Microsoft Word
Microsoft Word for Windows is a full-feature Word processor designed to help you work more efficiently. Microsoft Word shows you how to create effective documents using its features. You will learn how to edit, format, print documents, insert and manage tables and graphics into documents.
Salient Features
Easy and Fast Tool to create a one page Letter, a hundred page Report, etc.
You could add Graphics to your Letters and Reports to make it more attractive.
Automatic Spelling check as well as Grammar check facility.
Freeform Table Draw.
Document Mapping.
You can also link to Excel numbers and Charts.
You can link your Word documents to World Wide Web or Intranet sites.
Application
With Word you can create and type Letters, Reports, Memos, Proposals, Newsletters, Brochures, Graphical Presentation, Web pages, etc
Microsoft Excel
Microsoft Excel for Windows is a powerful electronics spreadsheet application that can be used for managing, analyzing and presenting data in graphical manner.
Salient Features
Excel has three components that perform in three different manners:
1. The Spreadsheet.
2. The Data sheet
3. The Chart
Create formulas on worksheets. It's easy and fast.
Enhanced formatting and layout features help you get the printed report or online form with the look you want.
You can quickly find the information you need and create automatic subtotals of your data.
Increased capacity, high-end formatting options, and a mapping feature give you powerful ways to analyze your data visually.
Explore the power of the Internet from your familiar Microsoft Excel spreadsheet.
When you want to analyze data from outside Microsoft Excel, there's no need to retype. In a few keystrokes, you can bring the data right onto your worksheet..
Application
Excel is used for preparing Company profiles in the form of Charts and Graphs.
Excel stores the accounting spreadsheets in Electronic form.
Microsoft Powerpoint
PowerPoint is the most famous and powerful presentation Program. Impressive colorful slide shows can be designed.
Salient Features
Quick and Easy, High impact visual to accompany a talk.
Fact-filled presentation with plenty of Graphs and Charts.
Sophisticated Electronic presentation.
You can assemble existing text and graphics from other Microsoft Office Application.
You can time your Presentations.
You can save as Web Animation.
Application
With Microsoft Powerpoint you can create Company Presentations and Profiles.
Windows
The operating system is a master Program that takes care of proper functioning of the computer. Window operating system is a (GUI) Graphical User Interface in which user can click the 'icons' to perform a specific task. Windows has increased the speed and efficiency of your Computer related tasks.
Salient Features
With Windows, you can work with several Programs at once. You can switch between Programs with a couple of keystrokes or a click of a mouse, reducing the time required to move from one application to another.
You can give any name to a file; you are not limited to eight characters with a three-character extension as in DOS. You can even use spaces.
Windows now supports the use of drives greater than 2 GB (gigabytes) in capacity. The maximum supported drive size is 2 TB (terabytes).
Windows prints your documents "in the background," so you can get back to work quickly after you send your document to the printer.
Application
Nowadays all the software are Windows based.
TALLY (Financial Accounting)
Maintain Accounts using different Currencies other then the home currency.
Forecasting using Budgets feature of tally. You can make Departmental Budget, Financial Budget and Marketing Budget. Budget features are used to compare against actual to Display Variance.
How to handle and maintain Accounts of a Manufacturing ompany
Cost Centers: - Allocating EXP and Income (Revenue) to the different branches of the company inside Bombay or all Over India.
Maintaining Accounts related to Cost Centers
Using Tally’s Advance features of TDS (Tax Deducted at Source).
Using Tally’s Advance features of VAT (Value Added Tax)
How to Import and Export Tally Data
Ratio Analysis. (Explained in Detail):- Reports showing you the state of the companies financial health and where it is going in short term. (Ratio Format).
Using E-capabilities. (Email) features of Tally.
Cash and Fund Flow statement:-
How to ascertain:
Cash Flow summary- Cash Movement- Inflow and Outflow of cash only.
Fund Flow summary- Movement of entire Working Capital.
Recall source of fund and how they are applied
Scenario Management:- Useful in reports with provisional figures without actually putting the entries through the main books and for forecasting purposes, by passing necessary Vouchers
Exploring the QUERY features of Tally
Salient Features
Saves time.
Accuracy.
Various accounting books are created within seconds i.e. cash book, ledger book, purchase book, sales purchase.
Financial statements within minutes i.e. Trading A/C, Profit and loss A/C, Balancesheet.
Application
Tally is used by all type of business houses like Proprietor firm, Partnership firm, Non-profit making Organizations, Mnc companies.