Project meeting14 15 16 July (by DAWN PHUA)

14 July 09

Lets go all the way back to tuesday of this week (: We stayed back to do the adjustment of the sales and sales return category, as we grouped the wrong sales category to the wrong debtors, therefore we had to adjust the entries in the AR adjustment. At first, we were a little hestitant due to the fact that we had to make adjustment, we were afraid that it might affect the figures or mixed up the entries. But we still went ahead with it ! (: And all went well, i believe. (:

15 july 09

We were back in the lab, checking on the AR entries again. All are good . Next we headed to do the void cheques. After much trial and error and we decided to put it in the GL, as it made most sense to us. After which, we checked out recurring enteries and balance day adjustment entries. We added a few more recurring enteries and then we are done ! (: Satisfied , so we saved a back up of the updated and almost final report. After which, we tried to post, to check out the required reports in the list of required documents. Also, we were looking through the internal control and decided to edit them tomorrow. And we're off to print the reports !

16 july 09

And yes, this is the 16th, which is just 1 day away from submission. Firstly, not forgetting to mention we printed the reports yesterday, and i have to say, it is really thick ! Maybe one of the thickess report we all have done. Okay, and today we started off with GL data entry form. We key in the opening balances, transaction for june 04 and lastly the adjustment entries. I must say, i was really tedious, unless the accpac report which is more brain taxing. Reguardless of that, we completed it as soon. Soon after we took a short break and continued working on the accpac reports. What we did was to highlight and notice the marker of the various errors and adjustment made. And after which, we did the closing of accounts and then printed the new year balance sheet and overall income and expenditure sheet. At the beginning, we were debating about which month or year to use to get the new year figures. After a few suggestion and theory, we decided on 31 july 04. Yes, and i hope we're right. (: Alright, to wrap up, i would like to inform my groupmates about the individual reflection that is due tomorrow 11.55 pm !! Don't forget to login this blog, since we do not have indivdual (i'm sorry, my mistake) blog, we do it here okay?
So, type your names big, huge and visible !!! (:

like this maybe eg' ( Individual Reflection report) BY DAWN PHUA PEI SHAN


yeah, alright ,thats all for now.