Course Description

Computerized Accounting involves using computers and accounting packages for recording storing and analyzing financial data.  Tally Software is a complete accounting, inventory, taxation and payroll software. It is one of the best and most commonly used software applicable for small business houses and big financial companies. Learning of computerized accounting makes the entire process of preparing financial accounts faster and simple. The Financial Statements and reports can be generated at the click of a button. It relives the accountants from routine and time consuming process of manual accounting. Financial Data processed through accounting software is easily accessible, accurate, reliable, cost effective and secure.

Course Significance:

Learning Computerized accounting is imperative for students seeking jobs in accounts department of any company. It gives the learner the required skills to carry out range of day-to-day accounting activities. Learning Tally also makes it easy to adapt to any other package designed for accounting. By learning the advanced features of Tally related to Taxation and payroll the candidates will be eligible for the posts of (in Government & Private) Assistant Clerks in Tax Departments, Junior Accountants in Companies, Corporations and Boards. Audit Assistant in co-operative departments. Office Assistant/ Accounts Clerk/Accounts Assistant/ Assistant Commercial Tax Practitioner, assistant income tax practitioner, Data Entry Operator, Entry level accounts analyst in BPO.   

Course Outcome:

CO1) This course aims at providing Computerized Accounting skills to the students.

CO2) The students will learn the procedure of transition of manual accounting to computerized accounting.

CO3) The student will gain the competence to perform all basic functions of accounting, store details and manage inventory items.

CO4) Students will be capable of using accounting software for business communication and accounting purposes.

CO5) Students will be able to account for purchases and inventory transactions (creating purchase orders, handling invoices, maintaining inventory control) using a computerized accounting software package.

CO6) Students will be able to account for customer and sales related events (maintaining and analyzing customer data, billing, bank deposits and accounts receivable) using a computerized accounting software package

CO7) Will be able to ascertain profits and Financial position of the organization.

CO8) Will be able to generate reports like Profit and Loss statement, Balance Sheet, Trial Balance, Cash-flow report, etc. and facilitate in decision making.

CHAPTER I: MAINTAINING CHART OF ACCOUNTS IN ERP: Introduction-Getting Started with ERP - Mouse/Keyboard Conventions-Company Creation-Shut a Company-Select a Company-Alter Company Details-Company Features and ConfigurationsF11: Company Features-F12: Configuration-Chart of Accounts-Ledger-Group-Ledger CreationSingle Ledger Creation-Multi Ledger Creation-Altering and Displaying Ledgers-Group Creation-Single Group Creation-Multiple Group Creation-Displaying Groups and LedgersDisplaying Groups-Display of Ledgers-Deletion of Groups and Ledgers – P2P procure to page.

CHAPTER II: MAINTAINING STOCK KEEPING UNITS (SKU): Introduction-Inventory Masters in ERP - Creating Inventory Masters-Creation of Stock GroupCreation of Units of Measure-Creation of Stock Item-Creation of Godown-Defining of Stock Opening Balance in ERP Stock Category-Reports.

CHAPTER III: RECORDING DAY-TO-DAY TRANSACTIONS IN ERP: Introduction-Business Transactions-Source Document for Voucher-Recording Transactions in ERP - Accounting Vouchers-Receipt Voucher (F6)-Contra Voucher (F4)-Payment Voucher (F5)-Purchase Voucher (F9)-Sales Voucher (F8)-Debit Note Voucher-Credit Note (Ctrl+F8)- Journal Voucher (F7).

CHAPTER IV: ACCOUNTS RECEIVABLE AND PAYABLE MANAGEMENT: Introduction-Accounts Payables and Receivables-Maintaining Bill-wise Details-Activation of Maintain Bill-wise Details Feature-New Reference-Against Reference-Advance-On AccountStock Category Report-Changing the Financial Year in ERP. CHAPTER V: MIS REPORTS: Introduction-Advantages of Management Information Systems-MIS Reports in ERP - Trial Balance - Balance Sheet-Profit and Loss Account-Cash Flow Statement-Ratio Analysis-Books and Reports - Day Book-Receipts and Payments-Purchase Register-Sales Register-Bills Receivable and Bills Payable.

REFERENCE BOOKS: 1. Computerised Accounting: Garima Agarwal, Himalaya
2. Computerised Accounting: A. Murali Krishna, Vaagdevi publications
3. Computerised Accounting: Dr. G. Yogeshweran, PBP.
 4. Aakash Business Tools: Spoken Tutorial Project IIT Bombay
5. Mastering Tally: Dinesh Maidasani, Firewal Media
6. Implementing Tally ERP 9: A.K Nadhani and K.K Nadhani, BPB Publications
7. Computerised Accounting and Business Systems: Kalyani Publications
8.Manuals of Respective Accounting Packages
 9.Tally ERP 9: J.S. Arora, Kalyani Publicatio

Course Description

Computerized Accounting involves using computers and accounting packages for recording storing and analyzing financial data.  Tally Software is a complete accounting, inventory, taxation and payroll software. It is one of the best and most commonly used software applicable for small business houses and big financial companies. Learning of computerized accounting makes the entire process of preparing financial accounts faster and simple. The Financial Statements and reports can be generated at the click of a button. It relives the accountants from routine and time consuming process of manual accounting. Financial Data processed through accounting software is easily accessible, accurate, reliable, cost effective and secure.

Course Significance:

Learning Computerized accounting is imperative for students seeking jobs in accounts department of any company. It gives the learner the required skills to carry out range of day-to-day accounting activities. Learning Tally also makes it easy to adapt to any other package designed for accounting. By learning the advanced features of Tally related to Taxation and payroll the candidates will be eligible for the posts of (in Government & Private) Assistant Clerks in Tax Departments, Junior Accountants in Companies, Corporations and Boards. Audit Assistant in co-operative departments. Office Assistant/ Accounts Clerk/Accounts Assistant/ Assistant Commercial Tax Practitioner, assistant income tax practitioner, Data Entry Operator, Entry level accounts analyst in BPO.   

Course Outcome:

CO1) This course aims at providing Computerized Accounting skills to the students.

CO2) The students will learn the procedure of transition of manual accounting to computerized accounting.

CO3) The student will gain the competence to perform all basic functions of accounting, store details and manage inventory items.

CO4) Students will be capable of using accounting software for business communication and accounting purposes.

CO5) Students will be able to account for purchases and inventory transactions (creating purchase orders, handling invoices, maintaining inventory control) using a computerized accounting software package.

CO6) Students will be able to account for customer and sales related events (maintaining and analyzing customer data, billing, bank deposits and accounts receivable) using a computerized accounting software package

CO7) Will be able to ascertain profits and Financial position of the organization.

CO8) Will be able to generate reports like Profit and Loss statement, Balance Sheet, Trial Balance, Cash-flow report, etc. and facilitate in decision making.

CHAPTER I: MAINTAINING CHART OF ACCOUNTS IN ERP: Introduction-Getting Started with ERP - Mouse/Keyboard Conventions-Company Creation-Shut a Company-Select a Company-Alter Company Details-Company Features and ConfigurationsF11: Company Features-F12: Configuration-Chart of Accounts-Ledger-Group-Ledger CreationSingle Ledger Creation-Multi Ledger Creation-Altering and Displaying Ledgers-Group Creation-Single Group Creation-Multiple Group Creation-Displaying Groups and LedgersDisplaying Groups-Display of Ledgers-Deletion of Groups and Ledgers – P2P procure to page. 

CHAPTER II: MAINTAINING STOCK KEEPING UNITS (SKU): Introduction-Inventory Masters in ERP - Creating Inventory Masters-Creation of Stock GroupCreation of Units of Measure-Creation of Stock Item-Creation of Godown-Defining of Stock Opening Balance in ERP Stock Category-Reports. 

CHAPTER III: RECORDING DAY-TO-DAY TRANSACTIONS IN ERP: Introduction-Business Transactions-Source Document for Voucher-Recording Transactions in ERP - Accounting Vouchers-Receipt Voucher (F6)-Contra Voucher (F4)-Payment Voucher (F5)-Purchase Voucher (F9)-Sales Voucher (F8)-Debit Note Voucher-Credit Note (Ctrl+F8)- Journal Voucher (F7). 

CHAPTER IV: ACCOUNTS RECEIVABLE AND PAYABLE MANAGEMENT: Introduction-Accounts Payables and Receivables-Maintaining Bill-wise Details-Activation of Maintain Bill-wise Details Feature-New Reference-Against Reference-Advance-On AccountStock Category Report-Changing the Financial Year in ERP. CHAPTER V: MIS REPORTS: Introduction-Advantages of Management Information Systems-MIS Reports in ERP - Trial Balance - Balance Sheet-Profit and Loss Account-Cash Flow Statement-Ratio Analysis-Books and Reports - Day Book-Receipts and Payments-Purchase Register-Sales Register-Bills Receivable and Bills Payable. 

REFERENCE BOOKS: 1. Computerised Accounting: Garima Agarwal, Himalaya 
2. Computerised Accounting: A. Murali Krishna, Vaagdevi publications 
3. Computerised Accounting: Dr. G. Yogeshweran, PBP.
 4. Aakash Business Tools: Spoken Tutorial Project IIT Bombay 
5. Mastering Tally: Dinesh Maidasani, Firewal Media 
6. Implementing Tally ERP 9: A.K Nadhani and K.K Nadhani, BPB Publications 
7. Computerised Accounting and Business Systems: Kalyani Publications 
8.Manuals of Respective Accounting Packages
 9.Tally ERP 9: J.S. Arora, Kalyani Publicatio