Maintains records of financial transactions by establishing accounts; posting transactions; ensure legal requirements compliance.
-Maintains subsidiary accounts by verifying, allocating, and posting transactions.
-Balances subsidiary accounts by reconciling entries.
-Maintains general ledger by transferring subsidiary account summaries.
Maintain an accurate record of financial transactions
Update and maintain the general ledger
Reconciliation of entries into the accounting system
Recording of debits and creditsJournal Entries GuideJournal Entries are the building blocks of accounting, from reporting to auditing journal entries (which consist of Debits and Credits)
Maintain the trial balance, by a reconciliation of general ledgers
Account reconciliation to assert the accuracy of transactions
Use knowledge of local laws to comply with reporting requirements