It is very important for any business to do accounting for getting proper information about the business. You will get actual position of the business such as profit & loss and business position from balance sheet. if we don't maintain proper accounting of business, it will be very difficult for us to do good business. that's why it is very important for eCommerce business as well
In this course we have covered all eCommerce business transactions such as
Sales & Sales Return
Payment Reconciliation
Order wise outstanding report
Import of Sales from Excel to Busy accounting software
Generating GST Returns GSTR1, GSTR3B
Inventory Reports
Many accounting students do not receive a physical book, they get to keep from their school, and even if they did, the information could become dated. Students who want a useful reference tool they can keep, and one that can be more easily updated then a textbook, will benefit from a resource such as this.
Financial accounting is a LARGE topic and is not something that can be done well in 5, 10, or 20, hours of content, as you may see claimed elsewhere. We will cover accounting theory because theory and concepts are what accounting is. We need to learn theory so we can make appropriate adjustments in the real world. Learning procedures without understanding the theory will make us inflexible and unable to adapt to the ever-changing environment. We will learn the theory while we apply them to procedures.
Financial accounting is relatively standardized in format. In other words, most accounting institutions will cover much the same topics, often in much the same order. We suggest looking up a standard accounting textbook, checking the index, and comparing the topics to the courses you are considering purchasing. We believe this course will line up well to anybody’s needs who want to learn financial accounting.