Search icone
Search and publish your papers

Professional integration at the accounting department of Belgium Renault-Trucks

Or download with : a doc exchange

About the author

General public

About the document

Published date
documents in English
12 pages
General public
0 times
Validated by
0 Comment
Rate this document
  1. Introduction
  2. The origins of the financial crisis: explanations
    1. Allocation of risky "subprime" mortgages
    2. Securitization of bad loans
    3. Market liquidity
  3. IFRS
    1. Traditional accounting models
    2. International standardization: is fair value "scapegoat" of the financial crisis?
  4. What is the future for fair value?
    1. Criticism of the IASB: a lack of anticipation of the adverse effects
    2. Reforms in fair value

The purpose of this report is to present the progress of the course within the accounting department at Renault Trucks-VI Belgium as part of a bachelor's degree in management accounting.

This company is specialized in the field of Renault trucks, for the purchase, sale, maintenance, and troubleshooting. This internship gave the opportunity to test the ability to analyze and synthesize, and make a comparison between theoretical and practical applications.

The author of this report worked at Renault Trucks as a Junior Accountant in Benelux. The duties were varied: from being the manager, accounting provider of Belgium, cost accountant, short-term provider for Belgium and Holland, investments and chargeback for Belgium and Holland.

As part of the job, there was also an opportunity to study the supplier accounting, and customer accounting for a month, SAP, billing and implement a VAT return with the accounting client.

The accounting software used by Renault Trucks-VI BelgiumNavision, is found to be really simple and effective compared to software Winbooks. At the start of the working day the company recieves invoices for the Renault Trucks- VI Belgium and these are prepared by highlighting the key elements. These include the total VAT, the invoice number, date, order number, name of person, telephone number, e-mail etc.

Once this is done, each vendor invoice number within the company that is in the software Navision is noted on the invoice in the top right. If it is a new supplier, it will be given a new provider number and meet all company data in the software, that is to say create a new supplier record.

For an existing provider, it can either go directly to the comment in which all the information is found on accounting for invoices from this supplier or to see how the previous bills were recorded to account for the new bill, it is possible especially when such recurring billing for electricity, water,

The difficulties arise in case of a new supplier or a bill for which there is no information on its accounting. So the person to whom the bill is intended will have to be contacted or contact the vendor for as much information as possible about its services or its goods delivered.

Renault Trucks, the approval of bills is done through software Argus, its progress is done through a sticker on the bill that has to be scanned and given an approval number in the Navision software.

Tags: Professional internship at the accounting department of Belgium Renault-Trucks, day to day account of job profile

Similar documents you may be interested in reading.

Business appropriateness in the Mexican food market

 Economics & finance   |  Economics   |  Term papers   |  11/30/2010   |   .doc   |   48 pages

World War I: Initiation, Fighting, Casualties, Armistice

 Politics & international   |  Political science   |  Case study   |  04/30/2014   |   .doc   |   30 pages

Recent documents in accounting category

Group auditing: Tiger pride enterprises

 Business & market   |  Accounting   |  Case study   |  03/29/2016   |   .doc   |   9 pages

Accounting for Customer Incentives

 Business & market   |  Accounting   |  Presentation   |  07/21/2015   |   .doc   |   2 pages