Qualified Financial Accountant with more than More than 10 years of increasingly responsible experience in accounting and finance. Experienced in bookkeeping, tax preparation and returns. financial reporting, fixed asset management, account reconciliation and payroll management. Capable professional with expertise in many of the most common accounting software programs.
1. Wait for the vendor bill and when you receive the bill like if the vendor bill was for March 2023 but you received the bill on April 5 2023 simply open vendo...
Bank are reconciled even since my joining in December 2022. I reconciled the banks the problem is that the opening balance does not add up. This is coming from ...
I am an accountant. I know I can handle this thing through journal entries, but I want to avoid doing it this way. I was looking for a more automated route. Any...
I am facing a similar issue.Actually We paid two vendor bills first, the bank debited the amount and then the bank credited the amount. We paid the amount, but ...
The general entry for any accrual expense is:First Entry:Debit: ExpenseCredit: Accrued Liability AccountPayment against accrued liability next monthSecond Entry...