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Tally Prime Full Course Notes PDF Free Download
Tally Prime
Accounting Fundamental
Definition of Accounting
Accounting is the process of identifying, recording, classifying, and reporting information on financial transactions in a systematic manner for the purpose of providing financial information for decision-making.
Types of Accounts
There are basically three types of Accounts maintained for transactions
Personal Account
Real Account
Nominal Account
Personal Account: Any individual person or any firm or company or bank is considered in a Personal account.
For example:-
Rajesh Singh
Muna Enterprise
Wipro Pvt Ltd
PNB Bank
Capital etc.
Real Account: Account of any physical things. The cash account or goods account are examples of Real accounts.
For example:-
Cash
Land
Building
Furniture
Computer etc.
Nominal Account: Account of any invisible things that means that things are in terms of cash are examples of Nominal accounts.
For example:- Discount, Commission, Salary, wages, Freight etc.
Create a New Company: Super_Voucher
All entries which you made in these given accounting vouchers affect the current accounting of your business.
F4: Contra
Cash is deposited into the bank and cash were withdrawn from bank entries.
F5: Payment
Cash and cheque payments including cash and bank purchase entries.
F6: Receipt
Cash and cheque received including cash and bank sales entries.
F7: Journal
All non-cash transaction entries.
F8: Sales
Only credit sales entries.
F9: Purchases
Only credit purchase entries.
Alter + F7: Stock Journal
Stock transferred and production entries.
| Author | – |
| Language | English |
| No. of Pages | 15 |
| PDF Size | 3 MB |
| Category | Book |
| Source/Credits | drive.google.com |
Tally Prime Full Course Notes PDF Free Download
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