Inward collection and charges

Unit 3: Accounting for Bills for CollectionTopic 3 of 4

Browse the Accounting for Banking syllabus

Accounting for Banking

16 units

1 Introduction
2 Accounting for Deposit
3 Accounting for Bills for Collection
4 Accounting for Guarantee and Margin Deposit
5 Letter of Credit (LC)
6 Accounting for Remittance
7 Accounting for Credit and Advances
8 Accounting for Cash Transactions
- Cash books and records
- Bank reconciliation
9 Accounting for Treasury Management
10 Banking Technology Products
11 Concept of BASEL Framework
- BASEL and capital standards
12 Anti Money Laundering (AML)
- AML and legislation
- Know your customer
13 Accounting for Decision Making
- Capital budgeting evaluation
- Cost-volume-profit evaluation
14 Preparation of Financial Statements
15 Financial Statements Analysis
16 Project Work
- Project requirement
- Assignment and preparation

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What the syllabus expects

Inward bills for collection (IBC): concept and importance, Document required for IBC
Service charges and accounting records for inward bills for collection

Inward collection and charges

Bachelor of Business Studies (BBS) — Fourth Year

Subject: Accounting for Banking (ACC 250)

Unit 3: Accounting for Bills for Collection

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

Explain the scope and key elements of inward collection and charges.
Apply the relevant accounting or audit procedures using the stated reporting framework and interpret the resulting evidence.

Curriculum Scope

Inward bills for collection (IBC): concept and importance, Document required for IBC
Service charges and accounting records for inward bills for collection

Detailed Microsyllabus

Inward collection
1. Meaning and role of IBC.
2. Required documents and customer instructions.
3. Verify the collection arrangement.
Charges and entries
1. Calculate supplied service charges.
2. Record receipt, settlement and related entries.
3. Check remittance and collection records.

Curriculum reference: Tribhuvan University, Faculty of Management, revised four-year BBS curriculum, PDF pages 63–66.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit or component allocations apply at their stated level; no separate topic hours or marks are assigned here. Examples involving current laws, rates, institutional products or Nepalese status must identify the relevant period and official materials; no changing numerical or legal requirements are invented here.