INTERNSHIP REPORT ACCOUNTING FOR CASH AND RECEIVABLES AT VIET NHAT ALUMINUM AND GLASS CONSTRUCTION CO ,LTD

TON DUC THANG UNIVERSITY FACULTY OF ACCOUNTING INTERNSHIP REPORT ACCOUNTING FOR CASH AND RECEIVABLES AT VIET NHAT ALUMINUM AND GLASS CONSTRUCTION CO.,LTD LECTURER: MS LE THI MY HANH MR NGUYEN TAN DAT STUDENT: TRAN THI VAN ANH ID STUDENT NO : 21606011 CLASS: 16020111 HO CHI MINH CITY, JANUARY 2022 TON DUC THANG UNIVERSITY FACULTY OF ACCOUNTING INTERNSHIP REPORT ACCOUNTING FOR CASH AND RECEIVABLES AT VIET NHAT ALUMINUM AND GLASS CONSTRUCTION CO.,LTD LECTURER: MS LE THI MY HANH MR NGUYEN TAN DAT STUDENT: TRAN THI VAN ANH ID STUDENT NO : 21606011 CLASS: 16020111 HO CHI MINH CITY, JANUARY 2022 LECTURER'S COMMENTS Student: Tran Thi Van Anh Student ID: 21606011 Class: 16020111 Lecturer: Ms Le Thi My Hanh and Mr Nguyen Tan Dat Content of Assessments: ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… ……………………………………………………………………………………………… PHIẾU CHẤM ĐIỂM BÁO CÁO TẬP SỰ NGHỀ NGHIỆP NGÀNH KẾ TOÁN- HỆ CHẤT LƯỢNG CAO SVTH: TRẦN THỊ VÂN ANH MSSV: 21606011 Lớp: 16020111 GVHD: Cô LÊ THỊ MỸ HẠNH & Thầy NGUYỄN TẤN ĐẠT GVPB:……………………………………………………………………………………… Phần ( Điểm đánh giá DN) (3,0 điểm) STT Nội dung Yêu cầu Điểm đánh giá DN tiếp Dựa vào điểm đánh giá nhận SV phiếu chấm điểm DN Tổng điểm Điểm tối đa Điểm chấm DN Điểm quy đổi (30%) 3,0 …………… …………… 3,0 …………… …………… 2- Phần (do BP phụ trách & giáo vụ Khoa chấm) (1,0 điểm) ST T 2.1 2.2 Nội dung Điểm tối đa Yêu cầu Tác phong TSNN Tham gia đầy đủ buổi định hướng Khoa Tuân thủ quy định Nộp phiếu đăng ký đề tài Nhật ký TSNN, Khoa Báo cáo TSNN theo quy định hình thức thời gian Tổng điểm Điểm chấm 0,5 0,5 1,0 …………… 3- Phần (do GVPB + GVHD chấm) (6,0 điểm) STT 3.1 3.2 Nội dung Hình thức trình bày (0,5) Tác phong, tuân thủ hướng dẫn (0,5) Yêu cầu - Tuân thủ quy định yêu cầu Khoa GVHD kết cấu chung BCTSNN - Trình bày rõ ràng, đẹp mắt, khơng có lỗi tả - Gặp GVHD đầy đủ, chuyên cần, chịu khó, ham học hỏi & thực theo hướng dẫn GVHD - Chủ động, tự giác có suy nghĩ độc lập, sáng tạo phù hợp với yêu cầu BCTSNN Tác phong chuyên nghiệp (Trang phục, giấc) 3.3 Chapter 1: Overview of previous - SV đưa nhìn khái quát reports (0,5) báo cáo trước, Điểm tối đa Điểm chấm GVHD GVPB GVHD GVPB 0,25 0,25 0,25 0,25 0,25 0,25 0,5 3.4 Chapter 2: Introduction of an organization (0,5) - General introduction - Organizational structure - Products/ service offering - Vision for the future (optional) 3.5 điểm liên quan đến báo cáo thực tập (liên quan đến đề tài văn phong viết báo cáo thực tập theo chuẩn quốc tế, v.v) - SV có trích dẫn đầy đủ tên tác giả, đề tài báo cáo, năm thực - SV sử dụng ngơn từ để thể ý tưởng nghiên cứu trước - Tuân thủ theo đề cương chung khoa - Trình bày đầy đủ, ý tứ mạch lạc, rõ ràng 0,5 0,25 0,25 Chapter 3: Internship procedure (3,5) 3.1 Internship activities (1,0) - Trong mục SV cần trình bày sơ lược điều kiện làm việc chức 0.25 công việc phòng ban SV thực tập - Liệt kê tất công việc giao thời gian thực tập, sau 0.5 giải thích chi tiết tính chất cơng việc (cơng việc hành chính, cơng việc liên quan đến chuyên ngành) - SV đưa nhận xét hiệu hồn thành cơng việc giao Từ 0.25 tổng kết kinh nghiệm, kỹ đạt thời gian thực tập 3.2 Actual Accounting/ Auditing procedure (2,0) 3.3 Conclusion (0,5) - Tuân thủ mục theo đề cương chi tiết GVGS với nội dung trình bày theo đề cương cách đầy đủ, rõ 1,0 ràng, minh họa cụ thể chứng từ, ý tứ mạch lạc - Có nội dung bổ sung khác hay phù hợp với mục tiêu chương 1,0 đơn vị tập nghề nghiệp Đồng thời thể kiến thức chuyên môn nhận thức thực tế tốt - SV tổng kết lại ý kiến trọng yếu trình báo cáo 0.5 thực tập SV có đưa ý kiến đánh giá thời gian thực tập 3.6 Phụ lục (0,5) Minh họa chứng từ đầy đủ, sinh động nội dung có liên quan đề tài 3.7 Kiểm tra nội dung BCTSNN Nội dung báo cáo đạt yêu cầu quy định 0,5 1,0 3.8 3.9 3.10 Kiểm tra kiến thức lý thuyết liên Nắm vững kiến thức lý thuyết chuyên quan đến đề tài môn liên quan đến đề tài Kiểm tra kiến thức/nhận thức Nắm vững nội dung đề tài trình bày BCTSNN, thực trạng công tác kế thực tế liên quan đến đề tài toán/ kiểm toán DN Khả sử dụng tiếng Anh để Trả lời lưu loát, tự tin, chuyên nghiệp trả lời câu hỏi phản biện SV tiếng Anh Tổng điểm phần 1,0 1,0 2,0 6,0 6,0 Lưu ý: - Điểm tổng cộng = Điểm phần + Điểm phần + Điểm phần + Điểm thưởng (trong đó: Điểm phần 3=(GVHD+GVPB)/2) - Điểm tổng cộng ghi nhận sau có điểm phản biện điểm thưởng sau buổi phản biện ĐIỂM TỔNG CỘNG: ……………… BẰNG CHỮ: ……… ……………………… GVHD Ngày … Tháng … năm … GVPB LIST OF DIAGRAMS Numerical Name of diagram No Organizational structure of Viet Nhat Aluminum Glass order Diagrams 2.1 Construction Co., Ltd Diagrams 2.2 Sales process of Viet Nhat Aluminum Glass Construction Co., Ltd Diagrams 3.1 Process of rotating accounting vouchers to increase cash 15 Diagrams 3.2 Diagram of cash payment vouchers 22 Diagrams 3.3 Flow chart of deposit receipts 25 Diagrams 3.4 Diagram of circulation of deposit payment documents 30 LIST OF TABLES Numerial Name of Tables No Table 3.1 General diary 18 Table 3.2 Ledger account 111 19 Table 3.3 Ledger Account 111 24 Table 3.4 Ledger Account 112 27 Table 3.5 Ledger Account 112 34 Table 3.6 Ledger Account 131 38 order LIST OF PICTURES Numerial order Name of picture No Picture 2.1 Logo of Viet Nhat Aluminum Glass Construction Co., Ltd Picture 2.2 Construction of aluminum and glass facades at Xuyen A Hospital Picture 2.3 Construction of automatic doors Picture 3.1 WPRO aluminum and glass material management software 10 PREFACE It can be said that, in order to evaluate the prosperity of an enterprise, in addition to the income statement, accounting for capital in cash and receivables plays an equally important role because it is a process associated with the business existence Cash capital is a type of business asset with the highest liquidity Currently, the developed world and domestic enterprises are also adapting quickly to not be left behind by freely doing business widely, so the cash flow is increasingly complex, large and continuous Based on the instant solvency and the circulation of capital in cash, we can evaluate the economic performance and financial performance of the enterprise From there, check and fix Stemming from that important role, I chose the topic "Accounting of cash capital and receivables at Viet Nhat aluminum and glass construction company limited" The structure of the report consists of three main parts: CHAPTER 1: AN OVERVIEW OF PREVIOUS REPORT CHAPTER 2: INTRODUCTION OF COMPANY CHAPTER 3: INTERNSHIP PROCEDURE ACKNOWLEDGMENT Through more than years studying at Ton Duc Thang University, I have learned a lot of knowledge and this report is the result of training and continuous support of the entire Board of Directors of the University School in general and Lecturer in the Faculty of Accounting - I would like to thank and especially to Ms Le Thi My Hanh and Mr Nguyen Tan Dat for taking her precious time to wholeheartedly guide me to complete this report - I would also like to thank the Director of Viet Nhat Aluminum Co., Ltd - Nguyen Ai Thi for accepting the invitation to let me come directly to the company to learn practical experience in the office environment and professional manner The profession and especially the application of accounting knowledge in practice are always changing and require us to constantly learn - Finally, I would like to thank Ms Pham Thi Minh Thuy for guiding and teaching me during my internship in the accounting department Due to the long time of the epidemic, the internship process encountered many difficulties, so the report could not avoid shortcomings I hope the teachers will guide me further so that I can complete and achieve good results Once again, thank you very much to all the teachers of Ton Duc Thang University and Viet Nhat Aluminum Co., Ltd wishes for good health and success Ho Chi Minh City, January 2022 CONTENTS CHAPTER OVERVIEW OF PRIOR REPORT CHAPTER INTRODUCTION OF VIET NHAT ALUMINUM GLASS CONSTRUCTION COMPANY LIMITED .3 2.1 Company introduction 2.1.1 General information .3 2.1.2 History of formation and development 2.2 Organizational structure 2.2.1 Organizational chart of the company 2.2.2 Functions of each part 2.3 Fields and lines of business 2.3.1 Field of business .6 2.3.2 Sales process, service provision 2.3.2.1 Accessories business 2.3.2.2 Construction and installation of works .6 2.4 Vision for the future CHAPTER .9 INTERSHIP PROCESS 3.1 Organization of accounting work at the company NV 30/12 K00 /2020 100   30/12 Bank fee for /2020 contract 114         - Add the generated number     - Ending balance   - Accumulation from the beginning of the year   6422   58,350   1,548,663,732 1,925,262,148     3,750,019,130       1,548,663,732 1,925,262,148 Date Scheduler Chief Accountant (Sign, full name) (Sign, full name) Month Year Director (Sign, full name) 3.3.2.4 Accounting for other receivables Content reflects - Other receivables are receivables outside the scope of receivables from customers and are receivable internally - Other receivables at the Company include receivables such as: Interest on loans, money or value of assets that the Enterprise pledges, deposits, deposits, etc Proof of use - Receipt slip, payment slip - Service supply contracts - Certificate of credit from the bank User account - The user account will reflect other receivables and the payment of other receivables of the enterprise with customers in terms of proceeds from the sale of goods, provision of services, and fixed assets Accountants will use Account 138 to record other receivables and track other payables through the General Journal, Ledger, and Details Book Accounting order: 40  Daily work Every day, accountants base themselves on accounting vouchers or a summary of audited accounting vouchers of the same type, which is used as a basis for book entry and identification of debit and credit accounts for data entry Enter the computer according to the tables and charts that are pre-designed on Fast software According to the process of Fast software, the information is automatically entered into the general accounting book (ledger or diary-ledger ) and related detailed accounting books and cards  Month-end work: At the end of the month (or at any necessary time), accountants perform book closing operations (adding books) and preparing financial statements The comparison between the aggregated data and the detailed data is performed automatically and is always accurate and truthful according to the information entered in the period Accountants can check and compare data between accounting books and financial statements after they are printed on paper At the end of the month and at the end of the year, the general accounting books and detailed accounting books are printed on paper, bound into volumes and carried out legal procedures as prescribed Accounting method for some major economic transactions: - Accounting for pending assets Dr 138 – Residual value of assets Dr 214 – Depreciation value Cr 211 – Original cost - Detecting shortages when inventorying cash, supplies, and goods Dr 138 Cr 111, 112, 152, 153, 156 Illustrating profession In the first quarter of 2020, there were no other receivables 3.4 Conclusion 41 Comment: Advantages - Through studying and analyzing the current state of accounting for capital in cash and receivables, the company has been in operation for nearly 10 years so far, so the management and accounting apparatus of the company has had a lot of experience so that in the management and collection and expenditure of money of the company is done very methodically and closely - The Company ignores the bookkeeping of accounting transactions in the form of cash in transit and directly records them into account 112 For transactions arising near the end of the month, the company records the increase or decrease directly into Account 112 in the following month when the bank has not completed the procedure for declaring the Debit / Credit (not recorded in the subsidiary book), then it is difficult for the company to compare with the balance at the end of the month The company has a charter capital of about 3,500,000,000 VND - The Company well complied with regulations on books, documents and financial statements according to Circular 200/2014/TT-BTC issued by the Ministry of Finance The storage of records and documents is done carefully, reasonably, and easy to find - In the accounting work, capital in cash at Viet Nhat Aluminum and Glass Construction Co., Ltd is carried out logically and scientifically Disadvantages - The he number of accounting staff is small compared to the workload - Due to the nature of the business, the company's headquarters and factories are flexibly located far away from each other, leading to many shortcomings in the rotation of internal records, so the recording and gathering of costs is still late Request: 42 - Regularly update data, upgrade software to make the software's processing speed faster - The company should recruit more marketing department to widely introduce the software to potential customers - Because of the nature of the business model, the company has many branches located far away and is flexible depending on the location of the work, so the accounting of documents is delayed, it is recommended to use the cash in transit account 113 to address that disadvantage - Regularly inventory funds, compare monthly statements - Design a reasonable payment statement to serve as a basis for future settlement as well as meet management and provide timely information - Due to the limited number of accountants, the company should not violate the rule of non-participation in accounting between the cashier and the record-keeper Should divide the responsibility to take responsibility for fraud Table comparing theory with reality 43 Theory The same At the company After practicing and learning about accounting at the company, it shows that the theory learned and the practice applied at the company are the same - Simple interface, easy to use - Updating data flexibly (multiple invoices with payment slip) - Handles most of the arising operations such as funds, banks, inventory, cost, tax, salary, etc - The software allows to create multiple databases, that is, each unit is operated on an independent database - Save and Record data - Update continuously and quickly new laws, circulars, decrees - The calculation data in misa is very accurate, there are few unusual errors MISA runs on SQL technology, so the security is very high Inadequacy However, there are limitations on the change of import and export units of some commercial enterprises Especially the business and construction of aluminum and glass like at Viet Nhat company REFERENCES 44 Le Dat Trieu, 2016, Financial accounting, Accounting of cash capital and receivables, internship report of Ton Duc Thang University Chau Duong Tu Tran, 2014 Accounting of capital in cash and receivables at Nobland Vietnam Co., Ltd, Graduation thesis, University of Technology, HCMC Nguyen Thi Ngoc Han, 2015 Accounting of capital in cash and receivables at Tran Lam Express Co., Ltd, Graduation thesis, University of Technology, HCMC Company website https://nhomkinhvietnhat.com.vn/ https://thicongnhomkinh.com.vn/ Documents and documents related to the topic provided by Viet Nhat Co.,Ltd APPENDIX 45 APPENDIX APPENDIX 46 APPENDIX APPENDIX 47 APPENDIX APPENDIX 48 (Invoice) APPENDIX 49 (Invoice) APPENDIX 50 (Invoice) APPENDIX 10 51 (Invoice) INTERNSHIP REPORT OUTLINE 52 CHAPTER 1: OVERVIEW OF PRIOR REPORT CHAPTER 2: INTRODUCTION OF VIET NHAT ALUMINUM GLASS CONSTRUCTION COMPANY LIMITED 2.1 Company introduction 2.1.1 General information 2.1.2 History of formation and development 2.2 Organizational structure 2.2.1 Organizational chart of the company 2.2.2 Functions of each part 2.3 Fields and lines of business 2.3.1 Field of business 2.3.2 Sales process, service provision 2.3.2.1 Accessories business 2.3.2.2 Construction and installation of works 2.4 Vision for the future CHAPTER 3: INTERSHIP PROCESS 3.1 Organization of accounting work at the company 3.1.1 Applicable accounting principles and regimes 3.1.2 Accounting support software for aluminum and glass companies 3.2 Internship at the company 3.2.1 Conditions on means of accounting services 3.2.2 Work performed during the internship 3.3 Actual situation of capital accounting process in cash and receivables at Viet Nhat Aluminum and Glass Construction Co., Ltd 3.3.1 General features of accounting for cash capital and accounts receivable 53 3.3.1.1 Classification of company's cash capital accounting 3.3.1.2 The system of accounts the company uses 3.3.1.3 User book system 3.3.2 Detailed accounting of capital in cash 3.3.2.1 Cash accounting 3.3.2.2 Accounting for bank deposits 3.3.2.3 Accounting for accounts receivable from customers 3.3.2.4 Accounting for other receivables 3.4 Conclusion REFERENCES Ho Chi Minh City, January 2022 Supervisor 54 ... UNIVERSITY FACULTY OF ACCOUNTING INTERNSHIP REPORT ACCOUNTING FOR CASH AND RECEIVABLES AT VIET NHAT ALUMINUM AND GLASS CONSTRUCTION CO. ,LTD LECTURER: MS LE THI MY HANH MR NGUYEN TAN DAT STUDENT: TRAN... software for aluminum and glass companies - In fact, at Viet Nhat Aluminum and Glass Construction Co. , Ltd., the management of goods in the field of construction and finishing works is very complicated... inf@thicongnhomkhi.com.vn • Status: Still working • Logo: Picture 2.1: Logo of Viet Nhat Aluminum Glass Construction Co. , Ltd) (Source: Internet data of Viet Nhat Aluminum Glass Construction Co. , Ltd)