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Creating Groups In tally Erp 9

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  Tally erp 9 Creating the Groups The Single Group allows you to create one group at a time where as the Multiple Group option allows you to create several related groups at a time so it saves your time. O- Single Group Creation • Gateway of Tally > Accounts Info. > Groups > Create <scriptasyncsrc="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.jsclient=capub5739928430068179"crossorigin="anonymous"></script>
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Enabling GST IN TALLY.ERP 9

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  Tally.ERP 9 Enabling GST IN TALLY.ERP 9 .Gateway of Tally> Press F11 > Statutory & Taxation > Set Following Options to 'Yes'  > Enable Goods and Services Tax (GST)  > Set/Alter GST Details
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Tally erp 9 - how to alter company

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  Tally.ERP 9 How to Alter A Company? If you want to make any changes in the company creations then you have to alter the company. How to Alter a Company? Modify Company & Activate Security Control Option as shown in following screen Gateway of Tally > Alt+F3 (Company Info.) > Alter> Enter> M/s. SHRIRAM ELECTRONICS • Tab down to Use Security Control option and Set it to "Yes" ⚫Type in the Name of Administrator: shiv and type the Password: shiv123 • The moment you press Enter to save the Alteration Screen, tally prompts you to enter the "Name of the user and password". 🔸 How to Shut the Company? •From the Gateway of Tally Press Alt + F1 to display Company Info •Select Shut Company option which will display the list of companies. • Select the Company name from the list which you want to Close / Shut.
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Tally erp 9 company creation

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  Tally.ERP 9 How to Create A Company? Shriram Electronics: is wholesaler & retailer of Electronics goods based in Mumbai (M.S.) the started their business operations in Mumbai from 1st April 2017 Shriram Electronics now need to maintain their books of Accounts in Tally.ERP 9 Company Info > Create Company > Shown by following screen   * Use of Security Control is Set to No . Directory- This is where your company data will be stored on your system. This field is skipped by default as suming that you wish to create company in the data path displayed. However if you want to change it, simply use the backspace key and change it to what ever required For example, the default Tally.ERP 9 data directory could be D:\Tally.ERP9\Data. • Name- Type here the name of the company, you wish to create. Mailing Name & Address- The mailing name and address details are picked up for inclusion in any report that needs the company name and address as heading. For example:Balance Shee...
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Auditing in Accounting

  Short note on auditing in accounting Auditing in accounting is a critical process that involves evaluating the financial statements and records of an organization to ensure their accuracy, reliability, and compliance with applicable laws and regulations. The main purpose of auditing is to provide independent assurance to stakeholders, such as shareholders, investors, creditors, and regulators, that the financial information presented by an organization is trustworthy and fairly represented. Auditing typically involves several key steps, including planning, risk assessment, evidence gathering, testing, and reporting. Auditors use various auditing techniques and procedures to obtain sufficient and appropriate evidence to support their conclusions about the fairness of the financial statements. This may involve examining financial records, conducting interviews and inquiries, performing analytical procedures, and testing internal controls. Auditing serves several important functio...
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Management Accounting Basic

  Short note on management accounting Management accounting, also known as managerial accounting, is a specialized field of accounting that involves the use of financial and non-financial information to support the management decision-making process. It provides valuable insights and analysis to help managers plan, evaluate, and control business operations, and achieve organizational goals and objectives. Here are some key points about management accounting: • Internal focus: Unlike financial accounting, which focuses on providing financial information to external stakeholders such as investors, creditors, and regulators, management accounting is primarily focused on providing information for internal use by managers within an organization. • Decision-making support: Management accounting provides managers with relevant information, analysis, and tools to make informed decisions about resource allocation, performance evaluation, pricing, product mix, and other strategic and oper...
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Financial Accounting Basics

   Financial accounting is a branch of accounting that focuses on the preparation and reporting of financial information for external users, such as investors, creditors, and regulators. It involves recording, classifying, and summarizing financial transactions in a systematic and standardized manner, and presenting the resulting financial statements, which include the income statement, balance sheet, and cash flow statement. Financial accounting provides important information to stakeholders about the financial health, performance, and position of a business. It follows generally accepted accounting principles (GAAP) or international financial reporting standards (IFRS) to ensure consistency and comparability of financial statements across different organizations and jurisdictions. The main objectives of financial accounting are to provide relevant, reliable, and timely financial information for decision-making, financial analysis, and financial reporting. It involves various...
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