tasks assigned for the current week :
1 – Account payable : referring to the tasks done previously, and in order to understand the way to work in A/P I do practice in the same tasks which were mentioned . In addition , I was assigned to communicate with logistic department to check the Purchase orders and get the tax invoice after the good received . checking the payment terms and make the payments accordingly .
2. Journal entries : work on journal entries especially general expenses and unidentified collection which we book in a temperorary account till the details provided then transfer to the customer’s account . work on payroll journal entries and GOSI entries and got better understanding in the natural of these accounts .
3- closing entries for advance payments and vat
4- have a look and go into financial statements and try to undserstand the nature of financial statements which can be generated through chart of accounts in system .
5 – Restricted Goods Clearance: working on it to get permission to release the import goods .
6- reconcile some suppliers’ general ledgers and make sure that their balances shown in their Statements matching with ours.