FAIRFIELD INSTITUTE OF MANAGEMENT AND TECHNOLOGY
BASIC ACCOUNTING AND SOFTWARE LAB
Subject Code: 211
NAAC ACCREDITED
SUBMITTED TO: SUBMITTED BY:
Name of the Faculty: NAME: ROMIL
Ms. UMA ENROLLMENT NO:02251488822
COURSE: B.COM(HONS)
SEMESTER: 3rd
ACKNOWLEDGEMENT
I take this opportunity to express my profound gratitude and deep
regards to my guide (MS. UMA) for her exemplary guidance,
monitoring and constant encouragement throughout the course of
this project.
I also hereby declare that the project work entitled “ BASIC
ACCOUNTING SOFTWARE (TALLY LAB) FILE” under the guidance
of MS. UMA.
ROMIL
B.COM(HONS)
3rd SEM
2
CERTIFICATE
This is to certify that the project titled “( TALLY LAB FILE)” is an
academic work done by (ROMIL) submitted in the partial fulfillments
of the requirements of the degree of bachelor of commerce (hons.)
at Fairfield Institute of Management and Technology, New Delhi.
TEACHER’S SIGNATURE
MS. UMA
3
S.NO. TOPIC PAGE
NO.
1. FRONT PAGE 1
2. ACKNOWLEDGEMENT 2
3. CERTIFICATE 3
4. INDEX 4
5. PRACTICAL 1 5-8
6. PRACTICAL 2 9-10
7. PRACTICAL 3 11-14
8. PRACTICAL 4 15-18
9. PRACTICAL 5 19-25
10. PRACTICAL 6 26-30
11. PRACTICAL 7 31-33
INDEX
4
PRACTICAL-1
Aim: to create a company in the tally accounting
software
Step1: In the opening menu, select "Create
Company".
5
STEP2: FILL THE FOLLOWING DETAILS AND GIVE YOUR
CONFORMATION BY PRESSING “Y” OR ANY OTHER KEY
6
:
STEP 3: YOU CAN CHECK YOUR COMPANY IN THE LIST OF
COMPANIES .HENCE YOUR COMPANY HAS BEEN CREATED.
7
8
Practical -2
Aim: To shut down the company.
9
Step1:
Step2: press enter for the conformation
for shutdown of the company.
10
Practical -3
Aim: to create the profit and loss
account, balance sheet.
11
Question:
Step1: create accounts in the ledger
12
Step2: go to gateway of tally and then select
balancesheet. Therefore your balancesheet is
automatically created.
13
Step3: then select profit and loss account for checking the
balances.it has been created automatically as the
balancesheet.
14
Practical-4
Aim: creating ledger and understand for
they are made for?
Step1:open you company that you have created.
15
Step2: then select accounting info as next step appered one
after another.
16
Step3:then select create to the account under the head or
subhead.
Step4:fill the required details correctly.
17
Step5: you can check in display whether your account is
created or not.
18
Practical-5
Aim: Introduction to accounting
vouchers
19
Payment vouchers
F5 is the key to open the payment accounting voucher
20
Receipt voucher
“f6” is the key to enter or open the receipt accounting
voucher.
21
Journal voucher
“f7” is the key to enter open the journal accounting voucher.
22
Sales voucher
“f8” is the key to enter or open to the sales accounting
voucher.
23
Purchase voucher
“f9” is the key to enter or open the purchase accounting
voucher.
24
Contra voucher
“f4” is the key to enter or open the contra accounting
voucher.
25
Practical-6
Aim: To maintain or create cashbook in
tally accounting software.
26
Illustration 1 Enter the following transactions in the cash
book of M/s. Rohan Traders: Date Details Amount (Rs.)
2017
April 01 Cash in Hand 27500
April 05 Cash received from Nitu 12000
April 08 Insurance Premium paid 2000
April 10 Furniture purchased 6000
April14 Sold Goods for cash 16500
April 18 Purchased Goods from Naman for cash 26000
April 22 Cash paid to Rohini 3200
April 25 Sold Cash received from Nitu Goods to Kanika for cash 18700
April 28 Cash Deposited into Bank 5000
April 30 Rent paid 4000
April 31 Salary paid 7000
Step1: create ledger for the above described accounts
AND FILL THE OPENING BALANCE IF REQUIRED.
27
STEP2: PASS THE ENTRIES IN THE SUITABLE VOUCHERS,
ACCORDING TO THE NATURE OF THE Transactions.
28
29
Step3: after passing all the entries in the vouchers you can
check them all in “day book” or in “cash book”. Hence the task
is completed.
30
Practical-7
Aim: how to delete the company that you have
created.
31
Step1: open the company info by pressing “alt+f3”.
Step2: then select the company that you have to
delete and go to the alter section.
32
Step3: press “alt+d” and press entry and your
selected company have been deleted.
33
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