Course Objectives:
This course will enable the students to gain knowledge regarding use of Tally software in creating financial statements of a company.
|
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: Learning activities for the students: |
Class test, Semester end examinations, Quiz, Assignments, Class interaction, Presentation, Case study analysis, Open ended questions, think-pair-share, Socratic seminar |
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.
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.
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.
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.
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 :
Study Material Published by ICSI
SUGGESTED Readings:
Scanner-ArunKumar(ShuchitaPrakashans(P) Ltd)
Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/accounting-software-basics-0
[2] https://sscstudy.com/tally-erp-9-book-pdf-free-download/
[3] https://www.tallyofficialbooks.com/advanced-tally-book.html
[4] https://accountingtaxation.iisuniv.ac.in/academic-year/2023-2024