What is E-Accounting?

E-Accounting is a set of rules of recording financial data of the business at the end of the year it includes your financial statement, balance sheet, or cash flow which helps us to review the financial position of the business which helps to take the financial decision of the business.

Why tally accounting is important now?

In today’s world of business where everyone around us focuses on opening up, their business tally accounting helps us to record all the financial data of the business in an easier way to record the financial data of the business as to maintain the accounts.

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DIFFERENT VERSIONS OF TALLY

1. TALLY 3.0 – it is used for small businesses and supported by only Microsoft DOS

2. TALLY 3.12 –  it is just an updated version of tally 3.0

3. TALLY 4 – like above 2 it also supports Microsoft DOS and just slightly different

4. TALLY 4.5 – it functions faster than TALLY 4

5. TALLY 5.5 – it become popular during its launch due to its graphic interface

6. TALLY 6.3 – this version is supported by the window which leads it to support printing and VAT plus available with watertight security

7. TALLY 7.2 – this version is considered to be the fastest version of all the above versions supported by the VAT value complaint feature and many more

8. TALLY 8.1 –  this version added new features in tally such as module of POS and payroll feature

9. TALLY 9 – It includes newly added features which include excise, payroll, e- TDS filing facility, FBT, TDS

10 TALLY ERP 9.0 –  It is the latest version tally which is supported by all the businesses to record the financial data of their business it features include  GST calculations, multi-user login, transaction procedures, or remote access.

How To Download Tally Accounting Software…

1. Visit https://tallysolutions.com

2. Click on the option available on the top right side of the menu………………….. to know more

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Why Tally Course Important For Student As A Career.

Learning tally open up great career opportunity for students such as Tally operator, Accounts Assistant, Junior Accountant, Accounts Executive, Data entry operator, not all the above opportunities open up for students it also helps them to record the financial data for their own business help them to work as a freelancer

GST

GST is an indirect tax that merges all the indirect tax like comprehensive, multistage, destination-based tax, etc. it is introduced to domestically produced goods and tax would be calculated at the final stage of the product.

TYPES OF GST

1. CGST –  Central Goods and Services Tax

2. SGST – State Goods and Services Tax

3. IGST – Integrated Goods and Services Tax

HOW GST IS CALCULATED??

1. In the case of Intra-State transactions, GST can be calculated as follows:

CGST = Applicable GST Rate / 2 (for 28%, CGST will be 28/2=14%)

SGST / UTGST = Applicable GST Rate / 2 (for 28%, SGST will be 28/2=14%)

2. In the case of Inter-State transactions, GST can be calculated as follows:

IGST = Applicable GST rate

FEATURES OF GST

1. Destination based Taxation

2. Multiple Rates

3. Applicable On the supply side

HOW WE CAN GET GST NO.

 To get the GST number, you need to apply for GST registration by visiting the GST portal i.e., www.gst.gov.in. To start the process, you will need to have a valid email address, mobile number, and a PAN for the business.

 TO KNOW MORE VISIT ………………..

BEST TALLY ACCOUNTING COACHING INSTITUTE IN DELHI ON THE BASIS OF GOOGLE RANKING

1. Tally Training Academy – 4.9 rating with 48 Google reviews

2. Best Tally & GST Training Institute – 4.8 rating with 84 Google reviews

3. DMTE – 4.8 rating with 117 Google reviews

4. Attitude Tally Academy – 4.8 rating with 105 Google reviews

5. Tally Training Academy – 4.7 rating with 119 Google reviews

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