Kautilya Institute of Management and Research, Wagholi, Pune(Institute DTE code : MB 6147)

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Accounts Section

The Account section provides the necessary support and guidance to the students from the moment of admission up to the completion and awarding of the degree.
The students are detailed about the entire process of admission as per the DTE rules and regulation and from time to time are informed and reminded about the deadlines for filling the scholarships forms being offered by the government for availing the financial assistance.
The complete fee structure and the other necessary institute related information are provided to the students to smoothen the process of admission. The students are motivated to go digital and avail the e- banking facilities for depositing the fee. The students are also guided and helped in seeking education loan from the banks.
The students are updated about the examination forms and schedules of the examinations.
The details of the transportation facility for comfortable access to the institute are given to the students.
The candidates willing to avail hostel facilities are informed about the hostel fee and the available facilities.

Students Related Account Work

1. Collection of Fees
2. Refund of Fees
3. Scholarship / Freeship / Stipend
4. Fees Structures
5. Prizes to meritorious students
6. Students’ Activities
7. Educational loan from Nationalized banks

Staff Related Account Work

1. Pay Bill
2. TDS, Professional Tax, Provident Fund, Gratuity
3. Employee’s Welfare Fund
4. Research Project Grants
5. LIC Group Insurance Policy

Accounts & Finance Activity

1. Maintenance of Accounts of Institution
2. Financial Transactions
3. Banking
4. Petty Cash Advance & Settlement
5. Internal & Statutory Audit, Compliances, Finalization of Accounts Budget
6. Submission of Proposal of Fees To Hon’ble Shikshan Shulka Samiti.

Institutional Account Work

1. Hostel
2. Store-Stationery
3. Fulfillment of Statutory Requirement EPF, ST, eTDS Etc.
4. Insurance Property, Equipment
5. Works Related to Examination Finance

Account Section procedure to deal with financial aspects

  • To inform the financial position of the college to the Registrar, Principal and the Management whenever required or requested.
  • To Examine and ensure that the financial norms and code are followed by the section or the department
  • To prepare and present budget estimate with the requirements collected from all Head of Departments .
  • To Prepare the budget and income - expenditure statements, maintain all accounts and get them audited.
  • To scrutinize all bills of expenditure before recommendations for payment
  • To watch progress of the expenditure of fees grants etc.
  • To ensure various payments made from the college funds are within budget provision an with the sanction of competent authorities.
  • To attend the correspondence with state, Central Govt, U.G.C. and other higher authorities with the assistance of the Assistant accountant.
  • Liaison with other of finances such as Income Tax, Professional Tax, Provident Fund etc.
  • To prepare bank reconciliation statement budget and final accounts of funds.
  • To ensure accuracy in bank reconciliation statement and budget final account assigned

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