CERTIFICATE IN FINANCIAL ACCOUNTING ( S-MVCSM-03 )

Detailed Syllabus 

1. Accounting Fundamentals 

Introduction to accounting, classification of accounts, complete bookkeeping, Book register and statement of account, basic accounting terminologies, trading account, profit & loss, trial balance. 

2. Financial management 

Memo voucher, Post dated vouchers, User defined voucher type, Interest calculation, Daily balances & transaction values 

3. Inventory control  

Inventory control, objectives of inventory control, inventory reports, inventory control techniques, ABC plan, Order cycling system, stock valuation methods, FIFO, LIFO, AVCO Periodic inventory. Flexible invoicing, Purchase invoice, Voucher class with pre defined rules and information, Physical stock verification, Stock categories ,Design to Simplify VATS, Service Tax and TDS, VAT enable with state specific Statutory Return, Service Tax enabled with generates Returned/Challans, TDS enabled with E-TDS capability, Printing of Certificates/Challans. 

4. Statutory Return 

Design to Simplify VATS, Service Tax and TDS, VAT enable with state specific Statutory Return, Service Tax enabled with generates Returned/Challans, TDS enabled with E-TDS capability, Printing of Certificates/Challans. 

5. Introduction to Tally .

Company information, create, display alter, backup, restore, recovery of data, quit, gateway of tally, ledgers, ledger alteration, ledger display, budgets, groups, cost centers, voucher entry, voucher types. 

6. The Technology Advantage of Tally 

Data Security, Tally Audit, User defined Security levels, Simple and rapid Installation, Internal backup/ Restore, Removal of data into separate company, Import/Export Data, Direct Internet Access, Print Preview, Server/ Client Modules. 

7. Advanced Inventory/stock 

Stock items classification as Raw Materials, Work in Progress, Finished Goods, Bill of Materials, Excise/VAT Analysis on Invoices.

10TH PASSOUT