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The course also covers revenue and expense recognition issues, and generally accepted accounting principles that affect the format and presentation of the financial statements. Understand what is an accounting cycle, Understand the rules for the accounting. Understand journal entries. Understand ledger posting method. Understand what is income statement. Understand what is balance sheet. Introduction to Tally.ERP 9. Features of Tally. Enhancement in Tally.ERP 9. Installation Procedure of Tally.ERP 9. Tally.ERP 9 Screen Components. Creating a Company. Stock and Godwon in Tally. Stock Groups. Stock Categories. Stock Items. Units of Measure. Godowns. Groups, Ledgers, Vouchers and Orders. Introducing Groups. Introducing Ledgers. Introducing Vouchers. Introducing Purchase Orders. Introducing a Sales Order. Introducing Invoices. Reports in Tally.ERP 9. Working with Balance Sheet. Working with Profit & Loss A/c Report. Working with Stock Summary Report. Understanding Ratio Analysis. 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