Accounts - ICA Edu Skills Blog

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18 Apr, 2025 No Comments 1381 views

Trial Balance In Tally Prime: A Complete Step by Step Process

Trial Balance in Tally Prime comprises the summary of all ledger balances in one place. Manually preparing the Trial balance can be a tedious task. If there is a mismatch in the Trial Balance, you must check the ledgers properly. If there are any errors, then you need to maintain the ledgers manually but with […]

11 Apr, 2025 No Comments 1778 views

Inventory Valuation Process In Accounting: Importance, Methods, & Examples

The inventory valuation process in accounting finds the inventory value of any unsold stocks. This process can have a significant impact on preparing the financial statements. In most of the cases, inventory stock is basically an asset for your organization. It needs to have financial value to maintain a record in the Balance sheet. All […]

13 Mar, 2025 No Comments 691 views

Depreciation Entry In Accounting: Meaning, Examples, How To Calculate It

Are you confused about the calculation of the depreciation entry in Accounting? If yes, you must read this article until the end to have a clear insight into it. Depreciation of the journal entry is one of the biggest pillars of accounting that helps you understand your assets’ present status. Students often get stuck at […]

14 Feb, 2025 No Comments 4055 views

BRS in Accounting – Purpose, Benefits, Format and Method of Preparation

The main purpose of the bank reconciliation statement is to identify all the errors that can affect your tax and financial position. BRS in accounting can act as a legal document at the time of financial audit if you can maintain it with perfection. Additionally, bank reconciliation can prevent and detect fraud. In the essence […]

10 Jan, 2025 No Comments 16221 views

Cash Book In Accounting: Definition, Features, Format, Process, Faqs

A Cash Book in accounting forms a financial journal that comprises all cash receipts and disbursements. It includes all the withdrawals and bank deposits. This is one of the main areas where businesses record all cash-related transactions accurately. All the entries are divided into cash receipts and payments, which are posted in some of the […]

13 Dec, 2024 No Comments 6594 views

Chart Of Accounts In Tally Prime: A Definitive Guide For Beginners

The chart of accounts in Tally Prime matters a lot as it offers a comprehensive guide for all beginners. All these accounts are classified under several categories based on their nature and purpose. In most cases, groups are classified under the category of ledger accounts. This is why your brand development needs to boost your […]

22 Nov, 2024 No Comments 4823 views

What Is Direct Tax? A Comprehensive Guide To Direct Tax

Before I tell you something about direct tax, I just want to know what concepts come to your mind when you hear the term Direct tax. Most of the time, people think about monetary transactions, government officers who collect taxes, and financial headaches to pay off the taxes. Now, if you find the concept of […]

23 Aug, 2024 No Comments 9375 views

Accounts Payable Process in SAP: Step by Step Guide

Do you find it complex and time-consuming to explore managing accounts payable? Try SAP Accounts Payable to chase away your problems. In this blog post, we will talk about the Accounts Payable Process in SAP and how it can assist you in transforming your business’s financial operations. The following are ways through which SAP Accounts […]

16 Aug, 2024 No Comments 3662 views

Capital and Revenue Transactions: Understand the Basics

Have you ever wondered why certain business expenses are treated differently from others? The answer lies in the fundamental distinction between capital and revenue transactions. In this blog we are going to understand why it is essential to segregate between capital and revenue transactions to recognize business assets at the end of the accounting year. […]

09 Aug, 2024 No Comments 28666 views

Master Key Accounting Concepts and Conventions: Essential Guide for Financial Clarity

You can see that numbers and technical terms are often associated with accounting, making it look very complicated, but for businesses it is a way they use to reveal their financial situation. These transactions are done as per basic principles that govern until they are recorded, organized and generalized. Here the use of the accounting […]

14 Jun, 2024 No Comments 6450 views

6 Job Guarantee Courses in India to Kickstart Your Bright Career

Completed your higher education and are still jobless or awaiting any good opportunity. Whatever the reason is, it will impact your career growth. Don’t worry. Now we are here to explain the job guarantee courses to you. Yes, 100% job guarantee courses are a concept that completely revolutionized the education industry and brought transformation to […]

10 May, 2024 No Comments 2398 views

Income from House Property: A Taxpayer’s Guide

In India, if you own a property that is rented or generates any income, you have to pay taxes on its income. The income generated from this source falls under Income from House Property” as stated in the Income Tax Act 1961. This blog post aims to clarify the concept of income from house property […]

03 May, 2024 No Comments 4103 views

Chart of Accounts in Accounting: Structure, Benefits, and Examples

Strategic Business Plan with Accounting Records plays a vital role in business growth. For better accounting, there are certain procedures which needs to be followed properly. Accounts should be properly organized and categorized simply we can say there should be proper chart of accounts. Are you confused with the term charts of account in accounting? […]

01 Mar, 2024 No Comments 3558 views

Accounts Payable Process: Optimizing Cash Flow

Every business, from a small-scale startup to a large industry, works with the accounts payable process to manage its financial buzz. Confused with the simple terminology of accounts payable? It simply refers to the money a company has to pay to their vendors and suppliers for goods and services received on credit. The accounts Payable […]

23 Feb, 2024 No Comments 2274 views

General Ledger Accounting: Financial Management Guide

In the world of finance, maintaining a well-structured, accurate report is not only necessary but also important for tax compliance. Whether it’s a small-stage startup or a big business for managing finances, they all depend on the General Ledger Accounting system. If you are new to the accounting world or need to learn about general […]

17 Nov, 2023 No Comments 1299 views

Mastering Balance Sheet Statement: From Assets to Equity

In the complex world of finance, where numbers intertwine in a delicate dance, the balance sheet statement emerges as a beacon of clarity, providing a comprehensive overview of a company’s financial standing. It transcends a mere financial statement; it’s a story, a narrative woven from assets, liabilities, and equity. In this exploration of the balance […]

10 Nov, 2023 No Comments 4310 views

Zoho Books Accounting Software: Key to Financial Success

In today’s fast-moving business world, managing your finances efficiently is essential for success. Whether you’re running a small business, working as a freelancer, or having a medium-sized enterprise, managing your accounting tasks is a must. That’s where Zoho Books accounting software comes in. Zoho Books software is a user-friendly and powerful accounting software solution that […]

11 Nov, 2022 No Comments 2835 views

Best Accountant Training Program and Job Opportunities in 2022

The Accountancy Industry grew by a CAGR of 7.7% between 2016 & 2020. Furthermore, the employability for accounts, banking, finance, taxation has increased due to the adoption of AI, digital payments and the likes. If you are an inspiring Account Manager, it is paramount that you enroll in an accountant training program. But, you must […]

25 May, 2022 No Comments 1896 views

Accounting Class Near Me | Search & Choose your Course

You have to have financial accounting knowledge if you are wanting to know about the questions like – “How to become a financial manager or Accountant? How to pursue a career in the financial marketing field? Or, Which are the accounting course near me?” – Know the accounting classes near you and experience the best […]

18 Apr, 2022 No Comments 1661 views

Learn the Best Financial Accounting Course

Do you want to learn the best financial accounting courses in 2022? Or, Do you want to become an accountant financial manager, or accounting analytics? – Learning the accounts finance course from the top accounting classes is essential nowadays. To decide choosing the best training program, you can overview the article. An accounting framework can […]

04 Apr, 2022 One Comment 1918 views

Guide To Advanced Accounting Course Training

Faster than the average of all jobs, the accountant’s job role has grown by 15% across the world. Nowadays, every company adopts an effective smart & E-accountant to lead the finance process gradually. Wanting to become a financial accountant is not enough, you need to understand in-depth knowledge of advanced accounting courses and the role […]

29 Mar, 2022 3 Comments 1685 views

Be An Accounts Manager – Know More About Accounting Certification Courses

Without Accounting the health and prospects of the financial systems wouldn’t be determinable in every business – the continuous process to keep an organization active and positive. The estimated growth in the hiring activity was observed across all key sectors. 35%+ consistent growth as concerned around COVID situation, the banking/finance industry leads among all service […]

24 Mar, 2022 One Comment 1450 views

Do You Know The Simulation Softwares For Adavnced Accounting

The study of accounting is such a twisted and broad range of topics – make your vision clear through learning accounting knowledge from basic level to advanced! Interested in becoming a professional accountant? Or, want to experience financial management skills at the next level? Take advantage of ICA Edu Skills, and boost up your dream […]

Best Accounting Training Institutes India

15 Mar, 2022 2 Comments 1727 views

Top Accounts Training Institutes

“Over 84% of small and medium-sized enterprises (SMEs) consider their accountant professionals to be a very important, or even integral, part of their business.” The functioning of an economy depends on the financial structure of a country. At this time, The accounting services market in India is expected to grow at an impressive rate. Best […]

12 Mar, 2022 No Comments 1136 views

Most In-demand Accounting Course From The Best Accounting Training Institute

Accounting is often recognized as a wonderful career by industry professionals. It can be the most fulfilling and skillful workplace whether you choose to work in the private or public sector. Analytical, and adaptability skills over the accounting process are required to communicate with realistic financial targets and drive business growth. Now, if you have […]

10 Mar, 2022 No Comments 1125 views

Top Professional Accounts | Finance | Taxation Training Institutes in India

Thinking of balancing your career with Accounting? Well, you are on the right track to get the wings and fly high! Don’t limit your dreams just to an accounting and finance degree. Accounting, finance, and taxation certification courses from a professional training institute, highlight the time and effort you give to your career to expand […]

28 Jan, 2022 No Comments 1097 views

4 Awesome Reasons To Enroll For An Accounting Course

From adaptability, tech advancements, and a career geared towards excellence, here’s why enrolling for an accounting course in 2022 can be a game-changer. As one graduate, a good number of students are known to plan a career in finance and accounting. Reportedly, as much as 35% percent of B-school candidates have been found to enroll […]

21 Jan, 2022 One Comment 899 views

Can This Online Accounts Course Be Your Endgame?

The concept of an online accounts course was always bulletproof, but can it act as your endgame? Much like the second highest-grossing movie of all time, Avengers Endgame, online accounts courses can act as the second-best career decision of your life. To make a lasting impact on your earnings, you will need a lump sum […]

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18 Apr, 2025 1381 views

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