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Question 3 a. State the processes/steps to be performed for each of the following in Tally.ERP 9: i. Creation of ledgers ii. Creation of groups/accounts
Question 3 a. State the processes/steps to be performed for each of the following in Tally.ERP 9: i. Creation of ledgers ii. Creation of groups/accounts heads Viewing list of accounts groups created iv. Verify ledger accounts Creation of a new voucher type vi. Altering a voucher type vii. Creation of a stock group viii. Creation of stock categories ix. Creation of stock items X. Viewing ageing analysis reports V. (10 marks) b. Jobel Company Limited, an insurance broke firm, has been posting hug 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 1 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 computeri sed 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 Executi 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
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