Chapter 1

Planning and Controlling Your Workload

In This Chapter

arrow Using checklists

arrow Filing and processing your sales and purchases invoices

arrow Entering your banking transactions

arrow Reconciling your bank account

arrow Tackling month-end journals

arrow Setting up systems and controls for your business

arrow Separating duties

As a bookkeeper, you need to work in an orderly manner and be aware of which jobs need doing on a daily, weekly and monthly basis, which is why checklists are so useful. You need to do certain jobs on a daily basis, depending on the size of your business; for example, entering invoices. Other jobs are done on a monthly basis, such as reconciling your bank account. Most businesses receive only one statement once a month and wait until they’ve received it before they reconcile their bank account. ...

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