The candidate will record all regular business transactions in the accounting system, such as:
- Sales entries
- Purchase entries
- Cash receipts and payments
- Bank transactions
- Expenses
- Journal entries
- Credit and debit transactions
The candidate must ensure that every transaction is entered correctly and supported by proper bills or documents.
2. Handle Purchase and Sales Invoices
The accountant will:
- Enter purchase invoices into Tally.
- Prepare and record sales invoices.
- Check invoice details such as GST, quantity, amount, and customer/vendor information.
- Maintain proper records of invoices.
- Check for duplicate or incorrect invoices.
3. Handle Receipts and Payments
The candidate will record money received from customers and payments made to vendors or other parties.
For example:
- Customer pays ₹50,000 → record the receipt.
- Company pays a supplier ₹25,000 → record the payment.
The accountant should maintain proper cash and bank records.
4. Maintain Ledgers
A ledger contains all transactions related to a particular customer, supplier, expense, bank account, etc.
The accountant will:
- Create and maintain ledger accounts in Tally.
- Check outstanding customer balances.
- Check supplier outstanding balances.
- Identify differences or incorrect entries.
- Keep ledger balances accurate.
5. Bank Reconciliation
The accountant will compare the company's bank statement with the transactions recorded in Tally.
They need to identify:
- Missing bank entries
- Bank charges
- Cheques issued but not cleared
- Amounts received but not yet reflected
- Any mismatch between Tally and the bank statement
The objective is to ensure that the bank balance in the books matches the actual bank position.
6. GST and Tax-Related Accounting Support
The candidate should have basic knowledge of GST-related accounting.
Responsibilities may include:
- Recording GST correctly in purchase and sales invo