+2 Computerised Accounting Questions and Answers - Chapter 5

GNU Khata is a Free and Open Source Software(FOSS)

Features of GNUKhata

1. Free and Open Source accounting software.
2. Based on Double Entry book keeping.
3. Ledgers, Trial Balance, Profit and Loss A/c, Balance Sheet etc... can be generated
4. Facility for attaching source document with Voucher entry.
5. It can be used for both Profit making and Non-Profit making Organisations.

Creation of organisation in GNUKhata

• Step 1 : Start GNUKhata Accounting package
  Applications → Office → GNUKhata
• Step 2 : Create Organisation
• Step 3 : Create Admin
  Create Admin user with Username , Password :
  Click on Create & Login.

Ledger creation in GNUKhata

Steps in Ledger creation

• Step 1: GNUKhata → Master → Create Account
• Step 2: Select Group to which account belongs
• Step 3 : Select sub-group, if any, to which the account belongs
• Step 4 : Enter the name of account
• Step 5 : Click on Save button to save the ledger.

SYSTEM GENERATED (Default) LEDGER ACCOUNTS

In GNUKhata, there are four system generated ledger accounts.

1. Closing Stock
2. Opening Stock
3. Stock at the beginning
4. Profit and Loss Account

Voucher Entry in GNUKhata

Recording a transaction through voucher interface of accounting software is called Voucher entry. Steps in Voucher Entry

1. Select appropriate voucher from Voucher menu
2. Enter Voucher number and Date
3. Select Debit account name and enter Debit amount
4. Select Credit account name and enter Credit amount
5. Save the Voucher