Practical Analysis of Accounting Processes in Nepal’s FMCG Sector

Abstract

This report gives a thorough overview of my cooperative education serving as an Accounts Intern in the Debtor Team at United Distributor Nepal. Management of Accounts Receivable, Bank Guarantee Process, Invoice Reconciliation and tax compliance were among the major financial tasks that were the focus of my job role. I was able to contribute my efforts and skills to the company’s financial efficiency and regular standards while gaining practical experience in FMCG company’s accounting procedure through this internship.

This report summarizes my key responsibilities such as processing the income entry, KYC/OD/ODC updates and coordinating with various departments in the company. It also focuses on the challenges that i faced and the skills that i developed in SAAP system.

Finally, this report outlines how effective financial management and process optimization greatly improves the operational efficiency in Nepal’s FMCG distribution industry. It also highlights how crucial it is to have accuracy and teamwork in accounting day to day operations.

Keywords: United Distributor Nepal, Bank Guarantee, Account receivable, Invoice Reconciliation, FMCG, SAAP, Financial Management.

Ms. Mahima Munankami 6408040040, Advisor by: Mr. Ashutosh Mishra, บธ.บ. การเงินและการลงทุน (หลักสูตรนานาชาติ) – B.B.A. Finance and Investment (International Program), บริหารธุรกิจ (Business Administration), บริหารธุรกิจบัณฑิต สาขาวิชาการเงินและการลงทุน (หลักสูตรนานาชาติ) – Bachelor of Business Administration Program in Finance and Investment (International Program), 2/2567 (2024)