Scott Ledger

qualified graduates of accounting at the request of the interviewer “Are there questions you would ask?” usually respond with “What are my rights and responsibilities”

Be careful’ Some interviewers intentionally mentions nothing about the duties and responsibilities To test the response of candidates’ The less confident in the face’

Generally candidates respond: “You’re lucky, I am an investigator and an accountant training’ So I can say what the duties and responsibilities of an accountant ”’ but if I’m the boss’ I know nothing about of accounting’ A friend, I applied for an accountant on Monday that the company is growing’ Now do not you tell me what the meter is supposed to do’ Is not it a profession? not teach you things like that in school’ Imagine if our society is the recruitment of a doctor in the house and the candidate asks: “What does a doctor do?”‘

Another issue for the favorite candidates for the interviewer “Are your accounts up to date?”

I quickly replied, “No’ They are very late and very dirty’” And see the reaction on the face of the candidate’ Some show a lack and insecurity’ And then added “if our bills are so beautiful and we do not need to update an accountant with us?”

Candidates must learn to listen carefully and place of all the problems by the investigator during the interview’ If there is a phrase your question carefully and ask the question mark at the session open’

Do not think about the problems you may have heard, read or whatever from somewhere and ask the interviewer’ Remember, after two or three years can have a reunion at the other end’ Think about what you like in a candidate during an interview’

the book is to save the first transaction income, purchases and money’ The books and documents to prove these operations are called the documents for the first time in the business of books by an accountant’

Recording income

A bill of sale is a document’ In the most advanced technical terms such as day books, records, accounts receivable and credit control are important, but at the level of basic books and is the act of recording the number of business books ‘

One day of sales is a magazine sales invoices issued by the company and the logging level of financial transactions is all that is needed in May for a small company’ A simple list of these bills, which is described in a single system’

A system is a system of single entry with a minimum assay of total turnover’ An accountant or accounting entries in May these smaller organizations, but the documents are often maintained by the owner of the company’

Larger organizations in May days and keep the books, but also enter into a billing system and software to do so’ In the package of financial accounting, sales not only appear as a list of the total income, but you can also register for sales’

Each invoice shall be allocated to individual customers’ The debtor, in this moment represents the value of the goods or services sold to each customer’

Purchase invoices

A purchase invoice is a purchase and a book is an updated list of purchase invoices received from suppliers’ The invoice for the purchase of books days no financial analysis of the types of expenses’ As such, a simple book buying days would be a good starting point for a simple set of accounts, but require a little more sophisticated analysis required by type of expenditure for the financial and budgetary control’

A system for the purchase invoices is a single-entry system has also had columns to analyze spending in the categories of expenditures required by the tax rules under which the accounts have been prepared’

Medium and large organizations need to monitor and control of purchase invoices to control costs and payments’ In a mirror of the sales ledger invoices also be used by the supplier in a purchase log’ The easiest way is to assign a number to each supplier of code for the software can recover amounts owed to each supplier, vendor ledger accounts to purchase’

Cash and Bank

Apart from the mere entry of sales and purchases is to register a company in its books of receipts and payments and banking’ The third field is the largest bank in the reception or slipping, given or received’ May these documents take many forms of body roll under a deposit to a bank, but all are evidence of money changing hands’

In a small business, cash and banks can be kept separately to other premium accounts’ In a simple model of the box or the bank that would be similar to banks, but the names of customers and suppliers, or if multiple clients, for example, then the source of the money received or paid’

Large organizations, in particular, using software code and the receipt of each payment to the same customer and vendor code used to produce the sales ledger and purchase ledger’ In addition to saving money and banking of cash and bank accounts of money received and paid are also recorded in the register of sales and purchase ledger’

By recording the cash and bank transactions in the books of customers and suppliers documents that make up the books and then show the balance of each account and the recording of financial transactions in this way is the other side of system of double entry’

A small company does not require sophisticated accounting and financial control for the use of a single entry as opposed to a system of double entry accounting income can simply store the list of sales invoices and payments in the list of bills purchase’

Basic accounting using single entry of the first document would be appropriate for small businesses, needs very little knowledge of accounting and when they are paid by the owner of the company rather than an accountant or an accountant can save money,