a. State the processes/steps to be performed for each of the following in Tally.ERP 9: Creation of ledgers Creation of groups/accounts heads Viewing list of accounts groups created Verify ledger accounts Creation of a new voucher type Creation of stock categories Creation of stock items Viewing ageing analysis reports Altering a voucher type Creation of a stock group b. Jobel Company Limited, an insurance brokerage firm, has been posting huge financial losses since the outbreak of the COVID-19 pandemic. The company is in the process of filing for bankruptcy due to the consistent fall of its share price, a situation solely attributable to the COVID-19 pandemic. At the last shareholders’ meeting before the pandemic, members voted massively for the introduction of a computerised accounting information system (CAIS) to automate the operations of the company. However, the key management members are clueless as to the key motivating considerations for the migration. As a computerised accounting information systems student, you have been approached by the Chief Executive Officer of the company for advice and direction. Required: Write a letter to the Chief Executive Officer discussing the the key motivating considerations for the migration and the extent to which the migration could impact the future operations of the company.
a. State the processes/steps to be performed for each of the following in Tally.ERP 9:
-
Creation of ledgers
-
Creation of groups/accounts heads
-
Viewing list of accounts groups created
-
Verify ledger accounts
-
Creation of a new voucher type
-
Creation of stock categories
-
Creation of stock items
-
Viewing ageing analysis reports
-
Altering a voucher type
-
Creation of a stock group
-
b. Jobel Company Limited, an insurance brokerage firm, has been posting huge financial losses since the outbreak of the COVID-19 pandemic. The company is in the process of filing for bankruptcy due to the consistent fall of its share price, a situation solely attributable to the COVID-19 pandemic. At the last shareholders’ meeting before the pandemic, members voted massively for the introduction of a computerised accounting information system (CAIS) to automate the operations of the company. However, the key management members are clueless as to the key motivating considerations for the migration. As a computerised
Required:
Write a letter to the Chief Executive Officer discussing the the key motivating considerations for the migration and the extent to which the migration could impact the future operations of the company.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
