My Internship E-Logbook Report

  Week 10 (09 June -  13 June 2025) Day 46:  W10 Day 46 of Nana's Internship Day 47:  W10 Day 47 of Nana's Internship Day 48:  W10 Day 48 of Nana's Internship Day 49:  W10 Day 49 of Nana's Internship Day 50:  W10 Day 50 of Nana's Internship

Week 10 Day 50 (13 Jun  2025) Activity -  Continued generating the bank reconciliation statements for the first bank account, covering the period from June to December. - Prepared and organized documents for client signature related to the completed personal income tax calculation. Key Learning -  Strengthened my understanding of how to match bank transactions with accounting records for reconciliation purposes over an extended period. - Learned the proper way to prepare client documents for tax matters, including how to ensure all necessary pages and confirmations are ready for signing. - Gained insight into the importance of accurate documentation and presentation when dealing with personal income tax compliance. Reflection Today I made steady progress with the bank reconciliation task for the first bank account, successfully working through the months from June to December. It was a time-consuming process, but I’m getting more confident in...

Week 10 Day 49 (12 Jun  2025) Activity - K eyed in payment vouchers for the entire month of May and part of June into the accounting system for a client’s business. - Continued working on the bank reconciliation reports for the company, focusing on the period from May to June for both bank accounts. Key Learning -  Gained more familiarity and speed in keying payment vouchers accurately while ensuring the correct categorization of expenses and payees. - Strengthened my understanding of bank reconciliation procedures, especially in identifying discrepancies between bank statements and internal records across different months. - Learned how consistent documentation and proper data entry support smooth reconciliation and reduce time spent on error correction. Reflection Today was a mix of progress and a bit of a standstill. I managed to complete the payment voucher entries for May and began working on June. As I moved on to generate the bank reconciliation reports, I was able to c...

  Week 10 Day 48 (11 Jun  2025) Activity -  Started a new task assigned by Ms. Chan, which involved preparing bank reconciliation statements for the company. This included reconciling the cash book with bank statements for two different bank accounts from March to April. Key Learning -  Understood the process of bank reconciliation, including how to match recorded transactions with bank statements and identify timing differences or discrepancies. - Learned to handle multiple bank accounts and ensure accuracy across different sets of records. - Became more confident in identifying common reconciliation items like outstanding cheques or uncredited deposits. Reflection Today I was given a new responsibility which is generating bank reconciliation reports for two of the company’s bank accounts. At first, I felt a bit unsure, especially since I had to handle both accounts at once and compare a lot of transactions across the cash book and bank statements. However, as I wen...

  Week 10 Day 47 (10 Jun  2025) Activity -  Completed the account work for the previous client by finalizing all entries and ensuring everything was properly organized for audit and tax purposes. - Received guidance from Ms. Amber on how to calculate tax payable for personal income tax. She explained the logic behind each step and how to refer to the correct tax rates and relief items. - Attempted to prepare the tax schedule myself to calculate the tax payable for that client based on the information provided. - Communicated with the client to clarify and confirm certain personal and financial details required for accurate tax reporting. - Learned more about tax-related software such as MyTax, including how to navigate the platform and what key details are submitted through the system. Key Learning -  Gained a clearer understanding of how personal income tax is calculated, including chargeable income, reliefs, and tax rates. - Learned to prepare a tax schedule manual...

Week 10 Day 46 (09 Jun  2025) Activity -  Completed the audit schedule by finalizing the remaining sections, including Amount Due to Director, Sales, Purchase, and recurring Annual Expenses. This ensured that all major accounts were properly supported and reconciled for audit review. - Sorted, photocopied, and organized all relevant supporting documents to match the journal entries I had previously keyed in. This was to ensure that every transaction was backed by clear documentation, making it easier for the audit process to proceed smoothly. - Began a new accounting task assigned by Ms. Amber involving a different client. I reviewed the new documents and started preparing the work papers needed for data entry and account preparation. Key Learning -  Developed a stronger understanding of how to prepare a complete audit schedule, ensuring each section ties back accurately to the trial balance and general ledger. - Reinforced the importance of maintaining proper docume...

  Week 9 (02 June -  06 June 2025) Day 41:  W9 Day 41 of Nana's Internship Day 42:  W9 Day 42 of Nana's Internship Day 43:  W9 Day 43 of Nana's Internship Day 44:  W9 Day 44 of Nana's Internship Day 45:    W9 Day 45 of Nana's Internship