Difference between revisions of "Aakash-Business-Tool/C2/Create-Account/English"

/* Slide 1 */

Learning Objectives /*Slide 2 */

• Select existing organization
• Login as a user
• Understand the Master Menu
• Create Account

System Requirements

• ABT 1.0
• Android 4.2

/*Slide 4*/

• The principles of book keeping.
• How to run and start ABT
• How to Create a New Organization

If not, for relevant tutorials please visit http://spoken-tutorial.org

• We had already created an organization called Free Accounting Foundation in Maintaining organization tutorial

• We will select it from the drop-down list.

• Select guest for role
• Automatically Username & Password will be entered in the respective fields
• Tap on Login button to continue

• Organization name, type and financial year is visible at the top

• Create account
  

• Transaction
  

• Reports
  

• Bank Reconciliation
  

• Preferences
  

• Rollover
  

• Export organisation
  

• Account settings
  

• Help

• Admin have access to all the above options.
• Except Rollover Manager can access all the options.
• Operator has access to Create account, Transaction, Export organization, Account Settings, Help.
• Except Rollover and account settings, guest can access remaining options.

• Tap on Create account option

• Before you start creating a new account, you have to specify the account code type ie. manual or automated.
• When first time you enter into this page, The alert-box will appear on the screen
• Check the check-box if manual account code has to be provided or leave it as it is for automatic account code generation.

• Remember, This is only one time activity.
• Later on this alert-box will not appear on the screen, instead it will follow the saved preference
  

* So we see Corpus in the Group name list.

* If our organization type was Profit Making, we would see Capital instead of Corpus.

* Capital is the amount invested in the business by the owner.

* Liabilities denote the amounts which a business owes to a person or another firm.

• Current Asset
• Fixed Assets
• Loans (Asset)

These accounts will normally have Debit opening balance

• Fixed Assets represent everything which a business owns and has money value.
• Any asset used in business, for more than one year, is considered as a fixed asset.
• They are always shown as debit balance.

• Direct Expense
• Direct Income
• Indirect Expense
• Indirect Income

will not have any opening balance.

• Direct expenses are expenses related to production and purchasing of goods.
• Direct Income is earned from the business or for the services provided.
• Indirect Expenses are expenses incurred after the manufacturing process is over.
• Indirect income is one that is earned by way of non-business activities. eg. sale of old newspaper, sale of cartons.

• I will choose Current Asset as Group Name.

• After selecting Group Name, you have to select the Sub-Group Name as required.
• These are the subgroups provided by ABT
• You can add any Sub-Group Name as you wish.
• For now, I shall choose Bank as a Sub-Group Name

• In the Account name field, type account name as SBI

• Recall, we had preferred to create account codes manually earlier.
• So here,we see a field for account code.

• ABT suggests an account code, as you can see.
• We can edit the suggested code.
• We can even leave it as it is

• Next, let's enter the Debit Opening Balance
• The default value as you can see is 0.00
• You can accept this or enter any positive or negative value.

• I will enter 5000 in Debit opening balance textbox

• The total of all debit Opening Balances entered so far will be displayed here.

• Right now it is 0.00
• It is so as we have not yet saved this account with its debit opening balance.

• Right now it is 0.00
• It is so as no account with credit opening balance has been saved

• The last field displays the difference between debit and credit opening balances.

• After filling all the necessary data, I will press the Save button.

• A message appears tells you have successfully created the desired account.

• Note that the amount in the Total Debit Opening Balance has been updated.

• Total Debit Opening Balance
• Total Credit Opening Balance depend on what type of opening balance you have entered.

• Total debit opening balance
• Total credit opening balance
• Difference in opening balance are read-only fields.

Summary

• Master Menu
• Create Account

Assignment

• Group name - Current Asset, Sub Group name - Bank and Account Name - SBI.
• Group name - Current Asset and Sub-group name – Cash and Account Name - Cash On Hand.
• Group name - Current Asset and Sub-group name - Cash and Account Name - Cash

• It summarizes the Spoken Tutorial project
• If you do not have good bandwidth, you can download and watch it

/*Slide 11*/

• Conducts workshops using spoken tutorials
• Gives certificates to those who pass an online test
• For more details, please write to contact@spoken-tutorial.org

Acknowledgement

• It is supported by the National Mission on Education through ICT, MHRD, Government of India
• More information on this Mission is available at: http://spoken-tutorial.org\NMEICT-Intro

• Thank you for watching.