Trading Ledger Management
Maintain and update supplier trading ledgers accurately.
Verify purchase invoices, debit note and credit notes.
Reconcile supplier statements with company records.
Monitor outstanding balances and resolve discrepancies.
Ensure timely settlement of supplier payments.
Coordinate with the Purchase Department for invoice verification and approvals.
Trading Payments
Process supplier payments through NEFT, RTGS, IMPS, or Cheque.
Prepare payment schedules based on due dates and management approvals.
Verify supporting documents before processing payments.
Maintain payment registers and transaction records.
Ensure accurate accounting entries for all supplier payments.
Non-Trading Payments
Process payments for rent, electricity, telephone, internet, maintenance, security services, transport, insurance, AMC, qualified fees, consultancy charges and other administrative expenses.
Verify invoices with the respective departments before payment.
Ensure TDS deductions and statutory compliance wherever applicable.
Maintain recurring payment schedules and records.