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13 Mar, 2025 15500 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 […]

07 Mar, 2025 22485 views

General Ledger Accounting In SAP: A Complete Overview

The main purpose of general ledger accounting is to represent the external accounting and all the accounts involved in it fully. Thus it helps record all the business transactions in software systems integrated fully with all the operational areas. General Ledger accounting in SAP forms an integral part of accounting and bookkeeping in today’s world. […]

28 Feb, 2025 2525 views

Dr. B. R. Ambedkar College – ICA Edu Skills Mega Job Fair 2025

On 24th Feb, 2025, ICA Mega Job Fair In Collaboration with Dr. B. R. Ambedkar College, University of Delhi had turned out to be an exceptional achievement. It served as a dynamic platform for ambitious students to engage directly with top-tier companies and secure valuable career opportunities. The event saw an impressive turnout, with a […]

28 Feb, 2025 2014 views

Top Lessons To Learn From Falling Markets

A falling market can be tough to navigate but it can be also packed with lessons that can reduce your headache next time when you invest. Ensure that you follow the charts and trends of the market to avoid your losses next time. There are numerous lessons to learn from falling markets to get better […]

21 Feb, 2025 38893 views

Groups In Tally Prime – Essential Concepts To Learn

Groups in Tally Prime can help you organize and classify the accounts in proper order. This can boost the scope of your brand value to a greater level. It comprises of collection of various ledgers of the same nature. One of the best things about Tally Prime is that you can easily create, alter, and […]

14 Feb, 2025 25787 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 […]

07 Feb, 2025 5871 views

Advanced Conditional Formatting In Excel with Process and Examples

Do you want to know how to do advanced conditional formatting in Excel? If yes, you must read this article till the end to get a clear insight about it. Advanced conditional formatting in Excel refers to the use of some complex rules, multiplier conditions, and formulas. Additionally, you can format cells that are based […]

31 Jan, 2025 3507 views

Analyzing The Impact Of Tax On Profit From Shares In India

Do you want to know the impact of tax on profit from shares in India? If yes, then you must get through this article till the end to have a clear insight into it. There are many homemakers as well as retired people who spend their time gainfully buying and selling shares. Tax is levied […]

24 Jan, 2025 7521 views

Place Of Supply In GST: Importance, Meaning & Types

The place of supply in GST matters a lot as it is a destination-based tax. It means it must be paid where all the products and services are ultimately used. The GST rate in India remains uniform throughout the entire country. It is very imperative to identify the place of supply for GST. As this […]

17 Jan, 2025 10278 views

SAP FICO Enterprise Structure: A Comprehensive Guide

SAP FICO Enterprise structure is the fundamental aspect of an organization’s financial reporting and management process. It serves as the lifeblood of an organizational financial management system. SAP FICO enterprise structure is a systematic representation of the business structure present in this module. Additionally, you should understand the facts before implementing this system within your […]

10 Jan, 2025 110763 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 […]

27 Dec, 2024 4171 views

Custom Number Formatting In Excel: Learn Amazing Tricks To Employ

Custom number formatting in Excel is a feature that allows all its users to format all the dates, times, and text in specific ways. It goes beyond the default options. When you define the custom number formats you can easily control how Excel shows the cell values without altering any underlying data. Custom number formats […]

20 Dec, 2024 3761 views

80 Most Common Power BI Interview Questions and Answers

The rise of Business Intelligence tools is now a great deal of hype. All the business intelligence tools have posed a challenge to Microsoft. In most cases, Microsoft introduced Power BI to address all the compelling questions. Power BI Interview questions and answers you should know to address your requirements. According to Gartner, Microsoft Power […]

13 Dec, 2024 23256 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 […]

mumbai university & ica edu skills mega job fair-event 2024

12 Dec, 2024 99658 views

Mumbai University – ICA Edu Skills Mega Job Fair 2024

The Mumbai University’s Mega Job Fair 2024, in collaboration with ICA Edu Skills, was a resounding success, providing a platform for aspiring students to connect with leading companies and secure promising career opportunities. The event witnessed an overwhelming response with the number of students’ registrations and participants actively engaging with recruiters. The event also witnessed […]

06 Dec, 2024 12643 views

E-Invoice In Tally Prime: Complete Generation Process

Do you want to know how to generate an E-invoice for Tally Prime? If yes, you must read this article till the end. Generating E-invoice in Tally Prime will help you to meet your needs with ease. To generate all the E-invoices instantly you need to keep track of E-invoicing reports and everything in between […]

29 Nov, 2024 4416 views

Mastering Flash Fill In Excel: A Comprehensive Tutorial

Flash Fill in Excel is one of the special tools that helps you to analyze all the information that you enter. Along with it this automatically fills the data whenever you identify the pattern. The Flash Fill feature was once introduced in Microsoft Excel 2013. Flash Fill feature was first introduced in Microsoft Office 2013 […]

22 Nov, 2024 12638 views

FICCI FLO – ICA Edu Skills CSR Event on Empowering Women

FICCI FLO and ICA Edu Skills have jointly event Jayshree Das Verma to empower women and to ensure their financial stability. The FICCI FLO and ICA Edu Skills CSR Event is an occasion to empower women through giving knowledge and skill building. ICA has organized a CSR activity to empower women in India to gain […]

journal entries questions and answers for interview

08 Nov, 2024 154290 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 […]

18 Oct, 2024 15127 views

SAP FICO Vs SAP HANA: Which One Is Better

SAP FICO vs SAP HANA is a debatable and mind-boggling topic among the students. They often get confused about which course they should choose to proceed in their career. So, in this article, you will get the complete clarification of these facts. You need to get through the core differences between the two courses to […]

11 Oct, 2024 9247 views

Tally Prime vs Tally ERP 9: Learn Extra In Tally Prime

TallyPrime vs Tally ERP 9 is a matter of discussion among the students now which is better for them. Now, in this article, you will learn why TallyPrime is better than Tally ERP 9. What differentiates them is a billion-dollar question. Students often get confused between TallyPrime and Tally ERP 9. Now, if you know […]

04 Oct, 2024 9452 views

10 Essential Topics Covered In GST Courses

The Goods & Service Tax is commonly known as GST. After the 1st of July 2017, the demand for GST courses increased in India rapidly. The government of India replaced all the indirect taxes with one uniform indirect tax known as GST. GST is an indirect tax that has replaced various indirect taxes in India. […]

23 Aug, 2024 28198 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 12156 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 57244 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 […]

26 Jul, 2024 4019 views

Career in Management Information System: Insights, Scope, Opportunities

Presently, the era of technology has made it inevitable that data is like the blood line for business to function. Small companies as well as big multinationals do not stop calling upon information gathered from data in order to estimate future events in their field, be more effective and make wise choices about distinct matters […]

vendor reconciliation in sap (accounts payable)

19 Jul, 2024 10854 views

Vendor Reconciliation in SAP: Definition, Steps, Scenario, Advantages

In today’s fast-changing business world, keeping accurate financial records is crucial. Vendor reconciliation is essential in ensuring that financial data is true and fair. Reconciling vendor statements is one way a business can make sure that what the vendor has charged is accurate and correct when compared with the things they supply, keep in stock, […]

12 Jul, 2024 26116 views

GST Reconciliation in Tally Prime: GSTR 2A – 2B – 3B Process Made Easy

Are you a business owner and facing difficulty in reconciling GST? Don’t worry, Tally Prime, a well-renowned accounting software, has resolved this issue by introducing GST reconciliation in Tally Prime. It’s an important task for every business to reconcile GST details and ensure that the financial records match with the data reported to the GSTN […]

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13 Mar, 2025 15500 views

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