What are the four basic steps of the procurement process?

Identifying a requirement. The procurement process always begins with the same element - a requirement. Evaluation and selection of suppliers. Place a purchase order. Shipping.

What are the key elements of a procurement process?

Determine all business divisions' requirements for goods and services. Make a list of potential providers and analyse them. Work out contracts with the chosen provider. Submit a buy request and issue a purchase order.

Course Content

Introduction to Tally

14m 16s

How to use LearnVern

3m 20s

Getting familiar to Gateway of Tally

28m 43s

Introduction to Accounting Ledgers & Capital Transaction in Tally

23m 26s

Accounting Transactions in Tally

9m 47s

Accounting Reports in Tally

6m 16s

Assignment : Accounting transaction

2m 9s

Quiz : Accounting Transaction

Business Transaction for Purchase in Tally

13m 37s

Business Transaction for sale in Tally

24m 32s

Other Business Transactions in Tally

8m 58s

Reports Generation for Business transaction in Tally

21m 57s

Assignment : Business transaction and basic reports

2m 59s

Introduction to Inventory

20m 39s

Unit Of Measure & Closing Stock new

24m 14s

Assignment : Introduction of inventory

1m 15s

GST Introduction

17m 18s

GST Advantages & GST Number

27m 10s

HSN code & GST Rate

8m 17s

TAX Calculation in Tally

9m 10s

Quiz : Introduction Of GST

ITC Adjustment & ITC Setoff

25m 5s

Understanding GST Return filling with Example

10m 42s

GST setup & Inventory setup in Tally

18m 47s

Quiz : ITC Liability Payment

GST Transaction Report

19m 16s

GST Sales Transaction

14m 48s

GST Reports & ITC

21m 51s

Assignment : GST Transaction Report

2m 26s

Quiz : GST Transaction Report & Payment

E way bill Configuration And Transaction in Tally

17m 11s

Career Guideline

2m 31s

Assignment : Eway Bill

1m 19s

Quiz : Eway Bill

Banking Transactions in Tally

12m 9s

Banking Reconciliation & Cheque Printing in Tally

34m 16s

Other Transactions in Tally

14m 21s

Assignment : Banking

1m 45s

Quiz : Banking Transactions

Introduction to Budget in Tally

21m 30s

Operating Expense Transactions in Tally

22m 15s

Fix Assets Transactions In Tally

20m

Assignment : Operating Expense

1m 49s

Assignment : Budget

1m 12s

Quiz : Budget & Operating Expense

Cost Centre Transaction in Tally

30m 12s

Predefine cost centers in Tally

13m 1s

Assignment : Cost Centers

1m 6s

Quiz : Cost Centers

Voucher Type & Voucher Class in Tally

30m 21s

Simple Interest Calculation in Tally

31m 5s

Bank Overdraft Interest Calculation in Tally

18m 11s

Compound Interest Calculation in Tally

17m 8s

Assignment : Simple Interest

1m 16s

Assignment : Voucher Type

1m 3s

Quiz : Voucher Type & Interest Calculation

Introduction to Procurement Process

14m 8s

Procurement Transactions in Tally

22m 10s

Preclose Order in Tally

15m 23s

Assignment : Procurement Process

1m 20s

Quiz : Procurement Process

Sales Process & Transactions in Tally

17m 48s

Generating Sales Process Reports in Tally

15m 52s

Assignment : Sales Process

1m 15s

Quiz : Sales Process

POS in Tally

26m 27s

Assignment : POS

1m 31s

Quiz : POS - Point of sale

Introduction to Godown Transactions in Tally

17m 40s

Billed Quantity Discount in Tally

21m 29s

Assignmnet : Godown & Actual Bill

1m 40s

Quiz : Godown & Bill Quantity Discount

Stock category in Tally

16m 1s

Price List in Tally

29m 14s

Career Guideline

1m 17s

Assignment : Price List

1m 10s

Assignment : Stock Category

1m 4s

Quiz : Stock Category & Price List

Multi Currency in Tally

34m 19s

Career Guideline

1m 55s

Assignment : Multy Currency

1m 41s

Quiz : Multi Currency

Introduction to Manufacturing Process in Tally

30m 41s

Manufacturing Process Transactions in Tally

29m 49s

Understanding Manufacturing Process with by Product in Tally

30m 32s

Assignment : MFG Process

3m 48s

Quiz : Manufacturing Process

Item cost tracking in Tally

27m 29s

Batch Details in Tally

31m 37s

Assignment : Batch Detail

1m 10s

Assignment : Item Cost Tracking

1m 12s

Quiz : Item cost tracking & batch detail

Financial MIS Reports in Tally

36m 8s

Inventory MIS Report in Tally

26m 34s

Quiz : MIS Reports

Mix Supply in Tally

34m 46s

Assignment : Mix Supply

1m 56s

GST Detail Report in Tally

26m 26s

Introduction of Payroll

27m 14s

Payroll Transactions in Tally

41m 20s

Payroll Reports in Tally

23m 48s

Payroll Statutory Reports in Tally

17m 53s

Assignment : Payroll

1m 27s

Quiz : Payroll

Additional functionalities in Tally

36m 47s

Introduction to Tally Prime

31m 35s

Course Summary

3m 44s

Career Guideline

35s

Introduction to Procurement Process

Tally course with Accounting and GST Procurement Process

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Discussion

View Resources

12100

Course Content

Introduction to Tally

14m 16s

How to use LearnVern

3m 20s

Getting familiar to Gateway of Tally

28m 43s

Introduction to Accounting Ledgers & Capital Transaction in Tally

23m 26s

Accounting Transactions in Tally

9m 47s

Accounting Reports in Tally

6m 16s

Assignment : Accounting transaction

2m 9s

Business Transaction for Purchase in Tally

13m 37s

Business Transaction for sale in Tally

24m 32s

Other Business Transactions in Tally

8m 58s

Reports Generation for Business transaction in Tally

21m 57s

Assignment : Business transaction and basic reports

2m 59s

Introduction to Inventory

20m 39s

Unit Of Measure & Closing Stock new

24m 14s

Assignment : Introduction of inventory

1m 15s

GST Introduction

17m 18s

GST Advantages & GST Number

27m 10s

HSN code & GST Rate

8m 17s

TAX Calculation in Tally

9m 10s

ITC Adjustment & ITC Setoff

25m 5s

Understanding GST Return filling with Example

10m 42s

GST setup & Inventory setup in Tally

18m 47s

GST Transaction Report

19m 16s

GST Sales Transaction

14m 48s

GST Reports & ITC

21m 51s

Assignment : GST Transaction Report

2m 26s

E way bill Configuration And Transaction in Tally

17m 11s

Career Guideline

2m 31s

Assignment : Eway Bill

1m 19s

Banking Transactions in Tally

12m 9s

Banking Reconciliation & Cheque Printing in Tally

34m 16s

Other Transactions in Tally

14m 21s

Assignment : Banking

1m 45s

Introduction to Budget in Tally

21m 30s

Operating Expense Transactions in Tally

22m 15s

Fix Assets Transactions In Tally

20m

Assignment : Operating Expense

1m 49s

Assignment : Budget

1m 12s

Cost Centre Transaction in Tally

30m 12s

Predefine cost centers in Tally

13m 1s

Assignment : Cost Centers

1m 6s

Voucher Type & Voucher Class in Tally

30m 21s

Simple Interest Calculation in Tally

31m 5s

Bank Overdraft Interest Calculation in Tally

18m 11s

Compound Interest Calculation in Tally

17m 8s

Assignment : Simple Interest

1m 16s

Assignment : Voucher Type

1m 3s

Introduction to Procurement Process

14m 8s

Procurement Transactions in Tally

22m 10s

Preclose Order in Tally

15m 23s

Assignment : Procurement Process

1m 20s

Sales Process & Transactions in Tally

17m 48s

Generating Sales Process Reports in Tally

15m 52s

Assignment : Sales Process

1m 15s

POS in Tally

26m 27s

Assignment : POS

1m 31s

Introduction to Godown Transactions in Tally

17m 40s

Billed Quantity Discount in Tally

21m 29s

Assignmnet : Godown & Actual Bill

1m 40s

Stock category in Tally

16m 1s

Price List in Tally

29m 14s

Career Guideline

1m 17s

Assignment : Price List

1m 10s

Assignment : Stock Category

1m 4s

Multi Currency in Tally

34m 19s

Career Guideline

1m 55s

Assignment : Multy Currency

1m 41s

Introduction to Manufacturing Process in Tally

30m 41s

Manufacturing Process Transactions in Tally

29m 49s

Understanding Manufacturing Process with by Product in Tally

30m 32s

Assignment : MFG Process

3m 48s

Item cost tracking in Tally

27m 29s

Batch Details in Tally

31m 37s

Assignment : Batch Detail

1m 10s

Assignment : Item Cost Tracking

1m 12s

Financial MIS Reports in Tally

36m 8s

Inventory MIS Report in Tally

26m 34s

Mix Supply in Tally

34m 46s

Assignment : Mix Supply

1m 56s

GST Detail Report in Tally

26m 26s

Introduction of Payroll

27m 14s

Payroll Transactions in Tally

41m 20s

Payroll Reports in Tally

23m 48s

Payroll Statutory Reports in Tally

17m 53s

Assignment : Payroll

1m 27s

Additional functionalities in Tally

36m 47s

Introduction to Tally Prime

31m 35s

Course Summary

3m 44s

Career Guideline

35s

FAQs

Procurement is the process of acquiring goods and services for the purpose of meeting requirements. In order to have a successful procurement process, you need to know what your goals are, what your needs are and how you are going to achieve them.

Identifying a requirement. The procurement process always begins with the same element - a requirement.
Evaluation and selection of suppliers.
Place a purchase order.
Shipping.