1. Accurate Recording of Financial Transactions

• Maintain daily records of all financial transactions (sales, expenses, payments, etc.).
• Ensure entries are complete, accurate, and up-to-date using accounting software.

2. Preparation of Financial Reports

• Generate basic reports such as cash flow statements, income statements (Profit & Loss), and balance sheets.

3. Bank Reconciliation

• Regularly reconcile bank statements with the company’s books to detect discrepancies and prevent fraud or errors.

4. Payroll Assistance

• Assist in payroll preparation by keeping track of employee hours, deductions, and government contributions (SSS, PhilHealth, Pag-IBIG, BIR).

5. Compliance with BIR and Other Government Agencies

• Maintain organized records for tax filing and audits.
• Support the timely filing of:
• VAT/Percentage Tax (Monthly/Quarterly)
• Income Tax Returns
• Withholding Taxes (1601-E, 1601-C, etc.)

6. Accounts Payable and Receivable Management

• Track and manage company expenses and income.
• Monitor due dates and follow up on unpaid invoices or outstanding bills.

7. Support During Audits

• Ensure all financial documents are properly filed and accessible for internal or external audits.