Bihar State-Certificate In Financial Accounting (BS-CFA) Syllabus

The current syllabus is as follows, which may undergo up-gradation in near future.

List of topics

  1. Introduction to Financial Accounting (Theory)
  2. Tally History and Journey (Theory)
  3. Introduction to GST (Theory)
  4. Tally with GST
  5. Financial Accounting Basics (Theory + Practical)
  6. Maintaining Company Data
  7. Incorporation of various laws under GST (Theory)
  8. Creating Masters
  9. Voucher Entry
  10. Constitutional Amendments in GST (Theory)
  11. Inventory
  12. Economic Survey in regards to GST (GST)
  13. Payroll
  14. TDS
  15. Other Scenarios
  16. Reports
  17. Tally Software Services (TSS)
  18. Data Management

Syllabus Details

1. Introduction to Financial Accounting (Theory)

  • Accounting
  • Methods of Accounting
  • Financial Accounting Concept
  • Recording of Transactions
  • Accounts Books
  • Final Accounts
  • Manual Accounting vs Computerised Accounting
  • Computerized Accounting Software
  • Accounting without codes
  • Budgets, MIS and Ratio analysis (in short)

2. Introduction to Financial Accounting (Theory)

3. Introduction to GST (Theory)

  • “5 W” of GST
  • Basics of GST
  • Objectives of GST
  • List of Goods not covered under GST
  • Registration Process Under GST to be added
  • Registered and Unregistered Dealers and Effects of Purchases from Unregistered Dealers.

4. Tally with GST

  • Upgrading to Tally.ERP 9 Release 6.0
  • Start Using Tally.ERP 9 for GST Compliance
    • Activate GST
    • Set up tax rates
    • Update or create ledgers as required
  • Recording Sales and Printing Tax Invoices
  • Recording Purchases
  • Recording a Tax Payment
  • Transferring Tax Credits of VAT, excise and service tax to GST

5. Financial Accounting Basics (Theory + Practical)

  • Company Creation
  • Accounts Configuration
  • Accounts Classification
  • Accounts Master Creations
  • Trial Balance
  • Voucher Entry
  • Discount Entry
  • Petty Cash
  • Voucher Types and Classes
  • Accounts Vouchers

6. Maintaining Company Data

  • Gateway of Tally
  • Creating and Maintaining a Company
  • Loading a Company
  • Maintaining Group Company
  • F11: Company Features
  • F12: Configuration

7. Incorporation of various laws under GST (Theory)

  • List of all taxes that are subsumed into GST to be given separately here.
  • Reverse charge mechanism introduction of GST to be given
  • Central taxes which will be included in CGST
  • State taxes which will be included in SGST
  • IGST
  • GST

8. Creating Masters

  • Creating Masters
  • Statutory Info.
  • Inventory Information

9. Voucher Entry

  • Accounting Vouchers
  • Inventory Vouchers
  • Optional & Non-Accounting Vouchers
  • Order Processing
  • Advanced Voucher Entry

10. Constitutional Amendments in GST (Theory)

  • Power with central government
  • Power with state government
  • GST Council
  • Set off Mechanism between CGST,IGST and SGST

11. Inventory

  • Stock Groups
    • Creating a Stock Group
    • Creating Multiple Stock Groups
    • Displaying a Stock Group
  • Stock Categories
    • Creating a Stock Category
    • Creating Multiple Stock Categories
    • Displaying a Stock Category
    • Altering a Stock Category
  • Stock Items
    • Creating a Stock Item
    • Creatinga a Stock Item in Advance Mode
    • Displaying a Stock Item
    • Altering a Stock Item
  • Units of Measurement
    • Creating Compound Units of Measure
    • Altering a Units of Measure
    • Displaying a Units of Measure
  • Bills of Materials
    • CreatingCreating Single Bill of Materials for a Stock Item
    • Creating Manufacturing Journal for a Stock Item with Single Bill of Materials
    • Creating Multiple Bill of Materials for a Stock Item
    • Creating Manufacturing Journal for a Stock Item with Multiple Bill of Materials
    • Creating Single/Multiple Bill of Material with Type of Item
    • Creating Manufacturing Journal for a Stock Item with single/Multiple BOM created with Type of Item
  • Batches & Expiry Dates
    • Activating Batch-Wise Details
    • Manufacturing date & Expiry date for Batch
  • Inventory Voucher Class
    • Creating Stock Journal Voucher Class
    • Predefined Voucher Types in Tally.ERP 9

12. Economic Survey in regards to GST (GST)

  • Benefits of implementing GST
  • Limitations of implementing GST

13. Payroll

  • Payroll Features of Tally.ERP 9
  • Enabling Payroll in Tally.ERP 9
  • Five Easy Steps to Generate a Pay Slip
  • Creating Payroll Masters (Payroll Info)
  • Payroll Voucher Entry / Transactions
  • Payroll Reports

14. TDS

  • Getting Started with TDS
  • Configuring TDS
  • Masters
  • Transactions
  • TDS Reports
  • Union Budget Changes for TDS - 2017-18

15. Other Scenarios

  • Recording Purchase from Registered & Unregistered GST Dealers
  • Inward Supply of Services Under Reverse Charge
  • Recording an Advance Receipt from Customer
  • Recording an Advance Payment to Supplier under GST
  • Sales - Nil Rated, Exempt, SEZ, and Deemed Export
  • Recording Sales of Composite Supply Under GST
  • Recording Sales of Mixed Supply Under GST
  • Recording Sales Returns
  • Recording Purchase Returns (Debit/Credit Notes)
  • Recording Import of Services (Debit/Credit Notes)
  • Recording Export Sales
  • Recording Journal Vouchers for Adjustments Against Tax Credit
  • Recording a Journal Voucher for TDS Adjustment
  • Recording a Journal Voucher for TCS Adjustment
  • Recording a Journal Voucher for Refund of Tax Credit
  • Recording a Journal Voucher for ISD Credit
  • Recording a Journal Voucher for Transitional Credit
  • Recording Journal Vouchers for Other Liabilities
  • Recording Journal Vouchers for Reversal of Tax Credit

16. Reports

  • Basic Features of Displaying Reports
  • Modifying Reports
  • Display Financial Statements
  • Display Registers & Ledgers
  • Display Inventory Reports & Statements
  • Management Information System (MIS) Reports
  • Printing Reports

17. Tally Software Services (TSS)

  • Creating Remote Users
  • Authorising Security Levels
  • Assigning Security Controls
  • Connect Company to Tally.NET Server
  • Remote Login

18. Data Management

  • Backup & Restore
  • Split a Company
  • Import Data
  • Export of Data
  • E-Capabilities
  • Tally ODBC
  • SQL Query

19. Registration

  • Applying for registration
  • Reply to show cause notice
  • Updating forms and Annexures
  • Amendment to Registration
  • Cancellation
  • Revocation of Law Cancellation

20. Reforms

  • Uploading statement and supplies
  • Downloading of invarious
  • Matching with booking of accounts
  • Use of offline utilities

21. E-way Bills

  • Generations
  • Updation
  • Cancellation
  • Reports

22. Payment of Taxes