W10 Day 49 of Nana's Internship

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Week 10 Day 49 (12 Jun 2025)


Activity


- Keyed 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 complete the one for May smoothly. However, I hit a roadblock with June’s reconciliation due to some missing payment vouchers. This experience reminded me how vital complete documentation is in accounting work. Even one or two missing pieces can delay the entire process and affect the accuracy of financial records. It also made me realize the importance of cross-checking with source documents as I go and communicating promptly with supervisors or clients when documents are incomplete. Despite the small hurdle, I feel more equipped to handle such issues and will follow up to ensure June’s reconciliation can be completed soon.

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