How to maintain school account in tally

Sir,

Select when U create the company just selct Accounts only. All collection of school feeses show it as income and what  you spent for that unit or school book as expenses. recenly all educational institution covered under ESI act also. all statutory payments of employee portion book as liability and employer portion showit as expense.

Cash A/c Dr

To School Fee A/c                  

To Computer fee A/c              

To Annual Fee A/c                

All Feeses like this U have to Shows.

Thanks & Regards

Jayachandra

how to create colleger accounts in tally

for ex:

each student information (tutions fees, hostel fees, bus fees and balance fees for reports)

i think 

first when the school receives application fee, they do not know the student                           So the entry

Cash A/c Dr                                                                                                                                 To Application Fees

   Secondly when the Student comes                                                                                         Party A/c Dr                                                                                                                               to tuition fee                                                                                                                         To computer fee                                                                                                                   To special Fee

 Thirdly when the student pays                                                                                                       Cash A/c Dr                                                                                                                              To Party            

First pass due entry from journal voucher using cost centre for mention month of fees  and then receipt entry in cash or bank mode as u received

 journal voucher

 

Party a/c and all fees receivables , on which head i should creat ?

All Parties - Under head Sundry Debtors

Receivable - under head Current assests   

Sir, I am accountant of a school. I do all receipt and payment entry in tally.If school recieve tuition fee and hostel fees by cash or by cheque then what the entry will pass.Also clear me if I maintain Bank and cash book where all the cash receive and payment done by bank...?? I make entry like.....Cash A/c.........dr

                                     To Tuition fees A/c....cr

Also all cash Deposited into bank..:

So, It can be the entry will be..: Bank A/c.......dr

                                                          To Cash A/c...cr.

Am i right..?? Plz clear me..

yes you are right....both entry correct

for an education institude should i create separate ledger accounts for each student if yes how? please inform