Bookkeeping Tasks

Here is a list of bookkeeping tasks that I would like to add to over time as a set of goals to be accomplished by PBooks:

  • Data entry
  • Maintenance of the chart of accounts
  • Bank reconciliation
  • Term closure bookkeeping tasks - closing accounts
  • Creation of reports
  • What else?

Other questions about bookkeeping:

  • How are items-in-transit accounted for? For example, when I transfer from PayPal to a bank account, it is gone from my PayPal account for a few days before it arrives in my bank account. For the time being, I setup a "PayPal Limbo Account" to deal with this.
By on May 28, 2007 4:12 PM

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