Inventory Management concept of LIFO FIFO method Company works under RTGS and

Inventory management concept of lifo fifo method

This preview shows page 6 - 12 out of 12 pages.

Inventory Management, concept of LIFO & FIFO method Company works under RTGS and Letter of Credit for payment to their abroad creditors/suppliers Preparing the Stock Report, Sales Report/Forecast, Purchase Forecast Preparations of Documents for VAT return Filings
Image of page 6
Contd… Management of Funds for Loan and LC funds Settlement Ensure Proper Utilization of Loan facilities available with the company Ensure timely payment to the suppliers with coordination of banks
Image of page 7
Outcome of the Internship Helped me apply my Theoretical Knowledge to practical practice of business Understood the process of accounting through LC and methods of handling Inventory Understood the documents required for Loan Renewal In depth knowledge about working procedure under Letter of Credit & RTGS
Image of page 8
Contd… Understanding the uses and application of various Business Loans such as Margin Money, TR Loan, Demand Loan & etc. Having in-depth knowledge about Costing of Imported Products Knowing the Importance of different reports such as Ageing Report, Stock Report
Image of page 9
My views on Workplace No regulation for employees being late to the office Strict action against taking leave without informing Colleagues very kind and cooperative with teaching in depth about any problems encountered Tasks were delayed because of no proper deadline and instruction to the employees
Image of page 10
Image of page 11
Conclusion Able to develop myself to adopt in the professional world of business With the support of my all the supervisors and colleagues was able to grow and enhance my ability
Image of page 12

You've reached the end of your free preview.

Want to read all 12 pages?

  • Fall '16
  • abc
  • FIFO and LIFO accounting, Tristar Impex, LC Managemnet

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes