the responsibilities of an account assistant, which include a wide range of tasks related to maintaining accounting records, sales accounting, bank reconciliation, journal accounting, scrutiny of accounts, and more.
1. Sales Accounting:
- Invoicing: Prepare and issue invoices for sales transactions.
- Collection: Record payments received from customers and reconcile accounts receivable.
- Credit Notes: Process credit notes for sales returns or adjustments.
- GST: Calculate and record GST charged on sales transactions.
2. Bank Reconciliation:
- Reconcile bank statements with accounting records on a daily basis.
- Investigate and resolve any discrepancies between the two.
3. Debit Notes:
- Process debit notes for purchase returns or adjustments.
4. Balance Sheet Preparation:
- Prepare balance sheet statements periodically to reflect the financial position of the company.
5. Journal Accounting:
- Pass necessary journal entries for routine accounts, TDS deductions, monthly reports, and salary journals.
6. Scrutiny of Accounts:
- Review and analyze accounts to ensure accuracy and compliance with accounting standards.
- Maintain debtors and creditors ledgers, bank book, cash book, petty cash book, and general ledger.
7. Statutory Books Maintenance:
- Prepare and maintain statutory books of accounts, including reconciliation statements and financial statements.
- Ensure compliance with regulatory requirements and deadlines.
8. Bank Payments Accounting:
- Record and reconcile bank payments made by the company.
