CRASH COURSE IN COMPUTERIZED ACCOUNTING (WITH TALLY ERP & GST) (C3A)


CHAPTER-I
Manual Financial Accounting

  •  Voucher Preparation
  •  Daybook writing Cash book
  •  Preparation Ledger writing
  •  Journal Register
  •  Stock Register update Purchase
  •  Register Preparation Sales
  •  Register Preparation Invoice
  •  Preparation
  •  Purchase order and Sales Order
  •  Preparation Quotation preparation
  •  Fixed Asset Register Preparation
  •  Trading and Profit & Loss
  •  Account Balance Sheet preparation
  •  Rectification Entries Depreciation
  •  Entries
  •  Bank reconciliation
  •  Cheque Preparation and Deposit
  •  Slips Balance Sheet Review

CHAPTER-II
COMPUTERIZED ACCOUNTING

Company Info Menu

  •  How to Select company
  •  How to Shut company
  •  How to Create company
  •  How to Alter company
  •  How to apply Security control
  •  How to Change tally vault
  •  How to Split company data
  •  How to take Back up
  •  How to Restore Back up
  •  How to use Tally audit features

Country specific configuration

  •  How to fill up Country details
  •  How to change Style of dates
  •  How to Configuration of numbers
  •  How to use Other options

Loading a Company

  •  How to Select company
  •  How to change Company name
  •  How to set Financial year

F -12 Configurations

  •  How to use General
  •  How to use Numeric symbols
  •  How to use Accts/inventory info.
  •  How to pass Voucher entry
  •  How to prepare Invoice / orders entry
  •  How to take Printing
  •  How to send E- mailing
  •  How to do Data configuration

F-11 Features

  •  How to use Accounting features
  •  How to use Inventory features

Accounts Information

  •  How to activate Functions in accounts info. Menu
  •  How to prepare Groups in Tally ERP 9
  •  How to prepare Ledgers
  •  How to enter Voucher entries

Inventory Information

  •  How to set Inventory configurations & features
  •  Inventory info. Menu
  •  How to set up Stock groups
  •  How to set up Stock categories
  •  How to create Stock items
  •  How to create Units of measurement
  •  How to create Bills of materials
  •  Locations / Go down
  •  Inventory voucher types

Voucher Entry

  •  Contra voucher entry
  •  Payment voucher entry
  •  Receipt voucher entry
  •  Journal voucher entry
  •  Sales voucher entry
  •  Purchase voucher entry
  •  Debit note voucher entry
  •  Credit note voucher entry
  •  purchase order entry
  •  Sales order entry
  •  Receipt note entry
  •  Delivery note entry
  •  Rejection out entry
  •  Rejection in entry
  •  Stock journal entry
  •  Manufacturing journal entry

CHAPTER-III
ADVANCED ACCOUNTING WITH TALLY ERP

  •  Advanced Accounting in Tally ERP
  •  Advanced Inventory in Tally ERP
  •  Value Added Tax (VAT)
  •  Central Sales Tax (CST)

CHAPTER-IV
ADVANCED ACCOUNTING WITH COMPUTERIZED TAXATION

  •  Service Tax
  •  Tax Deducted Source
  •  Tax Collected Source
  •  Excise for Dealers
  •  Excise & Central Value Added Tax for Manufacturers

Advanced Accounting Features

  •  How to create cost categories & cost Centers
  •  How to configure Cheque printing
  •  How to set Credit limits
  •  How to do Bank Reconciliation

Quick Setup

  •  Excise for manufacturers
  •  Excise for dealer
  •  Value-Added Tax
  •  Tax deducted at source
  •  Tax collected at source

Excise for Dealer

  •  Duties and method of calculation
  •  Filing excise return
  •  Enabling excise masters
  •  Excise entries
  •  How to view Central Excise Reports
  •  Excise-computation
  •  Daily stock register
  •  PLA Register,
  •  FORM ER1,
  •  CENVAT Registers

Service Tax

  •  Scope and applicability
  •  Registration
  •  Service-tax assessee code
  •  Valuation of taxable service
  •  Charge of service tax
  •  Exemption from service-tax
  •  Enabling service tax,
  •  Creating masters
  •  Purchase of service
  •  service input credit adjustment
  •  ST3 Report

Tax Deducted at source (TDS)

  •  What is TDS Process
  •  How to prepare and Issue of TDS Certificate
  •  How to do Filing of E-TDS Return
  •  Enabling TDS
  •  What is Nature of TDS related payments
  •  Deductee types
  •  How to Create TDS Masters (Expense ledger, Party
  •  Ledger, Tax ledger)
  •  How to pass TDS Voucher Entries/Transactions
  •  How do pass TDS on expenses (Journal Voucher)
  •  How to pass Expenses partly subject to TDS (Journal voucher)
  •  How to do Accounting multiple expenses and
  •  deducting TDS later
  •  How to record TDS on advance payments
  •  How to do Adjusting advances against the bill
  •  How to Changes in TDS Percentage
  •  Computation
  •  TDS Challan Reconciliation
  •  Print Form 16A
  •  Form 26Q
  •  Annexure to 26Q
  •  Form 27Q
  •  Annexure to 27Q
  •  Form 26
  •  Annexure to 26
  •  Form 27
  •  Annexure to 27
  •  E-Return
  •  E-TDS, Print form 27A

Value Added Tax (VAT)

  •  How to do Enabling Regular VAT
  •  How to Create masters for regular VAT
  •  How to prepare Purchase ledger, Input VAT ledger
  •  How to prepare Sales ledger, Output VAT ledger
  •  How to prepare Additional ledgers, TAX Invoice
  •  How to pass VAT Adjustment Class Journal
  •  How to prepare Purchase Invoice, Taxable sales Invoice
  •  How to pass Debit Note, Credit Note, Journal Voucher
  •  How to do VAT Adjustment against tax payable
  •  How to pass VAT Payment Voucher, VAT Reports & Computation

Payroll

  •  How to Enabling payroll in tally
  •  How to generate pay slip
  •  How to Create Payroll Masters
  •  How to pass Payroll Voucher Entry
  •  How to view Statements of payroll
  •  How to view Attendance-Reports
  •  How to view Payroll Statutory Reports
  •  Payroll Statutory Computation
  •  Employees Provident Fund (EPF) Reports
  •  Employees State -Insurance (ESI) Reports
  •  Professional Tax Report, Gratuity Report

Display of Reports

  •  Accounting Reports- Trial Balance, Profit & Loss, Balance Sheet
  •  Inventory Reports- Stock Summary, Sales Register, Purchase Register
  •  Tax Reports- Challans, Registers, E Filing
  •  Payroll Reports- Pay Slips, Salary Register, PF Challan, ESI Challan
  •  MIS Reports- Receivables, Payables, Outstanding

CHAPTER-V
Scope and Review of GST (Goods and Service Tax)

What is GST :-

Goods and Service Tax indirect Tax for the whole India Overview of Goods & Service Tax, Registration under GST (Regular and Composition),Meaning & Scope ofSupply, Time of Supply, Value of Supply, Tax Rate structure, invoicing under GST regime, Input Credit Mechanism Return under GST (GSTR1,GSTR2,GSTR3 and so on), Payment of Taxes, Consequences of non –compliance and Compliance Rating, Transition to GST, Ecommerce and ISD, Audit and Appeals in GST,GSTN and GSP.

Benefits:-

  •  Easy Compliance
  •  Uniformity of Tax Rates
  •  Improved Competitiveness
  •  Gain to Manufacturers and Exporters
  •  Simple & Easy Administration
  •  Better Control over System
  •  Higher Revenue for Government
  •  Relief in overall Tax Burden
  •  State level Taxes like:- Central Excise, Service
  •  Tax, VAT, octroi, Entry Tax, Purchase Tax,Luxury Tax will come to an end after GST

GST Administration:-

Both Central and State will control GST, Center will collect (CGST) and State will collect (SGST) for interstate goods movement Center will collect (IGST)

GST Registration Process:-

VAT/ Central Excise/ Service Tax payers will register with ID - GSTIN registration number based on PAN number

GST Payment:-

Electronic payment process, through net banking, RTGS/ NEFT/ Debit Card/Credit Card.

GST Returns:-

GSTR-1, GSTR-2, GSTR-3, GSTR-4, GSTR-5, GSTR-6, GSTR-7, GSTR-8, GSTR-9, GSTR-10