Do you want to handle the finances of your business? Or do you just want to be aware & understand your business finances in detail? Then this course is most ideal for you.
This course will also help you save money in your business & grow.
Here, we will cover the Accounts, GST & Income Tax aspects suitable to any business. The topics covered are current & very relevant to what you do on a daily basis.
We will teach you everything practically in class, such that after this course, you will become eligible to maintain your finances.
What this course covers:
Golden terms and Golden rules of accounting
- Specific Accounting Concepts
- Bank reconciliation
- Inter-relation between accounts and taxes
- Year-end/ Month-end closure
- Reconciliation for Audit– GST and TDS
- Basics of GST
- Important concepts to understand GST: Supply, Tax Invoice, Input Tax Credit, Payment, Refund, HSN & Rates
- GST Registration
- Filing GST monthly/ quarterly returns
- Monthly calculation of GST payable
- GST payment
- Statutory timelines
- GST Website
- Basics of 5 Heads of Income
- PAN and TAN
- TDS: Accounting, returns, rate & payment
- Form 26AS reconciliation
- Calculation and payment of Advance tax
- Calculation and payment of ITR
- Filing Income Tax returns
- Computation of taxable income
Value Added Services
- Support in setting up the accounting
- Verification of current status and discussion on way forward
Who should do this Course?
- Wants to handle the finances of family business
- Who wants to understand how the finances of business work
- Start their own business
- Save money in business
- Absolutely no knowledge is required. We will start from the basics and gradually build up your knowledge.
- Laptop with MS office