GtechJainx - Master Financial Accounting with C-FAP Certification

Certificate Course in Financial Accounting Program (C-FAP)

C-FAP (Certificate Course in Financial Accounting Program) is a 3-month program tailored for commerce students, aiming to provide them with the necessary skills and knowledge to efficiently manage day-to-day accounting tasks across different company types. Through hands-on training with industry-standard software like Tally Prime, participants will gain practical experience in financial reporting, inventory management, banking transactions, GST compliance, payroll accounting, and other essential areas. By enrolling in C-FAP, students open doors to diverse opportunities within the finance industry

Key Highlights

Practical Approach

Practical training in Tally Prime, the leading accounting software.

Financial Concepts

Learn financial reporting concepts and practices for all types of companies.

Expertise in Inventory

Gain expertise in inventory management, budgeting, and cost control.

GST

Understand GST compliance and TDS (Tax Deducted at Source) processes.

Statutory compliance

Develop payroll accounting skills and learn about statutory compliance.

Certification

Receive a comprehensive course completion certificate.

Course Content

The primary aim of this certificate course is to build a strong foundation in accounting principles, financial statement preparation, and the understanding of various financial transactions. This course provides in-depth training in financial accounting using Tally Prime with GST and payroll, covering both theoretical concepts and practical applications. It includes end-to-end accounting processes such as transaction recording, inventory management, banking operations, and statutory compliance. Learners gain hands- on experience in generating financial statements, MIS reports, and handling real-time business scenarios, ensuring job-ready skills through exposure to industry-relevant tools and practices.

Advanced Tally Prime GST With Payroll

Introduction
Terminology used in Accounting
Concept of Accounting
Golden Rules of Accounting

Journalising Transactions
Trial Balance
Financial Statements
Subsidiary Books & Control Accounts

Download Tally Prime Setup File
Tally Prime Installation,
Company Creation, Alteration, Deletion

Tally Prime Ledgers Creation
Tally Prime Inventory (Creation, Stock Items, Groups, Units)

Recording Transaction in Tally
Recording Accounting Vouchers in Tally Prime
Receipt Voucher
Contra Voucher
Payment Voucher

Sales Voucher
Debit Note Voucher
Credit Note Voucher
Journal Voucher
Recording for Provisions

Bill Wise details
Cost Centre & Cost Categories
Voucher Class & Cost Centre Class
Multiple Currency

Interest Calculation (a. Simple b. compound)
Budgets & Controls
Scenario Management

Order Processing Reorder Levels
Tracking Number Batch- wise Details
Rejection in/Out
Delivery & Receipt Note
Additional Cost Details Bill of Materials (BOM)
Price Levels and Price Lists Stock Valuation

Stock Journal & Physical Journal
Different Actual and Billed Quantities
Zero Valued Entries
Stock Valuation
Point of Sale, Single & Multiple Payment Mode
Invoice Printing

Cheque Book Configuration in Tally Prime
Banking Transaction Types
Post Dated Cheque Management

Post Dated Cheque Note Video
BRS Note
Bank Reconciliation

Advantages of Management Information Systems
MIS Reports in Tally Prime
Trial Balance & Balance Sheet
Profit and Loss Account
Cash Flow Statement

Ratio Analysis & Books and Reports
Day Book & Receipts and Payments
Purchase Register
Sales Register
Bills Receivable and Bills Payable

Security Control
Activation of Security Control
Creation of Security Control (User Roles)

Creation of Uses & Passwords for Company
Tally Vault

Backup of Company Data
Restoring of Company Data
Company Data Repair

Migration of Tally EPR 9.0 Company Data to Tally Prime

Activation of GST in Tally Prime
Accounting of GST Transactions
Purchase from URD & Imports
Advance Receipt and Payments
Mixed Supply & Composite Supply under GST
MRP Transaction
Defining GST Rate - Slab Rate or Price Range
Accounting of Supply of Services
Input Credit & GST Tax payment
E-Way Bill
Components of E-Way Bill
Who must generate E-Way Bill
Validity of E-Way Bill
E-Way Bill Process Flow
Export for e-Way Bill Report

Update e-Way Bill Information
Input Tax Credit Set Off against Liability
GST Tax Payment
Generating GST Returns for Regular Dealer in Tally
GST Reports & GSTR-1
GSTR 3B
GSTR 9 -GST Annual Computation
Filing GST Returns in Tally
Filing GSTR-1 Returns
Generating the JSON file from Tally and uploading the same in the GST portal
Filing GSTR-9 Returns - GST Annual Computation
Generating e-Invoice in Tally Prime
Recording Outward Supply and Generating e-Invoice without e-Way Bill
Recording Outward Supply and Generating e-Invoice with e-Way Bill

Introduction to TDS
Basic Concepts of TDS
TDS Process
Enabling TDS in Tally Prime
TDS Statutory Masters
Configuration of TDS at Different levels

Recording TDS Compliant Transactions in Tally Prime
TDS Exceptions
TDS Deduction
Payment of TDS in Tally Prime
TDS Reports

Configuring Payroll in Tally Prime
Enable Payroll in Tally Prime
Payroll Masters
Payroll Transaction

Statutory Reports
Generate Pay Slips & Pay Sheet
Payroll Statement

Introduction
Importance of Audit Trail in Accounting

Enable Audit Trail in Tally Prime
Purpose of Audit Trail in Tally Prime

Drill Down Display
Date/Period Based Reporting & Comparing
Inventory Report
Stock Summary

Go down Wise Stock Availability
Movement Analysis
Stock Query
Printing of Invoice & Reports

Exporting of data in available formats
Export and Import of Data
Export and Import of Masters from one company to another in XML format
Export and Import of Transactions from one company to another in XML format

Exporting Reports to MS Excel
Exporting Reports to PDF
Open Database Connectivity (ODBC)
Printing of Company Logo on Vouchers, Invoices & Reports

Certificate

Jain:This certificate course is designed to provide a solid foundation in accounting principles, financial statement preparation, and the understanding of various financial transactions.
GJX: The primary aim of this certificate course is to establish a strong grounding in accounting principles, financial statement preparation, and the comprehension of diverse financial transactions