Digital Practical Accounting Project on Partnership Service Business

PROJECT SUMMARY

Objective : To know transformation process of manual Accounting to digital Accounting.

Software used : TallyPrime

Digital Practical Accounting Project on Partnership Service Business

Transaction for the month of : April, May and June of FY- 2023-24 Scroll Down to access all the Transaction detail and Entry in TallyPrime.

Transaction Types and Entry : Company Creation, GST setup, Leger Creation, Partnership Capital Introduction Entry(Cash/Bank/Kind), Journal Entry, Receipt Voucher Entry(Cash/Bank), Payment Voucher Entry(Cash/Bank), SAC/HSN Entry, Sale of Services Invoice Entry etc.

MUMBAI PHOTOGRAPHY(Partnership)

Financial Year : 2023-24 (April' 2023 to March' 2024)

Assessment Year : 2024-25 (April' 2024 to March' 2025)

Trade Name : MUMBAI PHOTOGRAPHY

Style/Constitution of Business : Partnership

Nature of Business : Photography & Videography Service

GSTIN -  27ACKFS7411M1Z5

Address : Film City Road,  Goregaon, Mumbai - 400065, Maharashtra

This Project will enable you on implementation of manual Accounting Entries of a Service Business to Digital Accounting Entries in your Real Life.

TallyPrime - Cash Receipt Entry, Bank Receipt Entry, Cash Payment Entry, Bank Payment Entry, GST Service Invoice Entry, Journal Entry etc. 

Students/learners can get benefit and complete knowledge on this Practical Project after completion of all the transactions with a proper sequence.

Transactions 

April 2023

May 2023

June 2023

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