Certificate in Accounts Management

Accounting Course in Udaipur

Module -I

Basics of Accounting

The Business Entity Concept, The Dual Aspect Concept, The Accounting Period Concept, The Cost Concept, The Money Measurement Concept, The Going Concern Concept The Accrual Concept, The Matching Concept

Important Accounting Terms, ,Double Entry System Accounts and its Types, Personal Account, Impersonal Account, Explaining the Rules of Debit and Credit Describing a Journal, Types of Journal, Recording a Transaction in a Journal, Defining a Compound Journal Entry Understanding Ledger

Essential Features of Ledger - Final Entry Book, Provides Final Information, Two Partitions: Debit Side and Credit Side, Opening Balance for Next Year, Advantages of Ledger, Trial Balance

Business Organizations

Introduction, Forms of Business Organizations, Sole Proprietorship, Partnership, Limited Liability Partnership, Company, HUF, Cooperative Society, Trust, Trading Organizations, Service Organizations

Understanding of Financial Statements-

Describing Financial Statements, The Manufacturing & Trading Account, The Profit and Loss Account/Income & Expenditure A/c, Balance Sheet, Cash Flow Statement, Fund Flow Statement, Difference between Assets, Liabilities, Income and Expenditure, Difference between Balance Sheet and Profit & Loss Account, Types and Formats of Financial Statements applicable to corporate and non-corporate, Understanding Revenue from Operation, Understanding Purchases, Direct & Indirect Expenses

Module -Il

Computerized Accounting

Introduction, Need for Computerized Accounting, Merits of Computerized Accounting, Demerits of Computerized Accounting, General features of Tally Software, Exploring Busy, Enterprise Resource Planning (ERP)

Valuation of Inventory

Stroduction, Methods of inventory valuation, First in first out (FIFO), Last in first out (LIFO), Weighted average cost method, Standard cost method Summary

Introduction to Tally Prime

Creating a Company, Selecting a Company, Shutting a Company, Deleting a Company, Company Features, Company Configuration, User and Password, Security and Tally Vault, Auditing, Backup, Restore, Split Company Data, Data Path setup, Import - Export of Master and Transaction,

Advanced Certificate in Accounting

Module - Ill

Advance Accounting

Ledger Creation, Ledger Group, Voucher Entry: Purchase, Sales, Payment, Receipt, Contra, Purchase Return with Debit Note, Sales Return Credit Note, Billing or Invoicing, New Reference, Against Reference, Advance, On Account features, Bills Receivable, Bills Payable, Cost Category, Cost Center, Simple Interest Calculation, Compound Interest Calculation, Advance Interest Calculation, Currency, Forex Gain and Loss, Job Costing, Maintain Interest with Debit Note and Credit Note., Budget and Control, Credit Limit, Scenario Manager, Banking and Bank Reconciliation Statement, Reversing Journal, Post Dated Voucher,

Advance Inventory

Unit, Compound Unit, Stock Group, Stock Category, Stock Item, Purchase of Stock, Sales of Stock, Creating Debit Note and Credit Note for Stock. Godown or Location, Stock Transfer, Batch wise Details, Expiry Date Maintain, Actual and Billed Quantity, Track Additional Cost of Purchase, Price Level and Price List, Purchase Order, Sales Order, Receipt Note, Delivery Not, Rejection In, Rejection Out, Reorder Level, Valuation Method (Avg. cost, FIFO,LIFO, Std. Cost, Std. Price etc ), Standard Rate for Stock Item, Zero Value Entries, Job Work In Order, Job Work Out Order, Material In, Material Out, Physical Stock Maintain, Manufacturing and Bills of Material (BOM), Point of Sale (POS), Round up, Round Down,


Unit (Work), Attendance and Production Type, Pay Heads, Employee Category, Employee Group, Employee, Define Salary Payroll Statutory Detail, Income tax pay head detail, Income tax Pay head detail, Income tax declaration, Income tax exempt, Income tax amount, Payroll income tax configuration, Payroll statutory detail


Bank Reconciliation Statement, Chequee Printing, Deposit Slip, Cheque Register, Payment Advice, Post Dated Summary.

Module -IV

Goods and Service Tax (GST)

GSTIN, Central Tax (CGST), State Tax (SGST), Integrated Tax (IGST), Union Territory (UTGST), GSTR-1, GSTR-2, GSTR-3B, GST COM-08, GSTR-4, GST Annual Report, Unit Quantity Code, B2B Invoice (4A,4B,4C,6B,6C, B2C Large Invoice (5A,5B), B2C Small Invoice (7), Credit Note, Debit Note for Registered and Unregistered Parties 9B), Export Invoice (6A), Tax Liabilities on Advance Received (11(1), 11A(2)), Adjustment of Advance Received (11B(1), 11(2)), Nil Rated Invoice ( 8A,8B,8C,8D), HSN Code, SAC Code, B2B Invoice (3, 4A), Credit Note/ Debit Note for Regular (6C), B2BUR Invoice for Unregistered Dealer and Reverse Charge (4B), Import of Service (4C), Import of Goods (5), Debit Note/ Credit Note for Unregistered Dealer (6C), Nil Rated Invoice (7), Advance Payment (10A), Adjustment of Advance Payment (10B), Reverse Charge liability Booking on Inward Supplies and Import of Services, Outward Supplies Liable to Reverse Charge [Outward Taxable Supplies Other than Zero Rated, Nil Rated and Exempt, Outward Taxable Supplies Zero Rated, Outward Taxable Supplies Nil Rated and Exempt, Inward Supplies Liable to Reverse Charge, Non-GST Outward Supplies], Inter-State Supplies made to Unregistered Person, Composition Taxable Person, and UIN Holders, Eligible ITC [Available ITC, ITC Reverse, Net ITC], Ineligible ITC (17(5)), Value of Exempt, Nil Rated and Non-GST Inward Supplies, Interest and Late Fees on GST, Input Credit to be Booked, Decrease of Tax Liabilities (Adjustment Against Credit, Cancellation of Advance Payment under Reverse Charge, Purchase Against Advance Payment), Increase of Tax Liabilities (Advance Paid Under Reverse Charge, Import of Capital Goods, Import of Goods and Services, Purchase Under Reverse Charges), Increate of Input Tax Credit (on Import of Capital Goods, Import of Goods and Services, Input Service Distributor ISD Transfer, Purchase from SEZ, Purchase Under Reverse Charge, Re-Claim of Reversal ITC, TCS Adjustment, TDs Adjustment, Transitional Credit), Refund of Interest, Late Fees, Penalty, Reversal of Input tax Credit ( 43(1)(h), 42(1)(m), Import of Service, Ineligible Credit, ISD Credit Note (39(1)(j)(ii), Non-Payment to Supplier (37(2)), Reversal of Tax Liabilities, E-Way Bill

Introduction (Features of GST, Benefits of GST). GST Rates in India, Place of Supply, Regular Dealer & Composition Dealers, Payment of GST, Input Credit Tax (Considering GST as Input Tax upon Paying Reverse Charge, Necessary Conditions for Obtaining ITC, Time Limit for Taking ITC, Negative List on which ITC is not permitted, Order of Utilization, Reversal of Input Tax Credit, Ineligible Inputs and their Credits), Input Services Distributor (ISD), Annual Return and Final Return

Tax Deducted at Source (TDS)

Introduction, How to apply of TAN, Various Section and rates of TDS Working with TDS, Defining TDS Statutory Master, TDS Nature of Payments, Deductee Types, Creating Expense Ledger, Creating Party Ledger, Creating Tax Ledger, Defining TDS Voucher, Journal Voucher for TDS on Expenses, Creating Payment Voucher, TDS Reports, TDS Computation,

TDS Challan Reconciliation, TDS Return, Varies ways to TDS deduction, Reversal of TDS Deduction, Normal Tax Rate, Higher Tax Rate, Lower Rate (194), Zero Rate (1941)

Generating and Printing Reports

Introduction, Financial Statements, Balance Sheet, Profit & Loss Account, Trial Balance, Accounting Books and Registers, Cash Book, Bank Book, Purchase Register, Sales Register, Day Book, Inventory Books and Registers, Stock Summary, Stock Item Summary, Stock Group Summary, Sales Order Book, Purchase Order Book, Stock Ageing Analysis, Stock Valuation Methods, Statements of Accounts, Cash Flow Statement, Fund Flow Statement, Ratio Analysis, Exception Report, Printing Reports, Print Format, Multi-Accounting Printing.

Live Project -

Mini Project on Handling Account of any Firm, Handling Accounts of a Service Firm, Trade Firm, Manufacturing Firm.

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