Author Topic: Fianance Summer Job  (Read 2234 times)

Offline amy.mym

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Fianance Summer Job
« on: June 30, 2009, 10:24:38 am »
Hey

I have a problem

I'm only an IGCSE Senior student and working in a summer job in a company. They have put me in the Finance department and I'm stuck with the huge financial terms and procedures

Can someone please explain to me the " Payment " procedure in a very simple " SENIOR " way , so that I could understand cause my boss is gonna ask me about the procedures of " Payment "

My boss said that he wants me to explain it based on inputs - process - outputs and to link it with the General Ledger and how it all works

I'm desperate and I'm gonna owe anyone who can explain it to me

Thanks alot

But remember , I want it explained in a " Senior " way so that I could understand and look like a pro  :P infront of my boss lool
 

Offline ExamPapersGeek

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Re: Fianance Summer Job
« Reply #1 on: July 12, 2009, 08:13:34 am »
you posted in the wrong category of the forum
just make a clear report showing the ammount of money coming in, for example via sales, etc... the assets that the business owns, and other things that can be sold.
then make a part for costs etc..., and possible costs, etc... then write a report on what you think will happen on the near future.