W2 Day 9 of Nana's Internship

 

Week 2 Day 9 (17 April 2025)

Activity

- Recapped the process of using the UBS system to key in data and made adjustments to additional journal entries for the opening balance of a client's company for the new year assessment.

- Reconfirmed whether the double entries I keyed in were correct by checking the Trial Balance and the Statement of Profit and Loss.

- Started keying in the current year’s assessment transactions and learned how to find supporting documents in the company file, as well as communicate with the client and the company secretary to obtain more documents.

- Received a new task from Ms. Chan to key in data for a new client into the SQL system.

 

Key Learning

- Reviewed and reinforced knowledge of using the UBS accounting system.

- Learned how to make journal entry adjustments to opening balances.

- Strengthened understanding of double-entry accuracy by checking the Trial Balance and Profit and Loss Statement.

- Practiced sourcing supporting documents from physical files and through communication with clients and the company secretary.

- Improved communication skills when requesting necessary information.

- Gained further experience in using SQL system for new client data entry.

- Developed multitasking and prioritization abilities when handling multiple ongoing tasks.

 

Reflection

Today, I revisited the UBS system to ensure I fully understood the process of keying in data and adjusting journal entries for a client’s opening balance in the new year assessment. I double-checked the accuracy of my entries by comparing them with the Trial Balance and the Statement of Profit and Loss. I also began working on the current year's assessment transactions, which involved searching through the company’s files for supporting documents and reaching out to both the client and the company secretary. Communicating with them was a good opportunity to improve my professional interaction skills. Later, I received another task from Ms. Chan involving data entry for a new client in the SQL system. Managing all these tasks helped me strengthen my focus, adaptability, and sense of responsibility.