Stepwise Account Finalization करना सीखें | Adjustment Entries के साथ पूरा Process Explained | Part-2

#cakavita #cakavitadhingra Link of #Part-1    • Stepwise Account Finalization करना सीखें |...   Are you ready to master the complete process of Book Finalization with Adjustment Entries? In this video, we’ll walk you through a step-by-step practical checklist of 15 essential steps every accountant, CA student, or business owner must follow before finalizing books of accounts for the financial year. This isn’t just theory — this is the real-world process used by professionals to ensure accuracy, compliance, and audit readiness. 🔍 What You’ll Learn in This Video: ✅ Opening Balances – How to start with accurate carry-forward figures from last year. ✅ GST Reconciliation – Match books with GSTR-2B, handle RCM, and reverse mismatched credits. ✅ TDS & TCS Compliance – Ensure deductions are made on contractors, rent, professional fees, interest, and more. ✅ Expense Verification – Check for outstanding and prepaid entries, cash expenses above limits, and disallowed expenses. ✅ Cash Payment Limits – Avoid penalties by staying within Section 40A(3) and 269ST restrictions. ✅ Fixed Assets & Depreciation – Capitalize properly, compute depreciation as per Companies Act and Income Tax Act. ✅ Related Party Transactions – Disclose dealings with directors, partners, and other related entities. ✅ Statutory Compliance – Verify PF, ESI, MSME, and other statutory dues before closing books. ✅ Ledger Scrutiny & Confirmations – Reconcile balances with parties, vendors, loans, advances, etc. ✅ Financial Ratios & Comparisons – Analyze Gross Profit Ratio, Net Profit Ratio, and other key metrics. ✅ Proper Documentation – Keep board resolutions, provisions, and journal narrations well-organized. ✅ Blocked ITC Check (Sec 17(5)) – Identify ineligible ITC like on motor vehicles, club memberships, and reverse with interest. ✅ Year-End Adjustments – Pass all necessary adjustment entries like accruals, prepaids, deferred revenues. ✅ Bank & Loan Reconciliation – Match bank statements, confirm loan balances, and reflect them in financials. 🌐 Follow us on Social Media: Facebook:- https://www.facebook.com/CAKAVITADHIN... Instagram:- https://instagram.com/cakavitadhingra... Whatsapp:- https://whatsapp.com/channel/0029Va9v... Youtube:-    / @cakavita9852   This session will guide you in below topics account final tally account final tally data entry account final tally download account final tally details account final tally full Stepwise Account Finalization account final tally gst account final tally journal entry account final tally live account final tally of voucher account final tally prime account final tally video account final tally work account final tally youtube Stepwise Account Finalization करना सीखें Account Adjustment Entry account final tally 2022 account final tally account final tally about gst account final tally without pan card Stepwise Account Finalization करना सीखें with Adjustment Entry account final tally without gst ✅ Final Checks – File ITR, match cash balances, confirm TCS on sales, and wrap up the year error-free. 📌 This video is perfect for: Chartered Accountancy Students Accountants & Bookkeepers Business Owners & Entrepreneurs Anyone preparing for audits or final reporting 🔔 Don’t forget to Subscribe for more practical content on accounting, taxation, and business compliance.