Sales and Purchase Management:
Recording all sales and purchase transactions accurately in accounting software like Tally or ERP systems.
Generating sales invoices and processing purchase orders.
Managing accounts payable (debts to vendors) and accounts receivable (money owed by customers), including timely follow-ups for payments.
Negotiating terms and pricing with suppliers for cost-effective procurement.
Stock and Inventory Maintenance:
Maintaining accurate records of inward and outward material movement.
Tracking inventory levels and performing regular stock audits.
Preparing Goods Receipt Notes (GRN) and issue slips.
Highlighting slow-moving or obsolete stock to management for action.
General Accounting and Compliance:
Maintaining general ledgers, cash books, and bank books.
Performing bank and vendor reconciliations to ensure accuracy of financial records.
Assisting with Goods and Services Tax (GST) filing, TDS compliance, and other statutory requirements.
Preparing Management Information System (MIS) reports on purchase status, stock, and consumption trends.