Stepwise Account Finalization करना सीखें with Adjustment Entry ft

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  • Опубликовано: 27 июл 2024
  • The most crucial function of financial accounting is to ascertain the financial position of the business and the profitability of the business. The trading and profit and loss account show the net profit and net loss of the business, while the balance sheet shows the financial position of the business. Finalization of the accounts means the preparation of the profitability statement and the positional statement of the business. Hence, accounts that are required to be prepared are as follows:
    -Trading Account
    -Profit and Loss Account
    -Balance Sheet
    In this session we have discuss complete live Account finalization in Tally and prepare financial statements as per format issued by ICAI.
    Please Note formats, Notes are part of course only.
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    Thanks for Watching :)
    Disclaimer- Although all provisions, notifications, updates, and live demos are analyzed in-depth by our team before presenting to the public. We hereby provide our point of view only and tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither Fintaxpro Advisory LLP nor its designated partner is liable for any consequence that arises on the basis of RUclips videos.
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    ©️Fintaxpro Advisory LLP
    This session will guide you in below topics
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    Stepwise Account Finalization करना सीखें
    Account Adjustment Entry
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    Stepwise Account Finalization करना सीखें with Adjustment Entry
    account final tally without gst
    Video Chapter
    0:00 Intro to Account finalisation
    1:17 Sale Reconciliation in Acc finalisation
    8:46 Check Purchase Entries
    9:49 Closing Stock Adjustment
    11:30 Direct Expense Booking
    13:15 Gross Profit Ratio Analysis in Acc Finalisation
    16:16 Indirect Income & Other Receipts
    19:09 Depreciation Calculation in Acc Finalization
    22:00 Deferred Tax Calculation
    22:20 Provision for Income Tax
    22:58 Net Profit Ratio Analysis in Acc Finalization
    25:29 How to clear Suspense Entry in books
    25:56 How to match bank balance with books
    27:15 Opening balance difference adjustment in books
    29:26 Ledger Scrutiny in books
    33:30 Trail Balance Analysis
    35:26 Trail Balance to Financial Statement
    35:52 Preparing Notes to Account
    36:08 Capital Account Entry
    37:12 Current Liability Adjustment in Books
    40:39 Fixed Asset Entry
    41:28 Fixed Asset & Depreciation Adjustment
    43:45 Current Asset Adjustment
    47:52 Other Expenses Notes
    54:10 Transferring Provision of Income Tax
    54:56 Booking Employee Benefit Expense
    56:03 Preparing Final PnL Account
    56:34 Transferring Profit to Balance Sheet
    57:20 Matching Books with final statement
    57:56 Final Financial Statement
    1:01:02 Outro

Комментарии • 128

  • @FinTaxPro
    @FinTaxPro  Год назад +13

    👉🏻Complete Accounting Course with Certificate Account Finalization - fintaxpro.in/Accounting

    • @vlog.v700
      @vlog.v700 Год назад

      Ap apke video dekhe kuch nice explains kia ha

    • @prashantrawat6738
      @prashantrawat6738 Год назад

      Sir this account finalisation course is in detail. I can expect to do the finalisation of the company after learning the course.

    • @josweydsouza5940
      @josweydsouza5940 Месяц назад

      u look like axar patel

  • @khileshsahu956
    @khileshsahu956 Год назад +2

    बहुत ही आसान तरीके से अपने समझाया है सर आपने आपके जैसा कोई यू ट्यूब में नही सिखाता धन्यवाद सर

  • @sudhakarchaurasiyamaihar1628
    @sudhakarchaurasiyamaihar1628 Год назад +13

    आपके बनाये गए सभी विडियो बहुत ही अच्छे है और आप जैसा कोई नहीं पढ़ता सर, ह्रदय से धन्यवाद

    • @adv.saurabhyadav5330
      @adv.saurabhyadav5330 Год назад +3

      Me b ye hi khna chata hu, copy paste kr lena sir ji.... Aap bhot bdiya ho..

    • @khileshsahu956
      @khileshsahu956 Год назад

      100% सही कहा भईया आपने

  • @maheshmahapatra7557
    @maheshmahapatra7557 19 часов назад

    Nice explanation Sir Thank you

  • @swapnilpachpande1176
    @swapnilpachpande1176 Год назад

    Very Very Excellent Sir... Sir Muzhe Aapse Yahi Video Chahiye Thi ....Thank You Very Much Sir

  • @dishashah67
    @dishashah67 11 месяцев назад +1

    Thank you so much sir, very well explained in dept, plz make such videos, GOD bless u

  • @MohdShahid-mq5ft
    @MohdShahid-mq5ft Год назад +1

    Usefull video...Thank u Sir👍

  • @wellwisher0
    @wellwisher0 Год назад +4

    I love your all video bcs you create video from heart❤

  • @kanmanideka60
    @kanmanideka60 11 месяцев назад

    Thank you sir for creating excellent video.

  • @tushar7031
    @tushar7031 Год назад

    Very very important videos and information

  • @mannurajbhar9974
    @mannurajbhar9974 5 месяцев назад

    Thanks you sir ,,Aaj apne meri problem dur kar diya .

  • @harshbansal7593
    @harshbansal7593 Год назад +7

    Perfectly explained with practical... Sir can you provide this b/s p/l format excel sheet

  • @govindtrivedi6280
    @govindtrivedi6280 Год назад

    Aap bahut bahut achha teaching karte hai Aap ko Bahut bahut dhanyawad

  • @Avinashkumar-kx6uh
    @Avinashkumar-kx6uh Год назад +1

    Thank you Sir for making this type of video.
    One request sir, Kindly make a video on Hospitality Services - Hotel Booking, Event Mgt and GST thereon and Accounting treatment.

  • @uttammore366
    @uttammore366 10 месяцев назад

    आपका पूरा व्हिडिओ दिखाओ अच्छा लगा आप सच मे बहुत अच्छा सिखाते हो ऐसे ca भी नही सिखा पाते, but सस्पेन्स को आपको नंबर one pe रखणा चैये था, मैं टॅक्स pratikshnar के पास काम karta ५० frim की अकाउंटिंग मैं करता हू

  • @ambika3568
    @ambika3568 Год назад +1

    Thank u so much sir.... Pls make videos in detail on practical audit in ca firms

  • @rameshwarlilariya
    @rameshwarlilariya 2 месяца назад +1

    Thank you so much sir 🙏

  • @ChandaGurungThapa
    @ChandaGurungThapa Месяц назад

    Thank you so much. Very much effective video.

  • @ABHISHEKYADAV-ry8gc
    @ABHISHEKYADAV-ry8gc 2 месяца назад

    Thank you so very much sir, it's very helpful for us and make us strong in accounts ❤❤❤❤

  • @nareshupanchal
    @nareshupanchal Год назад

    EXCELLENT VIDEO

  • @rahularaspure9360
    @rahularaspure9360 Год назад

    Excellent👍

  • @avinashshiyal2771
    @avinashshiyal2771 Год назад

    Nice sr best information

  • @GCCexplorewithshubham
    @GCCexplorewithshubham Год назад

    Great 👍

  • @shaikhsaif715
    @shaikhsaif715 Год назад

    Thank you so much sir

  • @anirbanpatra6898
    @anirbanpatra6898 Месяц назад

    Thank you so much Sir,

  • @ABHISHEKYADAV-ry8gc
    @ABHISHEKYADAV-ry8gc 2 месяца назад

    Very useful video ❤❤❤❤

  • @gulshansharma4437
    @gulshansharma4437 Год назад

    Thanks a lot sir❤❤❤❤❤❤

  • @gulshansharma4437
    @gulshansharma4437 Год назад

    Thanks a lot sir

  • @shabbirbagawan7013
    @shabbirbagawan7013 Год назад

    Thank You Sir

  • @sauravsingh9412
    @sauravsingh9412 Год назад +19

    Sir TAX AUDIT ke liye ek course bna dijiye...

    • @sujaljuneja5704
      @sujaljuneja5704 6 месяцев назад

      Apko koi course Mila tax audit ka?

    • @sauravsingh9412
      @sauravsingh9412 6 месяцев назад

      @@sujaljuneja5704 nahe dost..

    • @GujjuGuruji
      @GujjuGuruji 4 месяца назад

      ​@@sujaljuneja5704 ruclips.net/video/kDtmnRcpjJo/видео.htmlsi=YIHQFQNAh-HY_nVk

    • @mdanas1945
      @mdanas1945 Месяц назад

      Mere pass ek course hai tax audit ka

    • @lijinabraham2432
      @lijinabraham2432 5 дней назад

      @@mdanas1945 konsi course hai bhai please bata do . I am ready to pay

  • @arjunchoudhari3153
    @arjunchoudhari3153 Год назад

    Sir ye video mere liye bahut benifit sabit hui hai. Now I'm senior accountant. Agar aise hi apke video se sikhte rahenge to I think GST Practicener bhi ban jaye. Thank ❤you so much sir. GBU
    Sir ye wala excel ka format milega kya hame bhi?? Requirement sir please.

  • @carakeshkushwaha3956
    @carakeshkushwaha3956 Год назад

    superb

  • @srishilpa8083
    @srishilpa8083 Год назад +2

    Can we have a video for corporate entities accounting ?

  • @shrikantpise8436
    @shrikantpise8436 Год назад

    Thanks sir ji

  • @dishashah67
    @dishashah67 11 месяцев назад

    Thank u sir, very well expl.

    • @FinTaxPro
      @FinTaxPro  11 месяцев назад

      So nice of you

  • @uttammore366
    @uttammore366 7 месяцев назад

    Thank you 🙏 sir

  • @vinodverma6981
    @vinodverma6981 Год назад

    Thanx sir

  • @Creating407
    @Creating407 Год назад

    GREAT

  • @anilsoni4429
    @anilsoni4429 10 месяцев назад

    Perfect sir

  • @Kimbabysamy
    @Kimbabysamy Год назад +8

    Hi sir i am HARI from Tamilnadu, your all videos are useful to us lot but please give your service in English, this is my humble request

    • @javeedahmed3387
      @javeedahmed3387 Год назад +3

      Sir ji all people know Indian hindi langauge so Vivek sir first prefer in Hindi, I salute him who teaches useful & practicle cases in minimum cost & uploads free video on utube.

  • @asmitadesai2467
    @asmitadesai2467 Год назад

    Thanks

  • @sudhakarchaurasiyamaihar1628
    @sudhakarchaurasiyamaihar1628 Год назад +2

    Sir TAX AUDIT ke liye ek course bna dijiye jisme ca ko data send kar sake after finalization

  • @aakashpawar676
    @aakashpawar676 10 месяцев назад

    Sir please make one video on how to valuation of closing stock as per practice example

  • @ca.amitkakkar
    @ca.amitkakkar Год назад +2

    How to do Tax Audit Aur Statutory Audit? Video Bnao Sir 🙏🙏

  • @banamalidas4981
    @banamalidas4981 6 месяцев назад

    NICE SIR

  • @bhawanamehta3468
    @bhawanamehta3468 Год назад

    Sir please make a video on Tds on Gst.

  • @heritagecitymandawa5955
    @heritagecitymandawa5955 Год назад +2

    Tax audit or statuary audit ki video bana do sir

  • @arvindparmar9041
    @arvindparmar9041 Год назад

    Sir Make a video about audit please

  • @prajaktapatil4723
    @prajaktapatil4723 Год назад +1

    Sir Account finalisation ka ek video manufacturing company par karo

  • @user-eg8zg3dd7o
    @user-eg8zg3dd7o 5 месяцев назад

    Sir.entries.disallowed expenses,etc.matching taxable income/computation of income with books of accounts

  • @MN_dhumal_music019
    @MN_dhumal_music019 Год назад

    Sir apne books me cash sales kaise adjust kare ispe video bnao na plz

  • @sanjaykumar-so8lf
    @sanjaykumar-so8lf 7 месяцев назад +1

    Sir, I want to join your course GST,TDS and practical financial accounting

  • @ayanmukherjee4844
    @ayanmukherjee4844 Год назад

    Sir tally me opening balance ko kaise Dale with audit balance sheet please ek video banaye

  • @harishbhatt1046
    @harishbhatt1046 11 месяцев назад +1

    Sir , Gst ko kaise adjust kerte hai , IGST CGST SGST MAI , Please iska video bi share kijiye .

  • @ArunKumar-wh8tl
    @ArunKumar-wh8tl Год назад

    Hello sir.sir ageing report ka ek video upload kigiye

  • @sheshraodandge2973
    @sheshraodandge2973 8 месяцев назад

    🎉

  • @chandankamat4591
    @chandankamat4591 Год назад

    Please sir ek video Gstr8 pe video banao

  • @Positives_shorts
    @Positives_shorts Год назад

    Sir ...how to prepare mis reports on a monthly basis and yearly basis

  • @woldyworld-fashionablevlog1378

    From where to download financial statements ,, can you please send me link sir

  • @ankurmittal4209
    @ankurmittal4209 Год назад

    Gud

  • @VivekKumar-ww6lu
    @VivekKumar-ww6lu Год назад

    Sir how to check all steps please explain in detail

  • @greenhillaccountingtaxcons6267

    Sir ye pl & bs sold proprietorship ko bhi bana kar dena ho ga kya?

  • @gulshansharma4437
    @gulshansharma4437 Год назад

    Thanks❤❤❤❤❤❤

  • @gstandincometax8488
    @gstandincometax8488 3 месяца назад

    Sir fixed asset ka schedule simple income tax format me daal sakte hain kya

  • @deependrashrivastava8617
    @deependrashrivastava8617 Год назад

    Sir turnover match karne ka ek or option hai gst portal par dashboard me neche view turnover pls check sir

  • @anupkumarsrivastava3496
    @anupkumarsrivastava3496 3 месяца назад

    Sir I have seen your video about TDS filling . When I try as per your guid it is found that Java is not is not install and TDS rup utility not working

  • @avinashshiyal2771
    @avinashshiyal2771 Год назад

    Sr ptner ship vala accounting ka full video banaiye na sr plz

  • @rajendrakumardash6213
    @rajendrakumardash6213 9 месяцев назад

    Sir namasakar app ka teaching acha laga GST ka mujha one question puchna hai one elelctricity bill pa electricity Bala na hum ko inst deta hai that inst ki bill Mai set up kata hai mujha batia transaction ko differnt Leger kisa banaga and creat kana journal entry plse sir

  • @b-smindfulness3078
    @b-smindfulness3078 Год назад

    Sir kitne ghante ki class hogi ye

  • @ajaytripathi5323
    @ajaytripathi5323 Год назад

    Is it live now

  • @viveksukhla8631
    @viveksukhla8631 Год назад

    as a bcom graduate
    which courses of you should i buy
    to be able to file itr gstr and maintain accounts of my father who have a small business of 35-40 lakh yearly turnover??
    please help me om new to your channel in dont for whom these courses are.??

  • @akshaygurav4448
    @akshaygurav4448 5 месяцев назад

    Per month ka bank statement ka reconciliation CA ko send karna hai व्हिडिओ bnao sir

  • @ranajitghosh9482
    @ranajitghosh9482 Месяц назад

    Sir nursery plants k opr gst rate kya hai

  • @sachinverma2154
    @sachinverma2154 2 месяца назад

    Sir,
    I was cement dealer and now I am changing my business. I have 300 Bags of Cement in opening stock now i want to use this cement bags in my land. I have a query, how can i use this cement bags in my land in construction work. When I try to enter a entry in Stock journal, My opening stock and the amount of stock goes 0 but my Assets not increase by this entery. I can not enter a sales entry and purchase entry because this i filed GST both returned. Stock not show in Journal voucher.

  • @jayparmar1200
    @jayparmar1200 Год назад

    Sales reconciliation me exempted hai uska reconciliation kaise banate hai??

  • @santoshpal7984
    @santoshpal7984 Год назад

    Sir aap ki koi video hai kya tax audit pea section 44AB

  • @krishnakumar-co6hq
    @krishnakumar-co6hq Год назад

    Sir mai bike ke showroom ki accounting kr raha hu first time to sir kya kya compliance hoti hai accounting

  • @tusharbhardwaj9321
    @tusharbhardwaj9321 Год назад

    sir reconciliation kaise vnaye ssle ke sare bill kaise niklte hai portal se

  • @Raghavmanka28
    @Raghavmanka28 Год назад

    Sir ki youtube income 😁

  • @tusharbhardwaj9321
    @tusharbhardwaj9321 Год назад

    plz sir ak example de do

  • @CA_Hardev_Jadeja1
    @CA_Hardev_Jadeja1 28 дней назад

    Hello sir. As CA fresher should choose job or practice ?

  • @parthuprajapati6823
    @parthuprajapati6823 3 месяца назад

    From Where I can get this Excel Format OF financial Statement

  • @itsvinitsingh
    @itsvinitsingh Год назад

    Sir ye reimbursement kya hota hai?

  • @RanjanKumar-is8zh
    @RanjanKumar-is8zh Месяц назад

    Sir RCM ka entry kaise hota hai

  • @Gugu7601
    @Gugu7601 9 месяцев назад

    I have doubt in Rembursment paid 😮

  • @DILIPKUMAR-ld6fo
    @DILIPKUMAR-ld6fo Год назад

    Bhai savings account use kr rha tha bussiness k liye ab mujhe bussiness account use krna h kese kre

  • @nikunj5656
    @nikunj5656 6 месяцев назад

    Sir, kya course mein a to z cover Kiya Gaya hain, for corporate also

  • @gsharma
    @gsharma Год назад

    sir net profit ko current tax kua bolte hai

  • @ranjitmurmu8952
    @ranjitmurmu8952 Год назад

    Good Afternoon Sir, Salary ke sath incentive Jo milta hai usme ITR barna ho ta hai kya ???????? Ya incentive income tax free ho ta hai Sir Explain kar deje........?????

    • @surajvk1717
      @surajvk1717 4 месяца назад

      Salary ke sath jo incentive milti hai that is taxable under the salary head. It's considered as part of salary as per charging section of salary.

  • @sonusah876
    @sonusah876 Год назад

    sir reimbursement ka ledger alag alag create karane se balance to homesa carry forward hote rahega.

    • @FinTaxPro
      @FinTaxPro  Год назад

      Reimbursement Collected
      Reimbursement paid se adjust ho jayega

    • @FinTaxPro
      @FinTaxPro  Год назад

      Only balance carry forward hoga

  • @RK-pu8rz
    @RK-pu8rz Год назад

    Party se hi payment karvani chahiye

  • @arjunchoudhari3153
    @arjunchoudhari3153 Год назад

    Sir provisionals ka descuss krna bhul gye aap 😅

  • @ChanchalSharma-cb5wf
    @ChanchalSharma-cb5wf 9 месяцев назад

    Interview me puchha gaya question agar ki ko pata ho to bataye
    यदि कर सितंबर 2023 के 3बी में देय है जिसे हमें अक्टूबर 2023 में भुगतान करना है और हम कर का भुगतान नहीं करना चाहते हैं, तो हमें क्या करना चाहिए?
    यदि आप 2B से अधिक इनपुट का दावा करते हैं तो पोर्टल लाल हो जाएगा और यदि वर्ष के अंत तक इनपुट अधिक है और आउटपुट कम है तो क्या अधिसूचना अभी भी आ सकती है और यदि आती है तो उत्तर क्या होना चाहिए जो सही है?
    यदि किसी के पास इस संबंध में कोई जानकारी हो तो कृपया उचित मार्गदर्शन प्रदान करें।

    • @FinTaxPro
      @FinTaxPro  9 месяцев назад

      aapko wo invoice next month GSTR 1 m daalne hai and GSTR 3B interest k sath next month payment karni hai.
      Dhyan de Recipient ko input bhi next month hi milega

  • @SwatiPatil-vt2lf
    @SwatiPatil-vt2lf Год назад

    Balance sheet working sheet link to share

  • @shivagarwal2113
    @shivagarwal2113 5 месяцев назад

    Sir aap profession & trading ko mix karoge to kuch samajh nahi aayega😂

  • @nikhilshahu830
    @nikhilshahu830 Год назад

    Sir mujhe accounting course karna hai

  • @adityabajaj6649
    @adityabajaj6649 Год назад

    almost 3000 views in 10 hours.. Omg 😳

    • @FinTaxPro
      @FinTaxPro  Год назад +1

      Not a big deal, humari niche m 10k aa jate hai 2 hours m 🥹

    • @adityabajaj6649
      @adityabajaj6649 Год назад

      @@FinTaxPro congratulations sir.. amazing

  • @ashishshrivas4396
    @ashishshrivas4396 Год назад

    Video clear nahi dekha raha..

  • @siddarth7719
    @siddarth7719 Год назад

    VVG

  • @R2jjj
    @R2jjj Год назад

    Sir is there a Basic 0 to complete t course?