Learning Tally in easy steps(Part I)t
Before we begin, we need to know the Basic Accounting Concepts,prior to start working with TALLY. This would definitely help in easier understanding of TALLY and several ACCOUNTING FUNDAAS... What is Accounting? Accounting can be defined as a process to maintain routine transactions in any field systematically. Maintenance helps us in following ways: 1. Future Prediction : i.e. one can judge how its business is going on and what measures can be taken out for the progress and betterment of it. 2. Error and Fraud Tracing : Systematic and Regular maintenance helps us to find out INVALID or ILLEGAL transactions or any kind of FRAUDS . What are Account and Accounts? Account is the individual entity which takes part in your business transactions. Account is also known as LEDGER and खाता in Hindi Accounts or Accounting books are actually a collection of Account (Ledger) which are ...