Course Structure

Basics of Accounting

  • Introduction to Accountancy
  • Book keeping
  • Difference between book keeping & accounting
  • Classification of accounts

Concepts of Accounting

  • Double entry concept
  • Separate entity concept
  • Money measurement concept

Recording Procedure in Accounting

  • What is a transaction?
  • Recording of transactions in Book of Primary Entry (Journal)
  • Posting of transactions into ledger
  • Ledger Balancing
  • Preparation of Trial Balance
  • Introduction of Subsidiary Books of Accounting
  • Accounting Equation

Preparation of Final Accounts

  • Significance of Final Accounts
  • Introduction to terms like Revenue & Capital
  • Incomes/Expenses, Direct /Indirect Incomes & Expenses, Current Assets & Liabilities, Fixed Assets & Liabilities
  • Introduction to Trading Account
  • Profit & Loss Account
  • Balance Sheet

Tally 9

  1. Starting Tally
  • Tally Screen -: Button Bar, Calculator, Gateway of Tally Menu
  • Creation of company
  1. Account Master
  • Ledger Accounts & Groups
  • Creation of Multiple Ledgers
  1. Account Vouchers
  • Payment, Receipt, Contra, Purchase, Sales, Journal
  • Debit Note & Credit Note
  • Purchase Order & Sales Order
  • Interest Calculation
  • Price List
  1. Account Reports
  • Statement of Accounts
  • Trial Balance
  • Profit & Loss Account
  • Balance Sheet
  • Ratio Analysis
  1. Inventory Masters
  • Introduction to Inventory
  • Creation of Company for Accounts With Inventory
  • Stock Groups, Stock Item, Units of Measure
  1. Taxes
  • Introduction to Value Added Tax
  • Company configuration with Vat enabled
  • Voucher entry
  • Vat Reports
  • Introduction to Central Sales Tax
  • Company configuration with Cst enabled
  • Voucher entry
  • Statutory Reports