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Advance Diploma Financial Accounting & Business Taxation

 
NIFM is the top-most leading education institute of Financial Accounting and business taxation for a decade in India. Students are excelling their accounting career with NIFM best advance accounting courses, and we offers job placement assistance. We have rigorously observed the market and upgrades our accounting courses curriculum with the all-new accounting trends & strategies. Our Advance Diploma in Accounting & business taxation offers all basics of accounting, taxation upto advance knowledge of financial accounting. Tally Prime/ERP9 with GST, GST certification course, Business Taxation, Income Tax, TDS, TCS, ESI & PF, basic excel, Overview of MCA portal, Payroll Managements, to make you competent enough to grab the job in this competitive market. 
 
The demand for E-Accountants or Smart Accountants is increasing day by day to compute and process the tax assessment, routine compliance work. NIFM make their students ready with hand-on working experience on LIVE PROJECT with using software like Tally Prime/ERP9 and Java based Utility by Government Schema. NIFM assures you to get the best accounting learning with the best facilities and services. Students get practical exposures under industry experts with 10+ years of accounting experience, which makes them Professional E-Accountants and stand out from the crowd. NIFM offers best beginner to advance level courses for 12th pass students and undergraduate students. A candidate can also enroll in these courses after graduation. NIFM also offers offline and online classes.
 
 

Why Choose Advanced Diploma in Financial Accounting and Business Taxation Course:

  
NIFM is Tally Educational Partner and students can have additional certification from Tally also, that will enhance his job prospectiveness.

Professionals Accountants or E-Accountants are becoming a needed job in the business industry and play a very important role in the success of many businesses. Employment of accountants is projected to grow 15% from 2025 to 2030, faster than the average for all other jobs. Even student can start there own consultancy practice in accouting and taxation field, GST and Income Tax.

NIFM believes in learning before earning and our basic to advance accounting courses gives you quality learning with a career boost in accounting. Advance Diploma in accounting course develops analytical skills and offers a solid ground and professional competence in all aspects of accounting & business taxation. It is a rigorous course in the field of Accounting, Finance, Taxation & GST which opens the doors to various career options in this domain.

Advance Accounting Training Course Highlights

 
Expertise you in modern Book Keeping.
Computerized Entry and Finalise Reports.
E – Filling of GST with Automations of Periodical Filling.
E- Filing of TDS / TCS and Generate Challan 281, online filling of monthly, quarterly and annual reports.
E-Filling of Income Tax with the appropriate format of ITR1, ITR2, ITR3, ITR4, ITR5 and ITR6 (Computations and Verifications).
 Industrial live case studies by the industry experts
Flexibility in batch days and time schedule with offline and online classes
Placement Assistance in companies & CA firm
Experienced and friendly trainers
Smart, well-equipped classrooms with audio-video aids.
Consolidated learning with regular home assignments.
Career guidance
Lifetime support from faculties
Low batch strength
24 X 7 Assistance and support
Get help to start business as accounting & income tax professional if required
Certification from NIFM
 Certification from Tally (Tally Exam Cost to be borne by students separately (If student needs certification from Tally), apart from NIFM course fees) 
Get assistance in future when something new arrives in market
Coverage of all practical as well as theory classes
Good infrastructure and supportive management.

PROGRAM FEE STRUCTURE

•Program Fee – Rs 75,000  +  GST ( In 6 Installment )

•Program Fee – Rs 65,000  +  GST ( One Time Payment )

Note: Tally Exam Cost to be borne by students separately (If student needs certification from Tally), apart from NIFM course fees above.

•Program duration – 9 Months

Who Should Enroll for the Course?

 
- Students
- Undergraduates
- Graduates
- Working Professionals 
- Entrepreneur
- Business Man
- Housewife
- Freelancers

Professionals can also enroll for advance accounting course to upgrade themselves with latest updations, trends, and strategies.

Get Working Experience on Software:

 
- Tally Prime / ERP 9 with Income Tax, TDS/TCS & GST
- Certification for Diploma in Taxation from NIFM
- Practical Industrial Training
- Complete hands-on experience on govt utility for taxation
- E – Filling of GST with Automation of Periodical Filling.
- E- Filing of TDS / TCS and online filling of monthly, quarterly, and annual tax & returns.
- Java-based Utility by Government schema (Income Tax)
- Govt utility for TDS & TCS
- Govt utility for GST
- Get assistance in the future when something new arrives in the market
- Get help to get work as a freelancer if required
- Get help to start a business as an income tax professional if required

Advance Diploma in Financial Accounting & Business Taxation is a Job Oriented Program with offline and online classes

DETAIL CURRICULUM

Module-1
Business Accounting

Basics of Accounts
Accounting Concepts
Types of Accounts
Basics of Tally Prime/ERP9
Creation / Setting up of Company in Tally Prime/ERP9
Creating Accounting Masters in Tally Prime/ERP9
Setting up Accounts Heads
Group & Ledger Creation
Voucher Entry
Debit & Credit Note
Creating Inventory Masters in Tally Prime/ERP9
Stock Groups, Godowns / Locations
Unit of Measure Stock Items
Advance Accounting in Tally Prime/ERP9
Bill Wise Details
Cost Centres and Cost Categories
Invoice Entry using voucher categories
Payment vouchers using voucher classes
Stock Journal using vouchers classes
Adjusting Forex Gain / Loss 
Bank Reconciliation 
Interest Calculation
Creating a Group Budget
Order Processing in Tally Prime/ERP9
Sale / Purchase order processing
Display Columnar orders & Stock Details
Reorder Levels
Tracking Numbers
Bill of Materials
Price Levels & Price Lists
Stock Valuation
Zero valued Entries
 Point of Sale (POS)
 Shortcut keys
 


 Module-2 (GST & TDS/TCS with Tally Prime/ERP9)

GST with Tally Prime/ERP9
What is Goods & Service Tax Act 2017
Types of Taxes under GST
How will GST work in Tally Prime/ERP9 ?
Introduction to GST Invoice
Invoice format under GST Regime
 How to Pass Accounting Entries under GST 
Introduction to Credit Note in GST
Credit Note in GSTR1
 Input Tax Credit & Payment in GST
Bill of Supply in GST
E-way bill in GST
Introduction to GSTR1
Introduction to GSTR3B
Introduction to GSTR2A/2B
 Generate Eway Bills using Tally Prime/ERP9
 Generate E-Invoice
 Composition Scheme Under GST
 Reverse Charge Mechanism (RCM)

  

TDS with Tally Prime/ERP9

TDS Process
TDS Features in Tally Prime/ERP9
Enabling TDS in Tally PrimeERP9
Recording Basic TDS Transactions
Transactions Involving TDS
 Generating TDS Challan
Payments of TDS
Recording Advanced TDS Transactions
 Adjustments in TDS
TDS on Expenses with Inventory
 TDS on Sales Commission
 TDS on Professional Fees
 TDS on Rent
 TDS on Contractors
 TDS on Interest
 TDS on Salary
Reversal of Excess TDS Deducted
TDS Reports
Computation of TDS
 TDS Working Sheet in Excel
Challan Reconciliation
• Out Standing (TDS Payable)
TDS Not Deducted
 

Module-3 (Payroll & Income Tax with TallyPrime/ERP9)
Payroll with Tally Prime/ERP9

Payroll Accounting & Compliance
 Employee Pay head Break up 
Configuring Payroll in Tally Prime/ERP9
Processing Payroll in Tally Prime/ERP9
Accounting for Employees PF Contribution 
Processing Employer PF Contribution
 Accounting for Employer ESI Contributions
Processing Employer ESI Contribution
• Generating Payroll Reports
Pay Sheet
 Generating Salary Slip
Payroll Statement
Payroll Register

 

Income Tax on Payroll with Tally Prime/ERP9

Introduction to Income Tax on Salary
Configuring Income Tax in Tally PrimeERP9
Income Tax Master Configuration
Employees Income Tax Declarations 
 Tax Configuration
Pay Head creation for Income Tax Deduction 
Processing Salary with Income Tax Deduction
Income Tax Reports

 
 

Module-4
Goods & Services Tax (GST) E-Filing

 Introduction of Goods & Services Tax (GST)
 Structure of GST
 Invoicing in GST
 Input Tax Credit & Payment in GST
 Matching of GSTR2A,2B with GSTR3B
 Correction in GSTR1 through GSTR1A
 GSTR1 Reconciliation
 GST Return Filing GSTR1, GSTR1A, GSTR3B
 Composition Scheme Under GST
 Reverse Charge Mechanism (RCM)
 E-Way Bill under GST
 Registration under GST 


 

Module-5
Tax Deducted at Source (TDS) / Tax Collected at Source (TCS) E-Filing

Introduction of Taxation in India
Payment to other than Salary Return 26Q
 Salary Components with Payroll
TDS Return Form 24Q
Tax Collection at Sources
Payment to Non-Resident 27Q
About Traces Website
Interest & Penalty 
 TAN
 
 


Module-6
Income Tax E-Filing

 Introduction of Income Tax
 Income from salary
 Income from house property
 Income from business & profession
 Income from capital gain
 Income from other sources
 Online Registration for PAN
 Computation and Filing of ITR1
 Computation and E Filing of ITR2
 Computation & E Filing of ITR3
 Computation of Presumptive income & E Filing of ITR4
 Computation  of Partnership Firm & E Filing of ITR5
 Computation  of Companies Return & E Filing of ITR6


ROC & Excel

 Overview of MCA functionality
 Overview of company incorporation
 Search company master data
 Downloding of public documents
 Overview about DIR6
 Basic knowledge of excel
 Formula: ( SUM, SUMIF, SUMIFS, IF, VLOOKUP, HLOOKUP, PERCENTAGE)

Career Opportunity

Career Opprtunities after Advance Diploma in Financial E-Accounting & Business Taxation?

Students can get jobs for the positions like:

 

  • Accounts Executive
  • Senior Accountant
  • E Accountant
  • Tax Professional
  • GST Professional
  • Financial Analyst
  • Financial Accountant
  • Accounts Manager
  • Free Lancer 

Eligibility Criteria for Admission:

 
Candidate should have minimum qualification of 10+2, Undergraduate or Graduation and well versed with computer, MS Office & Internet.
 

Speak to our counselors to get more details for the best accounting courses: +91 9910300590, +91 8588868475

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NIFM offers various accounting courses with different duration.

6 Months Diploma in Financial Accounting

6 Months Diploma in Taxation

Certified GST Professional

Certified Accounts Professional

Admission Inquiry

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