Accounts Executive

Accounts Executive

ACCOUNTS RECEIVABLE

- Understanding billing requirements from Customer contract

- creation of billing framework like BBU, Billing formats in SAP, Application for payments

- Raising bills in SAP

- Preparation of billing sets as per Customer requirement

- preparation of Receivable database, maintenance of billing scan documents

 - submission of billing documents to customer

- Raising MRC bills, GST bills, Transportation bills, High Sea sales invoices, mandatory spares bills, Civil RA Bills, Erection and Commissioning RA Bills

- Calculation and approval of Price variation as applicable

- Co-ordination with Customer to settle discrepancies and approve our bills for payment

- LTECLS invoicing to NTPC with same procedure

- Recording and updating all invoicing and receipts and calculation of outstanding, overdue etc.

- Audit requirements like customer outstanding details, aging, revaluation of Forex closing balances.

TAXES - GST/IT/Oth

- Proper entries regarding GST Output credit on customer billing

- Monthly GST liability after taking into account GST Input credit

- monthly GST Returns GSTR1A and GSTR3B

- GST Annual Return GSTR 9 & 9C

- Income tax TDS requirements like 194C, 194J, 194Q

- BOCW Cess requirements, calculation and deposit.