Stepwise Account Finalization करना सीखें with Adjustment Entry ft

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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Stepwise Account Finalization करना सीखें
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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

[@FinTaxPro]

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

[@vlog.v700]

Ap apke video dekhe kuch nice explains kia ha

[@prashantrawat6738]

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

[@sudhakarchaurasiyamaihar1628]

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

[@adv.saurabhyadav5330]

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

[@khileshsahu956]

100% सही कहा भईया आपने

[@khileshsahu956]

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

[@harshbansal7593]

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

[@Avinashkumar-kx6uh]

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.

[@dishashah67]

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

[@ambika3568]

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

[@kanmanideka60]

Thank you sir for creating excellent video.

[@wellwisher0]

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

[@rameshwarlilariya]

Thank you so much sir 🙏

[@ABHISHEKYADAV-ry8gc]

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

[@MohdShahid-mq5ft]

Usefull video...Thank u Sir👍

[@uttammore366]

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

[@swapnilpachpande1176]

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

[@tushar7031]

Very very important videos and information

[@mannurajbhar9974]

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

[@govindtrivedi6280]

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

[@rahularaspure9360]

Excellent👍

[@arjunchoudhari3153]

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.

[@srishilpa8083]

Can we have a video for corporate entities accounting ?

[@GCCexplorewithshubham]

Great 👍

[@ABHISHEKYADAV-ry8gc]

Very useful video ❤❤❤❤

[@shaikhsaif715]

Thank you so much sir

[@vinodverma6981]

Thanx sir

[@shabbirbagawan7013]

Thank You Sir

[@prajaktapatil4723]

Sir Account finalisation ka ek video manufacturing company par karo

[@sachinverma2154]

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.

[@aakashpawar676]

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

[@shrikantpise8436]

Thanks sir ji

[@anupkumarsrivastava3496]

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

[@nareshupanchal]

EXCELLENT VIDEO

[@uttammore366]

Thank you 🙏 sir

[@asmitadesai2467]

Thanks

[@sudhakarchaurasiyamaihar1628]

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

[@gulshansharma4437]

Thanks a lot sir

[@avinashshiyal2771]

Nice sr best information

[@gstandincometax8488]

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

[@gulshansharma4437]

Thanks a lot sir❤❤❤❤❤❤

[@carakeshkushwaha3956]

superb

[@user-eg8zg3dd7o]

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

[@sanjaykumar-so8lf]

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

[@greenhillaccountingtaxcons6267]

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

[@Kimbabysamy]

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]

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.

[@Creating407]

GREAT

[@akshaygurav4448]

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

[@bhawanamehta3468]

Sir please make a video on Tds on Gst.

[@dishashah67]

Thank u sir, very well expl.

[@FinTaxPro]

So nice of you

[@ca.amitkakkar]

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

[@banamalidas4981]

NICE SIR

[@anilsoni4429]

Perfect sir

[@arvindparmar9041]

Sir Make a video about audit please

[@naveenyadav8105]

Sir please Fixed Assets Report Prepare ki ak video bana dijiye.

[@deependrashrivastava8617]

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

[@harishbhatt1046]

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

[@MN_dhumal_music019]

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

[@heritagecitymandawa5955]

Tax audit or statuary audit ki video bana do sir

[@ayanmukherjee4844]

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

[@kunalchaudhari6292]

Sir suspense account personal real nominal in mai se konasa hota hai

[@Abhishek-pk6cx2gb3y]

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

[@rajendrakumardash6213]

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

[@viveksukhla8631]

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.??

[@VivekKumar-ww6lu]

Sir how to check all steps please explain in detail

[@krishnakumar-co6hq]

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

[@parthuprajapati6823]

From Where I can get this Excel Format OF financial Statement

[@jayparmar1200]

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

[@sheshraodandge2973]

🎉

[@ArunKumar-wh8tl]

Hello sir.sir ageing report ka ek video upload kigiye

[@tusharbhardwaj9321]

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

[@santoshpal7984]

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

[@ankurmittal4209]

Gud

[@avinashshiyal2771]

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

[@gulshansharma4437]

Thanks❤❤❤❤❤❤

[@FinTaxPro]

You're welcome 😊

[@chandankamat4591]

Please sir ek video Gstr8 pe video banao

[@ajaytripathi5323]

Is it live now

[@itsvinitsingh]

Sir ye reimbursement kya hota hai?

[@Gugu7601]

I have doubt in Rembursment paid 😮

[@gsharma]

sir net profit ko current tax kua bolte hai

[@DILIPKUMAR-ld6fo]

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

[@SwatiPatil-vt2lf]

Balance sheet working sheet link to share

[@tusharbhardwaj9321]

plz sir ak example de do

[@sonusah876]

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

[@FinTaxPro]

Reimbursement Collected
Reimbursement paid se adjust ho jayega

[@FinTaxPro]

Only balance carry forward hoga

[@shivagarwal2113]

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

[@Raghavmanka28]

Sir ki youtube income 😁

[@ChanchalSharma-cb5wf]

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]

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

[@arjunchoudhari3153]

Sir provisionals ka descuss krna bhul gye aap 😅

[@RK-pu8rz]

Party se hi payment karvani chahiye

[@ranjitmurmu8952]

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]

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.

[@nikhilshahu830]

Sir mujhe accounting course karna hai

[@nikunj5656]

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

[@FinTaxPro]

No

[@siddarth7719]

VVG

[@ashishshrivas4396]

Video clear nahi dekha raha..

[@adityabajaj6649]

almost 3000 views in 10 hours.. Omg 😳

[@FinTaxPro]

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

[@adityabajaj6649]

@@FinTaxPro congratulations sir.. amazing

[@R2jjj]

Sir is there a Basic 0 to complete t course?

[@anubhavchanana9178]

Mujhe sirf format chahiye and not course,so I will pay you,please provide me with the format

[@FinTaxPro]

Formats are part of course.
You can check Financial for non corporate course

[@kaithsir]

💡💡दोस्तों मैं एक TH-camr हूं और मेरे चैनल पर Account, जीएसटी और माइक्रोसॉफ्ट एक्सेल के बहुत अच्छे वीडियो हैं जो आपके काम को आसान बना सकते हैं।⭐
🌹Nice Video🌹

[@TheNayanshetty]

Thanks Sir

[@sauravsingh9412]

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

[@sujaljuneja5704]

Apko koi course Mila tax audit ka?

[@sauravsingh9412]

@@sujaljuneja5704 nahe dost..

[@GujjuGuruji]

​@@sujaljuneja5704 th-cam.com/video/kDtmnRcpjJo/w-d-xo.htmlsi=YIHQFQNAh-HY_nVk

[@b-smindfulness3078]

Sir kitne ghante ki class hogi ye

[@umeshsoni248]

thank you sir