Book Keeping
Develops system to account for financial transactions by establishing a chart of accounts; defining bookkeeping policies and procedures. Maintains subsidiary accounts by verifying, allocating, and posting transactions. Balances subsidiary accounts by reconciling entries
The creation of financial transactions includes posting information to accounting journals or accounting software from such source documents as invoices to customers, cash receipts, and supplier invoices. The bookkeeper also reconciles accounts to ensure their accuracy
Adding, subtracting, and basic arithmetic is crucial. Computer Skills: Preparing and producing spreadsheets and using bookkeeping software will be necessary. Confidentiality: You will know the inner workings of a company's financial documents.
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Develops system to account for financial transactions by establishing a chart of accounts; defining bookkeeping policies and procedures.
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Maintains subsidiary accounts by verifying, allocating, and posting transactions.
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Balances subsidiary accounts by reconciling entries.
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Maintains/Balances general ledger by transferring subsidiary account summaries & by preparing a trial balance; reconciling entries.
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Maintains historical records by filing documents.
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Prepares financial reports by collecting, analyzing, and summarizing account information and trends.
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Contributes to team effort by accomplishing related results as needed.
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Tag and monitor fixed assets
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Pay supplier invoices in a timely manner & Take all reasonable discounts on supplier invoices
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Pay any debt as it comes due for payment & Monitor debt levels and compliance with debt covenants
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Issue invoices to customers & Deduction taxes from customers and remit them to the government
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Ensure that receivables are collected promptly
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Record cash receipts and make bank deposits
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Conduct a monthly/periodic reconciliation of every bank account & all accounts to ensure their accuracy
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Maintain the petty cash fund
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Create information for external accountant who creates the company’s financial statements/Also create financial statements
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Assemble information for external auditors for the annual audit
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Calculate and issue financial analysis of the financial statements
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Maintain the chart of accounts/orderly accounting filing system/annual budget/payroll in a timely manner
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Calculate variances from the budget and report significant issues to management
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Comply with local, state, and federal government reporting requirements
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Provide clerical and administrative support to Customer as requested