STD. XII Experiment No. 9 – SOP 2: Computerized Accounting with GST

    In this blog, we will walk through Experiment No. 9 – SOP 2: Computerized Accounting with GST, as prescribed in your practical journal.

Below, you will also find a copy-paste ready section to write directly in your Practical Journal. Make sure you fill in any blank fields such as your name, roll number, and date before submission.

✂️ COPY & PASTE THIS IN YOUR PRACTICAL JOURNAL

(Everything mentioned below can be directly copy-pasted/write in your Journal)

Experiment No. 9

Title: SOP2 - Computerised Accounting with GST

Step 1: Steps to create Company

1. Select the “Create Company” option from the Company Info Menu.

2. Enter all the details in company creation form.

3. On company feature dialog box set Yes to “Enable Goods and Service Tax(GST)” and enter GST details also set Yes to “Set/Alter Company GST rate and other details”

4. Press Enter key to accept and create the company.

Step 2: Steps to create Ledgers

1. Gateway of Tally -> Masters -> Create -> Accounting Masters -> Ledger

2. In the Ledger creation form, enter all the details and select the appropriate Group for the ledger.

3. Press Enter key to accept and create the Ledger.

4. By using above steps create following ledgers

Sr. No.	Ledger	Group
1	Purchase	Purchase Accounts
2	Genuine Leather Bags	Sundry Creditors
3	Input CGST	Duties & Taxes
4	Input SGST	Duties and Taxes
5	Sales	Sales Accounts
6	M/s Shoppers Stock	Sundry Debtors
7	Output CGST	Duties & Taxes
8	Output SGST	Duties and Taxes

Step 3: Steps to create Unit of Measure

1. Gateway of Tally -> Masters -> Create -> Inventory Masters -> Unit

2. Enter details under the Unit creation form and create Pieces as a unit.

Step 4: Steps to Create Stock Group

1. Gateway of Tally -> Masters -> Create -> Inventory Masters -> Stock Group

2. Enter details under the Stock Item Creation form and create ‘Handbags’ as a Stock group.

Step 5: Steps to Create Stock Item

1. Gateway of Tally -> Masters -> Create -> Inventory Masters -> Stock Item

2. Enter details under the Stock Item Creation form and create ‘Leather Handbags’ as a Stock Item

Step 6: Steps for voucher entry

1. Gateway of Tally -> Transactions -> Vouchers

2. Select the appropriate voucher type from the button panel on the right-hand side.

3. Select appropriate ledgers under Db/Cr and enter correct values in vouchers.

4. By using above steps enter the given transactions in appropriate vouchers.

Step 7: Steps to display Reports

1. Sales Tax Invoice

1. Gateway of Tally -> Display More Reports -> Day Book -> Sales

2. GSTR 2

1. Gateway of Tally -> Display More Reports -> Statutory -> GST Reports -> GSTR 2

Step 8: Steps to Print Reports

3. Sales Tax Invoice

1. Gateway of Tally -> Display More Reports -> Day Book -> Sales -> Ctrl+p

4. GSTR 2

1. Gateway of Tally -> Display More Reports -> Statutory -> GST Reports -> GSTR 2 -> Ctrl+p