Manav
Jalandhar/Online
Skills
About
I am a CIA-qualified accounting and finance professional with 7+ years of practical experience in Accounting, GST, Auditing, Reconciliation, and Tally Software. I have 7 years of s...
I am a CIA-qualified accounting and finance professional with 7+ years of practical experience in Accounting, GST, Auditing, Reconciliation, and Tally Software. I have 7 years of strong hands-on experience in Tally and focus on teaching with clarity and transparency.My teaching approach is simple, practical, and easy to understand. I help students build strong fundamentals and apply concepts confidently in real-life business situations.
Manav
Jalandhar/Online
Skills :
I am a CIA-qualified accounting and finance professional with 7+ years of practical experience in Accounting, GST, Auditing, Reconciliation, and Tally Software. I have 7 years of s...
I am a CIA-qualified accounting and finance professional with 7+ years of practical experience in Accounting, GST, Auditing, Reconciliation, and Tally Software. I have 7 years of strong hands-on experience in Tally and focus on teaching with clarity and transparency.My teaching approach is simple, practical, and easy to understand. I help students build strong fundamentals and apply concepts confidently in real-life business situations.
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Courses by: Manav
Tally Accounting Course (Basic + Advanced) by Manav
The Complete Tally Accounting Course (Basic + Advanced) by Manav is a comprehensive program designed to build strong practical knowledge in financial accounting using Tally software. This course covers accounting fundamentals, GST compliance, TDS, payroll, bank reconciliation, inventory management, and finalization of accounts.
It is ideal for students, commerce graduates, business owners, and job seekers who want practical, industry-relevant accounting skills. The course is available in both online and offline modes, offering flexibility for learners.
The training focuses on real-time business scenarios and hands-on practice to ensure students gain job-ready accounting expertise.
What Student Will Learn
Module 1: Accounting Fundamentals
• Golden Rules of Accounting
• Journal Entries
• Ledger Posting
• Trial Balance Preparation
• Understanding Debit and Credit logic
This module builds the core foundation required for practical accounting.
Module 2: Tally Introduction & Company Setup
• Introduction to Tally and interface navigation
• Creating and configuring a company
• Security controls and basic settings
• Understanding accounting features
Students learn how to set up a company from scratch in Tally.
Module 3: Ledger, Groups & Inventory Masters Creation
• Creating accounting groups
• Ledger creation and classification
• Inventory masters setup
• Stock groups, stock categories, and units
Module 4: Voucher Entry
• Sales Voucher
• Purchase Voucher
• Payment Voucher
• Receipt Voucher
• Journal Voucher
• Debit Note and Credit Note
Hands-on practice with real business transactions is included to ensure accuracy and confidence.
Module 5: Inventory Management
• Stock item creation
• Purchase and sales with inventory
• Stock valuation methods
• Inventory reports and analysis
Module 6: GST Setup & Return Overview
• GST configuration in Tally
• Creating GST ledgers
• GST purchase and sales entries
• Understanding GSTR-1 and GSTR-3B reports
• GST return overview and reconciliation
Module 7: Bank Reconciliation (BRS)
• Recording bank transactions
• Understanding bank reconciliation statement
• Practical BRS preparation
Module 8: Payroll Basics
• Employee creation
• Salary structure setup
• Payroll vouchers
• Basic payroll reports
Module 9: Advanced Features
• Cost Centres and Cost Categories
• Budget creation and control
• TDS setup and entries
• Financial management tools
Module 10: Finalization of Accounts
• Profit & Loss Account preparation
• Balance Sheet preparation
• Understanding financial statements
• Year-end adjustments
Teaching Methodology
• Practical hands-on training
• Real-time business examples
• Step-by-step software demonstration
• Practice assignments
• Doubt-clearing sessions
• Job-oriented approach
Who Should Join
• Commerce students
• B.Com / M.Com students
• Business owners
• Job seekers in accounting field
• Professionals upgrading to GST and TDS accounting
Learning Outcomes
• Strong foundation in financial accounting
• Practical knowledge of Tally Prime
• Ability to handle GST and TDS compliance
• Confident preparation of financial statements
• Industry-ready accounting skills
• Capability to manage business accounts independently
Basics of Handling Profit & Loss Accounts Course by Manav
The Basics of Handling Profit & Loss Accounts course by Manav is designed to help students, business owners, and accounting professionals clearly understand how Profit & Loss (P&L) statements are structured, prepared, and analyzed.
A Profit & Loss Account is one of the most important financial statements used to measure a company’s performance. This course focuses on building strong conceptual clarity along with practical understanding of revenue recognition, expense classification, adjustments, and profitability analysis.
Available in both online and offline modes, the course combines theory with practical examples to ensure learners can confidently prepare and interpret P&L statements in real-world scenarios.
What You Will Learn
Understanding & Managing Profit & Loss Account
• Purpose and importance of the P&L Account
• Difference between Trading Account and Profit & Loss Account
• How businesses measure financial performance
• Relationship between P&L and Balance Sheet
Structure of Profit & Loss Account
• Standard format of P&L statement
• Direct vs indirect expenses
• Operating and non-operating income
• Layout used in firms and companies
Students will learn how to structure a proper Profit & Loss statement step-by-step.
Revenue & Expense Classification
• Operating revenue vs non-operating revenue
• Direct expenses vs indirect expenses
• Fixed vs variable costs
• Capital vs revenue expenditure
Clear classification helps in accurate financial reporting and analysis.
Gross Profit & Net Profit Calculation
• Formula and calculation of Gross Profit
• Understanding Cost of Goods Sold (COGS)
• Calculation of Net Profit
• Understanding operating profit and final profitability
Learners will practice preparing profit calculations from trial balance data.
Recording Adjustments
• Depreciation entries and impact on profit
• Outstanding expenses
• Prepaid expenses
• Accrued income
• Adjustment entries and their effect on final accounts
This section ensures students understand real-world year-end adjustments.
Analyzing Profitability of Firms & Companies
• Reading and interpreting financial statements
• Identifying profit trends
• Basic profitability ratios
• Comparing performance across periods
• Decision-making using P&L data
Students learn how businesses analyze performance using financial reports.
Common Errors & Rectification
• Misclassification of expenses
• Incorrect adjustment entries
• Overstatement or understatement of profit
• Rectification techniques
This module helps learners avoid frequent accounting mistakes.
Teaching Methodology
• Concept-based explanations
• Practical examples and case studies
• Step-by-step preparation of P&L accounts
• Real business scenarios
• Doubt-clearing sessions
• Hands-on practice
Who Should Join
• Commerce students
• B.Com and M.Com students
• Business owners
• Beginners in accounting
• Professionals seeking clarity in financial statements
Learning Outcomes
• Ability to prepare a Profit & Loss Account independently
• Clear understanding of revenue and expense classification
• Practical knowledge of adjustment entries
• Strong foundation in financial statement analysis
• Improved ability to analyze business profitability
