My Internship E-Logbook Report

Week 8 (26 May - 30  May 2025) Day 36:  W8 Day 36 of Nana's Internship Day 37:  W8 Day 37 of Nana's Internship Day 38:  W8 Day 38 of Nana's Internship Day 39:  W8 Day 39 of Nana's Internship Day 40:  W8 Day 40 of Nana's Internship

Week 8 Day 40 (30  May 2025) Activity -  Continued keying in the payment voucher (PV) transactions for the client from August 2024 to March 2025 using the SQL system. - Proceeded to key in the bank-in transactions from June 2024 to March 2025 for the same client. Key Learning -  Learned to maintain consistency in documenting transaction dates and references while inputting high volumes of data to avoid confusion later. - Improved my understanding of the flow between payment vouchers and bank-in transactions and how they affect the client’s cash book and bank reconciliation. - Realized the importance of chronological entry when dealing with long transaction periods, especially to ensure accurate monthly tracking. Reflection Today’s task required a lot of focus and patience, as I had to deal with a high volume of transactions for a long period from mid-2024 to early 2025. I began by continuing the payment voucher entries, making sure each transaction was correctly categoriz...

  Week 8 Day 39 (29  May 2025) Activity -  Continued filing client records to ensure all documents are properly organized and updated. - Amended several transactions in the UBS accounting system for a client, based on the updated information received from the company secretary via email. - Started a new task assigned by Ms. Chan, which involved keying in accounting data using the SQL system. Key Learning -  Learned how to apply corrections in the UBS system after receiving revised information, reinforcing the importance of accuracy and timely updates in accounting records. - Practiced using the SQL accounting system for data entry, gaining more familiarity with different software tools used in the field. - Understood that filing and document updates are ongoing processes, essential for maintaining a smooth workflow in accounting operations. Reflection Today was both productive and insightful. I started the day by continuing with the filing work, which helped me stay ...

Week 8 Day 38 (28  May 2025) Activity -  Filed all the documents that Ms. Chan assigned to me, which included personal income tax files for four to five different clients. - Emailed the company secretary to request several documents required for accounting purposes. Key Learning -  Improved my organization skills through systematic filing of tax documents. - Learned how to professionally communicate with external parties (e.g., company secretary) to follow up on necessary documentation. - Understood the importance of complete and well-organized records in supporting accurate accounting and tax work. Reflection Today’s tasks were more administrative, but they were just as important as any technical accounting work. I filed several clients’ personal income tax documents, which required attention to detail and neat organization. It made me realize how crucial it is to maintain proper records not just for compliance, but also for easier referencing during audits or future tax...

Week 8 Day 37 (27  May 2025) Activity -  Started the task that Ms. Chan previously assigned, which involved keying in a client’s accounting data using the UBS accounting system. Key Learning -  Strengthened my familiarity with UBS system functions and data entry processes. - Practiced accuracy and attention to detail when matching entries with client documents. - Learned to manage time efficiently when working independently on important tasks. Reflection Today, I finally had the chance to start the task that Ms. Chan had assigned to me earlier, which involved entering a client’s data into the UBS accounting system. Although this wasn’t my first time using UBS, I still appreciated the opportunity to gain more practice. Since the client’s documents were stored on Ms. Chan’s desktop, I couldn’t begin until she was away from the office today. I made sure to use the time wisely and focused on completing the task without delay. Thankfully, I managed t...

Week 8 Day 36 (26  May 2025) Activity -  Continued keying in all the transactions that I had sorted last week for the client’s business into the Excel file. - Started a new task assigned by Mr. Lim, which involved preparing an Excel file to present the Statement of Profit and Loss and the Balance Sheet for another client. - Took on a new task given by Ms. Chan at my request to help with filing documents in the personal income tax files for several clients. Key Learning - R einforced my understanding of how each transaction recorded in Excel contributes to the overall financial statements.  Gained more confidence in preparing the basic structure for Profit and Loss and Balance Sheet using manual Excel methods. - Learned the importance of systematic document filing in income tax files to ensure clear and traceable records for personal tax purposes. - Recognized how asking for tasks proactively can help me broaden my exposure to different areas of accounting. Reflection Toda...

Week 7 (19 May - 23  May 2025) Day 31:  W7 Day 31 of Nana's Internship Day 32:  W7 Day 32 of Nana's Internship Day 33:  W7 Day 33 of Nana's Internship Day 34:  W7 Day 34 of Nana's Internship Day 35:  W7 Day 35 of Nana's Internship

  Week 7 Day 35 (23  May 2025) Activity -  Continued sorting the client’s business receipts from November to December. - Started keying in the transactions into the Excel file based on the categorized receipts.   Key Learning -  I strengthened my understanding of how to organize raw source documents (like physical receipts) into meaningful categories for accurate data entry.   - Learned the importance of consistency when labelling and recording transactions to avoid errors later in the financial statements.   - Realized that good document management at the beginning of the process makes the rest of the accounting workflow much smoother and more efficient.   - Practiced identifying which expenses belong under which accounts, which helped reinforce my basic accounting classification skills.   Reflection Today I continued working on the remaining receipts from November to December, and honestly, it felt a bit overwhelming at first. There were...

  Week 7 Day 34 (22 May 2025) Activity -  Restored the file I brought home yesterday to continue balancing the client’s account.   - Started a new task assigned by Mr. Lim, which involved sorting the receipts from a new client (January to October) into their appropriate account categories.   Key Learning -  Learned how to manage work files responsibly when working between home and office to avoid data loss or duplication.   - Improved my understanding of how to properly categorize business receipts for accounting purposes, which is essential for accurate financial reporting.   Reflection Today, I restored the file I had taken home yesterday, and I felt genuinely happy and relieved because I finally managed to balance the general ledger and balance sheet. This was something I had been working on for quite a while and achieving that balance gave me a great sense of accomplishment. It was proof that my hard work, patience, and careful checking had pai...

  Week 7 Day 33 (21 May 2025) Activity -  Continued adjusting and checking the double entries for client accounts. - Continued investigating the cause of the imbalance between the general ledger and the balance sheet. - Received a new task from Mr. Lim and Ms. Chan to handle the full set of accounts for a new client. Key Learning -  Strengthened my analytical skills by revisiting and correcting past entries and gained deeper insight into the structure of the general ledger and balance sheet. - Learned that even small errors in entry placement can significantly affect the accuracy of financial reports. - Learned to manage multiple tasks and prioritize under tight deadlines. Reflection Today was quite stressful as the pressure of deadlines started to build up. I’ve been trying to balance the accounts for a client since last week, and despite putting in a lot of time and effort, I still haven’t managed to resolve the imbalance in the general ledger and balance sheet. It’s fr...