Accounting Courses Archives

For any organization to be successful, proper maintenance of the organization should be an integral part. These developments come under the Human Resources department. Managing human resources It is a time-consuming process, which in turn is complicated. Thus it is needed to reduce human errors and mistakes, this can be done easily with the help of HRMS (Human Resource Management System) software solutions that are provided by various organizations over through internet.

There are some basic features that are provided by almost all of the Human Resource Management Systems, they are listed as follows:

Onboarding of New Employees
Recruiting Employees
Managing Employee Information
Evaluating the Performance of Employee
Leave and Attendance Tracking
Payroll Management Services
Employee Self Service
Informed Decision Making
Detailed Analytics of Performance
Learning Management
Benefits Administration

Any HR software is a combination of many processes and systems that work together to connect information technology and human resource management of any organization. HR functioning has many such tasks that are repetitive in nature and thus time can be saved in case some software implements that repetition. Thus any HR software makes the process simpler by using automated tools thereby saving a lot of time on a regular basis. The saved time can be applied to other functionalities thereby helping generate more profits and quality products.

Any HR personals life gets sorted with the use of HRMS software solutions, as it helps automate many large processes. Thus, it became an essential part of modern HR development solutions. There is a significant presence of a large number of HRMS software solutions available in the market, some of those are listed as follows:

ADP Vista HCM:

Being an HR and payroll software, ADP Vista HCM enables organizations to streamline businesses through their cloud-based HR. It helps automate so many processes that in turn relieves the management. It supports other HR modules, thus making it easier to integrate along with other software.

It offers all in one HR management that includes online attendance, online leave, payroll management, and reporting. It provides good quality analytics too. It lets the employees access data. It is built on robust technology and the software turns out to be very beneficial as it is highly customizable.

PeopleStrong:

One of the prevailing solutions of HR, PeopleStrong offers employee recruitment and employee lifecycle management solutions. It comes with a vision to simplify the work and thus they believe in delivering technology with services. Thus they provide learning and payroll management services too. Interestingly, they have an HR Chatbot which turns out to be quite unique and interesting.

Spine HRMS:

It is a complete and precise solution for your HR needs. Spine HRMS is amongst the most simple HRMS software. It is so easy to use and is available with such a straightforward interface for users. It does all the basic functionalities of HRMS including payroll processes and managing records of employees, and a lot more.

Drawinbox:

It helps in addressing high-end issues with great value insights, along with other HRMS functions like employee and recruitment management, payroll management, and many others it offers performance management. This helps in resolving a vast variety of issues that might show up.

Focusing mainly on scalability and intuitiveness, Drawinbox is a kind of new-age HRMS platform for enterprises. Thus it is considered to be one of the best HRMS software solutions.

greytHR:

greytHR is a cloud-based Human Resource and payroll management software which is considered best for small and medium-sized companies and businesses. It offers all basic functionalities like employee management, attendance and leaves management along with performance management. It includes features like the employee self-services at cost-effective prices.

Sum HR:

Sum HR aims at removing all the traditional features of HR management and making it fully automated. They provide easy to use and an incredibly good Human Resource Management System. It includes basic functionalities like payroll outsourcing and management, attendance management, performance management, and employee engagement systems.

HR-One HRMS:

Interestingly, HR-One HRMS is available as both a premise-based and cloud-based software solution. It is one of the most popular HRMS software with over 2 lakh subscribed businesses. They provide assistance in various modules, any company can choose the solution that they feel is going to be the best for them.

This variety has helped HR-One to be one of the top-rated HR management solutions. They have made their software available on both Android as well as iOS devices.

Keka HR:

Keka is an employee experience modern-day HR management platform that is well-curated with basic features of HRMS like payroll management, employee management, talent management, timesheet management, performance management and a lot more. Payroll is its flagship functionality, it was awarded ‘The best Payroll Software India – 2017’ by ‘World HRD Congress’. It is a cloud-based software helpful in payroll and talent management of your company.

Beehive HRMS:

Beehive HRMS helps in managing employees efficiently as per the requirement. It is a one-stop solution for all your HRM needs. It helps in managing employees without wasting much time. It does the basic functions of an HR management system like grievance management, training management, payroll, employee self-service, recruitment management, attendance and time management.

Zoho People:

Zoho is a customizable HRMS service provider. It works according to the needs of the company, it is an ideal software for managing the company more efficiently. It takes care of the complete HR solution online.

It centralizes employee data allowing them to use employee self-service. It gives out options for performance review and management along with attendance and time management. Allover, it is a good service for HR management.

HR Mantra:

HR Mantra is one of the best payroll services for HR management. It works quite efficiently and is helpful in managing the workforce. It does many key operations of any HRMS like travel, claim and helpdesk management, recruitment management, leave management, payroll, and employee management, learning management, project management, and many more.

Conclusion:

The success of any kind of business relies on the hands of its employees, keeping them motivated and happy should be the key concern of the HR department. Thus, for making it a good experience for the employee, the management should opt for implementing one of the HRMS software solutions that suit the best for the company. In this age of automated revolution, any repetitive task can be avoided and managed properly by software and adding other features to it can take away all kinds of problems of the organization.

If you opt for an HRMS, it is definitely going to give an edge to your business, it helps you focus more on other aspects of the work that might need more attention. Thus investing in an HR management software today can turn out to be a game-changer in terms of profits and targets achieved in the future.

A modern-day HRMS will not only help in automating functions, but it also helps in building a healthy work environment. Thus it is good to make a list of the things you need to cover by taking the help of an HR management software and then choose the best software, that in turn provides you with the majority of them. We hope that our work can help you out.

In today’s world, there is a significant role played by accountants to make decisions for a company. This does ensure a great opportunity, but also a bright career. Getting employment in today’s highly competitive world is not an easy task, and you have to keep it in mind. So, the development of good skills is always important even when you have completed your graduation. So, in case you have completed your B.Com, you can take a look at courses offered by ICA. There are so many courses available that might help you achieve what is thought to be unachievable. There are so many requirements for people with proper knowledge of Financial Accounting, TDS, Taxation, Advanced Partial Accounts, Business Computer Application, Goods & Service Tax, and many more. ICA provides so many great courses that might help you nourish your knowledge and land you a good job. The people who have done these courses turn into being in high demand in the industry. The more you learn, the more you get benefits from it. Thus it is good to keep learning more and more.

Some of the courses offered by ICA on Accounting are listed as follows:

1. Business Accounting:

This course by ICA focuses on concept building. It focuses on topics like Accounts Documents, Depreciation, Capital & Revenue Transactions, Stock Valuation, BRS, Year-end adjustments, Final Accounts, and Error rectification. By choosing this course you ensure yourself a good opportunity in a career as almost each and every business is going to need an accounting and being good at it might give you a competitive edge over others. The everyday market sees a change and to cope up with the needs of recent trends, any company would require to have the guidance of a Business Accountant under its table. Thus it is the right thing to do as far as today’s industry is concerned.

2. Direct Tax:

Direct Tax course revolves around the concept of Income Tax. It helps students better understand the way it works, primarily the course focuses on concepts like Income from salaries, Profits, and Gains of Profession or Business, Income from House Property, Income from Capital Gains & other sources. After grabbing adequate knowledge about the income sources, it teaches concepts of Application of PAN, Computation of Taxable Income, E-filing of Income Tax Return, Deductions under Chapter VI-A, E-TDS, concepts & provisions in TDS, and project on TDS. Businesses that do not take care of taxes have often faced criticism and in some cases, just inappropriate understanding has led to a high amount of fine to many big companies. Thus the companies are working on getting it corrected which requires the consultancy of a person having good knowledge of direct tax.

3. Business Communication:

One of the most important aspects related to a business is Communication. By taking Business Communication you get to learn a lot about Communication Skills. It includes concepts of Assertive Communication, Presentation Skills, Goal Setting and Time Management, People Skills (behaviour in Workplace), Non-verbal Communication, Selling your Skills (Cover Letter and Resume Designing), and a lot of other related concepts. It is good for the overall development of ourselves as an individual and having knowledge of these subjects is an evergrowing demand in the industry. Combining the knowledge of business and communication helps in bringing up more frequently dealing with clients, luring more investors and thereby is one of the fastest-growing aspects in the industry.

4. Tally.ERP 9:

Tally has always been one of the most anticipated works in the accounts department. Knowledge of Tally in today’s industry can help you get a good job. Tally covers many concepts like Company creation, Accounting, Bill of Materials (BOM), Cost Centre & Cost Category, Inventory, Purchase & Sales Cycle, GST using Tally, Basic concepts of GST, Generation of Returns, PF, ESI, Payroll, Security, Backup and Restore, TDS, and many more. Learning these subjects can take you high ground into developing skills required by the industry thereby ensuring your career opportunities.

5. Advanced Accounts:

There has been an evolution in the industry since the digitization occurred. It has become easier for people to make online transactions and using other modes of transactions that do not involve cash. Thus there is an increasing amount of queries made by people regarding evolution in the accounting industry. Advanced accounts course helps you out understand basic concepts of subjects like Accounts Reconciliation, Accounting for Digital Transactions (Paytm, Debit Card, Credit Card, etc.), Advanced Journal Entries, Company Final Accounts, Online Finansation of Accounts, Ledger Scrutiny, Analysis of Financial Statements and many more related subjects. The idea is to keep up with the current market such that it becomes easier for businesses to focus on their primary functions.

6. Goods & Service Tax (GST):

The most recent and biggest change that occurred in the whole country was the implementation of Goods & Service Tax a few years ago, the idea that the whole nation would have the same tax system changed the scenario of tax accounting in numerous ways. Businesses need proper guidance of a knowledgeable person for making an appropriate and detailed description of how the tax is going to be charged. Thus creating tons of opportunities for people pursuing this course. This course revolves around understanding basic concepts of GST, Time & Value of Supply, Input Tax Credit, Levy & Collection of Tax, Payment o Tax, GST using Tally, Project on GST, Practice on GSTN, returns, General Procedures and Valuation. Thus this course covers the wide implementation of GST, something that might be in full interest of a hiring company.

7. Business Computer Applications:

The knowledge of basic tools is so much of importance these days. Many tasks that are related to accounting requires the use of basic operations of various tools that are available in some third-party software. The course revolves around the concepts of Hardware & Software, Page Set Up, File & Folder Management, Working with Windows 10, Introduction to MS Word 2016, Tables, Formatting Documents, MS Powerpoint 2016, Cell Reference, Drafting & Formatting Documents, Introduction to MS Excel 2016, Database Design, Logical Functions, Sort & Filter, Protection, Project on Excel, Internet & E-mailing, MS Outlook 2016, Mail Merge, Financial Functions, Google Drive, Number & Conditional Formatting, and many more relevant topics. The idea of the course is to make sure that the accountant is able to use the latest technology easily to resolve the various issues related to accounts and help run the business better.

So, we have discussed over a lot of accounting courses that you can pursue after completing your B.Com to gain more knowledge and get into working in the area of the field you like the most. There are so many options available that are carefully designed by ICA so that it becomes more relevant to the industry. We hope that the brief idea about the courses listed by us help you in selecting the right course for you and make you achieve success as time comes. If not, there are many more options out there that you must see before getting yourself to a final decision. The above-listed courses will not only help in achieving success but also make you learn a lot more thereby helping you develop skills that are required by the industry.

Category: Accounting Courses

Category: Accounting Courses

Best HR Management Systems of India

Top Accounting Courses in India Offered by ICA