Practical Course in Accounting
About Course
This Practical Course in Accounting is designed to upgrade the practical accounting skills of learners. In todays complex working environment an accountant is expected to have the knowledge of Taxation and Compliance along with the knowledge of software like Tally and Busy. Complete Course is divided in 5 main modules-
Module 1- Intro to Accounting (by Vivek)
Module 2- Tally with tax (by Vishal )
- 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 (by Vishal )
- 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 (by Vivek )
- 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 (by Vivek )
- 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
Module 6- Project Report (by Abhishek)
- Projected Financials
- Excel-based utility
- Project report
- Executive summary
- Loan requirement
- Financial projections
- Term loan
- Working capital loan
- Project cost
- Utilization of funds
- Depreciation schedule
- Profitability Repayment schedule
- Cash flow statement
- Balance sheet
- Important ratios
Course Content
Welcome Toolkit
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Welcome Toolkit
11:23
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Introduction to Accounting
Tally with Tax
Busy with Tax
TDS Provisions
Account Finalization
Project Report
Course Completion Certificate
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