Saturday, April 30, 2022

Introduction Of Tally ( टैली का परिचय )

 

What is Tally Software ? ( टैली सॉफ्टवेयर क्या है? )

Tally

Tally is financial accounting software that helps you to computerize your manual accounting system. In other word the tally is accounting software. It is software of keeping all kind of business transaction. It used POST TRANSATION system. It means, that the information that is being fed into TALLY as voucher, has been already executed. E.G. in POST TRANSACTION SYSTEM the payment is first made based on your exiting methods against a cash bill, against a voucher, etc. That Information is fed into the program. In other word Post Transaction means after the completion of the transaction. In tally there are two main accounts namely account only account with inventory. Accounts only deal with account like sale and purchased of goods whereas account with inventory includes sale and purchase of goods and also the quantity of stock item, which help us in maintain complete information of particular transaction.


टैली

टैली एक वित्तीय लेखा सॉफ्टवेयर है जो आपको अपने मैनुअल अकाउंटिंग सिस्टम को कम्प्यूटरीकृत करने में मदद करता है। दूसरे शब्दों में टैली एक अकाउंटिंग सॉफ्टवेयर है। यह सभी प्रकार के व्यापारिक लेनदेन को रखने का सॉफ्टवेयर है। इसने पोस्ट ट्रांसेशन सिस्टम का इस्तेमाल किया। इसका मतलब है कि टैली में वाउचर के रूप में जो जानकारी डाली जा रही है, उसे पहले ही निष्पादित किया जा चुका है। ई.जी. लेन-देन के बाद की प्रणाली में भुगतान पहले आपके मौजूदा तरीकों के आधार पर नकद बिल, वाउचर आदि के आधार पर किया जाता है। उस जानकारी को कार्यक्रम में फीड किया जाता है। दूसरे शब्दों में पोस्ट ट्रांजैक्शन का मतलब ट्रांजेक्शन पूरा होने के बाद होता है। टैली में दो मुख्य खाते होते हैं अर्थात् केवल खाता और इन्वेंट्री के साथ खाता। खाते केवल माल की बिक्री और खरीद जैसे खाते से निपटते हैं जबकि इन्वेंट्री वाले खाते में माल की बिक्री और खरीद और स्टॉक आइटम की मात्रा भी शामिल होती है, जो हमें विशेष लेनदेन की पूरी जानकारी बनाए रखने में मदद करती है।

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Friday, April 29, 2022

Golden Rules


Personal account: Personal accounts are the accounts of persons, firms, concerns and institutions which the businessmen deal.

Principles:   👉Debit the receiver

                     👉Credit the giver

Real Account: These are the accounts of things, materials, assets & properties. It has physical existence which can be seen & touch.

Example. Cash, Sale, Purchase, Furniture, Investment etc.

Principles:      👉Debit what comes in

                        👉Credit what goes out

Nominal account: Nominal account is the account of services received (expenses and Losses) and services given (income and gain)

Example. Salary, Rent, Wages, Stationery etc.

Principles:      👉Debit all expense/losses

                         👉Credit all income/ gains

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Tally Versions

 

The first version of the accounting software was launched as an MS-DOS application. It had only basic accounting functions, and was named Peutronics Financial Accountant.

👉Tally 4.5 was the first version of Tally. It was released in 1990. This software is based on MS-Dos.

👉Tally 5.4 was the second version of Tally. It was released in 1996. It was a graphic interface version.

👉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.

👉Tally 8.1 was the next version of Tally. It was developed with a new data structure. It was added with new features of Point of Sale (POS) and Payroll.

👉The next version was Tally 9. It was released in 2006. This version was released due to bugs and errors. This version has maximum features such as TDS, FBT, Payroll, E-TDS filling, etc.

👉The latest version of Tally is 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.

👉In 2020, the company released Tally Prime.

👉In 2022, they introduced Tally Prime Edit Log.


Thursday, April 28, 2022

Basic Concept of Accounting

 

Accounting : It is an art of recording, classifying and summarizing in significant manner and in terms of money, transactions and events which are of financial character and interpreting the results thereof.

 Business Transaction : A business transaction is “The movement of money and money’s worth form one person to another”. Or exchange of values between two parties is also known as “Business Transaction”. 

Purchase : A purchase means goods purchased by a businessman from suppliers. 

Sales : Sales is goods sold by a businessman to his customers. 

Purchase Return or Rejection in or Outward Invoice : Purchase return means the return of the full or a part of goods purchased by the businessman to his suppliers. 

Sales Return or Rejection out or Inward Invoice : Sales return means the return of the full or a part of the goods sold by the customer to the businessman. 

Assets : Assets are the things and properties possessed by a businessman not for resale but for the use in the business. 

Liabilities : All the amounts payable by a business concern to outsiders are called liabilities. 

Capital : Capital is the amount invested for starting a business by a person. 

Debtors : Debtor is the person who owes amounts to the businessman. 

Creditor : Creditor is the person to whom amounts are owed by the businessman. 

Debit : The receiving aspect of a transaction is called debit or Dr. 

Credit : The giving aspect of a transaction is called credit or Cr. 

Drawings : Drawings are the amounts withdrawn (taken back) by the businessman from his business for his personal, private and domestic purpose. Drawings may be made in the form cash, goods and assets of the business. 

Receipts : It is a document issued by the receiver of cash to the giver of cash acknowledging the cash received voucher. 

Account : Account is a summarized record of all the transactions relating to every person, every thing or property and every type of service. 

Ledger : The book of final entry where accounts lie. 

Journal entries : A daily record of transaction. 

Trail Balance : It is a statement of all the ledger account balances prepared at the end of particular period to verify the accuracy of the entries made in books of accounts. 

Profit : Excess of credit side over debit side. 

Profit and loss account : It is prepared to ascertain actual profit or loss of the business. 

Balance Sheet : To ascertain the financial position of the business. It is a statement of assets and liabilities.  

Introduction Of Tally ( टैली का परिचय )

  What is Tally Software ? (  टैली सॉफ्टवेयर क्या है? ) Tally Tally is financial accounting software that helps you to computerize your man...