Course Content
Accounting Terms
Double Entry System of Accounting
Types of Accounts
The Golden Rules of Accounting
Source Documents for Accounting
The Accounting Equation
Maintaining Chart of Accounts
Creating Groups
Creating Ledgers with proper grouping
Mentioning Opening Balance in Ledgers
Create and Maintain Subsidiary books and control accounts
Maintaining Stock Keeping Units (SKU)
Creating Stock Items
Creating Unit of Measurement
Creating Stock Groups
Parallel Classifications: Creating Stock Categories
Performing the accounting entry/ Recording Day to day business transactions
Verification of documents before accounting
Process invoices
Recording Payment/Receipt vouchers
Record Cash Deposits/ Withdrawal
Recording Purchase and Sales vouchers
Recording Purchase and Sales invoices with inventory details
Process Purchase return and sales return
Recording for provisions
Accounts Receivable and Payable Management
Creating References
Tracking References
Closing bills with partial/full payment
MIS Reports
Financial Statements (Balance Sheet, Trial Balance, P&L)
Books and Registers (Daybook, Receipt & Payments, Receivables & Payables, etc.)
Recording Tax invoices for Trading Businesses (VAT)
Configuring Tax Rates
Recording transactions with statutory details
Recording Tax invoices for Service Industries (Service Tax)
Configuring Tax Rates
Recording transactions with statutory details
Recording vouchers with TDS
Configuring Tax Rates
Recording transactions with statutory details
