Complete Reference" by V. Rajaraman.
  5. " Tally 9: A Practical Guide" by R.K. Jain.
  6. " Learning Tally.ERP 9 with GST" by A.J. Arora.
  7. " Tally.ERP 9: A Beginner's Guide" by B. S. Raghu.

E- Content:

  1. ·https://www.icsi.edu/e-journals/:

  2. ·https://sscstudy.com/tally-erp-9-book-pdf-free-download/

  3. ·https://www.tallyofficialbooks.com/advanced-tally-book.html

 

Academic Year: 
2024-2025
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