Master Diploma in Accounting – Package 1 (4 Months)
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Course Overview – Master Diploma in Accounting – Package 1 (4 Months)
The Master Diploma in Accounting – Package 1 (4 Months) is a practical training program designed to provide working knowledge of office tools, computerized accounting, and cloud-based accounting systems. The course is structured for learners who want to build a strong foundation in accounting operations used in small and medium-scale business environments. The program includes training on MS Office 2024, Advanced Excel, Tally Prime, and QuickBooks. The course begins with MS Office 2024, which covers basic documentation, data entry, and presentation tools required for routine office operations. Advanced Excel is used for data handling, basic financial reporting, and MIS preparation. The Tally Prime module includes company creation, accounting entries, purchase and sales records, inventory management, banking transactions, Profit & Loss Account, and Balance Sheet preparation. This provides exposure to computerized accounting practices followed in Indian businesses. The QuickBooks module introduces cloud-based accounting practices such as online invoicing, expense tracking, customer and vendor management, bank reconciliation, and financial report generation. The training includes practical exercises and software-based practice sessions. After completion of the program, learners gain working knowledge of office tools, accounting software, and basic financial reporting used in business accounting operations.
Course Modules – Package 1 (4 Months)
Module 1: MS Office 2024
Introduction to MS Office
- Overview of Microsoft Office suite and its applications.
- Understanding the user interface and common features.
Microsoft Word
- Creating, formatting, and editing documents.
- Working with text, paragraphs, and styles.
- Inserting and formatting images, tables, and graphics.
- Using templates and mail merge for document automation.
Microsoft Excel
- Creating, formatting, and managing worksheets and workbooks.
- Working with formulas, functions, and calculations.
- Data analysis techniques including sorting, filtering, and pivot tables.
- Chart creation and visualization of data.
Microsoft PowerPoint
- Creating and formatting slideshows and presentations.
- Adding text, images, shapes, and multimedia elements.
- Applying themes, layouts, and transitions for visual appeal.
- Delivering presentations effectively.
Microsoft Access
- Introduction to databases and database management systems.
- Creating and designing databases, tables, and relationships.
- Querying and filtering data using SQL and query design.
- Creating forms, reports, and macros for database automation.
Integration and Collaboration
- Integrating data and content between MS Office applications.
- Collaborative editing and sharing of documents using OneDrive or SharePoint.
- Co-authoring documents in real-time with colleagues.
Advanced Features
- Advanced formatting and automation techniques in Word, Excel, and PowerPoint.
- Using advanced functions and analysis tools in Excel.
- Database optimization and performance tuning in Access.
Practical Exercises and Projects
- Hands-on practice with real-world scenarios and projects.
- Developing skills through practical application of learned concepts.
Module 2: Advanced Excel
Excel Basics Refresher
Introduction to Excel interface & navigation
Workbook & worksheet management
Basic formulas and cell referencing
Sorting & Filtering data
Advanced Formulas & Functions
Logical Functions: IF, AND, OR, IFERROR, IFS
Lookup Functions: VLOOKUP, HLOOKUP, INDEX, MATCH, XLOOKUP
Text Functions: LEFT, RIGHT, MID, LEN, TRIM, CONCATENATE, TEXTJOIN
Date & Time Functions: TODAY, NOW, DATEDIF, NETWORKDAYS
Math & Statistical Functions: SUMIFS, COUNTIFS, AVERAGEIFS, ROUND, RANK, SUBTOTAL
Data Validation & Conditional Formatting
Creating dropdown lists
Applying custom validation rules
Highlighting duplicate values
Using formulas in conditional formatting
Data Analysis Tools
Sorting & advanced filtering
Using Tables and Structured References
Working with slicers
Using Remove Duplicates & Text to Columns
Pivot Tables & Pivot Charts
Creating & customizing Pivot Tables
Grouping, filtering & summarizing data
Creating interactive Pivot Charts
Using slicers and timelines
Dashboards & Visualization
Designing dynamic dashboards
Using charts (bar, line, combo, pie, etc.)
Using sparklines, gauges & KPI indicators
Creating dashboard layout with form controls
What-If Analysis
Scenario Manager
Goal Seek
Data Tables
Solver Tool for optimization
Excel Automation with Macros
- Introduction to Macros & VBA
- Recording and editing macros
- Assigning macros to buttons
- Basic VBA scripting concepts
Module 3: Tally Prime with GST
Introduction to Tally Prime
- What is Accounting
- Objectives of Accounting
- Types of Accounts
- Fundamental Accounting Equation
- Double Entry System
- Common Financial Statements
Introduction to Tally Prime
- Overview of Tally Prime
- Navigating the Tally Prime Interface
- Understanding Key Functionalities and Features
Advanced Accounting Features
- Advanced Accounting Setup: Configuring Ledgers, Groups, and Cost Centers
- Advanced Inventory setup: Stock Groups, Categories, and Items: Advanced Setup and Configurations
- Managing Foreign Exchange Transactions: Currency Management and Forex Rates
- Vouchers in Detail: Recording complex transactions using Payment, Receipt, Journal, Contra, and more
Inventory and Stock Management
- Bill of Materials (BoM): Creation and Management of Complex Bills of Materials
- Multiple Stock Locations: Managing Multiple Godowns/Stores in Tally Prime
- Stock Transfers and Adjustments: Handling Stock In Transit, Stock Adjustments, and Stock Valuation Reports
- Inventory Valuation: FIFO, LIFO, and Average Cost Method
Financial Management
- Financial Statements: Profit & Loss, Balance Sheet, and Cash Flow
- Ratio Analysis: Calculating and Interpreting Financial Ratios
- Budgets and Controls: Creating and Monitoring Budgets
- Audit and Reconciliation:
- Bank Reconciliation
- Cash Flow and Bank Audit
- Reconciliation of GST Returns
Payroll and Employee Management
- Employee Setup and Payroll Configurations
- Salary Structures: Designing Complex Salary Structures and Pay Components
- Statutory Compliances: PF, ESI, and Professional Tax Management
- Generate Payroll Reports: Salary Slips, Pay Register, and Form 16
- Leave Management: Tracking and Managing Employee Leave
GST and Taxation (Advanced)
- Taxation Handling:
- GST Computation and Returns
- Tally GST Reports (GSTR-1, GSTR-3B, GSTR-9)
- TDS and TCS Management
- GST and TDS Reconciliation
- Advanced GST Configuration: Tax Categories, HSN/SAC Codes, and Reverse Charge Mechanism
- GST Auditing and Filing: Generating GST Audit Reports
- GST on E-Commerce Transactions: Handling GST for E-Commerce Sellers and Buyers
- TDS & TCS Advanced Configurations: Handling Different TDS/TCS Rates, Reporting, and Filing
- Customizing Tax Reports and Returns
Advanced Reporting and Analytics
- Customizing Reports: Creating and Modifying Reports (Financial, Inventory, etc.)
- Tally Prime Dashboard: Setting up and Analyzing Custom Dashboards
- Data Exporting and Importing: Exporting Reports to Excel, PDF, and XML formats
- Multi-Company Reporting: Consolidating Financial Data Across Multiple Companies
- Advanced Financial Reports: Cash Flow, Receivables/Payables, and Trial Balance
Data Management and Security
- Data Backup and Restoration: Techniques for Backup, Restoring, and Data Integrity
- Managing Multiple Users and Roles: Configuring User Permissions and Rights
- Import and Export Data: Bulk Importing/Exporting Data using Tally
Tally Prime Customization
- Creating Custom Invoices and Vouchers: Designing Templates for Vouchers and Invoices
Advanced Business Solutions in Tally Prime
- Cost Centers and Cost Categories: Advanced Management for Cost Control
- Consolidation of Multiple Companies: Inter-Company Transactions and Consolidated Reports
- Handling Complex Transactions: Advanced Transactions and Entry Configuration
Module 4: QuickBooks (Cloud Accounting)
Introduction to Taxation
- Overview of QuickBooks and its features
- Installation and Setup of QuickBooks software
- Understanding the QuickBooks interface and navigation
- Setting up a company profile in QuickBooks
Managing Accounts and Transactions
- Understanding the chart of accounts
- Recording and managing transactions
- Setting up and managing customer, supplier, and employee details
- Creating and managing invoices, estimates, and sales receipts
- Recording and categorizing business expenses
Managing Bank Accounts and Reconciliation
- Connecting QuickBooks to bank accounts
- Understanding and performing bank reconciliation
- Matching transactions between QuickBooks and bank statements
- Handling credit card accounts and transactions
Payroll Management
- Setting up payroll in QuickBooks
- Managing employee details, pay rates, and deductions
- Processing payroll and generating paychecks
- Filing taxes and year-end tax forms (W-2, W-3)
- Payroll reporting
Taxation and GST Compliance
- Understanding GST and tax rates
- Creating and applying tax rates to transactions
- Generating tax reports
- Filing GST returns and staying compliant with regulations
Inventory and Item Management
- Getting up and managing inventory items
- Tracking inventory levels, sales, and purchases
- Adjusting inventory and managing stock reports
- Handling sales tax and product-based transactions
Financial Reporting
- Creating and customizing financial reports (Profit & Loss, Balance Sheet, Cash Flow)
- Analyzing business performance with financial statements
- Generating and reviewing accounts payable and receivable reports
- Creating budgets and forecasting
Advanced QuickBooks Features
- Setting up recurring transactions
- Automating tasks and workflows
- Customizing invoices and templates
- Managing multiple users and roles in QuickBooks
- Generating advanced reports and insights
Who Can Join This Course?
- B.Com / M.Com Students
- BBA / MBA (Finance) Students
- Graduates from Any Stream
- Working Professionals
- Small Business Owners
- Beginners with No Accounting Background
Training Features
ISO Certified institute offering quality training and industry-recognized certification.
100% placement support with interview preparation and resume building.
Interview practice sessions to boost confidence and job readiness.
Industry experts with real-time project experience and teaching excellence.
Hands-on training with practical, business-oriented Excel assignments.
Interactive sessions for real-time query resolution and concept clarity.
Frequently Asked Questions
1. Do I need a commerce background?
No, beginners from any background can join.
2. Is this course job-oriented?
Yes, it is designed for direct job placement.
3. Do you provide placement support?
Yes, full placement assistance is provided.
4. Will I get certification?
Yes, you will receive course completion certificates.