Advanced Industrial Accounts

Introduction to Accounts

• Introduction, Accounts
• Basic Accounting Term & Used.
• Book Keeping, Accounting Procedure
• Book Keeping, Objective
• Differences between Accounting
• Book Keeping
• Double Entry System
• Single Entry System
• Accounts Heads
• Book of Account

Practical System of Book Keeping

Cash Book

• Single Column Cash Book.
• Double column Cash Book.
• Cash Book with Bank Column.

Petty Cash Book

• Simple petty Cash Book.
• Analytical petty Cash Book.
• Final Accounts (Trading / profit or Loss Accounts, Balance Sheets.)

Practical System of Book Keeping

• Pay Roll Statement Having Provident Fund Calculation, Employee State Insurance Calculation.
• PF Recovery,
• Advance Deductions.
• Over Time Calculation (Days & Hours.)
• Pay Slips, Payment Advices
• Bonus Statement
• Voucher Forms

Accounting for Materials

• GST Billing
• Stock Ledger
• Methods of Stock Valuation
• LIFo- FIFo
• Average Cost - Standard, Cost - Lost
• Purchase Prices weight
• Average method.
• Stock Statement.
• Cast Sheet.
• Tenders / Questions
• Production statements.