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What to expect on your first Accounting Job
Posted on 11/4/16 at 12:05 pm
Posted on 11/4/16 at 12:05 pm
What are some of the tasks you start off with? If you have no familiarity with accounting software like QuickBooks how far are you in the hole? how much does the environment affect the overall opinion of the job?
Posted on 11/4/16 at 12:06 pm to jamsmiley
posting entries and performing reconciliations
Posted on 11/4/16 at 12:07 pm to jamsmiley
Bank Recs
Monthly AJE's
Quarterly PR Reports for clients
The answer to any and all questions you have will be "Look at last month/quarter/year!"
Monthly AJE's
Quarterly PR Reports for clients
The answer to any and all questions you have will be "Look at last month/quarter/year!"
Posted on 11/4/16 at 12:13 pm to jamsmiley
quote:
If you have no familiarity with accounting software like QuickBooks how far are you in the hole?
They didn't teach you QB in college?
Posted on 11/4/16 at 12:19 pm to jamsmiley
I work extensively with accountants, 50% of their job is reconciling and the other 50% is emailing me questions I've already answered
Good people, just frustrating to send back an email of hte following
Good people, just frustrating to send back an email of hte following
quote:
Les Miles, you can find "XYZ" on the second of two tabs labeled "XYZ." If you have any further questions, let me know
Posted on 11/4/16 at 12:24 pm to southernelite
quote:
They didn't teach you QB in college?
NO i went through an online program
Posted on 11/4/16 at 12:47 pm to jamsmiley
Oh dear.
Well, if you're smart, you'll catch on.
QuickBooks sucks, but it's pretty straightforward. Company > Make Journal Entries. Bank > Reconcile. Reports > pick something.
Pretty much all you need to know as an accounting lackey
Well, if you're smart, you'll catch on.
QuickBooks sucks, but it's pretty straightforward. Company > Make Journal Entries. Bank > Reconcile. Reports > pick something.
Pretty much all you need to know as an accounting lackey
Posted on 11/4/16 at 1:03 pm to jamsmiley
Depends on what the job is.
If you are going into public accounting auditing, a lot of reconciliations and sending out confirmation letters. If you are going into public accounting tax, a lot of depreciation schedules and data entry.
If you going into a corporate environment, expect a lot of bank reconciliations and journal entry posting, as well as helping with month close.
Oh, and no matter where you go, you will be making a lot of C&C (copies and coffee)
If you are going into public accounting auditing, a lot of reconciliations and sending out confirmation letters. If you are going into public accounting tax, a lot of depreciation schedules and data entry.
If you going into a corporate environment, expect a lot of bank reconciliations and journal entry posting, as well as helping with month close.
Oh, and no matter where you go, you will be making a lot of C&C (copies and coffee)
Posted on 11/4/16 at 2:21 pm to southernelite
I think most don't teach QB's. Most are preparing you to be an auditor with the Big 4 or a large regional. You'll never use QB's there.
QB's seems like something you'd learn if you got an Associate degree in Accounting. Not saying it's a bad thing or trying to shite on an Associate's degree. I'm just surprised that you're surprised that he doesn't know QB's.
Knowing QB's is definitely a plus if you're at a local firm.
QB's seems like something you'd learn if you got an Associate degree in Accounting. Not saying it's a bad thing or trying to shite on an Associate's degree. I'm just surprised that you're surprised that he doesn't know QB's.
Knowing QB's is definitely a plus if you're at a local firm.
This post was edited on 11/4/16 at 2:26 pm
Posted on 11/4/16 at 2:24 pm to GenesChin
Not saying this is true in your situation but a lot of times it's because client work papers suck.
Posted on 11/4/16 at 2:39 pm to Jorts R Us
I went to McNeese and hardly anyone there is going to work in B4 so they teach QB in Accounting Information Systems.
Posted on 11/4/16 at 3:23 pm to southernelite
quote:
I went to McNeese and hardly anyone there is going to work in B4 so they teach QB in Accounting Information Systems.
At UNO in the mid 2000s, we had an accounting cycle class and we learned how to use Great Plains (now rolled up in MS Dynamics).
That was the only program I saw.
Posted on 11/4/16 at 3:44 pm to southernelite
quote:
They didn't teach you QB in college?
I'd be shocked if any major colleges were teaching QB to accounting majors. And honestly, I'd be suspect of the quality of education they were getting if they're being taught QB as part of their program.
It's a good skill to have, especially in the smaller public firms, but most accounting majors are going to get jobs in bigger public firms and corporate jobs and most of them will never touch QB.
I worked in a small local public firm and only used QB for maybe 5% of my work. Printing Trial Balances and posting Accountant's Changes was pretty much all I did, and those are pretty elementary.
Posted on 11/4/16 at 3:46 pm to LSUFanHouston
After checking the school's course list they have a course solely on QuickBooks but it is not a required course
Posted on 11/4/16 at 4:19 pm to jamsmiley
They should teach you any software that they use. You will pretty much done doing what they did last year or month. I don't feel like I learned much in college; I learned way more on the job. Maybe that's just me though.
This post was edited on 11/4/16 at 4:22 pm
Posted on 11/4/16 at 5:01 pm to southernelite
quote:
They didn't teach you QB in college?
He must have gone to LSU, amirite?
This post was edited on 11/4/16 at 5:06 pm
Posted on 11/4/16 at 9:53 pm to lnomm34
That's a good one.
I apologize I didn't know that QuickBooks wasn't a thing taught at most schools. McNeese tends to teach skills that it's graduates need entering the local workforce.
I don't think that means I got shortchanged in education. I've worked for a large public accounting firm and now I work in a small niche industry office. My education has served me well and provided me the requisite skills to succeed.
I apologize I didn't know that QuickBooks wasn't a thing taught at most schools. McNeese tends to teach skills that it's graduates need entering the local workforce.
I don't think that means I got shortchanged in education. I've worked for a large public accounting firm and now I work in a small niche industry office. My education has served me well and provided me the requisite skills to succeed.
Posted on 11/4/16 at 10:05 pm to southernelite
I started close to it "bookkeeping". When I asked for more work I found myself hole punching papers and putting documents in alphabetical order. Quit and went into sales
Posted on 11/6/16 at 6:56 am to jamsmiley
As others have said, prepare to do lots of bank recs, depreciation schedules, payroll and sales tax reports, and any other menial task they can assign to you. Also, be prepared to discover that much of what you learned in college has no practical use in the "real world."
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