Accounting of trader of interior items

Prepare for VAT input credit available items and non creditable purchases.This could be key area for the employer. Prepare on TDS aspects for Jobworks, rate of TDS and due dates for TDS payment as well as TDS quarterly returns as any delay/ non deduction will cause the employer heavy loss of money.

Internal Controls: Keep some registers for usage of materials and authorisation for issues and receipts for such materials. Petty cash book also may help some controls.

If the empolyer is a company, have some basic information about company law.