Enroll Course: https://www.coursera.org/learn/statutory-and-taxation
Are you looking to kickstart your career in bookkeeping and taxation? If so, the ‘Basics of Statutory Compliance and Taxation’ course on Coursera is an excellent choice for you. This course is designed for individuals who want to deepen their understanding of taxation concepts while gaining practical skills in using TallyPrime software.
### Course Overview
The course builds on foundational knowledge from previous courses in the professional certificate program, diving deeper into essential topics such as Goods and Services Tax (GST), Tax Deducted at Source (TDS), and the management of business data. With a mix of theoretical knowledge and practical application, this course prepares you for real-world scenarios in bookkeeping and taxation.
### What You Will Learn
1. **Goods and Services Tax (GST)**: You will learn about the GST structure, including registration processes, HSN/SAC codes, invoicing rules, and how to record GST-compliant transactions. By the end of this module, you will be able to generate GST returns and e-invoices accurately.
2. **Tax Deducted at Source (TDS)**: This module covers the activation and maintenance of TDS in Tally, recording various TDS transactions, and generating TDS reports and challans. You will also learn how to file e-TDS returns, ensuring compliance with government regulations.
3. **Management of Business Data**: You will gain skills in exporting and importing data, utilizing the Open Database Connectivity (ODBC) feature of Tally, and customizing reports with company logos.
4. **Moving to the Next Financial Year**: This module teaches you how to manage company data across financial years, including creating new companies and generating comparative final accounts reports.
### Practical Application
One of the standout features of this course is its emphasis on practical application. The use of TallyPrime software allows you to apply theoretical concepts in real-life business scenarios. The course includes various charts, images, solved illustrations, and practice scenarios that enhance your learning experience.
### Conclusion
By the end of the ‘Basics of Statutory Compliance and Taxation’ course, you will have a comprehensive understanding of key taxation concepts and the ability to apply them using TallyPrime. This course is not only a stepping stone for those looking to enter the bookkeeping field but also a valuable resource for anyone wanting to enhance their financial management skills.
If you are serious about building a career in bookkeeping and taxation, I highly recommend enrolling in this course on Coursera. It’s a fantastic opportunity to gain the knowledge and skills needed to succeed in this field.
Enroll Course: https://www.coursera.org/learn/statutory-and-taxation