Intern
Pranesh Jain & Associates
Indore
01.2023 - 07.2023
- Assisted in preparation and filing of Income Tax Returns (ITR) for individual clients
- Assisted in preparation of basic financial statements, including trial balance and profit & loss accounts, ensuring compliance with accounting standards
- Worked as part of an accounting and taxation support team assisting in day-to-day financial operations and compliance activities for small and mid-sized clients.
- Maintained accounting records and updated general ledgers using accounting software (Tally ERP)
- Processed accounts payable and accounts receivable entries
- Performed monthly bank reconciliations and resolved discrepancies in account statements
- Assisted in VAT-related data compilation and basic compliance documentation
- Organized and maintained financial documents for audit and reporting purposes
- Coordinated with seniors to ensure accuracy in accounting entries and reporting deadlines
- Enhanced accuracy of ledger entries through systematic reconciliation checks
- Addressed pending reconciliation issues by conducting timely follow-ups and providing error correction support
- Gained practical exposure to Indian taxation and accounting compliance procedures