W3 Day 11 of Nana's Internship

Week 3 Day 11 (21 April 2025)


Activity


Ms. Chan taught me how to key in the monthly EPF amounts into the payroll Excel file to calculate the director’s and employee’s salaries by working backward.

Continued keying in the bank-in and bank-paid transactions for the client’s company from January to April.


Key Learning


Learned how to use EPF amounts to calculate salaries in reverse.

Gained practical experience working with payroll files in Excel.

Improved understanding of monthly statutory contributions and salary breakdowns.

Continued practicing bank-in and bank-paid transaction entries.

Strengthened attention to detail by handling payroll and banking records.

Enhanced Excel skills through real accounting tasks.

 

Reflection


Today, I learned a new payroll-related task from Ms. Chan. She taught me how to enter the monthly EPF amounts into the Excel payroll file and calculate the director’s and employee’s salaries by working backward. It was interesting to see how EPF figures can be used to estimate gross salary, and it helped me understand payroll from a different perspective. I also continued entering bank-in and bank-paid transactions for a client’s company from January to April. Handling both payroll and transaction data in one day sharpened my focus and improved my confidence in managing detailed records with care.


 

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