Wednesday, July 15, 2009

9th june & 12th june

On the 1st day, it was our 1st meeting and there was a little confusion on where and how we should start. After discussing and asking around, we started on the chart of accounts and the opening balances. Afterwhich, we also opened the AR and AP accounts and entered the neccessary details. Before entering the details, we discussed on the tax and credit terms to be entered and also whether the Pinetree provides any cash discount or not.

Then we started on some the transactions until SD7 when we had a bit trouble on figuring out where to enter the transactions, but we managed to figure out after discussion and asking around.

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