Management Accountant Training

Contents of Account Training,  GST Training and Advance Excel

·         Treatment of opening balances

·         Choosing the chart of accounts that suits the firm’s needs and its customisation

·         Understanding how double entry is applied in accounting software and how to customise the nominal ledger and nominal codes

·         Maintaining sales and purchase ledgers of organisation

·         Setting up customers’ accounts

·         Process customers invoices and credit notes

·         Setting up suppliers accounts

·         Posting month end adjustments and journals

·         Processing suppliers invoices and credit notes

·         Generating reports customer/supplier invoices, statements and reconciling them

·         Generating aged debtors and aged creditors reports for credit control purposes

·         Understanding CIS deductions and processing invoice containing CIS element

·         Understanding reverse charge and processing invoice containing reverse charge element

·         Identifying errors and performing error corrections

·         Allocating cash payments and receipts

·         Allocating bank payments and receipts

·         Understanding accruals and processing the journal entry

·         Understanding prepayments and processing the journal entry

·         Maintaining fixed asset register of the organisation

·         Writing off fixed assets

·         Understanding gains and losses on disposals of assets

·         Suspense account reconciliation

·         Preparing closing entries

·         Preparing the Final Trial Balance

·         Running the year end procedures in  Accounts to close the financial year and start a new financial year

·         Allocating supplier payments and customer receipts against right invoices

·         Performing bank reconciliation / petty cash reconciliation

·         Preparing the GST return

·         Submitting the GST return

·         Understanding GST period and Tax point

·         Rules regarding Composition Scheme in GST

·         GST deadlines and penalties

·         E-way Bill

·         Entering,Editing & Formatting

·         Working with Basic Excel Formula

·         Modifying Excel Worksheet

·         Working with Shape and Images

·         Creating a chart in Excel

·         Printing Formatting of an Excel Workbook

·         Filter & Sorting

·         Drop Down List in Excel

·         Conditional Statement & Logical operator

·         Count & Sum Function

·         Lookup in excel

·         Text Function

·         Date & Time Function

·         Protecting Excel Worksheet & Workbook

·         What if tools

·         Pivot tables in Excel

Contents of Income Tax Training

• Rates and Slab of Individual, partnership Firm, Co-operative Society and Company
• Advance Tax calculation and Deposit.
• Deduction and Exemptions
• TDS and TCS Returns
• Depreciation Rates
• Computation of Income
• Income Returns

Software Training covered

·         TALLY ERP.9 Training

·         TALLY PRIME Training

·         BUSY Training

·         ADVANCE EXCEL

·         COMPUTAX Training

·         SAP Training (FICO Optional With Extra Charge)