ACKNOWLEDGEMENT

I thank Professor JAHAR BAGCHI, Dean of KUSOB for providing facility to undertake this project. At the outset I would like to acknowledge with due regards and respects to my guide SUSHANTA KUMAR NANDI, Asst. Professor, KUSOB, for being the source of inspiration for the entire duration of the course. I wish to thank Shapoorji Pallonji & co. ltd, Kolkata for permitting me to do project work in their esteemed organization. It is my duty to thank PRADEEP SATHIA, DCM (ACCOUNTS), C.A SHRAVAN BHAGAT, DEPUTY GENERAL MANAGER, Taxation and also CHANDAN DAS ASSOCIATE MANAGER (HR) of the company who gave me an opportunity to undertake this project and also for their valuable and timely guidance. I also thank other employees of the company who helped me with the information for doing the project. Also my sincere thanks to my Parents, family members, friends and fellow students who gave their moral support in completing this project.

MD ABDUS SUBHAN

BONAFIDE CERTIFICATE

Certified that this Project report titled RECEIVABLE MANAGEMENT is the bonafide work of MD. ABDUS SUBHAN, who carried out the research under my Supervision. Certified further, that to the best of my knowledge the work reported herein does not form part of any other project report of dissertation on the basis of which a degree or award was conferred on an earlier occasion on this or any other candidate.

Faculty Guide SUSHANTA KUMAR NANDI, ASST. PROFESSOR, SOB

Dean of KUSOB PROFESSOR JAHAR BAGCHI

EXECUTIVE SUMMARY

The major objective of the study is to proper understanding the receivable management of shapoorji pallonji & co. ltd and to suggest measures to overcome the shortfalls if any. Receivables may refer to the amount due from individuals and companies. Receivables are claims that are expected to be collected in cash. A survey was conducted to gather the notions of people about having written credit policy, methods to judge credit worthiness, revision of credit limits. Project also discusses how the receivables are monitored in the firm using the ageing technique. . In this project I have gone through all the factors and steps which are part of a billing process. I have also studied how the company make invoice to the client & make payment to the sub contractors. I have also understood the penalties the company is liable for the wrong PAN card provided by the sub contractors at the time of paying TDS to the government. I have also come to know that shapoorji pallonji & co. ltd (Kolkata regional office) is a separate profit centre. Another important thing is the bank guarantee which plays an important role in shapoorji pallonji & co. ltd (Kolkata regional office). Having a bank guarantee simply means zero percent risk. Another important thing that I have learn is the working capital management which enables the company to continue its operation and that it has sufficient cash flow to satisfy both maturing short term debt and upcoming operational expenses.