Practical Course in Accounting

Master Accounting from Basics to Advanced with Real-Life Practical Training

The Practical Course in Accounting is a comprehensive job-oriented program designed for students, commerce graduates, business owners, accountants, tax professionals, and anyone who wants to build a strong foundation in accounting and compliance. This course focuses on practical learning through real business scenarios, enabling learners to confidently handle day-to-day accounting, GST compliance, TDS/TCS provisions, payroll processing, inventory management, and finalization of accounts.

Unlike theoretical accounting courses, this program emphasizes hands-on training in Tally and Busy Accounting Software, helping participants gain practical exposure that can be directly applied in offices, CA firms, businesses, and corporate environments.

What You Will Learn

Module 1: Accounting Fundamentals

Build a strong conceptual foundation of accounting and financial reporting.

Topics Covered:

• Basic Concepts of Accounting
• Structure of Accounting
• Understanding Profit & Loss Account
• Understanding Balance Sheet
• GST Basics – Part 1
• GST Basics – Part 2
• E-Way Bill and E-Invoicing Fundamentals

Outcome: Learn how accounting works in a business environment and understand the linkage between transactions, financial statements, and taxation.

Module 2: Introduction to Tally

Get started with India’s most widely used accounting software.

Topics Covered:

• Basics of Tally
• Company Creation
• Accounting Masters
• Voucher Entries
• Reports and Financial Statements

Outcome: Develop confidence in navigating and operating Tally for business accounting.

Module 3: Accounting for Trading Businesses

Learn practical accounting for trading concerns through detailed case studies.

Topics Covered:

• Trading Unit Accounting – Part 1
• Trading Unit Accounting – Part 2
• Trading Unit Accounting – Part 3
• Trading Unit Accounting – Part 4
• Trading Unit Accounting – Part 5

Outcome: Understand complete accounting workflow for trading entities including purchases, sales, inventory and GST accounting.

Module 4: Accounting for Manufacturing Units

Understand accounting requirements of manufacturing businesses.

Topics Covered:

• Accounting for Manufacturing Unit

Outcome: Learn production-related accounting, inventory movement, stock valuation, and manufacturing accounting practices.

Module 5: Inventory & Stock Management in Tally

Master inventory handling and stock transfer processes.

Topics Covered:

• Godown Management
• Multiple Ledger Entries
• Bill-to Ship-to Transactions
• Stock Transfer Entries

Outcome: Gain practical knowledge of inventory control and warehouse accounting.

Module 6: Advanced GST Accounting Entries

Learn special GST transactions frequently encountered in business.

Topics Covered:

• URD Purchase Entries
• Nil Rated Supply Entries
• Exempt Supply Entries
• Bill-wise Accounting Entries

Outcome: Handle GST accounting confidently with practical examples and real-world scenarios.

Module 7: TDS & TCS – Complete Practical Training

A detailed module covering Income Tax withholding provisions and compliance requirements.

Topics Covered:

• Introduction to TDS
• Timeline of TDS Compliance
• Latest TDS & TCS Provisions
• TDS Return Filing
• TDS/TCS Rate Charts
• Salary TDS (Section 192)
• TDS on Other Than Salary Payments (Section 193 onwards)
• TCS Provisions
• Lower Deduction Certificates
• TDS on Income Received
• Interest & Penalties under TDS
• Processing of TDS Returns
• Government TDS Provisions
• Interpretation of TDS Provisions

Outcome: Understand end-to-end TDS/TCS compliance including deduction, deposit, reporting and return filing.

Module 8: TDS Working in Excel

Learn practical computation and challan preparation.

Topics Covered:

• TDS Working in Excel
• Challan Preparation

Outcome: Develop practical skills required for actual office work and compliance management.

Module 9: TDS & TCS Accounting Entries in Tally

Implement taxation provisions directly within accounting software.

Topics Covered:

• TDS Entries in Tally
• TCS Entries in Tally

Outcome: Learn software implementation of TDS and TCS provisions through practical demonstrations.

Module 10: Payroll Processing in Tally

Learn salary accounting and payroll management.

Topics Covered:

• Payroll in Tally – Part 1
• Payroll in Tally – Part 2

Outcome: Process salaries, deductions, and payroll-related accounting entries professionally.

Module 11: Busy Accounting Software

Learn another industry-leading accounting software used by businesses across India.

Topics Covered:

• Overview of Busy
• Stock Entries in Busy
• Order Processing in Busy
• Practical Case Studies
• Real Business Scenarios

Outcome: Gain dual-software expertise, increasing employability and practical accounting capabilities.

Module 12: Accounts Finalization & Financial Statements

Learn the complete process of preparing and finalizing accounts.

Topics Covered:

• Basics of Financial Statements
• Key Points for Accounts Finalization
• RCM Accounting Entries
• Finalization Without Complete Accounting Records
• Final Accounts Preparation
• Deferred Tax Accounting
• Income Tax Adjustments
• Depreciation Calculation