I am a bookkeeper assistant that works part-time for an Australian IT firm. By creating sales invoices, checking that they match bank transactions, and properly encoding them into the system, I maintain the record of invoices. I also create purchase invoices and enter the client's bill payments, properly audit the documents that need to be paid, and daily reconcile the transaction to see if any adjustments or corrections are required. They have three banks: the PHP bank, the US bank, and the AU bank. Because the PH and US banks are not fed directly into the XERO System, I import the bank statements in a CSV format and manually reconcile them.I occasionally handle the payroll process, but the accountant does so more frequently because the salaries we handle are for the directors, not the employees; instead, the salaries for employees are processed as a single payment, and the outsourcing company here in the Philippines that oversees the employees will be the one to distribute the salaries. Since I have attended numerous seminars on Activity Statement for BAs and IAS, I will have ideas for easier understanding, and the accountant who handles me is also providing some insights on how to process the transaction, I am certain that I can comprehend and process the BAS and IAS.
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