INTERNSHIP TRAINING PROGRAMME AT ASM

HARDWARES - KAMANAICKENPATTI
Internship Training programme report submitted in partial fulfilment of
the requirement for the award of degree

“BACHELOR OF COMMERSE (PA) ”

Submitted by,
A. Raju,
202PA148
Department of Commerse PA,
G. VENKATASWAMY NAIDU COLLEGE (Autonomous)

DEPARTMENT OF COMMERSE

G. VENKATASWAMY NAIDU COLLEGE (AUTONOMOUS),

Reaccredited by NAAC with ‘A’ Grade,
DBT – STAR Sponsored College.
(Affiliated to Manonmanium Sunaranar University)
Kovilpatti

Internship Report
 JUNE – 2022

Dr. T . Sreeranga Nachiyar, M.Com., M.Phil., PhD,

Department of Commerce,
G. Venkataswamy Naidu College

__________________________________________________________________________

CERTIFICATE
This is to certify that Mr. A. Raju has completed the internship programme at
ASM HARDWARE, KAMANAICKENPATTI and submitted the internship report as
per the requirement of the G. Venkataswamy Naidu College (Autonomous),
Kovilpatti in partial of Degree of bachelor of Commerce for the academic year 2020-
2023.

Signature of Internal examiner Head of the Department

Date: Date:

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 ACKNOWLEDGMENT
I thank GOD, who showered his grace upon me and extended his helping hand in each step
for the completion of my internship training programme. I extend my sincere thanks to Dr.
Venkasalapathi, Director (SFC), G. Venkataswamy Naidu College, Kovilpatti for having the
golden opportunity to take up this esteemed institution and finally my formatters and friends
for their guidance and support.

I take this opportunity to extent my heartfelt to Mr. Sockrates, M.Com., M.Phil, PGDCA,
SET and Head and Assistant professor of the Department of Commerce, G. Venkataswamy
Naidu College who has given this opportunity to do the internship programme.

It's my privilege to thank my guide Dr. T . Sreeranga Nachiyar, M.Com., M.Phil., PhD,
Department of Commerce, G. Venkataswamy Naidu College, for her inspiration positive
criticism, thought full guidance at every stage of my internship training programme.

I sincerely thanks all our department “Teaching and non-teaching staff” for the guidance in
completing our training.

Internship opportunity, we had with ASM HRDWARES, Kamanaickenpatti was a great

chance for learning and professional development. Therefore, we consider our self as very
lucky individuals as we were provided with an opportunity to be part of it. We are also
grateful for having to meet so many wonderful people and professionals who lead as though
this internship period.

We express our deepest thanks to Mr. Sebastian (Admin) ,Mr. A. Michel Charles (Manger)
for taking part in useful decision and giving necessary advices and guidelines and arranged
the facilities to make life easier. We choose this moment to acknowledge his contribution
gracefully.

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 DECLARATION

I hereby declare that the internship training entitled “ASM HARDWARES” submitted to the
department of Commerce at G. Venkataswamy Naidu College (Autonomous)Kovilpatti , for
the award of the degree of Commerce is the original work done by us under the guidance of
Mr. Sebasthiyan Admin of ASM HARDWARES.

This report is for reference only and no part will be published or copied anywhere without a
permission from ASM HARDWARE in Kovilpatti.

Place : Kovilpatti Signature of the candidate

( A. Raju)

Internship Report
 CONTENTS

CERTIFICATE,
ACKNOWLEDGEMENT,
DECLARATION,

CHAPTER TITLE
I Introduction
II INSTITUTE PROFILE
III Day wise report
IV Conclusion
V Day Report Sheet

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CHAPTER -I
INTRODUCTION
Its my gratitude to introduce the Industry which placed in Kamanaickenpatti.
ASM Hardware’s is the well-established Industry which is currently run by Mr.
Seastian.

It was a pleasant time to be in this Industry for that 15 days of internship. I

really loved and Enjoyed the experience which i had in that time. All the types of
business strategies were learned by me.

For this Internship programme Mr. Sebastian was assigned as a guide for me in
this programme. He is a very nice gentleman i have ever seen in business.

In this internship programme they teach not only about the subject but also
about the Business. As a person who has interest in business, I was so much happy to
have this programme.

This Industry is situated 15 km away from kovilpatti.

Every 15 days I had 15 different works, and I was so eager to know more.

My Guide Mr. Sebastian is so much Interested in teaching skills to me.

CHAPTER - II

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Institute Profile:
This Company was established in 2010.

It’s a very known and well-established Industry in Kamanaickenpatti.

This Industry is regularly filing GST and IT and also this industry has a
specific person to handle their accounts and all.

Paid Mentoring sessions will be held in this institute for the purpose of
Business and accounts related things.

Every month nearly 25,00,000 turn over occurs in this company hence they
need one more accountant too. So Each day one of our member Helps the accountant
in that company

For the all component they sell they got direct dealership from companies. So
they sell those products for too low prize.

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CHAPTER - III
DAY WISE REPORT
DAY – 1
Date: 30/06/2022
Time: 9.00 AM to 1.00 PM
Training: Introduction to work and Employee

In the day 1 i went there with lots of happiness and need of experience in the
first day they started my internship training. With the glowing happiness in Mr.
Sebastians Face we started our day.
The First day when we entered into the company the admin invite us and told
regarding all their shop and dealership products.
For all the need to build the House they have products. And all the products
were handled by different persons.
Every half an hour we met one dealers. For Example. Cement – Ramco, Paint –
Asian, Electrical – Orbit, Philips, Crompton, Pluming – Prince, Kisan. Blue Metals –
MS Pipes, MS squire pipes, Roof Sheet, TMT Bars, Cement, Cement sheet and etc.

It was great to see all those companies together. For every minute a customer
enters the company.

With those introduction we complete our First Day.

.

DAY – 2
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Date: 01/06/2022
Time: 9.00 AM to 1.00 PM
Training: Stock Checking

 In the day 2 we received Stock. So we started our internship.

 In this day we were assigned to count and check the received
products. And they told us to give a report to sales manager
Mr. A. Micheal Charles.
 First we count all the items and we checked the invoice and stock.
 After that the invoice and stock matched successfully.
 After that we arranged all those items in appropriate location.
 Here we observed that for different products there are different GST
percentages.
 Nearly 20 Invoices and 100 plus products were separated and
arranged.

DAY – 3
Date: 02/06/2022
Time: 9.00 AM to 12.00 PM
Training: Out Reach

On Day 3 we went for outreach with sales manager Mr. A. Micheal

Charles. On nearby village there a project going on in 100x120 squire feet.
With the fluency and speaking skills of sales manager he successfully
convinced the Engineer to buy our products.

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 In this day sales manager showed us about the thing how to convince
people even in critical situations.
That was a wonderful moment to convince the engineer. Even the
Engineer cant disagree for the offer.

DAY – 4
Date: 03/06/2022
Time: 9.00 AM to 1.00 PM
Training: Billing

A perfect Billing steps as follows

1. Access the daily shipping log in the computer system.

2. Scan the details for each shipment to ensure that it is ready for billing.
If so, flag the records as billable transactions.
3. Access the billing module and call up the preview screen for each pro-
spective invoice that is to be printed.
4. Verify that all prices have been approved by the order entry staff. If not,
match the listed prices against the official corporate price list, and ob-
tain approval for any variances from this list.
5. Add a freight charge, unless the order is flagged as being prepaid or to
be picked up by the customer.
6. Verify that the code for the customer's sales tax is correct, and adjust it
if necessary.

Invoice Printing
1. Select the option in the billing software to print all flagged invoices.

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2. Position the company's official billing invoice form in the printer.
3. Run a test print to ensure that the billing forms are properly positioned
in the printer.
4. Print the entire invoice batch and verify that they printed correctly.

DAY – 5
Date: 04/06/2022
Time: 9.00 AM to 1.00 PM
Training: Account Tally Process
For Tallying those account we maintain those steps to over come
differences in accounts.

● Booking-keeping of all transactions, including creating and main-

taining invoices
● maintaining bill-wise payment information
● Processing transactions for banking, including cheque manage-
ment and reconciliation
● Managing cost and profit centres
● Implementing statutory and interest calculations
● Viewing Balance Sheet, and profit and loss account
After a long time with the help of Mr. Micheal Charles we over come
that error in account.

DAY – 6

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Date: 05/06/2022
Time: 9.00 AM to 1.00 PM
Training: Preparing Bill for Auditing
This day we were assigned to organize bills and o hand over it to
Auditor for auditing.

All working papers and schedules should be organized and prepared to be

submitted For Example.

 General ledger
 Fiscal year budgets
 Invoices and bills
 Transaction records
 Financial statements

DAY – 7
Date: 06/06/2022
Time: 9.00 AM to 1.00 PM
Training: month wise Bills
For Month wise Bills we were given by set of information’s they are

Report Type Description

Individual party wise – Bill  Select Ledger in the Outstandings
wise outstanding menu
 We will now get a report displaying
bill-by-bill details of all outstandings
for the concerned party along with the
total outstanding amount

Group Outstanding report – To View Group Outstanding Report, select

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 Bill wise outstanding Group in the Outstanding’s menu and then
select the specific group or sub group
Ageing analysis report – Bill  We can also view Ageing Analysis of
wise outstanding Outstanding’s, by defining various
ranges of periods and view outstanding
across the specified time slabs
 Such as 0 to 30 days, 30 to 45 days
and 45 to 75 days and so on
 To View Ageing Analysis Report , go
to Gateway of Tally  > Display  >
Outstandings  > Receivables or Pay-
ables
 Select F6 (Age wise)
 Specify Ageing Methods and the Peri-
ods

DAY – 8
Date: 07/06/2022
Time: 9.00 AM to 12.00 PM
Training: Goods listing
In this day we were assigned to list out Goods. for Listing out those
goods list of instructions were given. They are,

 Use information labels and use photos of products

 Store products sold together near each other
 Keep bestselling products close to the front
 Make clear aisles  throughout the warehouse
 Stack inventory higher to make use of vertical space
 Use mobile shelving units for seasonal products
 Use stacking bins for smaller products
 Reduce the number of shipping container sizes
 Provide enough space in the receiving area

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 Continually seek organization improvement opportunities

Though the process initialized slowly we got enough motivation from

sales manager and got good experience in it.
DAY – 9
Date: 08/06/2022
Time: 9.00 AM to 01.00 PM
Training: Out Reach.
Before this session we were instructed with set of informations. Like
the importance of outreach for a company by Mr. A. Micheal Charles.

 Increasing your online presence. This strategy allows you to in-

crease your outreach all over the globe. You can find partners who
will promote your brand to their devoted customer base. This way,
your audience will grow without your participation.
 Improving the quality of content. Through localizing and optimiz-
ing website content, it is possible to attract more users. Evaluate what
successful bloggers and writers do to capture a broader audience.
Modify existing successful strategies to promote your products or
services.
 Personalized approach. It’s necessary to add a human touch to what
you do on the web. With the help of blogs and links, for instance,
you can develop a personalized approach for clients.
 Creating and empowering collaborations. Small businesses can
combine their resources and fill in the gaps for each other to assist in
expanding the customer base.

DAY – 10
Date: 09/06/2022

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Time: 9.00 AM to 01.00 PM
Training: Sales Idea.
It’s a session day in which sales manager instruct us with set of ideas
and problem solving things.
Giving free samples Increases company growth by 50 present.
DAY – 11
Date: 10/06/2022
Time: 9.00 AM to 01.00 PM
Training: Supervisation

(1) To see, they are working, according to plans, policies, programmes, in-
structions and the time schedule,
(2) To guide them at the work if they are doing something inconsistent to
directions given and need help so as to let them able to accomplish their
assigned task, and
(3) To give them directions to get the work done, if necessary.
These are all some important things we have to do in a supervisation

DAY – 12
Date: 11/06/2022
Time: 9.00 AM to 01.00 PM
Training: cGST and sGST
Some lectures were given regarding cGST and sGST.
They are,

Difference CGST GST

Meaning The Central Goods and Service SGST means the

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 tax under GST has replaced the state goods and ser-
existing tax services tax, excise vice tax that has re-
tax, etc. places the existing
tax like the sales
tax, luxury tax, etc.
This tax is levied
by the state govern-
ment.

Collected by Central Government State Government

Benefiting authorit- Central Government State Government

ies

Applicable on Intrastate (Within the state) Intrastate (Within

transaction the state)

Registration No registration, until the No registration, un-

turnover, is exceeding Rs.20 til the turnover, is
lakh (For northeastern states it is exceeding Rs.20
Rs.10 lakh) lakh (For north-
eastern states it is
Rs.10 lakh)

Composition The dealer can use the benefits The dealer can use
scheme up to Rs.75 lakh under the com- the benefits up to
position  scheme Rs.75 lakh under
the composition
scheme

DAY – 13
Date: 12/06/2022
Time: 9.00 AM to 01.00 PM

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Training: Product Delivery
While delivering product we need to confirm some more things
regarding it. They are,
Good Parcel,
Neat Ladling,
Courier Facility,
And etc.
DAY – 14
Date: 13/06/2022
Time: 9.00 AM to 01.00 PM
Training: GST and Bill Creating
Step 1: Create Invoice
From the top menu, select Sales -> Invoice. In the invoice, select the
Branch from which the GST bill is to be issued, if applicable. If the busi-
ness has only one branch, the option for selecting branch will not be avail-
able.

Step 2: Select Invoice Date and Payment Due Date

Select the invoice date and the payment due date. If payment is received
along with invoice, set payment due date as the date of invoice.

Step 3: Select Customer

From the customer menu, select the customer. The drop-down shows the
list of customers already populated on LEDGERS. In case you do not see
the customer in the drop-down list, select Add Customer to add a new cus-
tomer.

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Step 4: Verify Place of Supply
The place of supply determines the type of tax applicable on the invoices,
IGST or CGST and SGST. Place of supply is automatically populated
based on the customers delivery address. In case the customers delivery
address is not available, place of supply would be the suppliers State and
the supply would be treated as an intra-state supply.

Know the difference between interstate and intrastate supply.

In case you would like to select the place of supply, select from the drop-
down list.

Step 5: Select the Goods or Services Supplied

Once the customer is selected and place of supply is determined, select the
goods or services supplied from the drop-down list. If the goods or ser-
vices supplied is not available in the drop-down you can add the item from
the Goods and Services menu.

Once the goods or services is selected, the rate, quantity, discount, IGST or
CGST and SGST applicable for the item will be auto-populated. You can
update discounts if any to compute the final taxable value. If the data is ac-
ceptable, click on the check mark to add the item to the invoice.

Step 6: Update Additional Information

From the options below, change reverse charge is applicable to yes, if ap-
plicable. When reverse charge is applicable, the recipient will be respons-
ible for payment of GST directly to the Government.

In case the supply is an export or supply to SEZ, select the option from the
drop-down. For export supplies, you will also have to provide details of
shipping bill, shipping bill date and port of export.

In case you would like to add any additional charges to the invoice, select
the type of additional charge from the drop-down menu.

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Step 7: Create GST Bill
Once all the details in the page is complete, click on Create Invoice to gen-
erate a GST bill. You will be able to download the document in word and
pdf format after the GST bill is generated.

DAY – 15
Date: 14/06/2022
Time: 9.00 AM to 01.00 PM
Training: Meeting
This day we had a meeting with sales manager and admin and they
wished us a great future.
We got sign for day wise report. With this we end our Internship Pro-
gramme

CONCLUSION

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 In a nutshell, this internship has been an excellent and rewarding
experience. I can conclude that there have been a lot I’ve learnt from my
work at Cemosis. Needless to say, the technical aspects of the work I’ve
done are not flawless and could be improved provided enough time. As
someone with no prior experience with Node.js whatsoever I believe my
time spent in research and discovering it was well worth it and
contributed to finding an acceptable solution to build a fully functional
web service. Two main things that I’ve learned the importance of our
time-management skills and self-motivation.

THANK YOU

Internship Report