Topics

SEMSESTER-I

Basic Accounting

• Introduction to Accounting
• Company Creation / Alteration
• Creation of Ledger
• Creation of Account Groups
• Display and Alteration of Ledger
• Display and Alteration of Account Groups

Voucher Transactions

• Receipt Entry
• Payment Entry
• Contra Entry
• Journal Entry
• Purchase Order
• Receipt Note
• Purchase Entry
• Sales Order
• Delivery Note
• Sales Entry

Inventory Master

• Creation, Display and Alteration
• Stock Group
• Stock Category
• Units of Measurement
• Godown
• Stock Item

Stock Journal

• Passing of Stock Journal Entries
• Stock Transfer

Cost Centre & Cost Category

• Creation of Cost Centre
• Creation of Cost Category
• Passing of Voucher Entry using Cost Centre and Cost Category
• Cost Centre Reports
• Cost Category Reports
• Advanced & Professional Features

Interest Calculation

• Introduction to Interest Calculation
• Activate Interest Calculation
• Simple Interest Calculation
• Compound Interest Calculation
• Interest Calculation Reports
• Simple Interest Report
• Compound Interest Report

Budget

• Create Budget
• Passing of Voucher Entry against Budget
• Display Budget Variance Report

Price List

• Create Price Level
• Retailer Price Level
• Wholesaler Price Level
• Transaction Price List

Manufacturing Process

• Introduction
• Formula Creation
• Use of BOM (Bill of Materials)
• Create Voucher Type – Manufacturing Journal
• Passing Manufacturing Entries
• Use of Additional Cost

Manufacturing Process – Job Work Out

• Introduction
• Enabling Job Order Processing
• Voucher Type Setup for Job Work Out
• Voucher Type Setup for Job Work In
• Activating Bill of Materials
• Job Work Out Order Processing
• Job Work Out Reports
• Job Work In Order Processing
• Job Work In Order Reports

Job Costing

• Introduction
• Features of Job Costing
• Enabling Job Costing
• Creating Required Masters
• Creating Ledgers for Job Costing
• Creating Stock Items for Job Costing
• Creating Manufacturing Journal Voucher Type
• Recording Job Costing Related Transactions
• Job Costing Reports
• Job Work Analysis Report
• Material Consumption Summary Report
• Comparative Job Work Analysis Report

Payroll Management

• Features of Payroll
• Activation of Payroll Features
• Creation of Payroll Masters
• Basic Salary
• DA
• PF
• ESIC
• Overtime
• Bonus
• Gratuity
• Leave
• Creation of Attendance
• Passing Payroll Entries
• Display All Payroll Reports

Backup, Restore & Security

• Backup and Restore
• Year End Process
• Password Policy
• Security Control
• Admin Users and Passwords
• Security, Backup and Restore

Register Reports

• Sales Register
• Purchase Register
• Cash & Bank Books
• Statement of Accounts
• Journal Register

Financial Reports

• Balance Sheet
• Profit & Loss Account
• Receipt and Payment
• Trial Balance

Management Information System (MIS) Reports

• Receivables and Payables
• Cost Centre Reports
• Cash Flow
• Funds Flow
• Ratio Analysis Report
• Exception Reports

SEMSESTER-II

Direct Tax – Income Tax

• Basic Concepts of Income Tax
• Income from Salaries
• Income from House Property
• Profits and Gains from Business & Profession
• Income from Capital Gains
• Income from Other Sources
• Deduction under Chapter VI-A
• Computation of Taxable Income
• E-Filing of Income Tax Return
• View Income Tax Return
• View 26AS Report

TDS – Tax Deducted at Source

• Introduction to TDS
• Basic Concepts of TDS
• TDS Process
• TDS Rate and Section
• Payment Exceeding Threshold Limit
• Company Creation and Activation of TDS
• TDS Statutory Master
• Create Ledger in TDS
• Basic TDS Transaction
• Booking of Expenses in Voucher
• Expenses Partly Subject to TDS
• Recording Transaction when TDS Exemption Limit Applies

TCS – Tax Collected at Source

• Introduction
• Basic Concepts of TCS
• Activation of TCS
• Sale of TCS Goods at Lower Rate
• Sale of TCS Goods at Nil Rate
• Payment of TCS
• TCS Reports
• Challan Reconciliation
• Form 27EQ

Indirect Tax – GST

• GST (Goods and Services Tax)
• GST Concepts, Acts, Rules and Overview
• CGST
• SGST
• IGST
• UTGST
• Unregistered Dealer
• Composition Dealer
• Regular Dealer
• GST Slab Rates
• Create CGST, SGST and IGST Ledgers
• Transactions – Goods and Services
• GST Slab Rate
• Auto Calculation of GST Bill
• Advance Receipts and Payments
• GST Return Filing
• Filing GSTR-1 Return
• Filing GSTR-2 Return
• Filing GSTR-3B Return