Book excerpt: This course kit is simple and takes typically mundane subjects of accounting and business finance the Balance Sheets, the Income Statement and the Cash Flow Statement and makes them something you can easily learn, understand, remember and use. The book starts with steps and procedures for performing simple calculations in Microsoft Excel and proceeds to an exclusive coverage on computing payroll, TDS, VAT, Service Tax, FBT and other types of taxes in Tally 9.0, a well known and preferred financial accounting software.