Professional Documents
Culture Documents
STREAM: COMMERCE
3. COMPURISED ACCOUNTING WITH GST
SOP 1:
Debit Credit
Date Voucher Type Particular Entries
Amount Amount
5,00,000
Dr. Cash
01/04/2019 Receipt
Cr. Capital A/c
5,00,000
20,000
Dr. Purchase A/c
01/04/2019 Purchase
Cr. Sharda Steel A/c
20,000
5,000
Dr. Salary A/c
02/05/2019 Payment
Cr. Cash
5,000
50,000
Dr. Bank of India A/c
01/06/2019 Contra
Cr. Cash
50,000
25,500
Dr. Cash
02/06/2019 Sales
Cr. Sales A/c
25,500
10,000
Dr. MachineryA/c
02/07/2019 Purchase
Cr. Cash
10,000
2,000
Dr. Cash
02/12/2019 Receipt
Cr. Interest A/c
2,000
STEP 4: To view various reports
To view Trial Balance - Display > Trial Balance > Detailed Trial Balance
1. To view Profit and Loss A/c – Reports >> Profit & Loss A/c
2. To view Balance Sheet - Reports >> Balance Sheet >> Detailed
3. To view Day Book - Display > >Day Book > >Detailed (Alt + F1)
SOP 2: TITLE: CREATION OF COMPANY APPLYING GST WITHIN STATE.
AIM:
With the help of any open source or free education version accounting software create a
company using following details :
Enter the following transactions in appropriate vouchers using by applying GST. Print GST
computation Report and Tax Invoice
1) On 01/08/2019 purchased 150 pieces of Leather Handbags @ Rs.2500 per piece, with GST
28% from Genuine Leather Bags, Sai Baba Nagar, D.P.Road, Navi Mumbai, Maharashtra, Pin
code 400039 with GSTIN 27LMNOP5678V2Z2.
2) On 02/09/2019 Sold 80 pieces of them @Rs.3500 per piece, GST 28%, to M/s Shoppers
Stock ,Pari Industrial Estate, Chiplun, Maharashtra, Pin code 415605 with GSTIN
27JKLMN4321C1Z2
Print GSTR-2 and Sales Tax Invoice
SOLUTION :
The above transactions clearly indicate that the purchase and sale both are within
Maharashtra State.
Therefore 28% GST is applicable as 14% SGST and 14% CGST
ii) Enable GST features by selecting Features (F11) -- Statutory and Taxation -
Enable Goods and Service Tax(GST) -yes
Type Simple
Symbol Pcs
Formal Name Pieces
Unit Quantity Code (UQC) PCS-PIECES
No of decimal places 0
Accept ---Yes
(b) Create Stock groups or Category as ‘Bags’
Gate of Tally Inventory/Inventory Info Stock Group Create
Name Bags
Under Primary
Should quantities of items be added? No
Set/alter GST Details Yes
(c) Create Stock Item/Product as ‘Leather Handbags’ with GST rate 28%
Gate of Tally Inventory/Inventory Info Stock Item -Create
Name Leather Bags
Under Bags
Units Pcs
GST Applicable Applicable
Set/alter Yes
Types of Supply Goods
1) Purchase Voucher:
Accounting Vouchers -> (Purchase Voucher) --> Type Voucher
Date as 1/04/2019
Supplier Invoice No.
Party’s name field : Genuine Leather Bags
Purchase Ledger field Select Purchase Leather Handbags
Select Name of the item/product as Leather Handbags
Enter Quantity as 150 and Rate Rs.2500
Select‘SGST
Select ‘CGST’
Save/Accept.
2) Sales Voucher :
Accounting Vouchers > Select Sales Voucher > Enter Voucher
Date as 02/09/2019
Party’s name field : M/s Shoppers Stock
Sales Ledger field – Select Sales Leather Handbags
Select Name of the item/product as Leather Handbags
Enter Quantity 80 units and Rate Rs.3500
Select ‘SGST’
Select ‘CGST’
Save/Accept
STEP 5. DISPLAY REPORTS :
AIM:
With the help of any open source or free education version accounting software
create a company using following details :
Company name: M/s Swastik Garment Supplier.
Company Address: M.G.Road Industrial Estate, Aurangabad ,
Maharashtra pin code431001.
Website: www.swastikgarment.com
Email Id: info@swastikgarments.com
GSTIN:. 27KLMNA4321V1Z2
SOLUTION :
The above transactions clearly indicate that the purchase is out of Maharashtra
State therefore Only IGST is applicable i.e. Integrated GST
Sale is within Maharashtra state, therefore. 12% GST is applicable as 06%
SGST and 06% CGST
Type Simple
Symbol Pcs
Formal Name Pieces
Unit Quantity Code (UQC) PCS-PIECES
No of decimal places 0
Accept ---Yes
(b) Create Stock groups or Category as ' T-Shirt ’
Gate of Tally Info Stock Group
Name T-shirts
Under Primary
Should quantities of Items be No
added?
Set/alter GST Details Yes
1) Purchase Voucher:
Accounting Vouchers -> (Purchase Voucher) --> Type Voucher
• Date as 1/04/2017
• Supplier Invoice No.
• Party’s name field : M/s Jalaram Textile
• Purchase Ledger field Select Purchase
• Select Name of the item/product as T-shirts
• Enter Quantity as 150 and Rate Rs.450
•
Select IGST
Save/Accept.
2) Sales Voucher :
Step 1-
• Open LibreOffice Base
• Create a table
• Open a database and from left pane click on 'Tables' icon
• From right pane click on 'Create table in Design View'
• A window will appear on the screen, type 'Field Name'
• Select 'Field type' ( field type means type of data to be stored in
that field
• In next column type the description about the field.
• In the bottom section in 'Field Properties' select 'Yes' for 'Entry
required' property.
• You can set default value and for numeric field types you can set
decimal places also. In this way create all fields.
• Right click on the small button present on the left side of the field
name which is decided as primary key and select 'primary key'
option.
• Click on 'Save' icon to save the table, type name for the table,
Click on 'ok'.
Insert minimum 8 records.
Steps
• Open a database, from left pane click on 'Tables' icon.
• In the right pane from bottom part double click on the name of
Table in which data is to be inserted.
• A window will appear on the screen, type data under each field
and
Complete one record; in this way add some records.
• Click on 'Edit Data' icon to make edit mode off, a window
will appear.
• Click on 'Yes' icon and click on 'close' button.
Create a form based on employee table.
Steps-
• Open a database, from left pane click on 'Forms' objects.
• From right pane click on 'Use Wizard to Create Form'.
• Select name of 'Employee Table' and shift fields from 'Available
fields' list to 'Fields in the form' list by clicking on arrow button then
click on 'Next' button
• Click on 'Next' button.
• Select any one arrangement for main form for placing the controls
(Ex-columnar labels left) and click on ‘Next’ button.
• Click on ‘Next’ button.
• Select style for the form , click on ‘Next’ button
• Type Name for the form , click on ‘Finish’ button