Skip to main content

M S Office

Start Shortly MS office Blogs

Popular posts from this blog

About ITT Council, Delhi

About ITT Council, Delhi ITT COUNCIL, Delhi is a registered under Government of India, working in the field of Appointing vocational trainings Center related to Computers, Accounting, Technical Education and Entrepreneurship Development. Provide Education in Information and Technical Education and its related activity in India and out of India Also ITT COUNCIL, Delhi Take Online and offline Examination and provide Diploma, Short Term, Long Term, Courses and Degrees for Completion of IT and Technical Education and establish Education Campus.ITT COUNCIL, Delhi has taken up the initiative to promote local entrepreneurs to set up institute for providing vocational trainings to the students for their skill development.

Great philosopher & scientist of all time Albert Einstein once said "Imagination is more important than knowledge, knowledge is limited ,imagination encircles the world".These words of great visionary inspired us to start our board Information Technology and Tec…

Open Existing Company in Tally.ERP9

Open Existing Company (Select Company)

Select Company-From The Company Info. MenuSelect the Option  Select Company by Pressing “S” Key or double Clicking at Select Company Option Open Existing Company

Details Groups of Accounts Part 2

Details Groups of Accounts Part 2 3.  Current Liabilities - Accounts like Outstanding Liabilities, Statutory Liabilities and other minor liabilities can be created directly under this group. Sub-groups under Current Liabilities are Duties and Taxes, Provisions and Sundry Creditors
a)  Duties and Taxes - Duties and Taxes contain all tax accounts like VAT, MODVAT, Excise, Sales and other trade taxes and the total liability (or asset in case of advances paid) and the break-up of individual items.b) Provisions - Accounts like Provision for Taxation, Provision for Depreciation and so on are recorded under Provisions.c)  Sundry Creditors -  You can open ledger accounts of trade creditors of the company  Ex. Supplier of the company  ( Purchased Goods on Credit )4. Fixed Assets -This is a primary group, you can open ledger accounts such as furniture, vehicle, Building, Plant & Machinery of the company. 5.  Investments - Group your investment accounts like Investment in Shares, Bonds, Govt. s…