Client: BHEL-GE Gas Turbines Pvt Ltd

Assignment: Internal Audit

Period: Apr'21 to Jun'21
Area : Treasury

Prepaid exp as per Prepaid expense as per

ledger schedule Difference
301,340 310,277 8,937

Prepaid expense schedule

Date Natuer of Expenses Payee Total Period From

23-Feb-18 Explosive Licence renewal Rent Rates & taxes 4/1/2018

2-May-19 CFO renewals Pollution Control Board 5/1/2019
14-Dec-20 FIEO Renewal Fee for 2021-22 (IRent Rates & taxes 4/1/2021
31-Mar-21 Annual Subsciption licence fee paAmc charges 4/1/2021
31-Mar-21 Annual Subsciption licence fee p Amc charges 4/1/2021
26-Jun-21 Fee for Concent for Operation forAmc charges 4/1/2021

Extract of ledger

Date Main account Journal number Name

30-Jun-21 21101150 GJT2021-046806 Prepaid Insurance
 Total Period
Total Period To Prepaid Amount
(months)

3/30/2023 60 126,000
3/31/2024 48 945,600
6/30/2021 3
3/31/2022 12
3/31/2022 12
3/31/2022 12

Voucher Posting type Ledger account

GJV_FY2021_003226 Ledger journal 21101150~~CORPORATE~~N.A.~~HO~~NONE
 Balance As
Up to up to Up to
Ledger account on 1st Up to June 19 Up to Sept 19
Dec 19 March 20 June 20
April,2019 Up to
Sept 20
Rent Rates & taxes 100,800 6,300 6,300 6,300 6,300 6,300 6,300
Rent Rates & taxes 945,600 59,100 59,100 59,100 59,100 59,100 59,100
Rent Rates & taxes
Comptur Expenses
Comptur Expenses
Comptur Expenses

Description Currency Debit amount Credit amount

INR - 8,937
 Balance as
Up to on 31st Balance as
Up to Dec March March,202 Up to June on
2020 2021 1 2021 Q1 June,2021 Segment
6,300 6,300 50,400 6,300 6,300 44,100 RF
59,100 59,100 472,800 59,100 59,100 413,700 RF
8,937 8,937 8,937 - Corporate
824,360 206,090 206,090 618,270 Corporate
119,400 29,850 29,850 89,550 Corporate
340,764 RF