ACCOUNTING SOFTWARE (BASICS)

Paper Code: 
BCS 118
Credits: 
02
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

This course will enable the students to gain knowledge regarding use of Tally software in creating financial statements of a company.

Course Outcomes (COs):  

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course Title

BCS 118

 

Accounting Software (Basics)

CO 43:Develop an understanding of Tally Accounting software.

CO 44:Prepare various ledger accounts and understand procedures relating to it.

CO 45:Create basic accounting vouchers.

CO 46:Explore the concept of presentation of financial statements in day book and final accounts.

CO 47:Design the system for inventory management using Tally

CO 48:Contribute effectively in course – specific interaction.

Approach in teaching:
Interactive Lectures, Discussion, Tutorials, Reading assignments, Interactive White Board, Incorporating technology in teaching
 

Learning activities for the students:
Self learning assignments, Effective questions

Class test, Semester end examinations, Quiz,  Assignments, Class interaction, Presentation, Case study analysis, Open ended questions, think-pair-share, Socratic seminar

 

6.00
Unit I: 
Salient Features of Tally Software :

Functional Features & Technological Advantages of Tally Software, Creation/ Display/ Alteration/ Deletion of a Company, Tally Software Screen Components, Mouse/ Key Board Conventions, Switching between Screen Areas, Quitting Tally Software, Base Currency Information, Working with Multiple Companies.

 

6.00
Unit II: 

Pre-defined Groups of Ledger Accounts, Pre-defined Ledger Accounts, Creation/ Display/

Alteration/ Deletion of Accounting Master; i.e. Ledger Accounts and Groups in Tally Software, List/ Chart of Accounts.

 

6.00
Unit III: 

Basic Accounting Voucher Types, Creation/ Display/ Alteration/ Deletion of Accounting Vouchers (Journal Entries), Journalizing Compound Journal Entries in Tally Software, Creation/ Display/ Alteration/ Deletion of Accounting Voucher in Single Entry Mode/ Invoice Mode.

 

6.00
Unit IV: 

Display of Day Book (Journal Book), Account Books (Ledger Book), Display of Trial Balance, Trading and Profit & Loss Account, Balance Sheet, Mentioning Value of Closing Stock in Final Accounts,

Use of F2 (Date/ Period) and F12 (Configure) during Display of Financial Reports (Trading Account, Profit & Loss Account and Balance Sheet), Maintaining Balances Bill-by-Bill of the Accounts of Debtors & Creditors and Mentioning Opening Balance during Ledger Creation.

 

6.00
Unit V: 

Creation/ Display/ Alteration/ Deletion of a Company for Inventory Accounting, Concepts of Stock Groups, Stock Categories, Godowns/ Locations, Units of Measure and Stock Items, Creation/ Display/ Alteration/ Deletion of Stock Groups, Stock Categories, Godowns/ Locations, Units of Measure and Stock Items, Creation/ Display/ Alteration/ Deletion of Purchase & Sales Transactions in Voucher Mode/ Invoice Mode, Concept of Item Invoice & Account Invoice in Invoice Mode,

 Use of Debit Note & Credit Note for Journalizing Transactions of Purchase Returns & Sales Returns; respectively, Creation/ Display/ Alteration/ Deletion of Purchase Returns & Sales Returns Transactions in Voucher Mode/ Invoice Mode, Use of Stock Journal for Stock Transfer, Display of Stock Summary (Stock Register), Inventory Books and Statement of Inventory, Use of F2 (Date/ Period) and F12 (Configure) during Display of Inventory Reports.

 

Essential Readings: 

Essential Readings :

Study Material Published by ICSI

 

SUGGESTED Readings:

Scanner-ArunKumar(ShuchitaPrakashans(P) Ltd)

 

References: 

     E- Content:

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

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

 

Academic Year: 
2023-2024
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