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Showing posts from March, 2025

What is GST?

  What is GST? GST (Goods and Services Tax) is an indirect tax levied on the supply of goods and services in India. It replaced multiple indirect taxes like VAT, service tax, excise duty, etc., and is a comprehensive, multi-stage, destination-based tax. GST is divided into three types: 1. CGST (Central GST): Collected by the Central Government on intra-state sales. 2. SGST (State GST): Collected by the State Government on intra-state sales. 3. IGST (Integrated GST): Collected by the Central Government on inter-state sales.  How to Determine GST in Tally ERP 9 Tally ERP 9 is widely used for accounting and GST compliance in India. Below are the steps to determine and process GST in Tally ERP 9: --- Step 1: Enable GST in Tally ERP 9 1. Open Tally ERP 9. 2. Go to Gateway of Tally > F11: Features > F3: Statutory & Taxation 3. Set Enable Goods and Services Tax (GST) to Yes. 4. Configure other GST-related details like the GSTIN, state, and tax rates. 5. Save the settings. -...

Tally ERP 9

  Tally ERP 9 is an integrated business management software widely used for accounting, inventory management, taxation, and payroll. It is designed to cater to small and medium-sized businesses, offering features like: Accounting and Financial Management : It helps manage all accounting needs, including transactions, ledgers, trial balance, and balance sheets. Inventory Management : Tally tracks stock levels, sales, and purchases, with detailed reports. Taxation : It supports VAT, GST, and other local tax compliance requirements, automating tax calculations. Payroll Management : It manages employee data, salaries, bonuses, and statutory requirements like PF and ESI. Banking : Helps reconcile bank statements and manage payments and receipts. Multi-User and Remote Access : Tally allows multiple users to work simultaneously and supports remote access for convenient data management. It's popular for its simplicity, ease of use, and flexibility, enabling businesses to manage thei...

Microsoft Word

  Microsoft Word is a word processing application developed by Microsoft. It's part of the Microsoft Office suite and is widely used for creating, editing, formatting, and sharing text-based documents. It includes a variety of tools for managing fonts, styles, layouts, graphics, and more, making it one of the most popular software for personal, educational, and business use. Here are some important keyboard shortcuts in Microsoft Word: Basic Navigation & Editing Shortcuts: Ctrl + N – New document Ctrl + O – Open document Ctrl + S – Save document Ctrl + P – Print document Ctrl + W – Close the document Ctrl + Z – Undo last action Ctrl + Y – Redo last undone action Ctrl + A – Select all content Ctrl + C – Copy selected content Ctrl + X – Cut selected content Ctrl + V – Paste copied/cut content Ctrl + D – Open Font dialog box Ctrl + F – Find text in document Ctrl + H – Replace text in document Formatting Shortcuts: Ctrl + B – Bold selected text C...