My Internship E-Logbook Report

Week 3 (21 April - 25 April 2025) Day 11:  W3 Day 11 of Nana's Internship Day 12:  W3 Day 12 of Nana's Internship Day 13:  W3 Day 13 of Nana's Internship Day 14:  W3 Day 14 of Nana's Internship Day 15:     W3 Day 15 of Nana's Internship

Week 3 Day 15 (25 April 2025) Activity -  Continued keying in cash payments related to the client’s company. - Made corrections to the reference numbers after realizing a mistake — bank statement transactions must use "PV" (Payment Voucher) while cash transactions must use "PC" (Petty Cash). - Discussed the problems I encountered during data entry with Ms. Chan, who explained and helped solve them with me. Key Learning -  Improved accuracy in handling cash and bank transaction entries. - Learned the importance of using the correct reference codes ("PV" for bank and "PC" for cash). - Strengthened problem-solving skills by seeking clarification when encountering errors. - Enhanced understanding of proper accounting procedures through supervisor guidance. - Developed confidence in identifying and correcting mistakes independently.   Reflection Today, I continued keying in the cash payments for a client’s company. While working, I realized I had made...

  Week 3 Day 14 (24 April 2025) Activity -  Continued keying in the bank-in and bank-paid transactions for the client’s company from November to December. - Inquired about the client’s purpose for visiting and guided the client in completing the necessary signature. - Checked and identified the transaction that caused the bank balance in December to not tally in the SQL system, then made the necessary adjustment. Key Learning -  Maintained attention to detail by accurately completing year-end bank-in and bank-paid entries. - Improved communication skills through direct interaction with a client. - Learned how to investigate and resolve discrepancies in bank balances. - Developed problem-solving skills by identifying and adjusting errors in the accounting system. - Gained practical experience in finalizing and reviewing year-end financial data.   Reflection Today, I continued with the final months’ bank-in and bank-paid transaction entries for the client’s company, wr...

  Week 3 Day 13 (23 April 2025) Activity -  Continued keying in the bank-in and bank-paid transactions for the client’s company from August to October. - Helped a colleague solve an issue related to an imbalance in the debtor aging report, where the client’s trade payables were recorded in Excel. The debtor aging will be used later in the auditing process. Key Learning -  Maintained consistency and accuracy while entering financial transactions. - Improved understanding of debtor aging reports and their role in audits. - Learned how to identify and correct imbalances in accounting records. - Gained experience in collaborating with colleagues to solve real-world accounting problems. - Strengthened Excel skills while enhancing teamwork and communication in a professional setting.   Reflection Today, I continued entering the bank-in and bank-paid transactions from August to October for a client’s company. While working, I also helped a colleague resolve an issue with an...

  Week 3 Day 12 (22 April 2025) Activity -  C ontinued keying in the bank-in and bank-paid transactions for the client’s company from May to July. -  Ms. Amber spoke with me about the auditing job scope and helped me gain a better understanding of accounting. -  I discussed a problem with Ms. Chan regarding a client who made an insufficient payment for electricity bills. I shared my idea on how to solve it and asked for her opinion on whether my decision was correct. Key Learning -  Continued developing accuracy through consistent transaction entry work. - G ained knowledge about the scope of auditing and its role in accounting. -  Learned how to identify and approach real accounting issues, such as underpayments. -  Practiced problem-solving and decision-making by proposing a solution. -  Improved communication by discussing and seeking feedback from a supervisor. -  Became more confident in giving opinions and participating in decision-maki...

Week 3 Day 11 (21 April 2025) Activity -  Ms. Chan taught me how to key in the monthly EPF amounts into the payroll Excel file to calculate the director’s and employee’s salaries by working backward. -  Continued keying in the bank-in and bank-paid transactions for the client’s company from January to April. Key Learning -  Learned how to use EPF amounts to calculate salaries in reverse. -  Gained practical experience working with payroll files in Excel. -  Improved understanding of monthly statutory contributions and salary breakdowns. -  Continued practicing bank-in and bank-paid transaction entries. -  Strengthened attention to detail by handling payroll and banking records. -  Enhanced Excel skills through real accounting tasks.   Reflection Today, I learned a new payroll-related task from Ms. Chan. She taught me how to enter the monthly EPF amounts into the Excel payroll file and calculate the director’s and employee’s salaries by workin...