Explain the accounting concepts, Accounting Basics

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Question 1 Write a short note on the following with example a. Activating budgets b. Reversing journals c. Memorandum vouchers d. Optional vouchers e. Creating Bill of Materials

Question 2 How to create masters in Tally.ERP 9 for Service Tax?

Question 3 Explain the types of Excise Duties. What are the methods of valuation of goods considered for the assessment of duty as per the Central Excise Act, 1944?

Question 4 Explain the Accounting Concepts.

Question 5 Explain the features of Tally.NET. Also explain how do you create and authorize Remote users

Question 6 Write a short note on the following with example:

  • Creating single stock group
  • Displaying stock group
  • Creating single stock category
  • Altering stock category

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