The module will introduce students to the fundamental of accounting data entry, the preparation, uses, and limitations of accounting information. Course Provides an introduction to professional level accounting, its basic concepts, methods, and practices. A student learns to record basics transactions within the double-entry system, simple adjustments & various elements of financial statements: assets, liabilities, and capital.
On-the-job training in 2 months transaction files of trading business consisting of more than 200 live transaction document like sales invoice, purchase invoice, e-way bills, receipt vouchers, payment vouchers, debit vouchers tax challan, etc.
Understanding business entity concept, cash & accrual basic of accounting
Recording various sales & purchase entries in trading business setup, capital introduction to business, provisioning of salary & other direct expenses
Introduction to IPT & OPT, CGST, SGST, IGST, Understanding direct & indirect expences, T.D.S deduction & Monthly G.S.T Adustments
Computrized accounting using ERP: Tally/ Peachtree/ Quickbox