Ak Accounting & Tax Services

GST Course

🎉✨ 𝐅𝐞𝐬𝐭𝐢𝐯𝐞 𝐎𝐟𝐟𝐞𝐫 𝐀𝐥𝐞𝐫𝐭! ✨🎉
🚀 𝐌𝐚𝐬𝐭𝐞𝐫 𝐆𝐒𝐓 𝐢𝐧 𝐒𝐢𝐦𝐩𝐥𝐞 𝐒𝐭𝐞𝐩𝐬 – 𝐢𝐧 𝐇𝐢𝐧𝐝𝐢

इस कोर्स में आप सीखेंगे – 𝐆𝐒𝐓 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻, 𝗜𝗧𝗖, 𝗘-𝗜𝗻𝘃𝗼𝗶𝗰𝗶𝗻𝗴, 𝗘-𝗪𝗮𝘆 𝗕𝗶𝗹𝗹, 𝗥𝗲𝗳𝘂𝗻𝗱 𝘂𝗻𝗱𝗲𝗿 𝗚𝗦𝗧, 𝗕𝗹𝗼𝗰𝗸𝗲𝗱 𝗖𝗿𝗲𝗱𝗶𝘁𝘀, 𝗟𝗶𝘃𝗲 𝗥𝗲𝘁𝘂𝗿𝗻 𝗙𝗶𝗹𝗶𝗻𝗴, 𝗥𝗖𝗠, 𝗖𝗼𝗺𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻 𝗦𝗰𝗵𝗲𝗺𝗲 और बहुत कुछ!

✔️ 𝗦𝘁𝘂𝗱𝗲𝗻𝘁𝘀, 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹𝘀 और 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗢𝘄𝗻𝗲𝗿𝘀 के लिए परफेक्ट
🎯 𝗚𝗦𝗧 𝗕𝗮𝘀𝗶𝗰 𝘁𝗼 𝗔𝗱𝘃𝗮𝗻𝗰𝗲 (𝗠𝗦𝗠𝗘 𝗔𝗽𝗽𝗿𝗼𝘃𝗲𝗱)
📚𝗛𝗶𝗻𝗱𝗶 में सीखें | 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 + 𝗧𝗵𝗲𝗼𝗿𝘆 | 𝗟𝗶𝗳𝗲𝘁𝗶𝗺𝗲 𝗔𝗰𝗰𝗲𝘀𝘀

📌 आपको मिलेगा:
✅𝟴.𝟱+ घंटे की 𝗥𝗲𝗰𝗼𝗿𝗱𝗲𝗱 𝗩𝗶𝗱𝗲𝗼𝘀
✅ 𝗟𝗶𝗳𝗲𝘁𝗶𝗺𝗲 𝗩𝗮𝗹𝗶𝗱𝗶𝘁𝘆 + 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗶𝗼𝗻 𝗖𝗲𝗿𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗲
✅ 𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝗧𝗲𝗺𝗽𝗹𝗮𝘁𝗲𝘀 & 𝗦𝘁𝘂𝗱𝘆 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹 (𝗘-𝗯𝗼𝗼𝗸)
✅ 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗚𝗦𝗧 𝗙𝗶𝗹𝗶𝗻𝗴 (𝗚𝗦𝗧𝗥-𝟭 & 𝗚𝗦𝗧𝗥-𝟯𝗕)

💡 चाहे आप 𝗦𝘁𝘂𝗱𝗲𝗻𝘁 हों 𝗙𝗿𝗲𝘀𝗵𝗲𝗿 हों या 𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 – ये कोर्स आपको 𝗚𝗦𝗧 𝗝𝗼𝗯-𝗥𝗲𝗮𝗱𝘆 बनाएगा!

🔥 🎊 𝗙𝗲𝘀𝘁𝗶𝘃𝗲 𝗢𝗳𝗳𝗲𝗿 – सिर्फ ₹𝟵𝟵 में! 🎊
⏰ 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 𝗧𝗶𝗺𝗲 𝗢𝗻𝗹𝘆 – 𝗗𝗼𝗻’𝘁 𝗠𝗶𝘀𝘀 𝗢𝘂𝘁!

👉 𝗘𝗻𝗿𝗼𝗹𝗹 𝗡𝗼𝘄: https://aktrainings2025.systeme.io/gst-course

📢 इस 𝗙𝗲𝘀𝘁𝗶𝘃𝗲 𝗦𝗲𝗮𝘀𝗼𝗻 अपने 𝗖𝗮𝗿𝗲𝗲𝗿 को 𝗕𝗼𝗼𝘀𝘁 करें – 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝘀 & 𝗧𝗮𝘅𝗮𝘁𝗶𝗼𝗻 में 𝗘𝘅𝗽𝗲𝗿𝘁 बनें!

GST Course

📌 Accounts Payable Q&A – Part 6 (Q61 to Q70)
Download the pdf for free:- https://shorturl.at/uw4TU

Q61. What is manual invoice processing?
👉 When invoices are entered and approved by hand without automation tools. It takes more time and may cause errors.

Q62. What is automated invoice processing?
👉 Using software or tools to scan, match, and process invoices faster and with fewer mistakes.

Q63. What is vendor master data?
👉 All the key details of a vendor stored in the system (name, address, tax info, bank details, etc.).

Q64. Why is vendor master data important?
👉 Correct data avoids wrong payments, fraud, and delays.

Q65. What is segregation of duties in AP?
👉 Splitting tasks so that no single person controls the whole process (example: one enters invoice, another approves, another processes payment).

Q66. What is an AP audit?
👉 A review of the AP process to check if invoices, approvals, and payments are correct and follow rules.

Q67. What is cut-off in AP?
👉 Making sure expenses are recorded in the correct accounting period (not before or after).

Q68. What is an unmatched invoice?
👉 An invoice that does not match with PO or GRN. It needs investigation before payment.

Q69. What is expense reimbursement?
👉 Paying back employees for their office-related expenses (like travel, food, or client meetings).

Q70. What is an AP sub-ledger?
👉 A detailed record of all vendor transactions. It connects to the General Ledger but gives more details.

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✅ This was Part 6 of my Accounts Payable Q&A series.
💬 Which one do you find the most useful?

Accounting is the Language of Business

📌 Accounts Payable Q&A – Part 5 (Q51 to Q60)
Download the pdf for free:- https://shorturl.at/uw4TU
Q51. What is 3-way matching?
👉 It means matching PO (Purchase Order) + GRN (Goods Receipt Note) + Invoice before payment. This avoids wrong payments.

Q52. What is 2-way matching?
👉 It means matching only PO + Invoice. Mostly used where GRN is not needed.

Q53. What is aging analysis?
👉 A report that shows unpaid invoices grouped by how long they are pending (0–30 days, 31–60 days, etc.).

Q54. What is a payment term?
👉 The agreed time to pay a vendor (like 30 days, 45 days, or 60 days).

Q55. What is advance payment?
👉 Paying part or full amount to a vendor before receiving goods or services.

Q56. What is withholding tax?
👉 A small part of payment that the company cuts and pays to the government on behalf of the vendor.

Q57. What is AP aging report used for?
👉 It helps track which invoices are due, overdue, or still pending — so payments can be planned better.

Q58. What is invoice approval workflow?
👉 A step-by-step process where an invoice is reviewed and approved before payment.

Q59. What is petty cash?
👉 A small amount of cash kept in the office for daily small expenses like courier, snacks, or stationery.

Q60. What are AP internal controls?
👉 Rules and checks (like approvals, segregation of duties, system controls) to avoid fraud and errors in payments.

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✅ This was Part 5 of my Accounts Payable Q&A series.
💬 Which question do you want me to cover in the next part?

Accounting is the Language of Business

📌 Accounts Payable Q&A – Part 4 (Q41 to Q50)
Download the pdf for free:- https://shorturl.at/uw4TU
Q41. What is a debit note?
👉 A debit note is sent by a buyer to a supplier when goods are returned or services are not as expected. It reduces the amount payable.

Q42. What is a credit note?
👉 A credit note is issued by the supplier to confirm they have reduced the amount in the buyer’s account.

Q43. What is a recurring invoice?
👉 It is an invoice that comes again and again on a fixed schedule (like rent, subscription, or monthly services).

Q44. What is an accrual?
👉 An accrual is recording an expense even if the bill has not yet arrived. It makes sure the cost is matched to the right period.

Q45. What is vendor reconciliation?
👉 It means checking our books with the vendor’s statement to ensure both show the same balance.

Q46. What is duplicate payment?
👉 Paying the same invoice twice by mistake. Strong checks are needed to avoid this.

Q47. What is a payment run?
👉 A batch process where many invoices are paid together on a scheduled date.

Q48. What is GRN (Goods Receipt Note)?
👉 A GRN is proof that the goods we ordered have been received. It helps match with the invoice.

Q49. What is TDS (Tax Deducted at Source)?
👉 A part of the payment that we cut for tax purposes before paying the vendor, and then deposit to the government.

Q50. Why is communication important in Accounts Payable?
👉 Clear communication with vendors and internal teams avoids delays, errors, and builds trust.

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✅ This was Part 4 of our Accounts Payable Q&A series.
💬 Which question do you find most useful?

Accounting is the Language of Business

🔹 Accounts Payable Q&A – Part 3 (31–40)
Download the pdf for free:- https://shorturl.at/uw4TU

Q31. What is the difference between Accounts Payable and Accounts Receivable?
👉 AP = Money we need to pay
👉 AR = Money we will receive

Q32. What is a 3-way match in AP?
👉 Checking PO + GRN + Invoice before making payment.

Q33. What happens if an invoice is missing PO number?
👉 Invoice gets stuck. Vendor is asked to add PO.

Q34. What is duplicate invoice?
👉 Same invoice entered more than once → leads to double payment.

Q35. How to avoid duplicate payment?
👉 Check invoice number/date, use ERP controls, don’t process twice.

Q36. What is advance payment to vendor?
👉 Payment made before goods/services are delivered. Adjusted later.

Q37. What are debit notes?
👉 Sent to vendor if goods are short/damaged or company overcharged.

Q38. What are credit notes?
👉 Issued by vendor to company to reduce payment (discount/return).

Q39. Invoice Date vs Posting Date?
👉 Invoice Date = Written on vendor bill
👉 Posting Date = When invoice is entered in system

Q40. Important skills in Accounts Payable?
👉 Excel, ERP knowledge, detail checking, communication, time management.

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Accounting is the Language of Business

Here are some key disadvantages of MSMEs (Micro, Small & Medium Enterprises):

1.Limited Access to Finance – Banks and financial institutions are often hesitant to lend due to lack of collateral and financial history.

2.Credit Constraints – High interest rates and difficulty in getting working capital loans.

3.Regulatory Hurdles – Complex compliance requirements, taxation, and frequent policy changes.

4.Technology Gap – Many MSMEs use outdated technology, reducing productivity and competitiveness.

5.Skilled Manpower Shortage – Difficulty in hiring and retaining skilled employees.

6.Limited Market Reach – Restricted to local or regional markets due to lack of marketing resources.

7.Low Economies of Scale – Smaller size leads to higher production cost per unit.

8.Delayed Payments – Big companies often delay payments, creating cash flow problems.

9.Vulnerability to Competition – Tough competition from large corporates and imported goods.

10.Limited Growth Opportunities – Lack of innovation and R&D investment hampers expansion.

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Benefits of MSME (Udyam Registration):

✔ Easy bank loans & low interest rates
✔ Collateral-free loans
✔ Government subsidies & support for technology upgradation
✔ Preference in government tenders
✔ Protection against delayed payments
✔ Tax rebates & reduced compliances
✔ Export benefits & training programs

👉 In short: MSME registration = Loans + Subsidies + Govt. Preference + Growth Support 🚀

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📊 Mastering Financial Ratios 📊
Download the pdf for free:- https://shorturl.at/v3zHf
Financial ratios are the language of business performance. They help analysts, investors, and managers cut through the numbers to see how a company is really doing.

This PDF is a complete guide, covering:
🔹 Profitability ratios – ROE, ROA, ROCE, margins
🔹 Leverage ratios – debt-to-equity, equity ratio, debt ratio
🔹 Efficiency ratios – asset turnover, AR & inventory turnover
🔹 Liquidity ratios – current, quick, cash ratio, defensive interval
🔹 Valuation multiples – P/E, EV/EBITDA, EV/Revenue

💡 A practical reference for finance professionals and students who want to sharpen their analysis skills and benchmark performance across companies.

Which type of ratio do you rely on most when evaluating a company — profitability, liquidity, or valuation multiples?

Master Excel Formulas – Beginner to Analyst
Download the pdf for free:- https://shorturl.at/WBgfu

I’ve put together a complete beginner-friendly PDF that explains 30+ essential Excel formulas every analyst should know.

-> What’s inside:

Basics you’ll use daily (SUM, AVERAGE, COUNT, …)

Cleaning & Text functions (TRIM, PROPER, LEN, …)

Analysis functions (IF, VLOOKUP, INDEX+MATCH, XLOOKUP, …)

Dates & Time handling (TODAY, NETWORKDAYS, DATEDIF, …)

Power moves (FILTER, SEQUENCE, LAMBDA, …)

Each formula is explained with:

What it is

Syntax

Example Table

Formula with Example

Output (clear for beginners)

This guide is designed so that anyone starting Excel can follow step by step and analysts can keep it as a quick reference.

Whether you’re preparing for your first data job, building dashboards, or analyzing business reports, these formulas will save you hours!

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Complete EXCEL Formulas Guide • 18 pages

📌 Accounts Payable Q&A – Part 2
Download the pdf for free:- https://shorturl.at/uw4TU

21. Q: What is a Purchase Order (PO)?

👉 A document sent to a vendor that confirms what we want to buy, how much, and at what price.

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22. Q: Why is a PO important?

👉 It avoids confusion. Both buyer and seller agree on the details before the goods/services are delivered.

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23. Q: What is a 3-way match in AP?

👉 It means checking three things:
1️⃣ Purchase Order (PO)
2️⃣ Goods Receipt (proof of delivery)
3️⃣ Invoice
✅ If all match → payment is made.

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24. Q: What happens if the 3-way match fails?

👉 Payment is put on hold until the issue is solved (like wrong price, wrong quantity, or missing goods).

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25. Q: What is an advance payment?

👉 Sometimes companies pay vendors before getting the goods/services. This is called an advance payment.

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26. Q: What is a debit note?

👉 A note we send to a vendor if we return goods or if they charged us extra.

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27. Q: What is a credit note?

👉 A note vendors give us when they reduce our payable amount (maybe because of returned goods or discount).

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28. Q: Why is vendor reconciliation important?

👉 To make sure our records match with the vendor’s records so that no invoice is missed or duplicated.

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29. Q: What is duplicate payment in AP?

👉 When the same invoice is paid twice by mistake. This is a big risk in AP.

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30. Q: How can we avoid duplicate payments?

👉 By using automation, strong controls, and checking invoice numbers carefully.

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Accounting is the Language of Business

📝 GSTR-3B Changes (Effective 1 Oct 2025)

Enroll Now :- https://aktrainings2025.systeme.io/gst-course

1. Input Tax Credit (ITC) – No More Auto Population

ITC will not auto-populate in GSTR-3B from GSTR-2B.

You must accept/reject invoices in IMS (Invoice Management System) → only “accepted” invoices flow to GSTR-2B → claimable in GSTR-3B.

👉 Action: Check IMS every month before filing.

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2. Credit Notes & Output Tax Liability

Supplier cannot reduce output tax liability in GSTR-3B just by issuing a credit note.

Reduction allowed only if recipient has reversed ITC related to that note.

👉 Action: Coordinate with customers to ensure ITC reversal before adjusting liability.

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3. Non-Editable Auto-Populated Fields

Some outward supply data (like Table 3.2 – interstate supplies to URP, composition dealers, UINs) will be locked / non-editable.

Corrections must be done in GSTR-1 / GSTR-1A before filing.

👉 Action: File accurate GSTR-1; no last-minute changes possible in 3B.

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4. Time Bar on Filing

Any GSTR-3B older than 3 years from due date cannot be filed.

👉 Action: Clear pending returns now (before Oct 25 cut-off).

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5. New Rule 67B (Credit Note Adjustments)

Prescribes procedure for supplier’s liability reduction via credit notes.

Aligns supplier liability with recipient’s ITC reversal.

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6. System & Compliance Changes

Track & Trace mechanism introduced for some goods → non-compliance attracts heavy penalty (higher of ₹1,00,000 or 10% of tax).

ISD (Input Service Distributor) now also covers inter-state RCM services.

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✅ Your Monthly Checklist (Post Oct 2025):

1. Reconcile all invoices in IMS (accept/reject).

2. File accurate GSTR-1 → data flows to GSTR-3B.

3. Confirm ITC reversal with customers before adjusting credit notes.

4. File on time – no option after 3 years.

5. Keep eye on Track & Trace compliance if your goods fall under it.