Fi Users routine activities

[Former Member]

Dear All ,

Pl list out the routine activities need to be carried out by FI Core / End users.?

Regards

[Former Member]

Hi,

Following activities are carried out by FI End-users:

1. Incoming Payment and receipt

2. Imported RM/PM Material, Stores & Other Bill Passing

3. Acquisition of Assets

4. Indigenous RM/PM Material, Stores & other Bill Passing

5. Excise Duty Process

6. Settlement of AUC/ CWIP

7. Bank Reconciliation

8. Sales Tax Payment

9. VAT Accounting

10. Transportation Bill Passing Sales

11. Service Tax on Goods Transportation Agency (GTA)

12. Transportation Bill Passing - Raw Material

13. Service Tax on Services/Cenvat on Service Tax Accounting

14. Sales Accounting Domestic

15. Journal Voucher

16. Closing Activitiesu2014OTHERS

17. Accounting through finance bill passing

18. Asset Scrapping/Discarding of Fixed Assets

19. Sale of Assets

20. Cash Payments

21. Cash Receipts

22. Salary and Wages Accounting

23. Service Entry Sheet

24. Purchase / Expense Debit Note

25. Purchase / Expense Credit Note

26. Asset Masters

27. Bank Master Data

28. GL Account Masters Creation

29. FI Vendor (Employee/ others) Master Data

30. Sales Credit/ Debit Note Accounting/Commission

31. Foreign Currency Revaluation

32. Asset Depreciation

33. Asset transfer

34. Incoming Payments and Receipts from customers & Vendors

35. Payment to vendors (Employee, Expenses, Purchase, Capital, Transporter) & Statutory authorities & Customer

36. Outgoing Payment -- Advance

37. Profit & Loss Statement & Balance Sheet

38. Closing Activitiesu2014Asset

39. Customer Credit Control Master

Regards,

Jigar