MBI309: Accounting Software

New Course for FFCS curriculum

L 2 T 0 P 2 C 3 Version : 01 Prerequisite: Basic accounting papers knowledge. Objectives: Course Objectives: To Introduce the operational part of TALLY - Accounting Package to students. Expected Outcome: Students should know the key functions of TALLY software to work personally and generate reports out of it.

CONTENTS
UNIT DESCRIPTION Fundamentals: Accounting on Tally File Maintenance Rules related to Ledger Creation (Ledger Ex-1 to Ex-6) Creation of Groups ( Ex-1 to Ex-3 ) Inventory creation ( Ex-1 to Ex6) Accounting Vouchers (Ex-1 to Ex-6) Preparation of Invoices case Study 1 Case Study II Exercises. E Credit Control and Go down Maintenance: Bill wise break-up Bill wise Details concept case Study 3 Hire purchase and Instalment system Exercise Bill of Materials Inventory Transaction for Go down Maintenance Tracking Numbers for Delivery Note and Receipt Note Case Study. Advanced Accounting & Interest Calculation : Cost centre Ex -1 to Ex -3 Predefined cost Centres Ex-1 &Ex-2 Cost Categories Job Costing- Ex1& Ex2 Interest Calculation Interest on Deposits - Interest on Loans Interest on Outstanding Balances of customers and Suppliers Ex 1 to Ex -4 Management Accounting & Inventory Control Bank Reconciliation statement Budget analysis Reversing journal Exceptional Vouchers-Batch wise Details Additional cost of purchase Actual and Billed Quantity Zero Value entries Exercises Price List Multiple currencies for Import and Export Businesses service Organizations designing of Invoices and voucher Types and Logos point of Sales for cash terminals Statutory Accounting: Tax Deducted at Source Tax Collected at source Value Added Tax Service Tax Excise Duty for Dealers Fringe Benefit Tax - Pay roll - Bank Payment Advice. Data Maintenance Working with Multiple companies Consolidation of company Accounts Beginning of Accounts for Next year splitting of company Data Import and Export of company Data Open Data Base connectivity Security Control Tally Audit Query Building HOURS

Text Book: 1. A. K. Nadhani & K.K. Nadhani, Implementing Tally 9, 2007, BPB Publication, ISBN 8183332161. Reference Books: 1. Learning Tally.ERP9 official Manual of Tally solutions Ltd 2. Official Tally Manual for CAT course by ICWAI 3. Official Tally Manual by CA Mode of Evaluation: CA Examinations, Assignments, Case Studies and Surprise Test Recommended by Board of Studies on: Date of Approval of Academic Council: