6411_COMPUTERISED ACCOUNTING PRACTICAL.ppt

COMPUTERISED ACCOUNTING
COMPUTERISED ACCOUNTING
PRACTICAL (20UCO5SE3AP
PRACTICAL (20UCO5SE3AP)
)
Presented by
Presented by
Dr. K. RIYAZ AHAMED
Dr. K. RIYAZ AHAMED
Assistant Professor of Commerce
Assistant Professor of Commerce
Jamal Mohamed College (Autonomous)
Jamal Mohamed College (Autonomous)
Tiruchirappalli - 620 020.
Tiruchirappalli - 620 020.

Objectives of this session
Objectives of this session
 Introduction
Introduction
 General Features of Tally
General Features of Tally
 Getting Started with Tally
Getting Started with Tally
 Create Company
Create Company
 Company Info
Company Info
 Role of Buttons
Role of Buttons

Introduction
Introduction
You have already known how to maintain
You have already known how to maintain
accounts manually.
accounts manually.
Tally is an accounting package which is used
Tally is an accounting package which is used
for maintaining your accounts electronically.
for maintaining your accounts electronically.

Versions of Tally
Versions of Tally
 Tally 4.5
Tally 4.5 was the first version of Tally. It was
released in 1990. This software is based on
MS-Dos. This program was very light weight
This program was very light weight
and very fast in operation.
and very fast in operation.
 Tally 5.4 was the second version of Tally.
It was released in 1996. It was a graphic
interface version.

Versions of Tally
Versions of Tally
 Tally 6.3 was the third version of Tally. It was
released in 2001. This version was window
based. It supports printing and implementing
with VAT (Value Added Tax)
 Tally 7.2 was the next version of Tally. It was
released in 2005. It was added with new features
of the Statutory complimentary version and
VAT rules as par state wise.

Versions of Tally
Versions of Tally
 Tally 8.1
Tally 8.1 it was developed with a new data
it was developed with a new data
structure. It was added with new features of Point
structure. It was added with new features of Point
of Sale (POS) and Payroll.
of Sale (POS) and Payroll.
 Tally 9 it was released in 2006. This version was
released due to bugs and errors. This version has
maximum features such as Payroll,
Tax Deducted at Source(TDS), Fringe Benefit
Fringe Benefit
Tax (
Tax (FBT) and Electronic Filing of Returns of Tax
Electronic Filing of Returns of Tax
Deducted at Source (
Deducted at Source (E-TDS) filling, etc.

Versions of Tally
Versions of Tally
 Tally.ERP 9 it was released in 2009.
Tally ERP 9 package is offering
maximum features for small to large business
industries. It also updates with new
features of Goods & Services
Tax (GST) like remote access, much powerful
like remote access, much powerful
data security, tally.net and more.
data security, tally.net and more.

Versions of Tally
Versions of Tally
 Tally Prime :
Tally Prime : The new Tally version of Tally
ERP 9 is called Tally Prime. The Tally Prime
launch date was November 9th 2020. Tally
Prime is an advanced business accounting
software . Tally Prime facilitates improved
problem detection and powerful correction
capabilities.

Versions of Tally
Versions of Tally
 TallyPrime is a complete business management
software for small and medium business.
TallyPrime helps you manage Accounting,
Inventory, Banking, Taxation, Banking, Payroll
and much more to get rid of complexities, and
in turn, focus on business growth.

 It maintains all the primary books of accounts,
It maintains all the primary books of accounts,
like Cash Book and Bank Book.
like Cash Book and Bank Book.
 Tally maintains all registers like Purchase
Tally maintains all registers like Purchase
Register, Sales Registers and Journal Registers.
Register, Sales Registers and Journal Registers.
 Tally maintains all statement of accounts like
Tally maintains all statement of accounts like
Balance Sheet, Profit and Loss and Trial
Balance Sheet, Profit and Loss and Trial
Balance, Cash Flow and Stock Statement.
Balance, Cash Flow and Stock Statement.

 A Tally can maintain ‘Outstanding Reports’.
A Tally can maintain ‘Outstanding Reports’.
 It may provide complete bill-wise information of
It may provide complete bill-wise information of
amounts receivable as well as payable either
amounts receivable as well as payable either
party-wise or group-wise.
party-wise or group-wise.
 It can provide a report for a particular date or
It can provide a report for a particular date or
reports for any range of dates.
reports for any range of dates.
 It provides the facility of Bank Reconciliation.
It provides the facility of Bank Reconciliation.
continue …

On the home page of Tally screen ‘Create Company’
option is available under the title ‘Company Info’.

Tally Screen
Tally Screen
Title Area Horizontal
Buttom Bar
Main Area
Bottom Pane
Calcultaor
Area
Close
Button

Tally Screen Details
Tally Screen Details
The Gateway of Tally screen is separated into
Six sections

Title Area
Horizontal Button Bar,

Main Area (Ctrl+M),

Calculator Area (Ctrl+N),
Button Bar and

Bottom Pane.

Create Company
Create Company
To create the company
you would click at
‘Create Company’ option
A new window will
appear with various
items on the screen.

Create Company
Create Company
When you click at ‘Create Company’ option, a new
When you click at ‘Create Company’ option, a new
window will appear with various items on the
window will appear with various items on the
screen.
screen.
Some important ones are discussed below:
Some important ones are discussed below:
 Name
Name:
: Type the name of the company you want to create.
Type the name of the company you want to create.
 Mailing Name
Mailing Name:
: The mailing name by default is the same as
The mailing name by default is the same as
the name mentioned above. You can type some other mailing
the name mentioned above. You can type some other mailing
name of the company.
name of the company.
 Address
Address:
: Type mailing address of the company. There is no
Type mailing address of the company. There is no
limit on the number if lines used.
limit on the number if lines used.
continue …

Create Company
Create Company
 Maintain
Maintain:
: In Tally accounts can be maintained in a two
In Tally accounts can be maintained in a two
different ways:
different ways:
 Accounts Only
Accounts Only
 Accounts-with-inventory
Accounts-with-inventory
 Use Security Control
Use Security Control:
: This option provides security control
This option provides security control
to your company accounts by offering a comprehensive pass-
to your company accounts by offering a comprehensive pass-
based access control.
based access control.
After filling all the required information press enter. A new
After filling all the required information press enter. A new
window will appear asking for confirmation.
window will appear asking for confirmation.
For acceptance press ‘Y’.
For acceptance press ‘Y’.
continue …

Create Company
Create Company
The next window is as follow :
The next window is as follow :
continue …

Company Info
Company Info
Once you get your company created, the heading ‘Company
Once you get your company created, the heading ‘Company
Info’ has a content of some new options. These options
Info’ has a content of some new options. These options
are as follows:
are as follows:
 Select Company
Select Company:
: This option permits you to load any
This option permits you to load any
company, which was created earlier, from the list of
company, which was created earlier, from the list of
companies listed.
companies listed.
 Shut Company
Shut Company:
: It allows you to exit, from the companies not
It allows you to exit, from the companies not
in use, from the dialog box.
in use, from the dialog box.
 Create Company
Create Company:
: (same as done above under same heading).
(same as done above under same heading).

Company Info
Company Info
 Alter
Alter:
: It allows you to change the information of an existing
It allows you to change the information of an existing
company filled at the time of creation of the company.
company filled at the time of creation of the company.
 Change Tally Vault
Change Tally Vault:
: To change the password, given earlier at
To change the password, given earlier at
the time of creating the company.
the time of creating the company.
 Split Company Data:
Split Company Data: Split the companies to form two
Split the companies to form two
companies out of the existing one; after the data specify by the
companies out of the existing one; after the data specify by the
user. In this process the closing balance of the first company
user. In this process the closing balance of the first company
will become the opening balance of the second company.
will become the opening balance of the second company.
 Backup/ Restore:
Backup/ Restore: This option allows the user to take a
This option allows the user to take a
backup either on local hard disk or on any external media. The
backup either on local hard disk or on any external media. The
backup of one or more companies can be taken under a single
backup of one or more companies can be taken under a single
directory.
directory.
continue …

Role of Buttons
Role of Buttons
The right hand screen area of Tally contains buttons;
they perform various useful functions.

Role of Buttons
Role of Buttons
continue …
F1 : Select Cmp ─ It enables user to select company(s)
and add them to the list of active companies.

Role of Buttons
Role of Buttons
continue …
F1 : Sht Cmp ─ It enables the user to shut or exit
the selected company from the list of active
companies list.

6411_COMPUTERISED ACCOUNTING PRACTICAL.ppt

More Related Content

Similar to 6411_COMPUTERISED ACCOUNTING PRACTICAL.ppt

Recently uploaded

6411_COMPUTERISED ACCOUNTING PRACTICAL.ppt