W9 Day 42 of Nana's Internship

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Week 9 Day 42 (03 Jun 2025)


Activity


- Adjusted a client’s account in the UBS system after Ms. Chan reviewed and pointed out some corrections.

- Retrieved supporting documents such as credit notes from the audit department to verify discounts allowed on specific invoices.

- Printed official exchange rate information (MYR to USD) from Google to support journal entry adjustments involving USD transactions.


Key Learning


- Understood how to retrieve and apply credit note documentation to make accounting entries more accurate.

- Learned the importance of using reliable sources when referring to exchange rates for foreign currency transactions.

- Gained more experience in using the UBS system to make necessary client adjustments.


Reflection


Today involved a mix of hands-on accounting adjustments and interdepartmental communication. After Ms. Chan reviewed one of the client’s accounts, I amended the entries using the UBS system, which helped sharpen my accuracy when correcting financial data. I also interacted with the audit department to obtain necessary documents such as credit notes, which were needed to verify discounts applied to certain invoices. It was my first time directly requesting documents from another department, and it made me realize how crucial collaboration is between accounting and audit teams. Additionally, I sourced the official exchange rate from Google to ensure proper conversion for USD-related journal entries. This reminded me that every small detail like a currency rate can significantly affect the accuracy of financial records. Overall, it was a meaningful learning day that helped strengthen both my technical and communication skills.

 
 

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