Accounting is a procedure to document, categorize, summarize, interpret and communicate the financial information about a business. No matter what company, field, industry or sector one belongs, the process of accounting is a mainstay to manage a business productively.

The course in basic accounting will introduce you to the cardinal terms like debit, credit, balance sheets, taxes and financial reports, giving you an overview of managing accounts electronically with “e-accounting”

• Introduction to Accounting, uses and application
• Accounting Terms – Expense, Income, Assets and Liabilities
• Accounting Principles and Conventions
• Concept of Debit & Credit
• Golden & Modern Rule of Debit and cre

•  Recording transaction in Journal
•  Entry for outstanding expense and accrued income
•  Depreciation
•  Bad debts
•  Accounting for Income Tax
•  Adjustment entries
•  Reserve and provision
•  Posting of transactions in Ledger book

• Basics of Tally
• Introduction to Tally ERP 9
• Installation of tally ERP 9 software
• Default Data path and changing it
• Creating company
• Alteration and Deletion of Company
• Introduction to Gateway of Tally ERP 

• Introduction to masters and Account Masters
• Creation of Ledgers
• Alteration and deletion of Ledgers
• Creation of Groups
• Alteration and deletion of Groups
• Creation of ledgers with opening balance
• Creation of Suppliers & Customers ledger with bill wise details

• Understanding default accounting voucher types
• Receipt voucher
• Payment voucher
• Contra voucher
• Purchase voucher- invoice and voucher mode
• Sales voucher- invoice and voucher mode
• Journal voucher
• Inventory vouchers

• Inventory Masters- Stock Group, Stock category ,Stock Item, Unit and Godown
• Creation of inventory masters
• Alteration and deletion of inventory masters
• Job-Order Processing
• Stock transfer after creating voucher class
• User Maintenance & Tally Audit
• Bill of Material – Production, Assemble, Unassembled
• Alternate and combined UOM
• Stander price
• Part number and other features

• Bank Reconciliation
• Export and Import of data
• Data Security and Backup
• Zero Valued Transactions
• Configurable Invoicing
• Stock Transfer
• Cheque Printing
• Company Logo
• Reporting
• Multiple Price List for different group of customers
• Interest calculation with or without advance parameter
• Generating Point of Sale Invoice (POS)
• Voucher Class with separate configration
• Non Accounting Voucher-Reversing Journal & Optional vouchers
• Creating Scenario
• Cost Centre and cost category
• Credit Limit and Budget Control

• MIS Reporting
• Exceptional Reports
• Email Reports
• Confirmation of Accounts
• Generate Reminder Letters
• Split of Data, Group and Merge Company
• Back-up and restore

Payroll is used to manage complete details of salary, employees, HR compliances and other related requirements.

• Creating Employees Masters
• Define Salary Components
• Defining Salary structure and copying thereof
• Leave categories
• Attendance types
• Bonus
• Gratuity
• Loan and advances management
• Overtime Management
• Enabling and filling statutory details
• PF and ESI Rules and rates
• PF and ESI calculation and Accounting
• TDS Deduction on salary
• Monthly Attendance
• Auto calculation and entry of Monthly Salary
• Entry for PF,ESI and DLI
• Entry of User defined salary components
• Generate payroll reports- Pay-slip, Attendance Register, Salary register
• Payment Advice
• Leave Reports
• Auto mailing of pay slips to employees
• Payroll statutory report

TDS stands for Tax Deducted at source . The concept of TDS was introduced in the Income Tax Act, 1961. At present, Income from several sources are subject to TDS.

• TDS Transactions in Tally
• TDS Computation
• TDS on advance payment
• TDS without PAN
• Payment of TDS
• TDS Reports

TCS is applicable on some selected transactions and TCS compliance is almost similar to TDS but applicable Rule is different.

• TCS Transactions in TALLY
• TCS Computation
• Payment of TCS
• TCS Reports

Goods and Services Tax is a comprehensive tax levied on supply of goods and services across India.

• GST on Goods (Local & Interstate)
• GST on Services (Local & Interstate
• Item rate wise and value wise GST
• HSN and SAC
• ITC under GST and Adjustment thereof
• Analysis of GSTR-1,GSTR-2 and GSTR-3/3B
• Treatment of Reverse charge in GST

INCOME TAX- INTRO, RETURN FILING (WEBTEL, COMPUTAX & EXCEL)

Income tax reporting is mandatory for all business entity and individual/HUF if income exceeds basic exemption limit.

• Obtaining PAN
• Registration under Income Tax
• Computation of Income Tax
• Residential Status
• online payment of taxes
• Return filling through WEBTEL, COMPTAX  and  EXCEL
• ITR Forms – ITR-1, ITR-2, ITR-3, ITR 4 Sugam, ITR-5, ITR-6
• Process of Refund claim
• Advance tax
• Self-Assessment Tax
• Tax on regular Assessment
• Revise return
• Penalty, Interest etc….

Online financial transactions are the base of Digital India. Online payment is mandatory in certain cases. So we must have complete knowledge of online banking and Digital Payment

• Introduction of banking
• Online bank payment
• Amount transfer from one bank of another: – NEFT, RTGS and IMPS
• Bill payments
• Stop payments
• online bank statement
• Debit / Credit /Travel / Others
• Aadhaar Enabled Payment System
• Unified Payments Interface
• Mobile Wallets
• Internet banking
• Mobile banking

Having a technical and discipline-specific expertise can help you get to the interview room but it’s the soft skills that will make the hiring manager hand you the appointment letter.  Soft skills are also a key player to make headway in an existing job.  Managerial profiles are often tendered to individuals showing empathy, positive attitude and team-playing spirit.

An individual is not born with soft skills.  There are mastered with methodical application.  Through our course, students will be coached for the following soft skills:-

• Communication in English
• Public speaking
• Interview skills
• Time and Stress Management
• Emotional Management (EI)
• Leadership and Being a Team-player