(TIỂU LUẬN) 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 nhận SV 2- Phần (do BP phụ trách & giáo vụ Khoa chấm) (1,0 điểm) ST T 2.1 Tác phong TSNN Tuân thủ quy định Khoa 3- Phần (do GVPB + GVHD chấm) (6,0 điểm) STT Nội dung 3.1 Hình thức trình bày (0,5) 3.2 Tác phong, tuân thủ hướng dẫn (0,5) Tác phong chuyên nghiệp (Trang phục, giấc) 3.3 Chapter 1: Overview of previous reports (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 Chapter 3: Internship procedure (3,5) 3.1 Internship activities (1,0) - Tuân thủ mục theo đề cương chi 3.2 Actual Accounting/ Auditing tiết GVGS với nội dung trình bày procedure (2,0) 3.3 Conclusion (0,5) 3.6 Phụ lục (0,5) 3.7 Kiểm tra nội dung BCTSNN Kiểm tra kiến thức lý thuyết liên 3.8 quan đến đề tài Kiểm tra kiến thức/nhận thức 3.9 thực tế liên quan đến đề tài 3.10 Khả sử dụng tiếng Anh để trả lời câu hỏi phản biện SV Tổng điểm phần 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 Numerical order Diagrams 2.1 Diagrams 2.2 Diagrams 3.1 Diagrams 3.2 Diagrams 3.3 Diagrams 3.4 Numerial order Table 3.1 Table 3.2 Table 3.3 Table 3.4 Table 3.5 Table 3.6 Numerial order No Picture 2.1 Logo Picture 2.2 Cons Picture 2.3 Cons Picture 3.1 WPR 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 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 The same After practic theory learne - Simple inte - Updating d - Handles m salary, etc - The softwa an independe - Save and R - Update - The calcula MISA runs o Inadequacy However, th commercial glass like at 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... 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 capital in cash and accounts receivable... 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