Internship Report on Financial Management and Sustainable Retail Operations of The Community Magasin, Uttara

Abstract

Below is the report of my Summer Internship at The Community Magasin (TCM), under Accounts & Finance. Meanwhile, I have practiced diversified financial activities such as writingup daily record, dealing with purchase and payables vouchers, and drawing stages flow statement. My internee’s object was to enhance my skills and experience and these technical tasks learned how to use Tally prime by accounting also financial management system while working in a retail store. I have covered a lot of functions as posting day to day transaction, voucher preparing and supplier ledger maintenance while Reporting to my Manager. During my internship, I have gained handy technical skills i.e. knowledge of accounting software, keeping cash flows in mind and making the financial paperwork tidier than before. Additionally, I developed time management, multitasking, and organizational skills as well a the imperative value of communication that would be beneficial in a challenging work environment. Despite the nice experience of working with it and despite all its simplicity, some problems still could be noticed that any company has to deal with in their businesses: slow data entry work which involves a lot of effort; the unwillingness of people to take part in simplified process where there no personal attitude, etc. I assured to do solve the issues such as automation of data entered, How we can drive Employee Engagement programs with monitoring versions backed up weekly and meet everyday so that he’ll see productivity in efficiency/output level. This internship is very helpful to me for I can get development in my career and let me know more about the accounting and finance in retail. The gained knowledge allows me to gain information which will help on my future career.