Archive about 'Others'

Revision Notes On Cost Behaviour

Costs can be classified in several different ways
The total of the direct costs is known as PRIME COSTS
The indirect costs of a business are also known as OVERHEADS
Cost that vary with the level of economic activity are known as VARIABLE COSTS
Cost that do NOT change with the level of economic activity are known as  FIXED [...]

Main Duties Of An Accounts Receivable Officer/Specialist

Main Duties Of An Accounts Receivable Officer/Specialist:-

Overall management of customer accounts including:
Researching open transactions and reconciling to customer contracts
Monitoring receivables and making daily collection calls and updating company records
Following [...]

Main Duties Of An Accounts Payable Clerk

Main Duties Of Accounts Payable Clerk

Match, audit, enter and reconcile invoices/ expense reports received for payment for assigned accounts ensuring discounts are maximized wherever possible and proper authorization is evident
Liaising with Materials Management to [...]

Accounting Supervisors like Accounts payable/Accounts receivable supervisors / accounting supervisor

Main Duties:
Supervisors in this unit group perform some or all of the following duties:

Implement efficient working processes and co-ordinate, assign and review the work of clerks engaged in the following duties: administering accounts payable and receivable; processing, verifying and [...]

Main duties Of Payroll Clerk

Main duties Of Payroll Clerk:
Payroll clerks collect, verify and process payroll information and determine pay and benefit entitlements for employees within a department, company or other establishment. They are employed by payroll administration companies and by establishments throughout the private and public sectors.

Payroll clerks perform some or all of the following duties:

Maintain records of [...]

Main Duties Of An Accounting & Related Clerk

Accounting and related clerks calculate, prepare and process bills, invoices, accounts payable and receivable, budgets and other financial records according to established procedures. They are employed throughout the private and public sectors.
Accounting and related clerks perform some or all of the following duties:

Calculate, prepare and issue documents related to [...]

Basic Duties Of Sales Ledger Clerk

Return to Summary Of Listing Of Accounting Job Specification
Append below is the basic duties of a Sales Ledger Clerk:

Match dispatch notes to customer orders
Generate sales invoices
Allocate customer payments to the correct invoices
Produce Aged Debt Report
Send out Customer Statements (either to all customers or just those with overdue accounts)
Write off bad debts 

Basic Duties Of Purchase Ledger Clerk

Return to Summary Of Listing Of Accounting Personnel
Append below is the basic duties of a Purchase Ledger Clerk:
Basic Duties Of A Purchase Ledger Clerk

Log all the purchase ledger invoices (either on paper or into the accounts system) that have been received.
Match  invoices to the Goods Received Note (GRN) and/or have invoices signed off for payment
Code up [...]

Listing Of Accounting Job Specification

In the Career section of this accounting blog, the readers would have a good grasp of a list of criteria to justify themselves to be in the Accounting Profession
Similarly, like any other legal or professional profession, there are many different levels of responsibility in the accounting profession.
A typical set up of accounting personnel in a [...]

Exam Tip: Good And Effective Presentation Techniques For Better Examination Results

A key skill in accounting is the ability to clearly communicate information to management. Hence, the examiners will expect candidates to demonstrate such communication skills in answering examination questions. In examinations there may well be specific marks within the marking scheme for careful presentation of answers in the required format. The following formats have being [...]