Practical Course in Accounting

Categories: Accounting

About Course

This Practical Course in Accounting is designed to provide learners with advanced accounting skills. In today’s complicated tax environment, an accountant must have the knowledge of Taxation and Compliance along with the practical hands-on knowledge of software like Tally and Busy. Complete Course is divided in 5 main modules-

• Module 1- Intro to Accounting
• Module 2- Tally with tax
  • Overview of Tally Prime
  • Create Ledger in Tally Prime
  • Sale Entry in Tally Prime
  • Purchase Entry in Tally Prime
  • Stock Entry in Tally Prime
  • Discount & Gowdown Entry
  • Sale Order Processing
  • Purchase Order Processing
  • Manufacturing Entity Accounting
  • GST Entry & adjustment in Tally
  • TDS Entry & adjustment in Tally
  • TCS Entry in Tally
  • Payroll in Tally
  • BRS in Tally
• Module 3- Busy with Tax
  • Overview of Busy Software
  • Stock Maintenance in Busy
  • Sale Entry in Busy
  • Purchase Entry in Busy
  • GST in Busy
  • TDS in Busy
  • TCS in Busy
  • Payroll in Busy
• Module 4- TDS Provisions
  • Intro to TDS
  • Sec 192 TDS on Salary Computation
  • Sec 194C TDS on Contract
  • Sec 194D TDS on insurance commission
  • Sec 194H TDS on commission and Brokerage
  • Sec 194I TDS on Rent
  • Sec 194J TDS on Professional & Technical Services
  • Sec 194O TDS on E comm transactions
  • Sec 194Q TDS on Purchase of Goods
  • Sec 194R TDS on Benefits & Perquisites
  • Sec 206AB Higher Rate of TDS
  • Sec 206C(1H) TCS on Sales of Goods
  • Sec 206C(1H) Practical FAQ
• Module 5- Account Finalization
  • Year end Entries
  • Adjustment Entries
  • GST Portal reco with books
  • Form 26As reco with books
  • Ledger Scrutiny
  • Debtor Creditor Aging Analysis
  • Provision Booking
  • Depreciation Calculation
  • Compliance Check
  • Preparing PnL Account
  • Preparing Balance Sheet
  • Projected financials