Course Overview:This course integrates Accounting Fundamentals with hands-on training in Busy Accounting Software, enabling participants to manage real-world financial tasks efficiently. The program focuses on building a strong foundation in accounting principles while mastering the features of Busy for business management and compliance.

Course Objectives:

Upon completion of this course, participants will be able to:

• Analyze financial statements to assess a company's financial health and performance
• Master the creation and management of company, account, and inventory masters to ensure accurate record-keeping.
• Handle financial transactions effectively using various voucher types, including Payment, Receipt, Sales, Purchase, and Journal.
• Implement and reconcile GST, TDS, and other taxation modules to maintain compliance with statutory requirements.
• Generate detailed financial and MIS reports, such as Profit & Loss, Balance Sheet, Cash/Bank Flow, and Budget Variance reports.

Course Curriculum:

Busy Accounting Software Course Curriculum

1. Fundamentals of Accounting
• Introduction to Accounting: Definition, objectives, and scope.
• Accounting Principles and Concepts: Double-entry system, accrual basis, and conservatism.
• Manual Transaction Recording: Journals, ledgers, and trial balance.
• Preparation of Final Accounts: Profit and Loss Account, Balance Sheet.
• Basics of Financial Statements: Analysis and interpretation.
2. Accounting in Busy
• Introduction to Busy: Overview of features and interface.
• Company Creation and Setup: Configuring GST, tax settings, and financial periods.
• Ledger and Account Masters: Creating and managing account heads.
• Transaction Recording: Sales, purchase, payment, and receipt vouchers.
• Banking Features: Bank reconciliation and cheque printing.
3. Inventory Management
• Inventory Master Creation: Stock groups, categories, and items.
• Order Processing: Sales and purchase orders.
• Inventory Reports: Stock summary and valuation reports.
• Advanced Inventory Features: Batch management and barcoding.
4. Payroll and Statutory Compliance
• Payroll Management: Employee master, salary setup, and payslip generation.
• TDS/TCS Transactions: Recording, reporting, and compliance.
• GST Filing and Management: GST invoicing, returns, and reconciliation.
5. Advanced Busy Features
• MIS and Analytical Reports: Profit analysis, outstanding reports, and budget management.
• Inventory valuation methods: FIFO, LIFO, weighted average
• Data Management: Backup, restore, and exporting reports.
• Security and Audit: User controls, data protection, and audit trails.
6. Reporting and Finalization
• Customized Reporting: Financial and compliance reports.
• Finalization of Accounts: Generating and analyzing reports for decision-making.
• Integration with Excel: Exporting and analyzing data.

Certification

Upon successful completion of the course, participants will receive a certificate of completion from the Centre for Innovative Skill-Based Courses under the Open Learning Development Center, School of Open Learning, University of Delhi.

Target Audience:

• Accountants and finance professionals
• Individuals seeking to enhance their financial knowledge and skills
• Students pursuing graduation

Course Fee: Rs.6000

Additional Information

• Course duration: 2-3 Months
• Eligibility: Class XII Pass

By enrolling in this certificate course, participants will gain the knowledge and skills necessary to effectively navigate the complexities of GST and ensure compliance with the latest regulations.