NCERT Class 12 Accountancy Computerised Accounting Use Of Spreadsheet In Business Applications

Read and download NCERT Class 12 Accountancy Computerised Accounting Use Of Spreadsheet In Business Applications in NCERT book for Class 12 Accountancy. You can download latest NCERT eBooks chapter wise in PDF format free from Studiestoday.com. This Accountancy textbook for Class 12 is designed by NCERT and is very useful for students. Please also refer to the NCERT solutions for Class 12 Accountancy to understand the answers of the exercise questions given at the end of this chapter

NCERT Book for Class 12 Accountancy Computerised Accounting System Chapter 3 Use Of Spreadsheet In Business Applications

Class 12 Accountancy students should refer to the following NCERT Book Computerised Accounting System Chapter 3 Use Of Spreadsheet In Business Applications in Class 12. This NCERT Book for Class 12 Accountancy will be very useful for exams and help you to score good marks

Computerised Accounting System Chapter 3 Use Of Spreadsheet In Business Applications NCERT Book Class 12

INTRODUCTION
 
In the previous chapter, we have learned about the spreadsheet and its several features that can be used in business applications. In this chapter, we shall discuss the applications of spreadsheet (using Excel) to Payroll Accounting and some other select applications (Asset Management, and Loan Repayment).
 
3.1 PAYROLL ACCOUNTING

Every employee is paid salary on a pre-determined date within the framework of employee contract and related personnel policy in force from time to time in an organisation.
The computation of salary payment is based on the number of days an employee has worked, rate per grade of pay, rate of applied allowances and deductions to be made therefrom.
The preparation of salary bill should provide for the following :
• Maintaining payroll related data such as Employee No., Name, Attendance, Basic Pay, applicable Dearness and other Allowances, deductions to be made.
• Periodic payroll computations: the payroll computation includes the calculation of various earning and deduction heads, which are to be derived from basic values (such as basic salary, number of days under leave without pay (LWP) and unauthorised absence, etc) as per the formulae.
• Preparation of salary statement and employees salary slips
• Generation of advice to bank: It contains the net salary to be transferred to individual bank account of employees and other salary related statutory payments such as provident fund, tax, etc.
 
3.1.1 PAYROLL COMPONENTS
Every employee is under contractual relationship of service with an organisation, and is paid salary accordingly. The following elements are important for salary computation and its payment:
• CURRENT PAYROLL PERIOD (MONTH AND YEAR)
• EARNINGS
• Basic Pay (BP) : It is the pay in the pay scale plus Grade Pay, but does not include Special Pay.
• Grade Pay (GP) : It is the pay to be added to the Basic Pay according to the Designation of the employee and applicable pay band or scale of pay.
• Dearness Pay (DP) : It is that portion of Dearness Allowance, which has been declared and deemed to have been merged with the Basic Pay.
• Dearness Allowance (DA) : It is a compensation for erosion in the purchasing power of wage earner due to price rise. It is granted by the Government periodically as a percentage of (Basic Pay +Dearness Pay, if applicable).



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Computerised Accounting System Chapter 01 Overview Of Computerised Accounting System
NCERT Class 12 Accountancy Computerised Accounting System Overview
Computerised Accounting System Chapter 02 Spreadsheet
NCERT Class 12 Accountancy Computerised Accounting Spreadsheet
Computerised Accounting System Chapter 03 Use Of Spreadsheet In Business Applications
NCERT Class 12 Accountancy Computerised Accounting Use Of Spreadsheet In Business Applications
Computerised Accounting System Chapter 04 Graphs and Charts For Business Data
NCERT Class 12 Accountancy Computerised Accounting Graphs and Charts For Business Data
Computerised Accounting System Chapter 05 Data Base Management System For Accounting
NCERT Class 12 Accountancy Computerised Accounting Spreadsheet Data Base Management System
Part 1 Chapter 01 Accounting for Not for Profit Organisation
NCERT Class 12 Accountancy Accounting For Not for Profit Organisation
Part 1 Chapter 02 Accounting for Partnership Basic Concepts
NCERT Class 12 Accountancy Accounting for Partnership Basic Concepts
Part 1 Chapter 03 Reconstitution of a Partnership Firm Admission of a Partner
NCERT Class 12 Accountancy Reconstitution of a Partnership Firm Admission of a Partner
Part 1 Chapter 04 Reconstitution of a Partnership Firm Retirement/Death of a Partner
NCERT Class 12 Accountancy Reconstitution of a Partnership Firm Retirement Death of a Partner
Part 1 Chapter 05 Dissolution of Partnership Firm
NCERT Class 12 Accountancy Dissolution of Partnership Firm
Part 2 Chapter 01 Accounting for Share Capital
NCERT Class 12 Accountancy Accounting for Share Capital
Part 2 Chapter 02 Issue and Redemption of Debentures
NCERT Class 12 Accountancy Issue and Redemption of Debentures
Part 2 Chapter 03 Financial Statements Of a Company
NCERT Class 12 Accountancy Financial Statements of a Company
Part 2 Chapter 04 Analysis of Financial Statements
NCERT Class 12 Accountancy Part 1 Analysis of Financial Statements
Part 2 Chapter 05 Accounting Ratios
NCERT Class 12 Accountancy Accounting Ratios
Part 2 Chapter 06 Cash Flow Statement
NCERT Class 12 Accountancy Cash Flow Statement

Accountancy NCERT Book Class 12 Computerised Accounting System Chapter 3 Use Of Spreadsheet In Business Applications

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NCERT Book Class 12 Accountancy Computerised Accounting System Chapter 3 Use Of Spreadsheet In Business Applications

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Computerised Accounting System Chapter 3 Use Of Spreadsheet In Business Applications NCERT Book Class 12 Accountancy

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Class 12 Computerised Accounting System Chapter 3 Use Of Spreadsheet In Business Applications NCERT Book Accountancy

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