TheSVibes

  Nowadays, almost every business — whether it is a small shop, wholesaler, GST consultancy office, school, medical store, or even a medium-sized company — uses some type of accounting software. And in India, one software name that almost everyone in the accounting field knows is Tally. Honestly, if you have ever visited an accountant’s office, GST consultant, CA office, or business shop, there is a very high chance you have seen Tally running on their computer. For many people outside the commerce field, Tally may look like just another software. But for accountants and businesses, it has become one of the most trusted tools for managing daily financial work. In this article, I am not going to explain Tally in a robotic or textbook style. Instead, I will explain it practically — the way real accountants, students, and business owners actually understand and use it in day-to-day work. Because after working with accounting software practically, I realized that people learn better wh...

Introduction When I first started learning accounting, journal entries didn’t feel difficult because of concepts — they felt confusing because of decision making . Every question looked simple… But the moment I had to decide: 👉 “Debit kya karein? Credit kya karein?” That’s where things went wrong. If you’re facing the same issue, then this guide is not going to give you textbook definitions. I’ll explain journal entries the same way I think while solving them in real life . First, Forget the Fear Let me tell you one honest thing: Journal entries are not about memorizing rules. They are about understanding what is happening in the transaction . First you need to figure out that which account is related to the transaction held in Accounting there are 5 heads under which all things comes. 1.      Assests – Cash ,Property Equipment, Vehicle , Accounts Receivable 2.      Liabilities - Bank Loans, Accounts Payable,Credi...