Welcome to AJM Accounting
AJM Accounting is a training center that provides practical accounting education. They offer training in TallyPrime, focusing on VAT, inventory, and account management. Students also learn Xero, a cloud-based software for online invoicing and expense tracking. QuickBooks training is provided to manage small business finances and generate reports. AJM Accounting helps learners build real-world skills for accounting jobs locally and abroad.
What is Accounting?
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business or organization. It helps in tracking income, expenses, assets, and liabilities to ensure financial accuracy and compliance with regulations.
Key Functions of Accounting:
- Recording Transactions – Keeping track of all financial transactions in a systematic manner.
- Classifying and Summarizing – Organizing financial data into meaningful categories and preparing financial statements.
- Analyzing Financial Data – Evaluating financial performance through reports like balance sheets, income statements, and cash flow statements.
- Financial Reporting – Providing financial information to stakeholders like investors, management, and regulatory authorities.
- Taxation and Compliance – Ensuring that the organization follows tax laws and financial regulations.
Why Accounting is Necessary for a Business?
Financial Tracking & Decision Making – Helps businesses monitor income, expenses, and profits, enabling informed financial decisions.
Legal & Tax Compliance – Ensures accurate tax calculations and compliance with financial regulations, avoiding penalties.
Budgeting & Planning – Aids in setting financial goals, allocating resources, and planning for future growth.
Investor & Stakeholder Confidence – Provides transparency and reliable financial data, which attracts investors and lenders.
Fraud Prevention & Internal Control – Helps detect errors, fraud, and mismanagement, ensuring financial security.
Top Course
FQA
Who should take accounting training?
Students pursuing commerce or finance
Job seekers aiming for accountant roles
Entrepreneurs managing their own books
Professionals upgrading their skills
What topics are covered in accounting training?
Typical topics include:
Basics of accounting (debits, credits, ledgers)
Journal entries
Trial balance & final accounts
Bank reconciliation
VAT, TDS, and tax filing
What are the benefits of accounting training?
Improved job opportunities
Better financial understanding
Confidence in handling business finances
Do I need any background in accounting to join the training?
No. Many training courses start with the basics and gradually move to advanced topics. However, a commerce background is helpful.
Can I get a job after completing accounting training?
Yes, many trainees secure jobs as:
Junior Accountant
Accounts Assistant
Bookkeeper
Tax Assistant