JSPM's Imperial College of Engineering and Research, Wagholi   Accredited "A" Grade by NAAC

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Accounts Section

Students Related Account Work

1. Fee structure, Refund Fee, Balance fee, Fee recovery, online fee collection checking.
2. SPPU PR/OR Exam related finance work.
3. Weekly/monthly/yearly Budget, party payment, cash book
4. Staff salary, income tax audit, college audit.
5. Fee regulating authority related work

Staff Related Account Work

1. Pay Bill
2. TDS, Professional Tax, Provident Fund, Gratuity
3. Employee’s Welfare Fund
4. Research Project Grants
5. LIC Group Insurance Policy

Accounts & Finance Activity

1. Maintenance of Accounts of Institution
2. Financial Transactions
3. Banking
4. Petty Cash Advance & Settlement
5. Internal & Statutory Audit, Compliances, Finalization of Accounts Budget
6. Submission of Proposal of Fees To Hon’ble Shikshan Shulka Samiti.

Institutional Account Work

1. Hostel
2. Store-Stationery
3. Fulfillment of Statutory Requirement EPF, ST, eTDS Etc.
4. Insurance Property, Equipment
5. Works Related to Examination Finance

Account Section procedure to deal with financial aspects

  • To inform the financial position of the college to the Registrar, Principal and the Management whenever required or requested.
  • To Examine and ensure that the financial norms and code are followed by the section or the department
  • To prepare and present budget estimate with the requirements collected from all Head of Departments .
  • To Prepare the budget and income - expenditure statements, maintain all accounts and get them audited.
  • To scrutinize all bills of expenditure before recommendations for payment
  • To watch progress of the expenditure of fees grants etc.
  • To ensure various payments made from the college funds are within budget provision an with the sanction of competent authorities.
  • To attend the correspondence with state, Central Govt, U.G.C. and other higher authorities with the assistance of the Assistant accountant.
  • Liaison with other of finances such as Income Tax, Professional Tax, Provident Fund etc.
  • To prepare bank reconciliation statement budget and final accounts of funds.
  • To ensure accuracy in bank reconciliation statement and budget final account assigned

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