Objective: Understand the core principles of accounting and how modern technology, like cloud accounting, is transforming the way businesses manage finances.

• Constitution of Firms: Proprietorship, Partnership, LLP, Pvt Ltd / types of industries (trading, services, manufacturing/ngo)
• Fundamental Accounting Principles / Role of Accounting in Business Operations
• Glossary of Basic Terms

• Manual Records vs. Real-Time Digital Entries
• Automation vs. Human Error
• Workflow Efficiency, Access, and Audit Trails

• What is Cloud Accounting?
• Cloud vs Offline + Hybrid Systems
• Benefits: Security, Accessibility, Scalability
• Case Study: AlignBooks Platform Overview

Activity: Quiz

Objective: Learn how to set up and navigate AlignBooks, configure company settings, and understand initial customization.

• Account Creation, Dashboard Tour
• Navigating Modules & Interface
• Setting User Roles, Permissions & Hierarchies

• Company Details: Name, FY, Currency
• Module Activation: Sales, Purchase, Inventory, Finance
• Branding: Logo, Address
• Key Masters Record: Location, Warehouse, Tax Code Master, Miscellaneous Master

Activity: 🏢 Create your own company setup using a simulation

Quiz: ✅ Test your knowledge of company setup & configuration

Objective: Learn how to create and manage core masters for smooth business operations.

• Set up business locations and warehouses for smooth operations.
• Configure tax codes for accurate compliance.
• Manage miscellaneous masters to support daily transactions.
• Build foundational records for effective accounting and ERP use.

B. Business Operations Masters

• Chart of Accounts & Ledger Creation
• Customer/Vendor Master Records (Personal details, Statutory, Communication, Social Profile)
• Inventory Masters (Group, Brand, Categories & Classification)

Activities: 🧩 Create master data for a sample business

Quiz: ✅ Test your knowledge of core master creation

Objective: Learn how to record and manage opening balances for customers, vendors, financial accounts, etc, in AlignBooks.

• Customer/Vendor Opening Balance
• Financial Opening (Cash, Bank)
• Inventory Opening (Stock, Barcode, Fixed Assets)
• Employee Opening Leaves / Point of Sale Customer Opening

Activities: 🧩 Add master's opening data

Quiz: ✅ Test your knowledge of recording opening balances

Objective: Learn to manage purchases—from requisitions to payment—with tools for automation and performance tracking.

• Purchase Request (PR)
• Purchase Order (PO)
• Goods Receipt Note (GRN)
• Invoice (Types and classification of invoices, Add Invoice)

• Purchase Return (Importance, Need, Issue Challan - Invoice)
• Purchase Debit/Credit Note

• Payment Voucher (Meaning, Use)
• Case Study (Manual system vs AlignBooks)
• Auto and Manual process of Payment Voucher in AlignBooks

Activity: 🧾 Simulate purchase flow from requisition to payment

Quiz: ✅ Test your knowledge of purchase workflow

Objective: Understand and manage the entire sales lifecycle in AlignBooks, including customer tools and automation.

• Estimates/Quotation, Orders
• Delivery/Dispatch Challans
• Invoicing
• Sales Returns, Credit/Debit Notes
• Customer Payment Entries

Activity: 🧾 Create complete sales flow simulation: Quotation → Invoice → Payment

Quiz: ✅ Test your knowledge of the sales workflow

Objective: Efficiently track, move, and value inventory, including production-ready stock flows.

• Inventory Master (Types, Creation, Bundling)
• Download Pre-Configured Items in AlignBooks
• Pick And Pack (Difference between Bundle & Pick And Pack)
• Material Issues/Receipts
• Stock Adjustment

Activity: 📦 Create all types of items and load in invoices, apply Bundle & Pick and Pack

Quiz: ✅ Test your knowledge of inventory setup and operations

Objective: Handle bank operations, receipts, fund transfers, and Bank Instruments.

• Chart of Accounts
• Receipts, Payments
• Transfer Journal, Reversal Journal, Journal Voucher, Expense Journals
• Post-Dated Cheque Issue, Post-Dated Cheque Receipt
• Cheque Printing

Activity: 🏦 Create Voucher entries; PDC Management (Issue & Adjustment of pending PDC’s)

Quiz: ✅ Test your knowledge of bank operations

Objective: Use AlignBooks reports for insights into performance, compliance, and planning.

• Business Reports (Meaning, Need, and Impact)
• Customer, Vendor, and Stock Trial
• Standard Financial Reports (Profit & Loss A/c, Balance Sheet, Trial Balance, etc.)

Activity: 📊 Based on the data entry, check reports and analyze the impact of voucher posting

Quiz: ✅ Test your understanding of AlignBooks reports

Objective: Learn how to close and ensure accurate year-end processing and smooth transition into the next accounting cycle.

• Lock Accounting Period
• Close Accounting Period
• New Year Creation (AlignBooks Smooth Accounting Closure)

Activity: 🔒 Lock period and close the accounting year

Quiz: ✅ Test your knowledge of year-end closing