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  • Activity 1: Sangster, John Steven R Entreprenuership 11-ABM

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    Gabriel Baluyo
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    This document contains information about keeping business records and the responsibilities of a bookkeeper. It notes that accurate records are needed to track a firm's growth, sales, and necessary adjustments. Maintaining good records can increase a firm's chance of success. The responsibilities of a bookkeeper include reviewing timesheets and inventory, entering and paying bills, providing invoices, making deposits, reconciling accounts, scanning documents, and categorizing transactions on a daily or weekly basis.

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    This document contains information about keeping business records and the responsibilities of a bookkeeper. It notes that accurate records are needed to track a firm's growth, sales, and necessary adjustments. Maintaining good records can increase a firm's chance of success. The responsibilities of a bookkeeper include reviewing timesheets and inventory, entering and paying bills, providing invoices, making deposits, reconciling accounts, scanning documents, and categorizing transactions on a daily or weekly basis.

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    3 views1 page

    Activity 1: Sangster, John Steven R Entreprenuership 11-ABM

    Uploaded by

    Gabriel Baluyo
    This document contains information about keeping business records and the responsibilities of a bookkeeper. It notes that accurate records are needed to track a firm's growth, sales, and necessary adjustments. Maintaining good records can increase a firm's chance of success. The responsibilities of a bookkeeper include reviewing timesheets and inventory, entering and paying bills, providing invoices, making deposits, reconciling accounts, scanning documents, and categorizing transactions on a daily or weekly basis.

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    © All Rights Reserved
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    SANGSTER, JOHN STEVEN R

    ENTREPRENUERSHIP
    11-ABM

    Activity 1

    1. Why do we need to keep business records?

    To track the development of your firm, you need accurate records. Records can indicate
    whether or not your firm is growing, which products are selling, or what adjustments you
    need to make. The chance of a firm succeeding might rise with good records.

    2. Create a table outlining the bookkeeper's daily and weekly responsibilities.

    ⚫ REVIEW EMPLOYEE TIMESHEETS

    ⚫ ENTER AND PAY BILLS

    ⚫ SCAN DOCUMENTS AND RECEIPTS

    ⚫ PROVIDE INVOICES FOR YOUR CUSTOMERS

    ⚫REVIEW INVENTORY

    ⚫ MAKE DEPOSITS

    ⚫ RECONCILE BANK ACCOUNTS

    ⚫ KEEP A CHECK ON YOUR BUDGET

    ⚫ CATEGORISE TRANSACTIONS

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