Engineering Economics Analysis (Part 2 of 2)

TALLY ERP 9 COMPLETE VIDEO COURSE YEAR 2020 (ENGLISH) This course comes with a live project, so that students can learn from a scratch to prepare a complete accounts in Tally ERP. I will teach you how to start with Tally from zero to finalization of balance sheet of a live business organisation. After this video course, you will able to work as an accountant in any business organisation. So i hope you complete the course successfully and start your career as an accountant. Best of Luck.Course Content:1. Introduction to Tally ERP and Basic Setting · Introduction · Downloading Tally, Installation Licensing · Creation of Company and how to edit or Delete the company2. Goods Service Tax Integration · GST Set up with basic information · CGST/ SGST/ IGST ledger setup3. Ledger Creation · Creating Purchase Sales Ledger · Cash Bank Ledger · Creating Discount Round off Ledger · How to Edit Delete the Ledger4. Inventory Management · Creating Stock Items and Stock Group5. Voucher Entry · GST Purchase Entry · GST Sales Entry and Invoice Generation · Sales Return Credit Note Entry · Purchase Return Debit Note Entry · Receipts, Payments Contra Entry6. Opening Balances Entry

Accounting for Petty Cash Establishment of Petty Cash FundThis comprehensive course is designed to equip students with the knowledge and skills necessary to efficiently manage petty cash funds while adhering to accounting best practices. Whether you are an aspiring accountant, small business owner, or office administrator, this course will provide practical tools and insights to ensure financial accuracy and accountability.What You’ll LearnIntroduction to Petty Cash Management:Understand the purpose and importance of petty cash in day-to-day business operations.Explore common uses and limitations of petty cash funds.Setting Up a Petty Cash Fund:Step-by-step process to establish a petty cash fund.Determining appropriate funding levels based on organizational needs.Designating custodians and implementing fund access controls.Accounting for Petty Cash Transactions:Recording petty cash transactions in accounting journals.Classifying expenses and maintaining accurate records with vouchers and receipts.Balancing petty cash accounts and preparing reconciliations.Policies, Procedures, and Internal Controls:Establishing clear petty cash policies to prevent misuse.Implementing internal controls to safeguard cash and ensure compliance.Managing approvals and tracking cash flow effectively.Troubleshooting Common Challenges:Handling discrepancies, missing receipts, and unauthorized expenses.Addressing cash theft or loss and implementing preventive measures.Streamlining processes for infrequent or high-volume cash transactions.Cou

Material Ledger Actual CostingMaterial ledger actual costing is used to evaluate the stock at their actual price. We use material ledger to evaluate the stock in their group and profit center valuation. Before using material ledger materials are only valued in their company code currency. If we don’t use material ledger, finished goods will remain in their standard price.In the previous sessions of product costing, we have posted price variance which we roll up to material price using material ledger and update the PUP price.Material Price Determination ControlThere are two types of material price determination control1. Transaction basedIn the transaction based only same level price difference can be analyzed. In the transaction based are unable the valuate the inventory at their actual price because the lower-level price difference is not rolled up to the higher level. It is only used to evaluate the inventory in multiple valuation views.2. Single / Multi levelIn the single and multi-level lower level price difference amount will also be rolled up to the actual price of material and the inventory will be valued at their actual price. Price control will be changed to ‘s’ for all the materials. In case of price control ‘v’ lower level price difference will not rolled up to next level.Single Level Price DeterminationIn the single level system identify differences for product and some proportion of amount will be rolled up and the remaining will be added to consumption. Activity price difference will not be rolled up to the closing inventory actual price. In the single level price determination only the material price difference will be rolled up to the inventory actual price.Multi Level Price DeterminationIn multi level price determination inventory will be valued at their actual price. Material price difference and activity pri

Finance knowledge is must to have skill which every individual must possess in their career whether running its own business or planning to do a Start Up or working in a corporate in any area. By combining finance understanding with existing other domain knowledge can be advantageous for better future for an individual and for generating profits in business.Learning the Finance Education is interesting and its very easy to learn as every individual manage some sort of finance it their life.This course is designed specially for Non Finance professionals/managers or business owners - small, mid size or big who have limited knowledge about Financial Concepts and its always tough to read big books or find out large amount of time.This course will provide enough knowledge in short duration about finance and how to use them regularly and be at extra edge always at career and take decisions driven by understanding the Business Reports and by the same time able to benchmark the same with peer groups or companiesYou will be explained all about Finance Fundamental of followings:-Basics of Finance Accounting,Understanding the Financial StatementsCapital Budgeting,Ratio AnalysisCosting ConceptsValuation Techniques - DCF and other methodsFinancial ModelingHow to read Annual Reports and SourcesBudgeting ForecastingZero Based BudgetingCompliance ManagementWorking Capital ManagementFinancial Statements are part of every business which is Balance Sheet, Income Statement and Cash Flow and by having the understanding of the same business will be able to generate more profits by applying finance fundamentalYou will also understand how t

Are you passionate about finance and want to pave your way towards a successful career in the field? Enroll in our comprehensive Udemy course, "Mastering Finance: College Success and Career Guide." This course is designed to equip you with the knowledge and skills necessary to major in finance, choose the right college finance classes, and secure a finance job after graduation.Course Highlights:Exploring the World of Finance: Gain a deep understanding of various finance disciplines, such as corporate finance, investment management, and financial analysis, to identify your interests and career path.Crafting Your College Finance Curriculum: Learn effective strategies to select the most relevant and engaging finance courses that align with your career goals, covering topics like financial accounting, risk management, and portfolio management.Excelling in Academics: Discover proven techniques for studying finance effectively, managing coursework, and maximizing your academic performance to excel in your college finance program.Navigating Internship Opportunities: Unlock the secrets to securing finance internships, including resume and cover letter writing tips, interview strategies, and networking advice to boost your chances of landing coveted internships.Career Roadmap: Gain insights into the finance job market, industry trends, and sought-after skills. Learn how to tailor your job search, leverage professional networking platforms, and ace finance job interviews.Building a Strong Finance Portfolio: Understand the importance of extracurricular activities, leadership roles, and certifications. Discover how to enhance your finance resume and develop a compelling personal brand.Finance Job Success: Master the art of crafting a winning finance job application, negotiate job offers, and effectively transition from college to a finance career. Benefit from expert guidance on building a successful finan

Unlock the power of financial data with this comprehensive course designed for non-tech professionals.All the financial data of an organization is stored in the database. Now to extract the data back for reporting and analysis is usually not considered easy by non-tech people. Most professionals are dependent on the reports that are available in the system. The best bet, you can connect a BI tool like Power BI and extract the data for analysis. However, this too has a lot of limitations. What is SQL:A database query tool with which you can extract any broader or specific data from the database just by writing small super-easy lines of code. No programming knowledge or database technical knowledge is required for this. Almost anyone can do that and it will empower you in the reporting and analytics like nothing else can.What you will learn in this course:Introduction to databasesBasic ways to query a databaseSorting and filtering dataGrouping dataSplitting data on multiple parametersDrilling up and drilling down dataPreparing Financial ReportsProfit Loss StatementBalance SheetCash Flow StatementPreparing Financial AnalyticsProfitability ratiosEfficiency ratios Liquidity ratiosRisk management ratios Who this course is for:Financial AnalystsBusiness AnalystsFinancial ControllersFinance ManagersAccountantsBookkeepersData Analysts Money back guarantee:This course comes with a 30 days money back guarantee.