HSC IT PRACTICALS -2023-24
STREAM: COMMERCE
3. COMPURISED ACCOUNTING WITH GST
SOP 1:
STEP 1: Creation of Company
Company Creation:
• Open Tally ERP9 >> Tap on “W: Work in Educational Mode”
• Company Info>> Click on Create Company
• Create a company in the name of M/s Bitwise Trading Company with the
given details.
• Enter the details such as Name, Address, State, Website, Email-Id and Financial
year begins on 01/04/2020.
• Click on Enter, it will ask to Accept the details of the Company
• Click on “YES” to Accept and save the details.
Enabling the Features:
• Go to Features or Click F11
• Inside “Company Features”>> Click on “Accounting Features”
• Click on “Accounts with Inventory” >> Type Yes
• Click on Enter, it will ask to Accept the changes
• Click on “YES” to Accept and save the changes.
STEP 2: Creation of Ledger
• Inside Gateway of Tally
• In the Masters>> Click on “Account Info”
• Click on Ledger>>Under “Single Ledger” Category select “Create”
• Create the Ledgers with following List of Groups:
Ledger Under Groups
Capital A/c Capital Account
Purchase A/c Purchase Account
Sharda Steel A/c Sundry Creditors
Salary A/c Indirect Expense
Bank A/c Bank Accounts
Sales A/c Sales Account
Machinery Fixed Asset
Interest A/c Indirect Income
• To view the list of ledgers: Account Info>>Ledger>>Single Ledger>>Display
STEP 3: Voucher Entries
• To view the list of vouchers types: Masters >> Account Info>> Voucher Types
>> Display
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
STEP 1 : CREATE NEW COMPANY
i) Create a new company in the name of M/s Bags and Baggage Traders with the given
address and pin code, financial year begins on 1/04/2019.
ii) Enable GST features by selecting Features (F11) -- Statutory and Taxation -
Enable Goods and Service Tax(GST) -yes
Set/alter GST details - Yes.
Type State Maharashtra, GSTIN 27STUVW1234C2Z1
STEP2: CREATE THE FOLLOWING LEDGER ACCOUNTS.
Accounts Info Leger Single Create
Ledger Group Details to be filled
Purchases Purchase Accounts 1. Is GST Applicable – ‘Applicable’,
Leather 2. Set/Alter GST Details – ‘Yes’,
Handbags 3. Nature of transaction– ‘Purchase
A/C Taxable’, (from configuration
make yes to ‘Show all GST tax types’)
4. Type Integrated tax as ‘28%’ then
Central Tax and State Tax will
automatically reflects as ‘14%’
and ‘14%’ respectively;
5. Type of supply –‘Goods’)
After Set/Alter GST Details – ‘Yes’,
GST Details Screen will appear select
Nature of transaction – ‘Purchase Taxable’
GST Details-> Nature of Transaction->
Purchase Taxable Show all GST
tax types -> Yes
Tax type - Integrated Tax - 28%; then Central Tax and State Tax will automatically
reflect as ‘14%’ and ‘14%’ respectively. Cess 0% and then press Enter Key
Ledger Group Details to be filled
Sales Leather Sales Account 1. Is GST Applicable – ‘Applicable’,
Handbags 2. Set/Alter GST Details – ‘Yes’
3. Nature of transaction – ‘Sales
Taxable’ (from configuration make
yes to ‘Show all GST tax types’)
4. Type- Integrated tax as ‘28%’
then Central Tax and State Tax will
automatically reflects as ‘14%’
and ‘14%’ respectively;
5. Type of supply – ‘Goods’
Same Steps to be followed for creating Sales Leather Handbags
SGST A/c Duties and Taxes 1. Type of Duty/Tax - ‘GST’,
2. Tax Type – ‘State Tax’,
3. Percentage of Calculation – ‘0%’
CGST A/c Duties and Taxes 1. Type of Duty/Tax - ‘GST’,
2. Tax Type – ‘Central Tax’,
3. Percentage of Calculation – ‘0%’
M/s Sundry Debtors Fill the details with PIN code
Shoppers
Stock
Genuine Sundry Fill the details with PIN code
Leather Creditors
Bags
STEP.3. CREATE INVENTORY DETAILS :
(a) Create Units of Measure
Gate of Tally Inventory/Inventory Info Unit of Measure Create
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
GST Details for Stock Groups:
Bags
Taxability : Taxable
Tax Type : Rate
Integrated Tax : 28%
Cess : 0%
(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
GST Details for Stock Items:
Bags
Calculation type :Onvalue
Taxability : Taxable
Tax Type : Rate
Integrated Tax : 28%
Cess : 0%
STEP 4. CREATE PURCHASE AND SALES VOUCHERS :
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 :
1) Tax Invoice i.e. Sales Invoice- Reports Display Day Book
Sales Voucher
2) GST Reports Display Statutory Reports GST GSTR2
iii) GST Annual Computation in Pdf form(print mode)
Sales Tax Invoice
GSTR 2
SOP- 3
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 :
Company name: M/s Swastik Garment Supplier.
Company Address: M.G.Road Industrial Estate, Aurangabad ,
Maharashtra pin code431001.
Website: www.swastikgarment.com
Email Id: [email protected]
GSTIN:. 27KLMNA4321V1Z2
Enter the following transactions in appropriate vouchers using by applying GST.
Print GST computation Report and Tax Invoice
1) On 01/07/2017 purchased 150 pieces of T-shirt @ Rs.450 per piece, with GST 12% from M/s
jalaram Textile, 1/05 Sector B , Gandi nagar , Aurangabad Gujarat , Pin code 382010.
2) On 02/07/2017 Sold 100 pieces of T-shirt @Rs.600 per piece, GST 12%, to M/s Dress Align
Garment , Shridi Ahmednagar , Maharashtra - 432107.
Print GST Computation Report and sales Tax invoice
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
STEP 1 : CREATE NEW COMPANY
i) Create a new company in the name of M/s swastik Garment Supplier, College road , Nashik,
Maharashtra 422005 with the given address and pin code, financial year begins on
1/04/2017.
ii) Enable GST features by selecting (F11) -- Statutory and Taxation -
Goods and Service Tax(GST) -
Set/alter GST details - Yes.
Type State GSTIN 27KLMNA4321V1Z2
STEP2: CREATE THE FOLLOWING LEDGER ACCOUNTS.
Accounts Info Ledger Single Create
Ledger Group Details to be filled
Purchases Purchase Accounts 1. Is GST Applicable – ‘Applicable’,
A/C 2. Set/Alter GST Details – ‘Yes’,
3. Nature of transaction– ‘Purchase
Taxable’, (from configuration
make yes to ‘Show all GST tax types’)
4. Type Integrated tax as ‘28%’ then
Central Tax and State Tax will
automatically reflects as ‘14%’
and ‘14%’ respectively;
5. Type of supply –‘Goods’)
Sales A/C Sales Account 1. Is GST Applicable – ‘Applicable’,
2. Set/Alter GST Details – ‘Yes’
3. Nature of transaction – ‘Sales
Taxable’ (from configuration make yes to
‘Show all GST tax types’)
4. Type- Integrated tax as ‘28%’
then Central Tax and State Tax will
automatically reflects as ‘14%’ and ‘14%’
respectively;
5. Type of supply – ‘Goods’
SGST A/c Duties and 1. Type of Duty/Tax - ‘GST’,
Taxes 2. Tax Type – ‘State Tax’,
3. Percentage of Calculation – ‘0%’
CGST A/c Duties and 1. Type of Duty/Tax - ‘GST’,
Taxes 2. Tax Type – ‘Central Tax’,
3. Percentage of Calculation – ‘0%’
M/s Sundry Debtors Fill the details with PIN code
Dress
Align
Garment
M/s Sundry Creditors Fill the details with PIN code
Jalaram
textile
IGST Duties and 1. Type of Duty/Tax - GST,
Taxes 2. Tax Type - Integrated tax ,
3. Percentage of Calculation 0%
STEP.3. CREATE INVENTORY DETAILS :
(a) Create Units of Measure
Gate of Tally Inventory/Inventory Info Unit of Measure Create
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
GST Details for Stock Groups: Garments
Taxability : Taxable
Tax Type : Rate
Integrated Tax: 12%
Create Stock Item/Product as ‘T-Shirt’ with GST rate 12%
Gate of Tally Info Stock Item -
Name T-shirts
Under Primary
Units Pcs
GST Applicable Applicable
Set/alter Yes
Types of Supply Goods
GST Details for Stock Items: Bags
Calculation type : Onvalue
Taxability : Taxable
Tax Type : Rate
Integrated Tax : 12%
Cess : 0%
STEP 4. CREATE PURCHASE AND SALES VOUCHERS :
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 :
Accounting Vouchers > Select Sales Voucher > Enter Voucher
• Date as 02/09/2017
• Party’s name field : M/s Dress Align Garment
• Sales Ledger field – Select Sales Voucher
• Select Name of the item/product as T-shirts
• Enter Quantity 100 units and Rate Rs.600
• Select ‘SGST’
• Select ‘CGST’
• Save/Accept
STEP 5. DISPLAY REPORTS :
1) Tax Invoice i.e. Sales Invoice- Reports Day Book
Voucher
2) GST Reports Display Statutory Reports GSTR2
ii) GST Annual Computation in Pdf form(print mode)
4. Database Concepts Using LibreOffice
Base
SOP 1:-
Create a table student with fieldnames- roll no, stud name, class, div,
city, dob etc.
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
