Online BAT Certification, #1 Accounting Course & 100%Job, Free SAP FICO, “Online Live Classes”

Module 1.1 – Basic of GST Overview of Model GST Law

• Principles
• Important Definitions. (Section 2)
• Why GST is Necessary?
• Impact of GST.
• Benefits/ Demerits.
• Different Rates of GST.
• FAQ

Module 1.3 – Returns Under GST Section (37-48) with GST Rules & Formats – 10 Hrs

• Definition & Important Notes to Return.
• Types of Returns. (Annual Return, First Return, Regular Return)
• Notice to Return Defaulters.
• Levy of Late Fee.
• Goods and Services Tax Practitioners
• Various Return Form
• e. GSTR-I, II ,III, 3B
• FAQ

Module 1.5 – Input Tax Credit – Section 16-21 with GST Rules

• Eligibility & Conditions for taking ITC (Section-16)
• Block Credit (Section-17)
• Availability of Credit in Special Cases (Section-18)
• ITC for Job Work (Section-19)
• ITC Distribution by ISD (section-20)
• FAQ

Module 1.7 – Job Work & Composition Levy in GST

• Special Provision for Job Worker
• Composition Levy Section 10
• Quarterly Return for Compounding Taxable Person GSTR-4
• FAQ

Module 1.9 – Government to Roll out E-way Bill

• Identify E-Way Bill Generation Scenarios Under GST 
  • Identify -various movements which take place on daily basis
  • Sale, purchase – goods sent for repairs, job work, sales return, purchase return, imports and exports
  • Transactions with unregistered dealers etc.
• Fix Responsibility Fore-Way Bills 
  • Agreements with business participants on roles/responsibilities
  • Updating E-Way Bill in case of change in conveyance
  • Breakdown of conveyance
  • Expiry of validity of E-Way Bill
  • Return of goods from customer premises without acceptance, etc.
• Obtain GST Registration Number 
  • Prerequisite for generation of E-Way Bill
• ID From Transporters 
  • Transporter ID needs to be available before goods are dispatched
• Update Pin Codes 
  • Pin codes are mandatory field in E-Way Bill formats
• Generation login id password on E-Way Bill portal
• Assess Personnel Requirement For Generation E-Way Bills
• Assess Personnel Requirement For Generation E-Way Bills 
  • Manpower which will require to undertake E-Way Bill compliances
  • Additional manpower particularly for initial few months till system stabilizes
• Stay updated with developments in E-Way Bill
• FAQ released by the government
• regular updates from government

Module 2.1 Basic Concepts

• Person V/S Assessee
• Advance Tax
• Advance Tax
• Interest under section 234A/B/C
• Gross Total Income and Its Components
• Salary 
  • Basic Salary
  • Allowances (Exempted and Non Exempted)
  • Perquisites –(Valuation)
• House Property 
  • GAV
  • M.Taxes
  • NAV
  • Deduction u/s 24 (Statutory and Interest)
• Profit and Gains From Business Profession 
  • Expenses Allowed and Expenses Disallowed
  • Depreciation and Additional depreciation
  • TDS Compliances and computation of business income
  • Expenses allowed on actual basis
  • Cash Payment in excess of Rs.10,000.
  • Payment to related person
  • Deemed income
  • Presumptive income
  • Set off and carry forward of Business Loss
  • Carry Forward of unabsorbed depreciation
  • Maintenance of Books of accounts
  • Audit of Books of accounts
  • Introduction to ICDS
• Capital Gain 
  • Charging Section
  • Intro To Capital Assets, Holding Period and Transfer
  • Full Value Consideration
  • Cost of Acquisition
  • Sec 50C Stamp Value to be adopted as FVC
  • Capital Gain on Transfer of Shares and Debentures
  • Rates of Taxes on Capital Gain
  • Exemption under section 54
  • Set off and Carry Forward of capital loss
• Other Sources 
  • Income liable under other Sources
  • Deduction Available

Module 2.3 Income Tax Return Preparation

• 3 ways to prepare Return and filing of Return 
  • Filing of return through ITR Utility
  • Filing of Return through Software (Taxman) utility
  • Filing of Return through Tax Cloud Computing System
• General Information Required in all type of ITR 
  • Assessee Type Selection
  • Residential Status
  • Section under which return is to be filed
• ITR-1 
  • Low Value Assesse but doesn’t have Business Income
  • Documents Required for ITR-1 (Form 16/26AS/Bank Statement/Investment Detail)
  • Discussion on Different fields of ITR-1 and Assignment.

Module 2.5 Income Tax Return Preparation ITR-3

• Assesee having business income
• 26 AS Reconciliation
• Capital Gain Computation and supporting Documents
• Demat Account Detail (If Applicable)
• Bank Statement Detail
• Income from Other Sources other than Interest
• Address of properties bearing income
• Schedule of Set off and carry forward of losses
• EMI schedule from bank of Housing Loan
• Profit and Loss Account and Balance Sheet with Schedule
• Audit Report

Module 2.7 Income Tax Return Preparation ITR-6 (Applicable for Companies)

• Introduction to Company
• MAT an Introduction
• Special Provision Applicable for Companies
• Depreciation Schedule
• 26 AS Reconciliation
• Audited Profit and Loss account and Balance Sheet
• Audit Report
• Applicability of ICDS and its impact
• Dividend Distribution Tax

Module 2.9 Tax Deducted At Sources

• TDS Payment
• TDS Return on Taxman Software
• TDS return Practice on Cloud computing System
• TDS return through Return Prepare Utility (PPT)
• Consequences for Non Deposit of TDS
• Consequences for Non Filing of TDS Return
• TDS demand and resolution

Module 5.1 – Basic of Tally ERP 9

• What is Tally
• Overview of Software
• Introducing Gateway and its elements
• Creation of Company
• Basics Of Accounting
• Fundamentals of Tally ERP 9
• Create Accounting Masters in Tally ERP 9
• Accounting Vouchers
• Financial Statements and Accounting Books & Reports

Module 3A – Bill –Wise Details

• Types of Bill can be created through Tally
• Debit Note/Credit note through Tally
• Accounting Memos

Module 3C – Cost Centres and Cost Categories

• Cost Accumulation
• Defined cost unit
• Cost Management
• Direct Cost Vs Indirect Cost

Module 3E – Multiple Currencies

Module 3G – Budget & Controls

Module 5.4 – Production and Stock Management Through Tally ERP 9

• Order Processing
• Multiple Price Level
• Batch – wise Details
• Additional Cost Details
• Bill of Materials (BoM)
• Price Levels and Price Lists
• Stock Valuation
• Zero Valued Entries
• Inventory Analysis
• Different Actual and Billed Quantities
• Job Costing
• Job Order Processing

• Upgrading to Tally.ERP 9 Release 6.4
• Start Using Tally.ERP 9 for GST Compliance
• Activating GST for Your Company
• Setting Up GST Rates
• Updating Stock Items and Stock Groups for GST Compliance
• Updating a Services Ledger for GST Compliance
• Updating Sales and Purchase Ledgers for GST Compliance
• Updating Party GSTIN
• Creating GST Ledgers
• Creating Income and Expense Ledgers
• Recording Sales and Printing Invoices
• Recording Purchases
• Recording a Tax Payment
• Transferring Tax Credits of VAT, excise and services tax to GST
• Other Scenarios
• Sales – Nil Rated, Exempt, SEZ, and Deemed Export
• Recording Sales Returns
• Recording Purchase Returns
• Debit Note
• Credit Note
• Particulars (Computation Details)

Unit 1: SAP S/4HANA Overview

Lesson: Introducing SAP HANA and SAP S/4HANA

Lesson: Introducing SAP Fiori

Unit 3: Master Data

Lesson: Maintaining General Ledger (G/L) Accounts

Exercise 6: Create Account Groups for G/L Accounts

Lesson: Creating Profit Centers and Segments

Exercise 7: Create Profit Centers, Cost Centers, and Segments

Lesson: Managing Business Partners

Exercise 8: Create Account Groups and Maintain Customer or vendor Accounts

Exercise 9: Maintain Field-Status Configuration

Exercise 10: Define Sensitive Fields

Unit 5: Posting Control

Lesson: Analyzing Document Splitting

Exercise 17: Post a Document with Document Splitting

Lesson: Maintaining Default Values

Exercise 18:Maintain Default Values

Lesson: Configuring Change Control

Exercise 19: Maintain the Change Control for a Field

Lesson: Configuring Document Reversal

Exercise 20: Post a Document Reversal

Lesson: Configuring Payment Terms and Cash Discounts

Exercise 21: Maintain Terms of Payment

Lesson: Maintaining Taxes and Tax Codes

Exercise 22: Create a Tax Code and Post a Customer Invoice

Lesson: Posting Cross-Company Code Transactions

Exercise 23: Configure Cross-Company Code Transactions

Exercise 24: Post and Display Cross-Company Code Transactions

Unit 7: Automatic Payments

Lesson: Executing an Automatic Payment Run

Lesson: Using Bank Accounts

Exercise 28: Define a House Bank

Lesson: Modifying Master Records and Financial Accounting documents

Exercise 29: Modify Vendor Master Records

Exercise 30: Enter Invoices for Payments

Unit 9: Parking Documents

Lesson: Managing Document Parking Basics and Document Holding

Exercise 36: Hold and Park Documents

Lesson: Processing Parked Documents

Exercise 37: Process Parked Documents

Lesson: Managing Document Parking and Workflow

Exercise 38: Enter a Financial Document Using Parking and Workflow

Unit 11: Accruals and Deferrals

Lesson: Posting Accruals and Deferrals

Exercise 43: Post Accruals

Unit 6: Technical, Organizational, and Documentary Closing Activities

Lesson: Managing Technical Steps During the Period-End Closing Activties

Lesson: Executing the Balance Audit Trail

Exercise 44: Execute the Balance Audit Reports

Lesson: Explaining the Purpose of Document Splitting in General Ledger Accounting

Lesson: Posting Ledger Group-Specific FI Documents

Exercise 45: Post to a Ledger Group

Unit 13: Asset Accounting Organizational Structures

Lesson: Assigning a Chart of Accounts and a Chart of Depreciation to a Company Code

Exercise 50: Assign a Chart of Depreciation to a Company Code

Lesson: Assigning Management Accounting Objects to Fixed Assets

Lesson: Defining How Depreciation Areas Post to the General Ledger

Exercise 51: Define Depreciation Areas and the Update of the General Ledger

Lesson: Understanding the Importance of Asset Classes in Fixed Assets

Unit 15: Asset Transactions

Lesson: Processing Acquisitions

Exercise 62: Post an Integrated Asset Acquisition and Analyze the Asset Value in the Asset Explorer

Lesson: Posting Non-Integrated Asset Acquisitions and understanding the Integration with Materials Management (MM)

Exercise 63: Make Various Non-Integrated Asset Acquisition Postings

Exercise 64: Make Postings Integrated with Materials Management

Lesson: Posting Integrated and Non-Integrated Asset Retirements

Exercise 65: Post Integrated Asset Retirements with Accounts Receivable (AR)

Lesson: Performing Transfers Within Company Code and Intercompany Asset Transfers

Exercise 66: Transfer Assets Within Company Code

Exercise 67: Post Intercompany Asset Transfer (Across Company Boundaries)

Exercise 68: Post Intercompany Asset Transactions (Within One company)

Lesson: Representing, Distributing, and Settling Assets Under Construction

Exercise 69: Create and Post to an Asset Under Construction (AUC) and Settle It to Completed Assets

Lesson: Entering and Analyzing Unplanned Depreciation

Exercise 70: Post Unplanned Depreciation