Professional Accountant
Syllabus
Level 1
2 months
Module 1 : Introduction to Financial Accounting
- Accounting
- Methods of Accounting
- Financial Accounting Concept
- Recording of Transactions
- Accounts Books
- Final Accounts
- Manual Accounting vs Computerised Accounting
- Computerized Accounting Software
- Accounting without codes
- Budgets, MIS and Ratio analysis (in short)
Module 2 : Introduction to GST
- Basics of GST
- Objectives of GST
- GST at Global level
- List of Goods not covered under GST
- Registration Process Under GST to be added
- Registered and Unregistered Dealers and Effects of Purchases from Unregistered Dealers.
Module 3 : Tally with GST
- Upgrading to Tally.ERP 9 Release 6.4.5
- Start Using Tally.ERP 9 for GST Compliance
- Activate GST
- Set up tax rates
- Update or create ledgers as required
- Recording Sales and Printing Tax Invoices
- Recording Purchases
- Recording a Tax Payment
- Transferring Tax Credits of VAT, excise and service tax to GST
Module 4 : Maintaining Company Data
- Gateway of Tally
- Creating and Maintaining a Company
- Loading a Company
- Maintaining Group Company
- F11: Company Features
- F12: Configuration
Module 5 : Incorporation of various laws under GST
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List of all taxes that are subsumed into GST to be given separately here.
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Reverse charge mechanism introduction of GST to be given
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Central taxes which will be included in CGST
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State taxes which will be included in SGST
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IGST
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GST Rates
Module 6 : Inventory
- Stock Group
- Stock Categories
- Units of Measures
- Godown
- Defining Tax Rate at Stack Item level
- Creating Stock Item
- Entering Opening Sock Quantity & Account
- Tally Voucher (Accounting & Inventory)
- Creating a New Voucher Type
Module 7: Bills of Materials
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Creating Single Bill of Materials for a Stock Item
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Creating Manufacturing Journal for a Stock Item with Single Bill of Materials
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Creating Multiple Bill of Materials for a Stock Item
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Creating Manufacturing Journal for a Stock Item with single/Multiple BOM created with Type of Item
Module 8 : Level 1 Project
- End to end Project for a small company – implementing all the above concepts.
Level 2
2 months
Module 1 : Batches and Expiry Dates
- Activating Batch-Wise Details
- Manufacturing date and Expiry date for batches
Module 2 : Inventory Voucher class
- Creating Stock Journal Voucher Class
- Predefined Voucher Types in Tally.ERP 9
Module 3: Payroll
- Payroll Features of Tally.ERP 9
- Enabling Payroll in Tally.ERP 9
- Five Easy Steps to Generate a Pay Slip
- Creating Payroll Masters (Payroll Info)
- Payroll Voucher Entry / Transactions
- Payroll Reports
Module 4: TDS
- Getting Started with TDS
- Configuring TDS
- Masters
- Transactions
- TDS Reports
- Union Budget Changes for TDS – 2018-19
Module 5: Reports
- Basic Features of Displaying Reports
- Modifying Reports
- Display Financial Statements
- Display Registers & Ledgers
- Display Inventory Reports & Statements
- Management Information System (MIS) Reports
- Printing Reports
Module 6: Data Management
- Backup & Restore
- Split a Company
- Import Data
- Export of Data
- E-Capabilities
Module 7: Level 2 Project - end to end application
- End to end Project for a medium to large company – implementing all the above concepts.
Module 8 : Capstone Project
This is the flagship project developed by students under the guidance of experienced faculty
Student will select practical real life project from the list of proposed proejcts
Develop requirements and design for the application
Develop the logic and the backend
Test the application
Review of the application by expert panel
Refine the application & publish
