Accounting Software (Basics)

Paper Code: 
24BCS118
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: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

24BCS118

Accounting Software (Basics)

(Practical)

CO 1:Develop an understanding of Tally Accounting software.

CO 2:Prepare various ledger accounts and understand procedures relating to it.

CO 3:Create basic accounting vouchers.

CO 4:Explore the concept of presentation of financial statements in day book and final accounts.

CO 5:Design the system for inventory management using Tally

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: 
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: 
Ledger account management and chart of accounts
  • 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: 
Mastering Accounting Vouchers: Creation to Management
  • 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: 
Comprehensive Financial Reporting and Tally software management
  • 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: 
Efficient Inventory management in Tally software: from set up to reporting
  • 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:

  1. Study Material Published by ICSI

 

References: 

Suggested Readings:

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

 

E- Content:

  1. https://sscstudy.com/tally-erp-9-book-pdf-free-download/
  2. https://www.tallyofficialbooks.com/advanced-tally-book.html

 

Academic Year: 
2024-2025
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