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03 Jun, 2020 400 views

What To Expect From Upcoming GST Council Meeting

The GST Council meets are held whenever GoI decides to make wholesale changes in the GST regime. The Council meets once in 2 months as of now. There have been held 39 GST Council Meets till now. The upcoming GST Council Meet is scheduled to be held on 14th June 2020. Every GST course […]

02 Jun, 2020 411 views

Top Career Opportunities For Accountants

Professionals with proper accounts training are the human equivalent of Swiss Army Knives. They can venture out into many fields, be it entrepreneurship or service-based careers. Accountants are needed in every type of establishment whether large or small, public or private. A lot of career avenues are open for accounting professionals today, both in […]

01 Jun, 2020 603 views

Data Security in Tally.ERP 9

Data security of any software suite should be nothing other than robust, of Tally.ERP 9 no less. Tally is responsible for housing the sensitive and crucial data of any business organization. But what if one fine day the accountant/ Tally user comes to realize all of the data is just… gone? All of the […]

30 May, 2020 1503 views

Understanding Product Costing in SAP FICO

You know the essential stuff about SAP FICO by now if you have been a regular follower of our blog. We are a reputed SAP training institute in India and provide modular courses on Excel, Accounting, GST, SAP among others. SAP FICO is one of the 25 odd modules that SAP has to offer. It […]

28 May, 2020 752 views

Know About Top SAP FI Reports

SAP FI is one of the most important modules of SAP. It stands for Financial Accounting. SAP FICO is primarily for storing the financial data of an organization, although it has more functions. SAP FI also helps analyze the financial conditions of any business at a given point in time. It also has the capability […]

26 May, 2020 926 views

Know All About Important Tally Reports

Tally.ERP 9 as we know is a powerful ERP (Enterprise Resource Planning) and business accounting software suite. There are many accounting software available on the market today which we have already covered here. However, Tally remains the most popular of the lot with around 1.6 million users internationally. A Tally training course these days […]

18 May, 2020 608 views

Role of Artificial Intelligence in Accounting

As Artificial Intelligence (AI) has done for almost every other industry, it’s poised to make a significant impact in the world of accounting and finance. AI-powered systems for accounting and finance help save money so that their firms stay competitive. AI will be incorporated into accounting training modules in most accounts training institutes in […]

17 May, 2020 1078 views

Hypertension 101: What, Why and Prevention

World Hypertension Day (WHD) is upon us. 17th May is celebrated as World Hypertension Day annually. This is an initiative of the World Hypertension League (WHL), an affiliated section of the International Society of Hypertension (ISH). The World Hypertension League (WHL) has announced that it will postpone the celebration of World Hypertension Day (WHD) […]

15 May, 2020 1017 views

Indian Tax Structure Simplified

Irrespective of whatever nation you might be living in the world you cannot avoid having to pay taxes to the local or national government. If you look at the etymology, the word tax comes from a Latin word “taxare” meaning ‘to censure/ charge/ compute’. Taxes come in various forms like state taxes, central government […]

14 May, 2020 1123 views

Know All About Indian Accounting Standards

The Government of India specifies Indian Accounting Standards aka Ind AS in order to improve openness and the acceptability of Indian firms’ financial statements across the world. Accounting standards standardize the whole accounting procedure of the economy. The Ind AS were created with the Indian economic and legal context in mind. It was announced under […]

13 May, 2020 1519 views

Role of Accounting In Corporate Governance

Accounting is a vast discipline which primarily takes care of ascertaining and communicating the financial information of companies at or over a given period of time. Various financial statements do reflect the financial position of a company and accountants are in charge of preparing them. But there is more than meets the eye here. […]

07 May, 2020 1169 views

10 Famous Indians Who Are Actually Accountants

Accounts training is one of the most popular courses an accountancy aspirant can undertake now. Accountancy is a great profession indeed, more so because it can be safely tagged as recession-proof. And dare I say, COVID-19 proof as well, in the sense that companies would still require accountants in large numbers after this mayhem […]

05 May, 2020 436 views

10 Books To Read During Lockdown

Covid-19 Lockdown 3.0 is underway as the coronavirus pandemic is showing no signs of being on the decline. Most of all, both students and professionals are having to spend their days locked up in their homes with their families. Apart from those of you ‘working from home’, there’s little to cast boredom aside – […]

30 Apr, 2020 2172 views

How Can Non-IT Students Pursue A Career in SAP FICO

The acronym SAP stands for System Application and Products in Data Processing. SAP is a leading ERP (Enterprise Resource Planning) software and curiously enough the mother company shares the name. Due to its liberal and open architecture, there are millions of programmers working around the world to provide interaction between thousands of major software and […]

28 Apr, 2020 3136 views

Preparing Balance Sheet in Tally

Balance Sheet is one of the most important financial statements prepared by a business firm. It’s like a one-stop shop for gauging the financal status and position of a company. The financial details of the balance sheet helps the business and the external stakeholders to evaluate the financial performance of the business on a […]

25 Apr, 2020 755 views

Weird Accounting Facts We Bet You Didn’t Know

Accounting and business success are two sides of the same coin. Accounting takes care of the financial aspects of the business. It is taught in colleges and accounting training institutes. Almost everything revolving around accounting deals with numbers, calculations, estimations, and decision making. So people generally take it as something serious, and it is. […]

23 Apr, 2020 867 views

Reverse Charge Mechanism Under GST

GST (Goods and Services Tax) was brought into existence on 1st July 2017 by the Statutory GST Act of 2017. Since then a lot of changes and reforms have been brought about to iron out the wrinkles prevalent in the GST regime. One such modification brought about is the introduction of Reverse Charge Mechanism […]

21 Apr, 2020 476 views

Accounting Vs Auditing

Accounting, as the art and science of systematically recording financial transactions, is a vast and diverse discipline. A lot of interrelated cogs work together to run the wheel of accounting. In order to make the best use of any accounts course, it is imperative to understand all of them properly. Today we deal with […]

18 Apr, 2020 354 views

How Can Accountants Help During COVID19 Crisis

The global coronavirus pandemic rages on with no end in sight. The effects of the disease have been devastating. The pandemic has transformed health, economic balances, and social norms around the globe. A number of small and medium scale businesses are wondering how to stay afloat given the conditions. Accountants are like the backbones […]

17 Apr, 2020 569 views

Best Accounting Courses For Commerce Students

Commerce is a popular stream among students in India. Having already studied the basics of Commerce in school allows candidates to choose from a multitude of courses at graduation level and beyond. It surely paves the way for a range of career choices, but finding the best accounting courses to pursue is often a […]

10 Apr, 2020 1063 views

SAP Course: Top SAP FICO Questions

SAP FICO is a core functional component in SAP ERP Central Component that allows an organization to manage all of its financial data. The purpose of SAP FICO is to help companies generate and manage financial statements for analysis and reporting and help with effective business planning and decision-making. Today we will discuss top SAP […]

07 Apr, 2020 593 views

Learn How Tally.ERP 9 Allows GST Compliance

Tally.ERP 9 with around 1.6 million users around the globe is the numero uno ERP accounting software package. As you might know, it is used for recording the daily business data of a company. With the advent of the GST regime in India, Tally.ERP 9 has made strides to be GST-ready. Today our agenda is […]

30 Mar, 2020 512 views

A-Z Accounting Terms for Every Aspirant & Professional

Accounting is like the Swiss Army Knife of recording financial transactions. What we’re going to deal with today is the very basic terms of this profession. To pursue any accounting course or any form of accounts training we need to have a solid foundation of the terminologies used in accounting. Read on to know […]

28 Mar, 2020 758 views

5 SAP Training Myths Debunked

Among Enterprise resource planning (ERP) software available in the market, the one made by European multinational firm SAP SE is as good as it gets. SAP SE is the numero uno provider of business software solutions for better work and data management in businesses spanning across industries. SAP or System Application and Products (yes, like […]

26 Mar, 2020 512 views

GST Reforms: Anti-Profiteering Measures You Should Know

Goods and Services Tax (GST) as the poster boy of Indirect Taxation in India has been persistently in the news since its implementation. The tax came into effect from 1 July 2017 through the implementation of the 101st Amendment of the Indian Constitution. A thorough understanding of GST is a must for successfully pursuing […]

25 Mar, 2020 896 views

Learn The Fundamentals of Accounting

Accounting can be described by roughly 3 adjectives – irreplaceable, inevitable and unputdownable! Accounting is something that is required in every single organization but the fundamentals of accounting are rather easy to learn. Be it full-fledged graduation courses or professional accounting courses, there are ample opportunities available in the market to learn this trade. And […]

18 Mar, 2020 592 views

Winning The War Against COVID 19

COVID-19 is the deadly disease caused by novel Coronavirus has affected 162 countries and territories across the world. The facts and figures are changing rapidly and reportedly, Liberia, Africa is the latest country to have been affected. There are close to 14,000 new confirmed infections with 114 total cases and 3 deaths in India alone. […]

13 Mar, 2020 770 views

Tally Training – Keyboard Shortcuts in 2 Mins!

Tally.ERP9 is an MS Windows-only Enterprise Resource Planning (ERP) software, extensively utilized in the accounting industry. Deployed by no less than 16 lac users around the world, Tally training is also in high demand these days among students looking for job-oriented training programs from reputed institutes. The software supports accounting, inventory management, order management, tax […]

04 Mar, 2020 596 views

Accounting Careers : 8 Myths VS Facts

Accountancy is an age-old profession that can be traced back to ancient civilizations like that of Egypt and Mesopotamia. Over the years accounting careers have evolved considerably advanced techniques and features now in its inventory. For something which has been around for centuries, stereotypes and myths are bound to seep in. Many of […]

21 Feb, 2020 1273 views

How to Become an Accounts Manager with a Non-Commerce Background

India is largely a land of the orthodox. There are too many stereotypes about education and careers to say the least. Even today many people strongly think that education is rigidly categorized and graduation in a particular stream is a must for establishing yourself as a professional in that stream. For example, it is generally […]

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03 Jun, 2020 400 views

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