W26 Day 128 of Nana's Internship

-

Week 26 Day 128 (01 October 2025)


Activity


- Continued keying in the payment vouchers that were paid by cash for the period of February 2018 to July 2018.

- Checked official receipts to ensure that the recorded amounts tallied with the payments received for the period of August 2017 until July 2018.

- Reviewed and keyed in the cash sales (POS) transactions for the period of August 2017 until September 2017.


Key Learning


- Learned how to reconcile official receipts with payment records to ensure accuracy and detect discrepancies.

- Strengthened understanding of handling cash sales and POS transactions, which require detailed verification to avoid misstatements.

- Gained practical experience in managing large volumes of historical financial data across different months.


Reflection


Today’s tasks deepened my understanding of the importance of cross-checking supporting documents against actual payment records. Reconciling official receipts with received payments showed me how small mismatches, if overlooked, could affect the integrity of financial reporting and client trust. Handling the POS cash sales also gave me a clearer view of how front-end sales transactions are connected to accounting records and how critical it is to ensure their accuracy. Although the process was quite repetitive and detail heavy, I realized that consistency and patience are essential in accounting work. Each entry and verification step contributes to building a reliable financial picture, and overlooking even minor discrepancies could lead to bigger issues later. This experience made me more aware of the discipline required to work with large volumes of data over extended periods while still maintaining accuracy.


Comments

Post a Comment

Popular posts from this blog

Week 1

-
Image
Week 1 (07 April - 11 April 2025) Day 1:  W1 Day 1 of Nana's Internship Day 2:  W1 Day 2 of Nana's Internship Day 3:  W1 Day 3 of Nana's Internship Day 4:  W1 Day 4 of Nana's Internship Day 5:  W1 Day 5 of Nana's Internship
Read more

W1 Day 1 of Nana's Internship

-
Image
Week 1 Day 1 (07 April 2025) Activity -  Ms. Chan, a staff member from the Accounting Department, gave a briefing about the company’s activities and the accounting job scope. - Ms. Chan also taught me how to prepare a full set of accounts for a company and assigned some tasks to me. - I keyed in the company’s payment records into the payment vouchers and supplier payment records. Key Learning - G ained an overview of the company’s operations and the role of the accounting department and learned the job scope and daily responsibilities of accounting staff. - Understood the process of preparing a full set of accounts for a company. - Acquired practical skills in using accounting tools and software. - Practiced entering payment records into payment vouchers and supplier payment records. - Better attention to detail and accuracy in financial data entry. - Learned the importance of proper documentation and record-keeping in accounting. Reflection At the beginning, I felt quite nerv...
Read more