Week 15
Week 15 (14 July - 18 July 2025) Day 71: W15 Day 71 of Nana's Internship Day 72: W15 Day 72 of Nana's Internship Day 73: W15 Day 73 of Nana's Internship Day 74: W15 Day 74 of Nana's Internship Day 75: W15 Day 75 of Nana's Internship
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W15 Day 75 of Nana's Internship
Week 15 Day 75 (18 Jul 2025) Activity - Continued keying in the bank paid transactions from October to December 2024 based on the bank statement provided by the client. - Generated the bank reconciliation for those respective months to ensure all records matched and were properly accounted for. Key Learning - I further enhanced my understanding of the flow of cash out transactions, especially how to properly record them and ensure they are categorized under the correct expense or payment type. - I learned how essential it is to stay organized and systematic, especially when working on multiple months at once any small oversight can affect the final bank balance and lead to confusion later. Reflection Today was another data-heavy day, and I felt a strong sense of rhythm as I worked through the last quarter of the year’s transactions. It was a bit challenging to maintain focus while reviewing line after line of figures, but I reminded myself that accuracy is more importa...
W15 Day 74 of Nana's Internship
Week 15 Day 74 (17 Jul 2025) Activity - Continued keying in the bank paid transactions from August to September 2024. - Generated bank reconciliation for the respective months. Key Learning - Gained deeper understanding of how bank paid transactions are categorized and recorded, especially when dealing with bulk monthly entries. - Improved my efficiency in performing bank reconciliation and learned how to trace discrepancies quickly by identifying missing or incorrect entries. - Strengthened my patience and focus, which are essential when working on detailed tasks over extended periods. Reflection Today was another intense yet fulfilling session of data entry and reconciliation. As I continued inputting the bank paid transactions, I became more mindful of the patterns in client spending—monthly bills, ad-hoc payments, recurring transfers—and how each movement impacts the overall financial picture. While keying in transactions may seem repetitive at times, I’ve come to ...
W15 Day 73 of Nana's Internship
Week 15 Day 73 (16 Jul 2025) Activity - Continued keying in the bank paid transactions starting from May until July 2024, which I left off yesterday. After inputting the data, I proceeded to generate the bank reconciliation for those months to ensure the records matched with the bank statements. Key Learning - I strengthened my ability to trace and verify financial transactions, ensuring they align with the bank statement. - I also improved my familiarity with the bank reconciliation process, especially how to identify and resolve discrepancies between the ledger and the actual bank records. - This process taught me the importance of maintaining accuracy month by month to avoid a backlog of mismatched records later on. Reflection Today was another step deeper into the real-world responsibilities of accounting work. As I continued with the bank paid entries and reconciliations, I found myself getting more comfortable recognizing patterns in transaction flow and understa...
W15 Day 72 of Nana's Internship
Week 15 Day 72 (15 Jul 2025) Activity - Settled KWSP (EPF) matters for a client since today was the final day for EPF, SOCSO, and EIS submission. I assisted with the KWSP registration issue, where the client did not receive the activation code, requiring extra follow-up and coordination. - Continued keying in the bank paid transactions for May 2024, but the task remains incomplete and pending. - Amended accounting records for another client to recalculate tax payable, as there were adjustments needed in the income and expense records. Key Learning - I learned how to troubleshoot issues with KWSP registration, especially when clients face system problems like not receiving the activation code. I realized the importance of following up promptly and knowing the alternative solutions. - I gained more insight into how tax payable is affected by adjustments in account records. Even small changes in income or deductible expenses can significantly alter the final tax am...
W15 Day 71 of Nana's Internship
Week 15 Day 71 (14 Jul 2025) Activity - Continued keying in bank paid transactions based on the bank statement for the period from February to April 2024. - Filled in employer and employee details for a client in the PERKESO portal to proceed with first-time registration. Key Learning - Learned how to navigate and fill out the PERKESO registration portal, which gave me exposure to government-related procedures. - Strengthened my ability to match transaction details with bank records precisely to avoid reconciliation errors. - Improved my attention to detail, especially when dealing with multiple employee records and legal information for statutory registration. Reflection Today was quite productive and also a little intense, especially when handling government registration on the PERKESO portal. I realized how easy it is to overlook small details that could cause complications later, which made me more alert and meticulous. It felt satisfying to be trusted with ...