#LEARN TALLY ERP 9 NOTES PDF#
Thus, on any date, the total of all debits must be equal to the total of all credit because every debit has a corresponding credit. View TALLY ERP 9 PDF NOTES.pdf from ERP 9 at Harvard University.
This method of writing every transaction in two accounts is known as Double Entry System Of Accounting of the two accounts, one account is given debit while the other account is given credit with an equal amount.
#LEARN TALLY ERP 9 NOTES SOFTWARE#
Tally ERP9 Accounting Software free Download A product that is tailor-made.
For Example, when we purchased goods for cash, we received goods and give cash in return, similarly in a credit sale of goods, goods are given to the customer and customer becomes debtor for the amount of goods sold to him. Learn Tally in 21 Days PDF Notes Free Download. We have seen earlier that every business transaction has two aspects, i.e., when we received something we give.
So that it may be used by manager, owners and other parties. Tally definition in Hindi : Tally financial transaction / / (Calculation). such accounting records are required to be maintained to measure the income of the business, communicate the information. Tally erp 9 notes in english pdf free download with examples, GST Voucher Entry. In other words an account is a systematic record of all transaction relating to a person, an asset, a liability, an expense or an income. The main purpose of accounting is to ascertain profit or loss during a specified period, to show financial condition of the business on a particular date and to have the control over the firm‟s property. Some Text from the Tally Notes PDF Accounting:
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