Karthik Srinivasan

Finance Executive @Inchcape Shipping Services

Chennai, IN

Handling from AP and AR*Account receivable -*Receipt of Cash*: Record the cash received from the customer in the accounting system-*Allocation Application*: Apply the cash receipt to the specific invoices or accounts as per the customer\'s instructions-*Posting the Entry*: Post the journal entry in the accounting system to reflect the cash receipt and allocation.Account payable -*Verify Prefunding Amount*: Confirm the prefunding amount with Citi Bank and ensure it matches your records-*Review Supplier Statement*: Check the supplier\'s statement (SOA) for payment and invoice details-*Match Invoices*: Match the invoices with the prefunding amount in Unit 4 to ensure accuracy-*Reconcile Differences*: Investigate and resolve any discrepancies between the prefunding amount, supplier statement, and Unit 4 records.

SRM Nightingale School

Commerce

Pondicherry University

Master of Business Administration - MBA, Accounting and Finance

SRM IST Chennai

Bachelor of Commerce - BCom, Commerce