Accounting Introduction
Introduction to Accounting Objective :● What is accounting? ● What is the importance of accounting? ● Definition of accounting ● Accounting rules and rewards
Accounting :Accounting is a process that involves understanding, recording, summarizing and reporting the business’s financial information, which makes it easier to make decisions in terms of financial statements.
Advantages of Accounting :Advantage of the following accounting – 1) By accounting we can understand that there is a profit or loss in a particular period. 2) We can understand the financial position of business ● There are so many properties in business ● How much is the loan on business. ● How many capital is there in business
Definition In Accounting :While learning accounting , we have to use certain words regularly. So first we understand the meaning of these words –
1) Goods: – Goods are bought and sold mainly in the business. For example – in a grocery store there are soaps, oils good. Depending on the purchase of profits and the sale of goods. 2) Assets: – Assets are valuable things that are necessary for business and business wealth. For example – Building, Weekel, Machinery, Furniture. 3) Liabilities: – Liability is given to business by others. For example – loan taken from the bank, purchase of goods on credit.
4) Capital: – Capital is the capital invested by the business owner. It is in the form of a capital cash, goods or assets. When this capital is invested by the business owner, then according to the business, this capital is also a liability. 5) Debtor: – The business which has to take a certain amount of money, is called Debtor. 6) Creditor: – Those who have to pay certain amount to our business are called creditors.
7) Business Transaction: – A financial event that is related to business and whose impact falls on the financial position of the company. For example – Selling goods on the purchase, salaries and credit of goods. 8) Cash Transaction: – Transactions that are made in cash are called cash transactions. 9) Credit Transaction: – The transactions that are done on the transaction credits are called credit transactions.
10) Account: – Account is a statement of any transaction, which affects any assets, liabilities, income or expense. 11) Ledger: – The laser is a book in which all accounts of personal, real or nominal are held, which are in the journal of the journal or assistant.
CBitss Technologies is the best place that provides Accounting courses in Chandigarh. CBitss Technologies is located in the beautiful city of Chandigarh. Chandigarh is the center of education, so many students from different places or states come to study and make their career bright.
Features of Tally ERP 9 New features in Tally ERP 9 have been included – Remote Access: Tally ERP 9 provides the ability to access data via remote from anywhere. The user creates remote user IDs from this scrawl, authorizes and removes access to remote access.
NET (read as Tally.NET) Tally.NET creates a favorable environment by default, which works backwards to facilitate various services based on the Internet. Each Tally EAP9 is enabled for this .NET service. Tally.Net offers the following services / capabilities – Tally.NET FEATURES:
● Creating and maintaining a remote user ● Remote access ● Remote Center ● sport Center ● Synchronization of data through Tally (.NET) ● Product Updates and Upgrades ● Simplified Installation process
Control Centre ● Control Center This new feature has been included in the Tally ERP 9. This utility interfaces differently between the installed telly and the user. With the help of the control center you – ● Can make a student with the predetermined security level ● Centrally Tally ERP 9 can manage and configure ● Surrender on the site, Confirm or Reject ● Can maintain account related information
CBITS Technologies provides Tally training in Chandigarh. This is a professional course that is useful for existing Tally users who already work on the Tally, also enhances their talent skills. Tally courses in Chandigarh are also for students going to college and professionals working in the field of accounting and finance.
(+91) 9988741983 counselor.cbitss@gmail.com SCO 23-24-25, Sector 34A Chandigarh, IN 160022
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