Diploma in Sales Tax Practice (DSTP)
SYLLABUS DSTP (LEVEL – I + LEVEL –II) Cash Book – Subsidiary Book – Ledger System This system of practical accounting contains accounts of large scale organization havaing different departments like purchase department, Sales department, Cash Department etc. and a group of accountants working in different departments. Prepartion of Cash Book – Purchase Day Book – Sales Day Book – Purchase Returns Book – Sales Returns Book – Bills Receivable Book – Bills Payable Book and a Journal Proper. General Ledger – Debtors Ledger Creditors Ledger Purchase Register – Sales Register – Cheque Receivable Register – Cheque Payable Register. Preparation of Schedules –Trial Balance – Computation of Stock, Depreciation – Bad Debts – Provision and Reserve for Bad Debts and Discounts etc. Preparation of Financial Accounts. Preparation of Bank Reconciliation Statement – Study of Different Types of accounting errors – Errors of Omission – Commission – Principles and Clerical errors – Rectification entries for correction of errors. Preparation of project report for obtaining Over Draft from banks. (1) Preparation of accounts of Jewellery dealers – Calculation of cost of production of Gold and Silver articles. Preparation of Day Book, Ledger and Final Accounts Relating to Jewellery brining old assets and liabilities in the account. SSI Registration – Tax exemption – Subsidy – Industrial Loans and its procedure – Trial Balance and Finalization of accounts – filing- Classification of files – placing files in filing cabinets – Scheduling of files –indexing of files. Tally 9 ERP |