INTERNSHIP REPORT Viet anh scientific

THƯƠNG MẠI UNIVERSITY FACULTY OF ACCOUNTING-AUDIT - - PROJECT REPORT Project name: SALARY ACCOUNTING AND SALARY DEDUCTIONS Instructor: TS Phạm Than Hương Performing students: Nguyễn Thúy Hằng 19D155086 Nguyễn Ngọc Quang Nhân 19D155103 Class: K55DD2 HÀ NỘI - 2023 SPECIAL THANKS During my internship at “Viet Anh Scientific Equipment Co., Ltd” I have received a lot of help and facilitation from your company, along with the brothers and sisters in the accounting department I would like to express my sincere thanks for that help I would like to express my deep gratitude to my guide Dr Pham Thanh Huong, who has enthusiastically guided me in the past time In the process of writing the summary report, although I tried a lot due to limited time and knowledge, mistakes could not be avoided Therefore, I look forward to receiving your guidance and contributions to improve my thesis I would like to wish the teachers of the University of Commerce good health, success and prosperity in life as well as in the process of working at the school Once again I sincerely thank! Performing students: Nguyễn Thúy Hằng Nguyễn Ngọc Quang Nhân i TABLE OF CONTENTS SPECIAL THANKS i TABLE OF CONTENTS .ii LIST OF ABBREVIATIONS .iv LIST OF TABLES, DIAGRAMS v LIST OF PICTURES .vi FORE WORD PART I OVERVIEW OF VIET ANH SCIENCE EQUIPMENT COMPANY LIMITED AND CHARACTERISTICS OF ACCOUNTING AND ANALYSIS ORGANIZATION 1.1 Overview of Viet Anh Scientific Equipment Co., Ltd 1.1.1 Company formation and development 1.1.2 Characteristics of business operations and management organization of the company .4 1.1.3 Overview of production and business results of Viet Anh Scientific Equipment Co., Ltd over the past years 1.2 Organizing accounting work, analyzing financial statements at Viet Anh Scientific Equipment Co., Ltd 10 1.2.1 Organization of accounting work at Viet Anh Scientific Equipment Co., Ltd 10 1.2.2 Organize financial statement analysis .24 PART II SALARY ACCOUNTING STATUS AND SALARY DECREES OF VIET ANH SCIENTIFIC EQUIPMENT CO., LTD 33 2.1 Regulations on salary accounting and salary deductions at Viet Anh Scientific Equipment Company 33 2.1.1 Regulations on salary at the company 33 2.1.2 Regulations on deductions according to the company's salary .34 2.2 Payroll accounting and salary deductions at Viet Anh Scientific Equipment Co., Ltd 35 2.2.1 Payroll accountant at the company 35 ii 2.2.2 Accounting of deductions according to the company's salary 38 PART III SITUATION ASSESSMENT AT VIET ANH SCIENTIFIC EQUIPMENT CO., LTD 42 3.1 Comments on management 42 3.2 Comments on accounting work .43 3.3 Solutions to complete the accounting of salary and salary deductions; sales accounting and determining the company's sales results 45 3.3.1 Solutions for management work 45 3.3.2 Solutions for accounting work 46 3.3.3 Solution for parts of accounting 46 PART IV SUBJECT ORIENTATION OF GRADUATION THESIS 49 GENERAL CONCLUSION 51 LIST OF REFERENCES .52 APPENDIX iii LIST OF ABBREVIATIONS BHXH Bảo hiểm xã hội (Social insurance) BHYT Bảo hiểm y tế (Health Insurance) BHTN Bảo hiểm thất nghiệp (Unemployment insurance) DN Doanh nghiệp (Enterprise) HĐBH Hoạt động bán hàng (Sales activities) TSCĐ Tài sản cố định (Fixed assets) TK Tài khoản (Account) GTGT Giá trị gia tăng (Added value) TNHH Trách nhiệm hữu hạn (Limited Liability) TNDN Thu nhập doanh nghiệp (Corporate income) VCSH Vốn chủ sở hữu (Equity) BCTC Báo cáo tài (Financial report) PC Phiếu chi (Payment) TTTL Thanh toán tiền lương (Payment of wages) HTK Hàng tồn kho (Inventory) QLDN Quản lý doanh nghiệp (Enterprise management)_ iv LIST OF TABLES, DIAGRAMS Table 1: Report on business results of enterprises Table 1: 2: Indicators for assessing the situation of enterprises Table 1.3 Extract detailed accounts applied at the company Table 1.4: General analysis of business expenses in relation to revenue Table 1.5 Analysis of the company's ratios and payment coefficients in the period of 2019 - 2020 Table 1.6: Analysis of ROE, ROA indicators Table 2.1: Table of regulations on deduction and payment of salary deductions at the company (Appendix 2.1) Table 2.2: Table of regulations on deduction and payment of salary deductions at the company (Appendix 2.2) Table 2.3: Table of regulations on deduction and payment of salary deductions at the company (Appendix 2.3) Figure 1.1: Organization of the company's management apparatus Figure 1.2: Schematic diagram of the accounting apparatus of Viet Anh Scientific Equipment Co., Ltd (Excerpt from the human resources manual for 2021 at Viet Anh Scientific Equipment Co., Ltd.) Diagram 1.3: Flow chart of document circulation (Appendix 01) Figure 1.4: Order of rotation processing of VAT invoices (Appendix 01) Diagram 1.5: Flow chart of the unit's salary deductions Figure 2.1: Flow chart of the unit's salary accounting vouchers Figure 2.2: The process of circulating sales documents Figure 2.3: Process of recording salary accounting books and salary deductions (Appendix 2.4) Figure 2.4: Recording process of deductions according to salary in November 2021 (Appendix 2.11) v LIST OF PICTURES Image 1.1: Receipt of VAT invoice 000239 (Appendix 1.1) Image 1.2: Salary payment slip for sales department and management department in November (Appendix 1.2) Image 1.3: Detailed book of Account 6421 of the company in November (Appendix 1.3) Image 1.4: Detailed book of Account 6422 of the company in November (Appendix 1.4) Image 2.1: Timesheet of the management department in November 2021 (Appendix 2.5) Image 2.2 : Payment by management in November 2021 (Appendix 2.6) Image 2.3: Payment by sales department in November 2021 (Appendix 2.7) Image 2.4: Acsoft accounting software interface to enter salary for the management department (Appendix 2.8) Image 2.5: Acsoft accounting software interface to enter salary for sales department (Appendix 2.9) Image 2.6: Detailed book of Account 334 (Appendix 2.10) Image 2.7: Worksheet for deduction and payment of social insurance contributions for the management department in November (Appendix 2.12) Image 2.8: Table of deduction and payment of social insurance contributions for sales department in November (Appendix 2.13) Image 2.9: Acsoft accounting software interface to enter health insurance premiums for the management department (Appendix 2.14) Image 2.10: Acsoft accounting software interface to enter social insurance money for the sales department (Appendix 2.15) Image 2.11: Acsoft accounting software interface to enter health insurance premiums for the sales department (Appendix 2.16) Image 2.12: Details of Account 3383 of the company in November (Appendix 2.17) Image 2.13: Detailed book of Account 3384 of the company in November (Appendix 2.18) Image 2.14: Detailed book of account 3385 of the company in November (Appendix 2.19) vi FORE WORD In the era of economic integration and development, the number of businesses is increasing day by day Along with that, the demand for accountants has also increased significantly Every year, there are many accounting graduates looking for work There are so many people, but businesses still have a hard time recruiting employees Because fresh graduates only know theory, can't work, can't meet the needs of businesses That's why practice is so important To help students apply the knowledge and skills gained from the modules learned at school, to study the actual management activities and accounting work of the unit, helping us Having the knowledge to study more deeply about accounting majors and accumulating knowledge to create a stronger foundation upon graduation, the school has created conditions for us to approach reality Since then, combined with the theory I have learned to have an objective perception of the issues surrounding the knowledge of accounting - auditing Basic industry internship is an opportunity for us to approach reality and apply the theories we have learned in school During this time, we have access to the operation of the business, as well as can observe and learn the style and working experience of our predecessors In addition, we have partly accumulated skills in social communication and relationships with the internship unit to collect documents for report writing In order to better understand the development efforts of the business, my group had a process of learning and practicing at Viet Anh Scientific Equipment Co., Ltd with the enthusiastic help of the accounting department, I had practical views and research about the company to complete the summary report - Regarding the scope of research: + In terms of time: Illustrative data for the topic are taken from transactions arising at the company in 2018, 2019 and 2020 + In terms of content: Research on accounting for major operations and payroll accounting of the company + About space: At Viet Anh Scientific Equipment Co., Ltd (address: No Lot 3A Trung Yen Urban Area, Trung Hoa Ward, Cau Giay District, Hanoi City) - In addition to the introduction and conclusion, the summary report consists of main parts: Part I General information about Viet Anh Scientific Equipment Co., Ltd Part II Actual situation of salary accounting and salary deductions of Viet Anh Scientific Equipment Co., Ltd Part III Reviews and comments at Viet Anh Scientific Equipment Co., Ltd Part IV Choosing an in-depth research topic PART I OVERVIEW OF VIET ANH SCIENCE EQUIPMENT COMPANY LIMITED AND CHARACTERISTICS OF ACCOUNTING AND ANALYSIS ORGANIZATION 1.1 Overview of Viet Anh Scientific Equipment Co., Ltd 1.1.1 Company formation and development - Business name: Viet Anh Scientific Equipment Co., Ltd - Trade name: VIET ANH SCIENTIFIC - Head office address: Số Lô 3A Khu đô thị Trung Yên, Phường Trung Hòa, Cầu Giấy, Hà Nội - Tax code: 0101101276 - Field of activity: Trade and service of machinery and equipment - Phone: +84 28 3517 1160/ 24 3783 1852 - Director: Kieu Van Hau - Email: info@vietanhco.com.vn; hr@vietanhco.com.vn - Website: www.vietanhco.com.vn - Number of employees: 40 - Date of establishment: 22/02/2001 * The process of formation and development - Viet Anh Scientific Equipment Co., Ltd was established in 2001 Our company specializes in distributing equipment, chemicals, biological products and consumables for the fields of biological, chemical, medical research biology, medical diagnosis, veterinary medicine, food hygiene, environmental control, quality control in pharmaceutical, food, chemical industries We also supply chemical supplies for the pharmaceutical industry and vaccine production - To accomplish the above goals, we choose to become the distributor of reputable manufacturers in the world for quality products, services and constant innovation The direct support from manufacturers combined with the company's sales, technical, and customer care staffs bring customers high-tech products and the best service, contributing to the success of customers scientific, technical and economic development of the country