How can I become prefect for Industrial Accountant?

Are you wondering the jobs for industrial Accountants ? You can only get the job of industrial accountant , if you will deserve for this , if you are not deserve for this you can not become Industrial accountant . Now , one question may arise in your mind , how can I become perfect for Industrial accountant ? What are the main pin points which I should know ? For solving your mind's questions relating to this , I am trying to provide some tips for becoming the perfect in Industrial accounting jobs .

1st Tip

You must now the complete definition of Industry . Industry means group of factories and plants . So , it means , its accounting will be relating to production of goods . So , accounting relating to inventory management will be the necessary part of this accounting , so you should be prepare for inventory management accounting . I can tell you little about this , you have to record all raw material of different quantity , you have to record physical quantity of goods , you have to record consumption of goods for production , you have to record production of finished goods and you have to record closing stock of goods both quantity and Value and more from above work .

2nd Tip

It may be possible that your employer appoint you to sale department , so you must also know fully sale tax and Value added Tax's accounting treatment . How can fill the return and how can assess Value added tax and how can record this in the accounting books are the general questions , whose answer not only theory but also practical must require for becoming perfect in Industrial accounting .

3rd Tip

Today , Industry is converting from physical production to service sector , One of best example , you can take from my work , I am operating a website which giving you services about latest updates in accounting but this is not physical product and in consideration , I earn from advertising . So there are large number of Industries growing , day by day and they need accountants for recording their transactions , even sometime after , I will need an accountant for SVOPI , So for this you must know how to assess service tax and how to make service tax return and how to record these transaction in books are general question whose answers must be in your brain pocket . For example if , my web-publishing service earning , if more than Rs. 600000 , I will also pay service tax , so my accountant will have to perform these duties , for this he must know very well about service tax law and practical work relating to this .

4th Tip

In any factory or plan , you surely look large number of employees , so records relating to provident fund , how to calculate Employee's provident fund , how to deposit its Challans and what effect its in income tax return filling , how to calculate salaries , how to prepare the salary sheet these are basic question whose answer should be given by you .

5th Tip

Sometime your duty may be on billing , So you must also understand excise billing , VAT billing .

6th Tip

Last but not least , Excise duty , Tds and Advance tax matter must be solve from your side

I tried to give very few but very important tips in this small article after request of some online visitors who want to know special tips relating to Industrial Accounting .
See Also
From Internal Links
How to reach at top level in accounting Field
10 Tips for Interview taker for accountant post
Some tip for solving any accounting problem
External Link
Industrial Accounting in Lappeenrantra University of Technology






access account accountant Accounting accounting definitions accounting ebook Accounting education accounting procedure accounting process outsourcing Accounting Software advance advertising africa Amalgamation amendments announcements Annuity assets audit auditing Australia B.Com. balance sheet bank Bank reconciliation banking basic accounting BBA benefits best bill black money blog bloggers book keeping bookkeeping Branch Accounting - full tutorial budget Budget variance business businessman CA calculator canada capital capital budgeting career cash cash book cash flow statement Chiense children china class coaching coins college commerce commerce students company computer computer accounting conference Contact vinod kumar Control Your Spending corporate accounting cost cost accounting cost center cost centre CPA credit credit card cs currency data Debit and credit debit cards debt debtor degree depletion depreciation Diwali Messages documents dollar domain Downloads Dubai e-accounting earning education Education Loans email employee EPF ERP euromoney examination excel excise duty expenses facebook factor of loan fans feature fifo FII fiji finacle finance Finance Journal Entries Financial financial accounting fire insurance flickr flow forensic forex formula france fraud free fun function fund GAAP GDP gdr germany gold goodwill goodwill accounting google google apps Google Adsense google apps google base google buzz google calendar Google docs google finance google fusion tables google talk govt. GST guide health Hindi Hindi Language history holding company How to treat FBT in Tally 9 HRA ICAI ICAWI ICICI Bank IFRS income income statement Income Tax India indian railway Indonesia inflation inflation accounting infographics information inspiration insurance insurance accounting Intangible interest international Internet Introduction of Tally 9 inventory investment investment in Shares invoice IT Japan Job costing journal entries Journal Entries eBook Help Kalculate keyboard kindle kuwait laptop law LBT learning lease lecture ledger leducation Leverage Analysis liabilities lifo linkedin loan logical point loss loss of profit M.Com. m.phil malaysia management accounting manual accounting manufacturing account market marketing mastercard material MBA MCA media migration mobile money ms word ms. excel multi currency in tally 9 Multicurrency Accounting mutual fund national security new and sacrifice ratio new york times new zealand news NGO nonprofit-accounting North Georgia Mountains NPV NSE odbc office oman online application online accounting Online Accounting Course otcei pakistan parents Partnership pay pal pdf Personal Finance pie chart pie chart of income pnb podcast ppf presentation price privacy policy prize money prof. vinod kumar profit profit and loss account project management provision purchase puzzles quickbooks Quote quotes quotes of svtuition rating agency ratio analysis RBI readers real estate rectification of errors remote control reports reserves responsibility accounting retirement revenue Revenue reserves review risk rupees salary sale saudi arabia saving sbi scholarship school SEBI security service tax share share trading Shares shri lanka singapore sms social accounting society solution South Africa stock stock exchange structure student students study subsidiary company svtuition swiss bank tally tally 9 Tally 7.2 Tally 9 Tally.ERP 9 tanzania tax Tax Accounting TDS teacher teaching technology test testimonial testimonials thailand tips trading trading on equity transaction trend trial balance truthfulness tuition twitter UAE UGC - NET Commerce UK United Arab Emirates university usa valuation VAT Video Voucher and vouching Wealth wikipedia working capital youtube
Accounting Education: How can I become prefect for Industrial Accountant?
How can I become prefect for Industrial Accountant?
Accounting Education
Not found any lecture VIEW ALL Continue reading Reply Cancel reply Delete By Home PAGES Lectures View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Lectures Not found any lecture match with your request, please help to write it and send it to our email at for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock