#financereporting

[integscloud]

A Guide To Essential Reports In Oracle NetSuite For Indian CFOs

In the fast-paced world of Indian finance, accurate reporting isn’t just smart—it’s essential for CFOs. Meet Oracle NetSuite, your cloud-based ERP sidekick armed with a toolkit of India-focused reports tailored for the unique challenges of the Indian business landscape. NetSuite simplifies financial reporting, ensuring compliance and strategic insights for CFOs navigating the intricacies of Indian finance.

As CFOs navigate the twists and turns of India’s financial rules, let’s delve into NetSuite’s must-have reports:

1. GSTR1: Outward Supplies Report

The GSTR1 report captures details of outward supplies of goods and services. This monthly or quarterly report is vital for GST compliance, ensuring accurate representation of sales transactions.

2. GSTR2: Inward Supplies Report

Complementing the GSTR1, the GSTR2 report provides details of inward supplies. It helps reconcile and verify the input tax credit claimed by your organization against the tax paid by your suppliers.

3. GSTRB: Consolidated GST Return

The GSTRB is a consolidated GST Return form, encompassing outward and inward supplies along with tax liabilities. It serves as a comprehensive summary for GST filing.

4. TDS 26Q: TDS On Payments Report

This report focuses on TDS deducted on payments other than salaries. It’s essential for maintaining compliance with TDS regulations and provides a detailed view of deductor and deductee information.

5. TDS FILE WITH FUV Format

A format-compliant TDS report, this ensures your TDS details are compliant with regulatory requirements, covering deductor, deductee, and TDS amounts.

6. TCS: Tax Collected At Source Report

For businesses collecting tax at source, the TCS report is indispensable. It captures the collector’s details and the tax amounts collected, aiding in TCS compliance.

7. Purchase Register

The Purchase Register provides a detailed list of all purchases made by the organization, offering insights into vendor relationships and purchase expenses.

8. Sales Register

The Sales Register lists all sales transactions, offering a comprehensive view of revenue streams, customer relationships, and sales performance.

9. Schedule III AND IV: Financial Statement Schedules

These schedules are essential for preparing the balance sheet and profit and loss statement in compliance with statutory requirements, ensuring transparency and accuracy in financial reporting.

Conclusion 

As an Indian CFO, leveraging these reports in Oracle NetSuite can streamline your financial operations, enhance compliance, and provide valuable insights for strategic decision making. By harnessing the power of these India-specific reports, you can navigate the intricacies of Indian finance with confidence and efficiency.

Explore NetSuite’s robust reporting capabilities and empower your finance team to drive success in the competitive Indian market.

Ready To Simplify Your Financial Reporting?

In the fast-paced world of Indian finance, accurate reporting isn’t just smart—it’s essential for CFOs. Meet Oracle NetSuite, your cloud-based ERP sidekick armed with a toolkit of India-focused reports tailored for the unique challenges of the Indian business landscape. NetSuite simplifies financial reporting, ensuring compliance and strategic insights for CFOs navigating the intricacies of Indian finance.

As CFOs navigate the twists and turns of India’s financial rules, let’s delve into NetSuite’s must-have reports:

1. GSTR1: Outward Supplies Report

The GSTR1 report captures details of outward supplies of goods and services. This monthly or quarterly report is vital for GST compliance, ensuring accurate representation of sales transactions.

2. GSTR2: Inward Supplies Report

Complementing the GSTR1, the GSTR2 report provides details of inward supplies. It helps reconcile and verify the input tax credit claimed by your organization against the tax paid by your suppliers.

3. GSTRB: Consolidated GST Return

The GSTRB is a consolidated GST Return form, encompassing outward and inward supplies along with tax liabilities. It serves as a comprehensive summary for GST filing.

4. TDS 26Q: TDS On Payments Report

This report focuses on TDS deducted on payments other than salaries. It’s essential for maintaining compliance with TDS regulations and provides a detailed view of deductor and deductee information.

5. TDS FILE WITH FUV Format

A format-compliant TDS report, this ensures your TDS details are compliant with regulatory requirements, covering deductor, deductee, and TDS amounts.

6. TCS: Tax Collected At Source Report

For businesses collecting tax at source, the TCS report is indispensable. It captures the collector’s details and the tax amounts collected, aiding in TCS compliance.

7. Purchase Register

The Purchase Register provides a detailed list of all purchases made by the organization, offering insights into vendor relationships and purchase expenses.

8. Sales Register

The Sales Register lists all sales transactions, offering a comprehensive view of revenue streams, customer relationships, and sales performance.

9. Schedule III AND IV: Financial Statement Schedules

These schedules are essential for preparing the balance sheet and profit and loss statement in compliance with statutory requirements, ensuring transparency and accuracy in financial reporting.

Conclusion 

As an Indian CFO, leveraging these reports in Oracle NetSuite can streamline your financial operations, enhance compliance, and provide valuable insights for strategic decision making. By harnessing the power of these India-specific reports, you can navigate the intricacies of Indian finance with confidence and efficiency.

Explore NetSuite’s robust reporting capabilities and empower your finance team to drive success in the competitive Indian market.

Ready To Simplify Your Financial Reporting?

Learn More -

[pavitrajyotish]

2023 Finance Report

Your financial situation will improve in 2023, if you follow our prediction.

👉Get to know your future from our erudite astrologer today. Call +91 9582192381 or visit our website for more details.

[jobkash]

Staff Accountant - Sports Facilities Management

STAFF ACCOUNTANTSports Facilities Management, LLCLOCATION: Clearwater, FLDEPARTMENT: FINANCEREPORTS TO: CONTROLLERSTATUS: FULL-TIME (NON-EXEMPT)ABOUT THE COMPANY:The Sports Facilities Companies (SFC) are the Nation’s leading resources for the management and development of sports, recreation, wellness, and events facilities. As a turn-key solution for community leaders and developers alike, SFC…

[vnmtsolutions]

Although the NetSuite financial management solution is rather strong and can easily handle all of your specific setup and planning requirements, turning the NetSuite data into highly customised reports may be made much simpler with the assistance of skilled NetSuite implementation services. This change can only be successful with the help of a NetSuite development company with exposure to and experience in your industry.

[research-optimus-blog]

Financial statement analysis is one of the most fundamental financial research & analysis practices. To put it in layman’s terms, it’s the process of analyzing financial statements so that decision-makers have access to the right data. It’s also used as a method for taking the proverbial pulse of the business. Since statements are centered on a company’s important financial details, they can be used to evaluate all of their activities. This is essential to understanding the performance of overall business operations.

[futureeducationworld-blog]

Certified Finance Manager (CFM)

About Certified Finance Manager (CFM)/ Financial Management / Certification course in Dubai, Abu Dhabi, Sharjah, Musaffah, UAE

The Certified Finance Manager (CFM)  certification course is an exclusive qualification and imparts expertise for those professionals engaged in financial and management accounting.  CFM (Certified Financial Management) training is ideal for business managers/ accountants who wish to understand core financial principles and understand how financial decisions impact a company’s financial health. You’ll learn to read and analyze financial statements, use financial controls to meet business objectives, Financial control, Auditing, Financial reporting , Cash flow statement, Balance sheet, MIS reporting, Financial risk management etc

Zabeel International Institute is an authorized training and exam Centre for AIFB- American Institute of Finance and Banking, USA, providing CFM certification.

Who needs the Accounting & Financial Management CFM Training/Certification?

This course is appropriate for professionals within any functional area who have limited knowledge and experience with finance and who need to enhance their financial acumen.

Learning Outcome of Accounting & Financial Management CFM  certification  Course

Understand the layout and purpose of the profit and loss account, balance sheet and cash flow statement.

Prepare to do bank reconciliation, Financial reporting, MIS, Financial analysis, cash flow statement, balance sheet etc.

Analyze the finances of individual corporations both regarding their performance and capital requirements

Access financial information from a wide variety of sources and use this information to research and assess corporations

Certified Finance Manager CFM Training/ Certificate Course Content

Module 1- Financial Accounting 

1.    The content and purpose of financial reporting

2.    The qualitative characteristics of financial information

3.    The use of double-entry and accounting systems

4.    Recording transactions and events

5.    Preparing a trial balance

6.    Preparing basic financial statements

7.    Preparing simple consolidated financial statements.

8.    Interpretation of financial statements

Module 2 – Management Accounting

1.    The nature, source and purpose of management information

2.    Cost accounting principles and methods

3.    Budgeting

4.    Standard costing

Module 3- Financial Reporting

1.    A conceptual framework for financial reporting

2.    A regulatory framework for financial reporting

3.    Financial statements

4.    Business combinations

FINANCIAL MANAGEMENT & ACCOUNTING (CFM) Exam Prep Classes:

Zabeel stands apart from rest of the institutes because we believe in providing the students with the most finest and resourceful training for CFM. The highlights of our preparations are as follows:

  Comprehensive classes

 One-to-one counseling sessions

 Off the class discussion facility

Revision of Key topics & Question based revision

Certified Finance Manager CFM  Course Study Material /Toolkit:

Lectures, case studies, exercises and tutorials led by the lectures, are supported by private study and work assignments. To support the lectures, the faculty would be using PowerPoint Slides, Audio, video or projectors and /or lecture notes as the course goes on.

The student would be provided with lecture notes as handouts or books whichever is appropriate to the lecture.

Recommended reference books or websites would be suggested to the students for further reading if the student needs a deeper understanding of the topics that are covered in the class.

Certified Finance Manager CFM Certification Awarding Body:

CERTIFIED ACCOUNTING PROFESSIONAL (CAP) is awarded by the American Institute of Banking and Finance, USA, which is globally recognized.

Certified Finance Manager CFM  Eligibility:

There is no specific eligibility requirement. This course is suitable for managers, executives with little or no experience in accounting who would like to understand the fundamental principles of financial accounting and accounting software’s.

[g33kxinc]

Google's 'raters' are pushing for $15 an hour

Google’s ‘raters’ are pushing for $15 an hour

Part-time employees at RaterLabs — an AI vendor whose only known client is Google — are campaigning to qualify for the $15 hourly minimum wage the tech giant promised to its “extended workforce” back in 2019. Yahoo Financereported that the quality raters whose sole job is evaluating Google’s search and ad results for accuracy don’t qualify for sick leave, PTO or other benefits the company…

[webvacancy]

New Job Vacancy at Medical Teams International (MTI) Tanzania - Accountant

New Job Vacancy at Medical Teams International (MTI) Tanzania – Accountant

ACCOUNTANTPosition: AccountantMedical Teams International TanzaniaDepartment : FinanceReports to: Direct: Senior Finance Officer Technical: NALocation Kasulu Country Office.Work Days & Hours: Monday-Friday, 40-45 hours/week, occasional weekends, and public holidaysJOB SUMMARYResponsible for supporting all MTI TZ Country programs by providing technical support to the Finance Team and Management in…

[mwanachuoforum]

Finance Coordinator at Norwegian Refugee Council (NRC) - Tanzania

Finance Coordinator at Norwegian Refugee Council (NRC) – Tanzania

Finance Coordinator at Norwegian Refugee Council (NRC) – Tanzania Finance Coordinator Tanzania KibondoKibondo, Tanzania, United Republic of and 1 more Position: Finance Coordinator— Budgeting and ReportingJob Identification 883Job Category FinanceReports to: Finance ManageRDuty station: Kibondo/TanzaniaDuration : 12months with possibility of extensionDegree Level Bachelor’s DegreeJob…

[largecapindia]

Overview: Bajaj Finance Limited, a subsidiary of Bajaj Finserv, was incorporated in the year 1987. It is aLarge Cap company with a market capital of Rs 199651.01 Crore. The company is engaged in the business of retail financing, providing finance for two-wheelers, consumer durables, personal computers, personal loans, insurance services, etc. About the company: Bajaj Finance Limitedwas originally incorporated as Bajaj Auto Finance Ltd in 1987, initially the company focused on providing financefor two and three-wheelers. In 1998, company launched its initial public issue of equity share and was listed on the BSE and NSE. In 2010 the company’s registered name was changed from Bajaj Auto Finance Limited to Bajaj Finance Limited. Today, the company has emerged as one of the largest retail asset financing NBFCs in India, as on March 31, 2020, assets under management (AUM) grew 18% (year-on-year) to Rs 1,16,102 crores on a standalone basis. The AUM consisted primarily of personal and consumer durables loans (35%), mortgages such as loans against property &home loans (12%), SME loans and vendor financing (12%), two- and three-wheeler financing (11%), rural financing (12%), loan against securities (4%) and others (13%). Management: Mr. Rajeev Jain is the Managing Director and Mr. Anup Saha is Deputy CEO of the Bajaj Finance Limited. Shareholding Pattern (As on June 2020): • Promoters: 56.20 • Foreign Institutions: 21.24 • NBFC and Mutual Funds: 7.26 • Others: 3.12 • General Public: 9.11 • Financial Institutions: 2.86 • GDR: 0.22 Dividend: The company declared an equity dividend of 500.00% amounting to Rs 10 per share for the year ending March 2020. Sales Report:For the quarter ended June 30th of 2020, Bajaj Financereported a consolidated sale of Rs 6634.93 Crore, which is down by -7.73 % from last quarter sales of Rs 7190.93 Crore, but up by 14.37 % from previous year’s same quarter sales of Rs 5801.25 Crore. If you find any mistake please contact the support@largecapindia.com. This article is general in nature. It does not constitute a recommendation to buy and sell any stock, and does not take account of your objectives, or your financial situation. Largecapind (at India) https://www.instagram.com/p/CGfYNUbn4ic/?igshid=i4jj6u1qs146

[pavitrajyotish]

2023 Finance Report

Let's increase your money and wealth with astrological guidance for 2023.

👉Do you want to get your astrologer planner for the year 2023? Call +91 9582192381 our astrologer or visit our website PavitraJyotish for more details.

[jobkash]

Cost Accountant

Job Title: Cost AccountantDepartment: FinanceReports To: Manager, Cost AccountingFLSA Status: ExemptCompany Overview:Comtech Telecommunications Corp. is a leading global technology company providing terrestrial and wireless network solutions, next-generation 9-1-1 emergency services, satellite and space communications technologies, and cloud-native capabilities to commercial and government…

[pavitrajyotish]

Your finance report will help you plan your investments and liquidity according to your kundali. Get your Finance report now: https://bit.ly/2AzQpJt

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Finance Report

Straighten your financial goals in this year to reach your goals. Get it now: https://bit.ly/2IXJuO2

[pavitrajyotish]

2020 Finance report

Grow your money with future money prediction of 2020, Get it now: https://bit.ly/3aThlU5