JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD

Course Objectives:

• To understand the Accounting groups & Inventory vouchers.
• To learn about taxation aspects in Tally.
• To understand voucher entries using tally.
• To know the payroll system is in Tally.
• To understand the reports.

Course Outcomes

Students will be able to

• Create the accounting groups.
• Able to perform the inventory data in software.
• Adopt Goods and Services Tax, tax deducted at source, professional tax in Accounting
• Enter the payroll system using Accounting Software.
• Generate the financial report and stock report of a company.

UNIT - I: Accounting Groups in Tally

Charts of groups, groups, multiple groups, ledgers, multiple ledgers.

UNIT - II: Inventory and Vouchers in Tally

Stock Group, Multiple stock group, stock categories, multiple stock categories, unit of measures, stock items. Introduction to vouchers, types, chart, accounting, inventory, invoicing.

UNIT - III: Tax in Tally

TDS, TDS Reports, GST, GST Returns, Professional Tax.

UNIT - IV: Payroll Accounting in Tally

Employee creation, salary define, employee attendance, register, pay head creation, salary report.

UNIT - V: Generating Reports in Tally

Financial statements, trading, profit and loss a/c, balance sheet, inventory report, payroll report, stock summary.

Suggested Readings:

• Joy Dhingra, Good and Service Tax, Kalyan Publishers, 2022.
• Neeraj Goyal, Tally, Kalyani Publishers,2018.
• Jeff Lewis,The Book You Need Before You Buy That Accounting Software,Evolve Instant ,2014
• Neeraj Goyal, Accounting Software, Kalyani Publishers,2018.
• Neeraj Goyal and Rohit Sacheva, Tally with GST Applications, Kalyani Publishers,2018.
• Shraddha Singh, Tally ERP 9 (Power of Simplicity), V&S Publishers,2015. BBA SEMESTER – II