On job training in 14-month transaction files of a company consisting of more than 900+ real transaction documents like sales & purchase invoices, e-way bills, receipt & payment vouchers, debit vouchers, tax challans etc.
Accounting with various complex transaction documents like credit note, debit note, cheque bounce memo, loan agreements etc.
Accounting various complicated transactions like loan taking, loan repayment, G.S.T Input & Output tax, G.S.T adjustments, advance tax, T.D.S, discounts allowed & received
Accounting of loan principle repayment, calculation of interest on reduced balancing method & EMI, accounting of bad and doubtful debts, capital adjustment/withdrawals by partners other than cash mode, advance salary to staff and related adjustments
Accounting of different types of business - Proprietorship accounting, partnership accounting, trading firms, service line & construction accounting
Formation/Amendment of various business constitution - Adding business line, induction of new partners, retirement of partners, connected accounting entries
Branch accounting & inventory integrated accounting
Analysis of financial statement - Preparation of cash flow, fund flow, Ratio analysis, studies on leverages
Finalization of accounts - Preparation of trial balance, trading profit & loss account and balance sheet at the end of each month (14 months) and annual finalization of account
Tally, MS Excel
Peachtree
QuickBooks,
Basic concepts of Goods & Services tax, IPT-OPT calculation, e-filing, return filing - GSTR 1, 2A, 3B
Basic concepts of Income tax, different tax slabs, computation of IT for personal firms & companies e-filing - ITR 1, ITR 2, ITR 3, ITR 4, T.D.S & advanced tax
Custom training simulations are the perfect way to immerse learners and teach skilled procedures that can be dangerous or costly to perform. Learners can practice in a safe environment without the fear of their mistakes causing substantial consequences and prepare themselves for success in job
Our G.S.T & I.T simulation software, can emulate the exact scenario or situation our learners would experience on the real, official Govt. of India e-filing website. Learners gain experience in drafting & performing return procedures in GSTR-1, 2A, 3B, ITR-1, 2, 3, 4