Guided ByMr. R.C.

Shrivastava

Submitted ByMohd. Mueen Roll no-108 FMS-SSGI

To ensure optimum investment in current assets. To study need & importance of working capital. To strike a balance between liquidity & profitability.

Bhilai Steel Plant occupies the pride of places as the largest operating steel plant of india.it came into existence on 10th june 1957.

On 4th February 1959, our first president Dr. Rajendra Prasad dedicated Bhilai to the nation by inaugurating the blast furnace No.1 for production. Since then BSP never looked back & has steadily grown and modernized itself.

Finance and accounts department of Bhilai Steel Plant is one of the key department in the total organization. Main Function
1. 2. 3. 4. Maintaining. Meeting statutory requirements. Budgetary control and Advising on financial matters.

This training report is an attempt to consolidate various functions of accounts and finance department of Bhilai Steel Plant. This report is based on the latest practices and system being followed and would we very useful to everyone functioning as finance and accounts executives and for others as well. This will throw light on the function and importance of finance and accounts department in total organization.

Finance & Account Department

Sales

Purchase

Wages

Case/Bank

Invoicing

Store Bills Raw material Imports

Wages-1 Zonal & town ship wages

Exports

Sales tax

Stock ledger

Operation miscellaneous

Stores