A STUDY ON ACCOUNTING

PROCESS WITH SRI RANGA

ENTERPRISES

SUBMITTED BY
PRERANAM
TITLE SLIDE

A Study on Accounting Process with Sri Ranga Enterprises

Submitted in Partial Fulfilment of the Requirement of

Bachelor of Commerce Degree of Bangalore University
By: PRERANA.Μ
Reg No: U03D02100487
Guided by: SHOBHA MS, Faculty of Commerce
Department of Collegiate Education, Government First
Grade College, Vijayanagara, Bangalore

Date: 12-06-2024
INTRODUCTION

ACCOUNTING DATA ENTRY

Data entry involves the input of various

information into computer systems. Accounting
encompasses the process of recording,
organizing, presenting, and analyzing financial
transactions of a business. The primary objective
of accounting is to provide precise financial
reporting, facilitate decision-making, and ensure
compliance with regulations.
COMPANY PROFILE OVERVIEW
Sri Ranga Enterprises, established in 2008, is a dynamic real
estate firm that excels in residential and commercial property
management, brokerage, and facility maintenance services.
With a strong commitment to innovation and sustainability, the
company aims to revolutionize the real estate sector through
cutting-edge technology and eco-friendly practices.
Embodying values like customer-centricity, teamwork, integrity,
and transparency, Sri Ranga Enterprises sets high standards for
service delivery and client satisfaction. The company’s
dedication to excellence and forward-thinking approach
positions it as a leader in the industry, poised for continual
growth and success in the ever-evolving real estate landscape.
COMPANY SWOT OVERVIEW
• Strengths:
• Opportunities:
• Good reputation
• Growing demand for properties
• Experienced team • Expansion into new areas
• Many property listings • Using technology to improve services

• Strong customer service • Partnering with other businesses

• Weaknesses: • Threats:

• High costs • Competition from other companies

• Limited area of operation • Economic downturn

• Changes in government regulations

• Outdated technology
• Cybersecurity risks
• Dependence on market trend
DESIGN OF THE STUDY
• Objectives
• Methodology
• Developing proficiency in data entry
and management skills, understanding
• Secondary information from enterprise data
and Google.
data entry software, attention to
detail, improving analytical skills, and
understanding data security. • Limitations
• Limited time span, insufficient case study
• Scope information, time constraints in data entry
procedures.
• Study conducted at Sri Ranga
Enterprise, Magadi Road, Tavarekere
DISCUSSION POINTS ON DATA ENTRY
EXPLORING THE NUANCES OF DATA ENTRY IN ACCOUNTING PROCESS

Automation in Data Entry

Data Security Measures
*Use software to automate repetitive
*Protect sensitive financial information
tasks
*Use access controls and encryption
*Reduce errors and increase efficiency
 KEY ASPECTS FOR BETTER UNDERSTANDING

Accuracy Timeliness
*Enter data correctly to avoid errors. *Enter data regularly to stay up-to-date.
*Double-check entries for mistakes. *Make informed business decisions with current data.

Verifications Training
*Reconcile data with bank statements and *Provide training on accounting principles and
invoices. software.
*Verify accuracy of financial records *Ensure staff are knowledgeable and efficient.
PERSONAL EXPERIENCE AND CONTRIBUTION
Assisted in accounting processes, maintained
accurate financial records, and supported the
team in administrative tasks, gaining hands-on
experience in the real estate industry.

As an accounting processor intern, I streamlined

invoice processing, reducing errors by 25% and
increasing payment efficiency by 10%. I also
assisted in budgeting and forecasting,
providing accurate financial insights to support
business decisions.
CONCLUSION AND LEARNING OUTCOMES

Data entry practices learned include

accurate data entry, database
management, quality assurance, and data
security. The internship emphasized the
importance of data accuracy for decision-
making and operational efficiency. Key skills
developed include attention to detail, time
management, teamwork, and communication.
Thank
You