#e-bill

Introduction  to Tally

Tally is a complete system for business accounting and inventory management. It provides various facilities like Govt. supported formats, multilingual operations, online functions and processing for small, medium and big businesses. The present version of Tally has many advanced features like better data migrating, payroll management, TDS, TCS, job costing and point- of sale invoicing etc. Let’s look at Tally Basics.

Need for computerized Accounting

Its need arises from the benefits of speed, accuracy and lower cost of handling the business transactions. Also, it has the capability to record a large number of transactions with speed and accuracy. It allows quick and quality reporting because of its speed and accuracy.

Manual accounting system requires large storage to keep accounting records, and vouchers. The requirement of books and stationery and books of accounts along with vouchers and documents is dependent on the volume of transaction.

Features of  Computerized Accounting Environment

This Accounting System and its awareness among entities have become a necessity in the present  environment Businesses of whatever field and size are shifting from the practice of maintaining accounts manually. The manual process is more time-consuming and exposed to human error.

Storage and retrieval of data and generation of a report cannot be ensured in real time in the traditional system. There is a need to shift to computerized accounting systems.  They have empowered business to project accurate information of financial performance.

Simple and Integrated: It helps all businesses by automating and integrating all the business activities. Such activities may be sales, finance, purchase, inventory, and manufacturing etc. It also facilitates the arrangement of accurate and up-to-date business information in a readily usable form.

Accuracy & Speed: computerized accounting has customized templates for users which allow fast and accurate data entry. Thus, after recording the transactions it generates the information and reports automatically.

Scalability: It has the flexibility to record the transactions with the changing volume of business.

Instant Reporting: It can generate a quality report in real time because of high speed and accuracy.

Security: Secured data and information can be kept confidential as compared to the traditional accounting system.

Quick Decision Making: This system Generates real-time, comprehensive MIS reports and ensures access to complete and critical information, instantly.

Reliability: It generates the report with consistency and accuracy. Minimization of errors makes the system more reliable.

Hi, This is Deepti and currently associated with DICS Institute . This institute is located at near Laxmi Nagar.

पुरानी Gold ज्वेलरी पर टैक्स वसूलने की तैयारी, देना पड़ सकता है 3% GST

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Gold

अगर आपके पास पुरानी गोल्ड ज्वेलरी है और आप उसे बेचकर कुछ मुनाफा कमाना चाहते हैं तो ये खबर जरा ध्यान से पढ़िए, क्योंकि गोल्ड ज्वेलरी को बेचने से मुनाफा होगा या नहीं, लेकिन उसपर GST के रूप में टैक्स जरूर चुकाना पड़ सकता है. GST काउंसिल की अगली बैठक में इस पर जल्द ही फैसला हो सकता है.

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I was grown up in an era where having a telephone at home was considered as a status symbol in our society. I still remember when my father got his official residential phone after becoming the head of administration of his organization roughly four years before his retirement. Every two months a clear bill used to get dropped in our letter box by the postman. My father used to pay it within due date, always. No failure on either side, my father was never a defaulter!

Fast forward 20 years - we have “Grown”. Now the family is split in three geographical locations in different cities around the globe and we as a family use, four landline and nine mobile phones from six different telecom service providers. This is apart from the three different broadband Internet connections our homes are having. At least 10 to 20 percent of our monthly spending goes in keeping all these conductivities live. Telecom sector should consider units like ours as their “opportunity” and really try to keep us happy. My expectation here is simple, like every other service provider, municipality, electricity etc. they should post a bill and I pay the due and not become a defaulter.

Unfortunately that seems not the case with the telecom providers, at least the new generation ones I deal with. In the name of being “green” they stop sending me the bill completely ignoring my option for a paper bill. Every month I spend nearly 40 mins to 1 hour to run through the same iteration:

Call the customer support

They lie that that the bill has been sent

Then verify my address suggest me to move to e-bill

Register request for a duplicate bill

Not doing anything in first round about the request

Receive an escalation 

Then mail a duplicate bill.

While the operators want me to become “green” by opting for e-bill, they never tell that they are increasing profit by reducing printing and postal cost that way. They want me to

Closely watch my e-letter box for their mailer - use their broadband more that way.

When it arrive text for e-bill password - use their sms service more that way.

Open the bill using the password

Take print out or save the email and write the corresponding password somewhere for future reference in case of an unforeseen litigation.

Pay them if the bill is flawless or else get into another iteration for correction of bill for their “errors” which are induced by some “algorithm”.