Computerized Accounting
Computerized Accounting
Overview
This course is designed for aspiring accountants, finance students, and small business owners who want to transition from manual bookkeeping to automated financial management. By mastering these three industry-standard tools, students gain a competitive edge in local and international job markets.
1. Tally Prime / ERP 9
Known as the powerhouse of accounting in South Asia and the Gulf, Tally is essential for high-volume data handling.
Key Skills: Ledger creation, multi-location inventory management, GST/VAT compliance, and complex payroll processing.
Best For: Manufacturing firms and large-scale distribution businesses.
2. QuickBooks
QuickBooks is the global leader for small to medium-sized enterprises (SMEs), favored for its user-friendly interface.
Key Skills: Bank reconciliation, automated invoicing, cloud accounting, and generating “one-click” financial reports.
Best For: Service-based businesses, freelancers, and startups.
3. Peachtree (Sage 50)
Peachtree is a robust system known for its strong audit trails and detailed project costing features.
Key Skills: Advanced job costing, vendor management, fixed asset tracking, and customized financial statement design.
Best For: Construction companies and businesses requiring strict internal controls.
Why Take This Course?
Versatility: You won’t be limited to one software; you’ll be able to work in any office environment regardless of their chosen platform.
Efficiency: Learn to automate tasks that take hours manually, such as balancing trial balances or generating cash flow statements.
Career Growth: Graduates often find roles as Accounts Executives, Payroll Managers, or Freelance Bookkeepers on platforms like Upwork and Fiverr.
Software # 1
Quickbooks Online
- Create Account on Quickbooks Online
- Update Company Profile
- Update Sales Settings
- Advanced Settings
- Manage Users
- Maintain Sales Tax & Income Tax
- Create Chart of Accounts
- Create New Customers
- Create New Vendors
- Create New Inventory / Products
- Import Customers/Vendors/Products
- Create Purchase Order
- Create Bills & Payment of Bills
- Create Supplier Credit
- Payment of Expenses
- Create Estimates
- Receive Payment from Customers
- Create Sales Receipt
- Create Credit Note
- Create Refund Receipt
- Payment of Sales Tax
- Transfer Money & general Journal Entry
- Check Reports
- Check Reports
Software # 2
Quickbooks Desktop
- Create a New Company
- Create, Edit & Delete Chart of Accounts
- Create, Edit & Delete General Journal Entry
- Create, Edit & Delete Banking Transactions
- Create Inventory Items
- Edit & Delete Inventory Items
- Create, Edit & Delete Customers
- Create, Edit & Delete Vendors
- Create Cash Sale Receipt
- Create Sales Invoice (Credit Sales)
- Receive Payment from Customer
- Create Estimates or Quotes
- Create Sales Order
- Sales Order Fulfillment Worksheet
- Create Credit Memo
- Change Item Prices & Customer Statement
- Income Tracker
- Create Purchase Order
- Receive Items & Enter Bills
- Receive Items & Enter Bills for Received Items
- Payment of Bills
- Payment of Expenses
- Assembling
- Bank Reconciliation Statement
- Backup & Restore
- Reminers, Find & Customise Forms
Software # 3
Tally
- Create New Company
- Alter & Delete Company
- Create Single Groups
- Create Multiple Groups
- Create Ledgers
- Enter Opening Balances in Ledgers
- Introduction to Accounting Vouchers
- Accounting Vouchers Entry (Part - I)
- Accounting Vouchers Entry (Part - II)
- Accounting Vouchers Entry (Part - III)
- Inventory - Creating Stock Category
- Inventory - Creating Stock Items
- Godown or Location
- Stock - Enter Opening Balances
- Stock - Prepare Sales & Purchase Voucher with Stock Items
- Inventory Voucher: Receipt & Rejection in Vouchers
- Delivery Not, Rejection Out, Stock Journal & Physical Stock
- Purchase Order & Sales Order
- Alter & Delete a Voucher
- Post Dated Entry
- Enter Sales tax & Print a Voucher
- Reports: Balance Sheet, Profit & Loss Account, Stock Summary, Ratio Analysis
- Reports: Trial Balance, Day Books, Cash/Fund Flow
- Statement of Accounts, Outstanding Receivables & Payables
- Reports: Inventory Books
- Multiple Currency
- Bank Reconciliation Statement
- Payroll: Creating Payroll Heads
- Payroll: Creating Employees
- Payroll: Payment to Employees
- Accounting for Assembly Business
- Securoty Control
- Backup & Restore
Software # 4
Peachtree
- Create a New Company
- Create Chart of Accounts with Beginnig Balances
- General Journal Entries
- Inventory with Beginning Balances
- Customer with Beginning Balances
- Sales Tax (Create, Edit & Delete)
- Quotations
- Create Sales Order from Quotes
- Create Sales Invoice Against Sales Order
- Cash Receipt from Customer
- Create Credit Sales
- Vendor: Create, Edit and Delete with Beginning Balances
- Create Purchase Order
- Purchases with & without Purchase Order
- Payment to Vendor
- Vendor Credit Memo (Purchase Return)
- Payroll Setup Wizard
- Create Employees
- Paying Salaries to Employees
- Assembly
- Backup & Restore
