Diploma in Finanical Accounting and business taxation Online Live Classes

  Complete Financial Accounting and Taxation Diploma for Job-Ready Professionals

The Diploma in Financial Accounting and Business Taxation is a comprehensive, industry-oriented course designed to build strong foundational and advanced accounting skills for aspiring professionals. With India’s financial ecosystem growing rapidly, skilled accountants and tax professionals are in high demand across all industries. This diploma program bridges the gap between theoretical knowledge and practical implementation by focusing on real-time software tools and compliance systems like Tally Prime/ERP9, GST filing, TDS management, Payroll Processing, and Income Tax computation.

The course begins with Business Accounting fundamentals, covering essential concepts, types of accounts, voucher entries, and inventory management using Tally. As you progress, you'll dive into the detailed application of GST laws, TDS, and TCS through hands-on practice within the Tally system. You’ll also learn how to manage payroll systems, process employee salaries, compute deductions, generate salary slips, and handle income tax compliance seamlessly.

Additionally, you’ll gain full exposure to GST E-filing, return reconciliation (GSTR1, GSTR3B, 2A/2B), and online processes essential for modern-day accountants and tax consultants. By the end of this course, you will be ready to handle complete financial accounts, taxation systems, payrolls, and e-filings for any business.

Whether you're a fresh graduate, working professional, entrepreneur, or someone looking to start a freelance accounting/taxation service, this course provides the practical skill set and certification required to enter and succeed in the domain of accounting and business taxation

Course Modules & Key Topics

Module 1: Business Accounting with Tally Prime/ERP9

Gain a complete understanding of accounting fundamentals and how to maintain real-time accounts in Tally Prime.

• Basics of Accounts & Accounting Concepts

• Types of Accounts

• Setting up a Company in Tally Prime/ERP9

• Creating Masters: Groups, Ledgers, Stock Items, Godowns

• Voucher Entry, Debit & Credit Notes

• Bill-Wise Details & Cost Centers

• Invoice & Payment Entries using Voucher Classes

• Bank Reconciliation & Interest Calculations

• Budgeting & Order Processing

• POS Billing, Stock Valuation & Reorder Levels

• Forex Adjustments & Price List Creation

• Shortcuts for Speed & Efficiency

This module ensures complete control over day-to-day business accounting with practical training

Module 2: GST, TDS & TCS with Tally Prime/ERP9

 GST with Tally Prime

Understand the complete lifecycle of GST management within Tally:

• GST Act 2017 Overview

• Invoice Formats & Accounting Entries

• E-Invoice Generation & E-Way Bills

• GST Returns: GSTR-1, GSTR-3B, GSTR-2A/2B

• Input Tax Credit Calculation

• Composition Scheme, Bill of Supply, RCM

TDS/TCS with Tally Prime

Master the end-to-end TDS processes for statutory compliance:

• TDS Setup in Tally Prime

• Basic & Advanced TDS Transactions

• TDS on Rent, Salary, Contractor Payments, Professional Fees

• TDS Challan Generation, Payment & Adjustments

• TDS Reports & Computation

• Excel Working Sheet & Challan Reconciliation

This module empowers learners to manage both GST and TDS seamlessly, boosting compliance efficiency

Module 3: Payroll & Income Tax with Tally Prime/ERP9 Payroll Management

Learn how to manage complete payroll operations using Tally Prime:

• Payroll Configuration & Compliance Setup

• Pay Head Breakup (Basic, HRA, Allowances)

• PF, ESI Contributions by Employee & Employer

• Payroll Statements & Reports

• Salary Slip Generation & Payroll Register

Income Tax on Salary

Get skilled in salary-based income tax calculation and compliance:

• Income Tax Master Setup in Tally

• Employee Declarations

• Tax Deduction at Source (TDS on Salary)

• Tax Computation, Processing & Reports

This module is essential for managing employee compensation and payroll taxation professionally

Module 4: GST E-Filing & Return Reconciliation

Learn the practical steps of filing GST returns and reconciling data with government portals:

• GST Structure & Invoicing

• GSTR-1, GSTR-1A, GSTR-3B Filing

• Reconciliation of GSTR-2A, GSTR-2B with 3B

• GSTR1 Corrections & Amendments

• E-Way Bill Generation

• RCM Handling in Returns

• GST Registration Process

This module equips you to independently file GST returns and handle real-world reconciliation tasks.

Why Choose This Course?

• Practical Tally Prime Training

• Industry-Relevant Curriculum

• Updated GST/TDS Guidelines

• Payroll & Income Tax Filing Made Easy

• Excel Integration for Reports

• Hands-on Assignments + Interview Guidance

Who Should Enroll?

• Commerce & Finance Graduates

• Students looking for a job in Accounting

• Working professionals upgrading their Tally/GST skills

• Entrepreneurs managing their own business finances

• Tax professionals expanding into GST & TDS domains

Key Highlights

•  Instructor-led Live Classes

•  Real-Time Practical Training with Tally Prime

•  Projects Based on Industry Scenarios

• Certificate of Completion

• Suitable for Beginners, Graduates & Working Professionals

•  100% Job-Oriented Curriculum

Career Opportunities

This diploma course opens doors to multiple job roles across industries. After completion, learners can confidently apply for:

•  Accounts Executive

•  GST Practitioner

•  TDS Practitioner

•  Income Tax Practitioner

• Accountant / Assistant Accountant

•  Junior / Senior Accountant

•  Financial Analyst

•  Financial Manager

•  Tax Consultant

•  E-Accountant

With a growing demand for Tally professionals and tax experts in the Indian business ecosystem, this course positions you for long-term career growth.

FAQs

Q1. Is prior knowledge of accounting needed for this course?
No, this course starts with basic concepts and progresses to advanced levels. It is beginner-friendly.

Q2. Will I learn how to file GST and TDS returns?
Yes, practical GST and TDS return filing using Tally Prime is covered in detail.

Q3. Do I get a certificate after completion?
Yes, you will receive a certificate from OnlineNIFM after completing the course successfully.

Q4. Can I do this course along with a job or studies?
Absolutely. The flexible class timings make it ideal for working professionals and students.

Q5. Is Tally Prime software provided?
Training is provided using the Tally Prime educational version or licensed software during sessions.

The Diploma in Financial Accounting and Business Taxation is a practical and job-oriented program with the aim of equipping candidates with the foundations of accounting, taxation, payroll and GST compliance with the use of software such as Tally Prime/ERP9, widely used in industry. The Diploma is for candidates looking to pursue a career as an accountant, professionals with a background in commerce or accounting professionals looking to develop their careers in an area of financial management.

The learning modules are delivered with a hands-on approach, applied accounting scenarios with a case study methodology and accompanied by detailed steps for every single process of e-filing GST and TDS a candidate will have to use in their work environment. The Diploma has been designed to make students job-ready for any roles available in finance, taxation or audit functions in any sector.

Computer, Laptop, ipad, tab or mobile phone required with broadband or 4G internet.