ChandigarhQB: Elevate your accounting skills with specialized QuickBooks training in Chandigarh. Our tailored programs are designed for professionals and businesses looking to enhance their financial management and bookkeeping practices. Benefit from expert guidance, practical exercises, and real-world insights to confidently navigate QuickBooks and optimize your accounting workflows. Join us at ChandigarhQB and take your financial expertise to the next level!

Why should you learn cloud accounting software like Xero and QuickBooks?

• 1. High Demand for Cloud Accounting Skills
  
  • Xero and QuickBooks are widely used by small to medium-sized businesses for managing their finances.
  • By mastering these tools, you can cater to clients who need help with bookkeeping, payroll, invoicing, and tax management.
  • Shift to Cloud Accounting: More businesses in India, especially small and medium-sized enterprises (SMEs), are transitioning to cloud-based accounting software like QuickBooks and Xero. These platforms offer easier financial management, real-time data, and automation features, which are particularly appealing in a rapidly digitalizing market.
  • Digital India Initiative: With the Indian government pushing for more digital adoption through the “Digital India” initiative, businesses are looking for cloud solutions to streamline operations. Xero and QuickBooks are perfect fits for this transformation.
• 2. Freelancing Opportunities
  
  • Remote Work: Many businesses outsource their accounting tasks to freelancers. Knowing Xero and QuickBooks allows you to work remotely for multiple clients globally.
  • Flexibility: Freelancers have the flexibility to manage their own schedules, set their rates, and choose their clients.
  • Diverse Clientele: From startups to established businesses, many organizations look for freelance bookkeepers or accountants skilled in Xero and QuickBooks.
  • Project-Based Work: Some clients may need help setting up their accounting systems, while others need ongoing management, giving you varied work opportunities.
• 3. Job Opportunities in Finance and Accounting
  
  • Bookkeeping and Accounting Jobs: Businesses that use Xero or QuickBooks prefer hiring professionals who are already skilled in these platforms. You can work as an in-house accountant or a remote bookkeeper.
  • Consultancy: Many businesses look for consultants to help set up or optimize their accounting processes using Xero or QuickBooks.
  • Payroll Management: With the payroll features of both Xero and QuickBooks, you can specialize in payroll management for companies.
  • Financial Reporting: Being proficient in these tools enables you to help businesses generate financial reports, manage taxes, and provide insights based on real-time data.
• 4. Skill Gap in Accounting Software (Enhancing Your Resume)
  
  • Adding Xero and QuickBooks proficiency to your resume can make you a more attractive candidate for accounting roles.
  • Certifications in these platforms further strengthen your qualifications, demonstrating to potential employers or clients that you are competent in managing their finances.
  • Lack of Skilled Professionals: Despite the growing demand for QuickBooks and Xero experts, there is still a gap in the supply of professionals with the necessary skills in India. This skill gap presents a significant opportunity for accountants and finance professionals to upskill and meet the market demand.
• 5. Specialization in Industries
  
  • Many industries such as eCommerce, hospitality, and professional services use Xero and QuickBooks. Specializing in one of these fields can open niche freelancing or job opportunities.
  • Boom in the Startup Ecosystem: India is one of the fastest-growing startup ecosystems in the world. Many startups and small businesses are adopting QuickBooks and Xero because of their cost-effectiveness, simplicity, and scalability. This rise in new businesses is creating a growing demand for professionals skilled in these tools.
  • Need for Streamlined Accounting: SMEs and startups often don’t have the resources to maintain a full-fledged accounting department, which makes QuickBooks and Xero invaluable. These businesses need experts to manage finances, bookkeeping, payroll, and tax compliance using these platforms.
• .6 Increasing Number of Startups and SMEs
  
  • Boom in the Startup Ecosystem: India is one of the fastest-growing startup ecosystems in the world. Many startups and small businesses are adopting QuickBooks and Xero because of their cost-effectiveness, simplicity, and scalability. This rise in new businesses is creating a growing demand for professionals skilled in these tools.
  • Need for Streamlined Accounting: SMEs and startups often don’t have the resources to maintain a full-fledged accounting department, which makes QuickBooks and Xero invaluable. These businesses need experts to manage finances, bookkeeping, payroll, and tax compliance using these platforms.

Quckbooks Training Centre in Chandigarh – Course Content

• Installing QuickBooks
  
  • System requirements
  • Installing QuickBooks
  • Getting started with QuickBooks
  • Converting data from other Intuit products
  • Registering your copy of QuickBooks
  • Checking for QuickBooks software updates
  • What’s new in this version of QuickBooks
• Setting up your company file  
  
  •   Choose a start date
  •   Gather information
  •   Create your company file
  •   Set up company lists
  •   Enter opening balances
  •   Set up payroll 
  •   Enter optional adjustments
  •   Customize preferences
• Entering historical transactions  
  
  • Historical transactions overview
  • Entering sales and accounts receivable (A/R) transactions
  • Entering accounts payable (A/P) transactions
  • Entering payroll transactions
  • Entering bank and other transactions
  • Changing your start date
• Lists
  
  • Types of lists
  • Editing and deleting list items
  • Speeding up data entry with lists
  • Adding customized fields to lists
  • Keeping your lists organized
  • Printing, saving, or emailing a list
• Your chart of accounts  
  
  • Chart of accounts overview
  • Adding new accounts
  • Entering opening balances for accounts in use
  • Editing opening balances
  • Editing account information
  • Deleting an account
  • Using account numbers
  • Keeping your chart of accounts organized
  • Changing an account’s color
  • Merging existing accounts
  • Printing your chart of accounts
• Items—your products and services  
  
  • Items overview
  • Creating items
  • Tips for businesses that invoice for costs
  • Using subitems
  • Reports about items
  • Editing item information
  • Deleting items
  • Changing prices
• Tracking sales  
  
  • Types of sales forms
  • Entering a sales transaction
  • Working with sales transactions
  • Customizing your sales form
  • Printing, saving, or emailing a sale form
  • Charging for actual time and costs
  • Creating a daily sales summary
  • Assessing finance charges
  • Using billing statements
  • Using estimates
  • Questions and answers about sales forms
• Receiving and depositing payments
  
  • Recording an invoice or statement payment
  • Overpayments, down payments, and prepayments
  • Retainers
  • Correcting the application of a payment
  • Depositing payments
  • Recording a return
  • Handling a bounced check from a customer
  • Questions and answers about payments
• Inventory  
  
  • Inventory overview
  • Viewing items on order
  • Receiving inventory items
  • Using the inventory register
  • Viewing the average cost of inventory items
  • Adjusting value and quantity on hand
  • Returning items to a vendor
  • Reports about inventory
• Sales tax—track and pay  
  
  • Sales tax overview
  • Turning on sales tax
  • Creating tax items for each single tax you apply
  • Creating tax groups
  • Editing sales tax items
  • Assigning taxes to customers
  • Marking items you sell as taxable 
  • Applying sales tax to an invoice or cash sale
  • Non-taxable sales
  • Unusual tax situations
  • Keeping track of how much sales tax you owe
  • Paying sales tax
• Accounts receivable management
  
  • Viewing the accounts receivable register
  • Viewing the customer register
  • Editing a transaction in the A/R register
  • Changing the opening balance for a customer
  • Viewing an A/R transaction history   
  • Viewing a QuickReport about a customer
  • Working with A/R reports and graphs
• Bills  
  
  • Bills overview
  • Entering a bill
  • Paying bills
  • Viewing a bill payment
  • Editing bills and payments
  • Deleting bills and payments
  • Having QuickBooks remind you to pay your bills
  • Entering credit from a vendor
  • Questions and answers about bills
• Accounts payable management  
  
  • Viewing the accounts payable register
  • Editing a transaction in the A/P register
  • Viewing an A/P transaction history
  • Viewing a QuickReport about a vendor
  • Working with A/P reports and graphs
• Managing your checkbook  
  
  • Checks overview
  • Entering a check
  • Editing checks
  • Voiding checks
  • Deleting checks
  • Printing, saving, or emailing checks
  • Depositing funds into your checking account
• Credit card transactions  
  
  • Credit card overview
  • Entering a credit card transaction   
  • Editing a credit card transaction
  • Reconciling/paying your credit card statement
• Purchase orders  
  
  • Purchase order overview
  • Turning on the purchase order feature
  • Customizing purchase orders
  • Entering a purchase order
  • Viewing purchase orders
  • Receiving items against a purchase order
  • Editing purchase orders
  • Closing a purchase order manually
  • Printing purchase orders
•  Account registers
  
  • Account registers overview
  • Opening an account’s register
  • Entering transactions in a register
  • Editing transactions in a register
  • Finding a specific transaction
  • Printing, saving, or emailing a register
• Assets, liabilities, and equity  
  
  • Assets overview
  • Adding fixed asset and depreciation accounts
  • Selling fixed assets
  • Recording thefts or losses of fixed assets
  • Purchasing assets
  • Liabilities overview
  • Borrowing money
  • Adding a loan to your chart of accounts
  • Tracking loan payments
  • Equity overview
  • Distributing yearly profits to partners
  • Creating equity accounts
  • Transferring money out of Opening Bal Equity
  • Recording an owner’s draw
  • Recording an owner’s capital investment
• Account reconciliation  
  
  • Reconciling accounts overview
  • Balancing your account for the first time
  • Reconciling your checking account statement
  • Marking cleared transactions
  • Completing reconciliation
  • Reconciling your credit card statement
  • Correcting differences
  • Printing a reconciliation report
• Time tracking
  
  • Time tracking overview
  • Time tracking preferences
  • Filling in a weekly timesheet
  • Entering single activities
  • Invoicing customers for time
  • Reports about time
•  Reports, graphs, and budgets  

Xero Training Center in Chandigarh  Course Content

• 1. Introduction to Xero and Cloud Accounting
  
  • What is Xero?
    Understand the history and evolution of Xero, a cloud-based accounting software designed to help businesses manage finances more effectively.
  • Benefits of Cloud Accounting
    Learn the advantages of cloud-based accounting versus traditional methods, including access to real-time data, automation of routine tasks, and improved collaboration between team members and accountants.
  • Xero’s Role in Modern Business
    Explore why businesses, especially small to medium-sized enterprises (SMEs), prefer Xero for its user-friendly interface, integration capabilities, and ability to scale with business growth.
• 2. Getting Started with Xero
  
  • Creating an Account and Setting Up Your Business
    Step-by-step guidance on how to create a Xero account and enter your business’s basic details such as name, address, tax ID, and industry.
  • Configuring Initial Settings
    Learn how to customize your business profile, set up your financial year, select the appropriate tax rates, and configure currency settings if your business deals with multiple currencies.
  • Exploring the Xero Interface
    A detailed walkthrough of Xero’s dashboard, highlighting key features and tools, including bank accounts, sales, purchases, and financial reports. You’ll learn how to navigate the software with ease.
• 3. Managing Chart of Accounts
  
  • Understanding the Chart of Accounts
    Learn what the chart of accounts is and how it serves as the backbone of your financial reporting. Understand the difference between asset, liability, equity, revenue, and expense accounts.
  • Customizing Your Chart of Accounts
    Tailor your chart of accounts to your business’s unique needs. Learn how to add, edit, and delete accounts, as well as assign tax rates to each account for accurate reporting.
• 4. Bank Reconciliation and Transactions
  
  • Connecting Your Bank Accounts
    Learn how to securely link your bank accounts to Xero for real-time access to your transactions. Understand the importance of bank feeds for accurate and up-to-date financial data.
  • The Reconciliation Process
    Master the bank reconciliation process, where you compare your bank statements to the transactions recorded in Xero. This section will cover the best practices for reconciling deposits, payments, and transfers.
  • Setting Up Bank Rules
    Automate recurring transactions by setting up bank rules. This helps you save time by automatically categorizing and reconciling transactions that follow a consistent pattern, such as regular supplier payments or customer receipts.
• 5. Invoicing and Billing
  
  • Creating Professional Invoices
    Learn how to create and customize professional invoices, including setting payment terms, due dates, and automating email reminders for unpaid invoices. You’ll also learn how to add your company’s logo and brand colors to invoices.
  • Managing Customer Payments
    Understand how to track customer payments, mark invoices as paid, and handle partial payments. Learn how to set up online payment gateways like Stripe or PayPal to receive payments directly through Xero.
  • Recurring Invoices
    Set up recurring invoices for clients who are billed regularly (e.g., monthly subscription services). Automate the process to save time and improve cash flow consistency.
  • Creating and Managing Bills
    Discover how to enter and manage bills from suppliers, ensuring that expenses are tracked accurately and payments are made on time. Learn how to schedule recurring bill payments and avoid late fees.
• 6. Expense Tracking and Claims
  
  • Tracking Day-to-Day Expenses
    Learn how to accurately record business expenses, categorize them, and assign them to the correct account to maintain clean and organized financial records.
  • Expense Claims for Employees
    Set up and manage expense claims for employees, where team members can submit their work-related expenses for reimbursement. Xero streamlines this process, allowing employees to submit claims digitally.
  • Automating Expense Processes
    Explore ways to automate expense tracking by integrating with expense management tools like Receipt Bank or Expensify, which sync with Xero to reduce manual data entry.
• 7. Multi-Currency Transactions
  
  • Handling Multi-Currency in Xero
    Learn how to deal with multi-currency transactions if your business operates internationally. Understand how Xero automatically updates exchange rates and handles currency conversions.
  • Managing Foreign Currency Payments
    Discover how to invoice customers and pay suppliers in foreign currencies. Learn how to reconcile bank accounts that hold foreign currency balances.
• 8. Inventory Management
  
  • Setting Up and Tracking Inventory
    If your business sells products, learn how to set up inventory items in Xero. Track stock levels, costs, and sales quantities accurately, ensuring you have a clear view of what’s in stock and when to reorder.
  • Automating Inventory Management
    Integrate Xero with eCommerce platforms like Shopify or WooCommerce to automatically track inventory levels in real-time, reducing manual data entry and improving accuracy.
  • Inventory Reporting
    Generate reports that show inventory performance, helping you understand stock movement, identify best-selling items, and manage reordering strategies more effectively.
• 9. Payroll Management
  
  • Setting Up Payroll in Xero
    Learn how to set up payroll for employees, including adding employee details, configuring pay rates, tax settings, and deductions (such as retirement contributions or insurance premiums).
  • Processing Payroll
    Step-by-step guidance on how to run payroll in Xero, including calculating employee pay, generating pay slips, and processing salary payments. You’ll also learn how to handle payroll taxes and ensure compliance with local regulations.
  • Managing Leave and Time Off
    Discover how to track employee leave balances, including vacation days, sick leave, and other time-off entitlements. Automate leave accruals to ensure accuracy in payroll processing.
  • Payroll Compliance
    Ensure compliance with payroll regulations by setting up Xero to automatically calculate and deduct employee tax contributions, providing accurate records for tax filings.
• 10. Financial Reporting and Analysis
  
  • Generating Standard Financial Reports
    Learn how to generate key financial statements such as profit and loss, balance sheets, cash flow statements, and trial balances. These reports help provide a clear picture of your business’s financial health.
  • Customizing Financial Reports
    Discover how to create custom reports to meet specific business needs, such as sales by region, expenses by category, or profitability by project. This helps business owners make informed decisions.
  • Tracking Financial Performance Over Time
    Explore how to set financial goals, create budgets, and compare actual performance against forecasts. Use Xero’s reporting tools to track trends over time and improve financial decision-making.
• 11. Taxation and Compliance
  
  • Managing Sales Tax (GST, VAT, etc.)
    Set up sales tax rates relevant to your region, such as GST in India, VAT in Europe, or other local taxes. Ensure that your invoices and bills automatically calculate the correct tax amounts.
  • Filing Tax Reports
    Learn how to generate tax reports and file them directly from Xero. This includes preparing GST returns, VAT submissions, and other compliance reports based on your business’s tax structure.
  • Ensuring Audit-Ready Records
    Ensure that your financial records are accurate and audit-ready. Learn best practices for maintaining clean records, so you’re prepared for any tax audits or inquiries.
• 12. Managing Contacts (Customers and Suppliers)
  
  • Adding and Organizing Contacts
    Discover how to add new contacts for both customers and suppliers, and organize them into groups (such as VIP customers or key suppliers) for easy management.
  • Tracking Contact History
    Learn how to track the history of transactions and communications with each contact, helping you build better relationships with clients and suppliers.
  • Managing Outstanding Balances
    Monitor outstanding balances for each customer and supplier, ensuring that you stay on top of collections and payments.
• 13. Xero Integrations
  
  • Connecting Third-Party Apps
    Learn how to integrate Xero with other tools and platforms like CRM systems (e.g., Salesforce), eCommerce platforms (e.g., Shopify), and expense management tools (e.g., Expensify). This allows for seamless data flow across systems and reduces manual data entry.
  • Payment Gateways and Online Payments
    Set up payment gateways such as PayPal, Stripe, or Square to receive payments directly through Xero invoices. Learn how to manage and reconcile these payments with ease.
• 14. Mobile App and On-the-Go Accounting
  
  • Using Xero’s Mobile App
    Explore the functionality of Xero’s mobile app, which allows you to manage your finances from anywhere. Learn how to send invoices, approve expenses, and reconcile transactions on the go.
  • Real-Time Financial Management
    Access real-time data and reports via the mobile app to stay updated on your business’s financial status, even when you’re away from your computer.
• 15. Final Assessment and Certification
  
  • Hands-On Exercises
    Complete practical exercises that simulate real-world business scenarios. These exercises cover everything from setting up a business in Xero to managing daily financial operations.

SAP FICO Training Center in Chandigarh  Course Content

• SAP FICO SYLLABUS
  
  • o Introduction Of SAP
  • o Types Of SAP Projects
  • o ASAP Roadmap Methodology Or Project Phases
  • o Project Preparation
  • o Business Blueprint
  • o Realization
  • o Final Preparation
  • o Go-Live And Support
  • o Types Of Document Prepared By Function Consultant
• ENGTERPRISE STRUCTURE & BASIC SETTINGS: (PRACTICAL SESSION)
  
  • o Define Company
  • o Define Company Code
  • o Define Business Area
  • o Assign Company Code To Company
  • o Maintain Controlling Area
  • o Assignment Of Company Code To Controlling Area
• GENERAL SETTINGS
  
  • o Maintain Fiscal Year Variant
  • o Assign Fiscal Year Variant To Company Code
  • o Define Posting Period Variant
  • o Assign Posting Period Variant To Company Code
  • o Maintain Open And Close Posting Periods
  • o Define Field Status Variant
  • o Define Tolerance Groups For Employees
  • o Define Tolerance Groups For G/L
  • o Assign Field Status Variant To Company Code
  • o Document Types
  • o Posting Keys
  • o Define Number Ranges For Document Types
• GENERAL LEDGER ACCOUNTING
  
  • o Define Chart Of Account
  • o Assign Company Code To Chart Of Account
  • o Define Accounts Groups
  • o Define Retain Earning Accounts
  • o Create G/L Master Data
  • o Change G/L Master Data
  • o Block/Unblock G/L Master
  • o Delete G/L Master
  • o Transaction Posting To G/L Account
  • o Normal Posting
  • o Reversal Posting (Individual)
  • o Hold Document
  • o Park Document
  • o View G/L Report
  • o Foreign Currency Settings
  • o Cash Journal
  • o Setup Cash Journal Account
  • o Document Type For Cash Journal
  • o Number Range For Cash Journal
  • o Setup Cash Journal Transaction
  • o Cash Journal Posting And Reports
• ACCOUNT PAYABLE
  
  • o Define Vendor Account Groups
  • o Create Number Ranges For Vendor Account Groups
  • o Assign Number Ranges To Vendor Account Groups
  • o Define Tolerance Groups For Vendors
  • o Create Vendor Master Data
  • o Modify Vendor Master Data
  • o Block/Unblock Vendor Master Data
  • o Post Vendor Invoice
  • o Post Credit Memo
  • o Vendor Accounts Balances (Open Item Report)
  • o Vendor Outgoing Payment With Clearing
  • o Terms Of Payment
  • o Terms Of Payment (Normal)
  • o Terms Of Payment (With Discount)
  • o Terms Of Payment (Fixed)
  • o Terms Of Payment (Installment)
  • o Vendor Down Payment
  • o Create Down Payment Reconciliation Account
  • o Link Down Payment Recon. Act With Vendor Recon. Act
  • o Post Vendor Down Payment
  • o Post Vendor Invoice
  • o View Vendor Report
  • o Clear Down Payment
  • o Make Vendor Payment
  • o View Vendor Report
  • o Automatic Payment Program
  • o Step1: All Company Code
  • o Step 2: Paying Company Codes
  • o Step 3: ‘Payment Methods In Country
  • o Step 4: Payment Methods In Company Code
  • o Step 5: House Bank
  • o Step 6: ‘Bank Determination
  • o Step 7: Update Vendor Master
  • o House Bank And Bank Account Set Up
  • o Withholding Tax Configuration
  • o Check Withholding Countries
  • o Define Withholding Tax Keys
  • o Define Reasons For Exemption
  • o Define Withholding Tax Type For Invoice Posting
  • o Define Withholding Tax Codes
  • o Activate Extended Withholding Tax
  • o Creation Of G/L Account For TDS Posting
  • o Define Accounts For Withholding Tax To Be Paid Over
  • o Activation Of CIN In Vendor Master
  • o Maintain Company Code Settings
  • o Assign Withholding Tax To Vendor Master
  • o TDS Posting Scenario
  • o TDS Posting With Exemption Scenario
  • o Update Exemption Details To Vendor Master
• ACCOUNT RECEIVABLE
  
  • o Define Customer Account Groups
  • o Create Number Ranges For Customer Account Groups
  • o Assign Number Ranges To Customer Account Groups
  • o Tolerance Groups For Customer
  • o Define Customer Accounts
  • o Post Customer Invoice
  • o Post Customer Credit Memo
  • o Customer Accounts Balances (Open Item Report)
  • o Customer Outgoing Payment With Clearing
  • o Display Posted Document
  • o Customer Down Payment
  • o Create Down Payment Reconciliation Account
  • o Link Down Pyt Recon. Act With Cust. Recon. Account
  • o Post Customer Down Payment
  • o Post Customer Invoice
  • o View Customer Report
  • o Clear Down Payment
  • o Make Customer Payment
  • o View Customer Report
  • o Dunning Configuration
  • o Define Dunning Procedure
  • o Run Dunning Program
  • o Bill of Exchange
  • o Post bill of exchange
  • o Present bill of exchange
  • o Discounting bill of exchange
  • o Tax On Sales/Purchase (GST)
  • o Define Condition Type
  • o Create G/L Accounts
  • o Create/Copy Transaction Key
  • o Assign G/L Accounts
  • o Create Tax Procedure
  • o Assign Tax Procedure To Country
  • o Creation Of Tax Codes
  • o Edit Sales Revenue G/L
  • o Post A Customer Invoice
• ASSET ACCOUNTING:
  
  • o Copy Reference Chart Of Depreciation
  • o Assignment Of Chart Of Depreciation To Company Code
  • o Creation Of 0% Tax Codes For Sales And Purchased
  • o Assignment Of 0% Tax Code To Company Code
  • o Specify Account Determination
  • o Creation Of Screen Layout Rules
  • o Define Number Range Intervals
  • o Creation Of Asset Class
  • o Creation Of G/L Accounts
  • o Assignment/Integration Of G/L Account For Automatic Posting
  • o Specify Document Type For Depreciation Posting
  • o Specify Interval And Posting Rule
  • o Determination Of Depreciation Area In The Asset Class
  • o Specify Rounding Of Net Book Value
  • o Define Screen Layout For Asset Master Data
  • o Specify The Screen Layout For Asset Depreciation Area
  • o Define Depreciation Calculation Methods
  • o Maintain Depreciation Key
  • o Creation Of Asset Master Records
  • o Edit Asset Master Records
  • o Asset Purchase
  • o Asset Explorer
  • o Depreciation Run
  • o Acquisition Of Fixed Assets
  • o Sale Of Fixed Assets
  • o Sale Of Asset With Customer
  • o Sale Of Asset Without Customer
  • o Transfer Of Assets
  • o Intercompany Transfer
  • o Intracompany Transfer
  • o Asset Scraping
  • o Depreciation Run
  • Closing down procedures
• Integration
  
  • o Integration with FI & MM
  • o Integration with FI & SD
  • o Integration with FI & HR
• Reports
  
  • o Various reports of customers vendors and assets
• OTHER IMPORTANT TOPICS
  
  • o Sensitive Fields For Dual Control
  • o One Time Vendor Concept (Prerecorded Session)
  • o Validation Rule
  • o Substitution Rule
  • o Legacy System Migration Workbench (LSMW)
  • o Financial Statement Version
• New GL Accounts
  
  • o Configuring new GL
  • o Configuring multiple ledger
  • o Document splitting
  • o Configuring leading and non-leading ledger
• CONTROLLING MODULE
• COST ELEMENT ACCOUNTING:
  
  • o Creation Of Primary Cost Element
  • o Edit Primary Cost Element
  • o Mass Creation Of Primary Cost Element
  • o Generation Of Batch Input Session
  • o Run Batch Input Session
  • o Creation Of Secondary Cost Element
  • o Edit Secondary Cost Element
  • o Display Secondary Cost Element
• COST CENTER ACCOUNTING:
  
  • o Activate Cost Center Accounting
  • o Cost Center Standard Hierarchy
  • o Creation Of Cost Center Categories
  • o Creation Of Cost Center
  • o Edit Cost Center
  • o Display Cost Center
  • o Deletion Cost Center
  • o Cost Center Report
• PROFIT CENTER ACCOUNTING:
  
  • o Activate Profit Center
  • o Maintain Controlling Area Settings
  • o Define Dummy Profit Center
  • o Set Control Parameters For Actual Data
  • o Maintain Plan Versions
  • o Create Profit Center
  • o Edit Profit Center
  • o Display Profit Center
• INTERNAL ORDER
  
  • o Define Settlement Profiles
  • o Define Order Type
  • o Define And Assign Number Range
  • o Create Internal Order
  • o Create Internal Order
  • o Display Internal Order

 

Financial Modeling & Valuation Analyst (FMVA) Training in Chandigarh

Duration: 3 Months
Mode: Online/Offline (Chandigarh and Mohali)
Prerequisites: Basic knowledge of finance and accounting principles

Module 1: Financial Analysis Fundamentals

Objective: Introduce students to core financial statements and essential analysis techniques.

• Key Topics:
  
  1. Understanding the Balance Sheet, Income Statement, and Cash Flow Statement
  2. Financial Ratios (Profitability, Liquidity, Efficiency, Solvency)
  3. Trend and Common Size Analysis
  4. Interpreting Financial Statements
  5. Case Studies: Financial Health of Companies

Deliverables:

• Real-world case study analysis
• Financial ratio interpretation report

Module 2: Introduction to 3-Statement Modeling

Objective: Teach students to build an integrated financial model from scratch.

• Key Topics:
  
  1. Linking the Income Statement, Balance Sheet, and Cash Flow Statement
  2. Forecasting Revenues and Expenses
  3. Building Financial Assumptions
  4. Circular References and Iteration in Excel
  5. Building and Auditing Models

Deliverables:

• Fully functional 3-statement financial model

Module 3: Introduction to Business Valuation

Objective: Provide an understanding of valuation methodologies and their application.

• Key Topics:
  
  1. Overview of Valuation Approaches (DCF, Comparable Analysis, Precedent Transactions)
  2. Valuing Startups vs. Mature Companies
  3. Equity Value vs. Enterprise Value
  4. Market Capitalization and Multiples
  5. Applying Valuation in M&A Transactions

Deliverables:

• Valuation of a sample company using multiple methods

Module 4: Operational Modeling

Objective: Develop operational models to assess company performance.

• Key Topics:
  
  1. Revenue and Cost Drivers
  2. Building Assumptions for Operational Models
  3. Operating Metrics (ARPU, LTV, CAC, etc.)
  4. Capacity Planning and Cost Control
  5. Sensitivity of Operational Assumptions

Deliverables:

• A detailed operational model for a case company

Module 5: DCF Valuation Modeling

Objective: Deep dive into the Discounted Cash Flow (DCF) model for valuation.

• Key Topics:
  
  1. Free Cash Flow (FCF) Calculation
  2. Terminal Value Estimation (Growth and Exit Multiple Method)
  3. Weighted Average Cost of Capital (WACC)
  4. DCF Sensitivity Analysis
  5. Common Pitfalls in DCF Models

Deliverables:

• Complete DCF model of a public company

Module 6: Comparable Valuation Analysis

Objective: Teach students to perform relative valuation using comparable companies.

• Key Topics:
  
  1. Identifying Comparable Companies
  2. Selecting and Normalizing Financial Metrics
  3. EV/EBITDA, P/E, and P/S Ratios
  4. Pros and Cons of Comparable Valuation
  5. Building a Comparable Analysis Template

Deliverables:

• Comparable company analysis report

Module 7: 3-Statement Modeling (Advanced)

Objective: Build more complex and dynamic financial models with scenario analysis.

• Key Topics:
  
  1. Advanced Forecasting Techniques (Revenue, COGS, CAPEX)
  2. Handling Different Capital Structures
  3. Scenario Planning and Sensitivity Analysis
  4. Circular Reference Management
  5. Stress Testing Financial Models

Deliverables:

• Advanced 3-statement financial model with scenario analysis

Module 8: Budgeting and Forecasting

Objective: Equip students with skills to prepare budgets and forecasts.

• Key Topics:
  
  1. Budgeting Techniques and Variance Analysis
  2. Rolling Forecasts and Strategic Planning
  3. Revenue and Expense Forecasting
  4. Integration of Budget and Financial Models
  5. Case Study: Corporate Budget Process

Deliverables:

• Annual budget for a case company

Module 9: Monthly Cash Flow Modeling

Objective: Develop cash flow models to predict and manage liquidity.

• Key Topics:
  
  1. Cash Flow Drivers (Working Capital, Debt, etc.)
  2. Monthly Forecasting for Cash Flow
  3. Short-Term vs. Long-Term Cash Flow Projections
  4. Managing Surplus and Deficits
  5. Cash Flow Stress Testing

Deliverables:

• Monthly cash flow projection model

Module 10: Scenario & Sensitivity Analysis in Excel

Objective: Build robust models with flexible inputs to test different business scenarios.

• Key Topics:
  
  1. Sensitivity to Key Assumptions (Growth, Margins, WACC)
  2. Building Scenario Managers in Excel
  3. Best Case, Worst Case, and Base Case Scenarios
  4. Monte Carlo Simulation (Basic)
  5. Excel Tools for Scenario Management

Deliverables:

• Scenario analysis report based on a financial model

Module 11: Dashboards & Data Visualization

Objective: Create dashboards for financial data visualization.

• Key Topics:
  
  1. Best Practices for Financial Dashboards
  2. Data Visualization Tools in Excel
  3. KPI Dashboards and Performance Tracking
  4. Dynamic Dashboards using Pivot Tables
  5. Case Study: Building an Executive Dashboard

Deliverables:

• Interactive financial dashboard

Module 12: PowerPoint & Pitchbooks

Objective: Prepare professional presentations to communicate financial analysis results.

• Key Topics:
  
  1. Key Elements of Financial Pitchbooks
  2. Structuring Financial Presentations
  3. Designing Effective Charts and Graphs
  4. Tailoring Content for Different Audiences (Investors, Management)
  5. Storytelling with Data

Deliverables:

Financial pitchbook presentation

 

Other Accounting Courses in Chandigarh

• SAGE ACCOUNTING
• ZOHO ACCOUNTING
• XERO ACCOUNTING
• TALLY PRIME WITH GST
• ACCOUNTING & TAXATION
• MARG-ERP
• FINANCIAL MODELING
• FINANCIAL ACCOUNTING

 

Contact Us – 6284444300