Inventory Clerk - LSC / Q2108
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Objective: To train the students on Stores Accounting, Sales Accounting and Asset Accounting enable them to gain skills in these areas.
Study Note: 1 Stores Accounting (Inventories)
Meaning – Inventory Valuation – Basic of Inventory Valuation – Techniques of Inventory Valuation – Inventory Record Systems – Inventories Taking.
Study Note: 2 Sales Accounting
Recognize revenue items at the proper time on the income statement – Account for cash and credit sales – Compute and Interpret sales returns and allowances, Sales discount and Bank credit card sales – Manage Cash and its importance to the company – Estimate and Interpret uncollectible accounts receivable balance – Assess the level of accounts receivable – Develop and explain internal control procedures.
Study Note: 3 Assets Accounting
Meaning of Asset accounting – Current asset Accounting – Fixed assets accounting – Project accounting.
Study Note: 4 Accounting for special Transactions
Sale of goods on approval or return basis.
Study Note: 5 Records Maintenance
Syllabus will add soon…..
Study Note: 6 O2C (Order to Cash)
Introduction – Accounts receivable – O2C operations – Commercial and Accounting transactions in the O2C cycle.
Study Note: 7 P2P (Procure to Pay)
Introduction – Outsourcing of P2P – Maintenance of documents – Procurement activities – Accounting entries for P2P process.
Study Note: 8 Practical & Assignment (100 Hrs)
MS Office – MS Excel – Speed in Typewriting 25 WPM.
FEE DETAILS
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Sl.No |
Course NSQF Code |
Course |
Session (3 Hrs) |
Assignment & Practical |
FEE Details Maximum inclusive of Tax |
Course Total fee |
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TNASDCL |
AAC |
CENTRE |
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1 |
LSC/Q2108 |
Inventory Clerk |
40 |
100 Hrs |
1,000 |
5,000 |
6,000 |
12,000 |