A full-charge bookkeeper is responsible for maintaining a company’s financial records. A person in this position is usually in charge of maintaining a company’s books and keeping accurate records of the company’s income, assets, and expenses. He is usually in charge of reconciling a company’s bank account once a month. A full-charge bookkeeper’s job description often includes analyzing ledgers, creating reports, and correcting any errors found. A full-service bookkeeper can also manage a company’s payroll and taxes.
A full-charge bookkeeper’s job entails keeping accurate company records for the most part. He could keep track of the money the company receives or expects to receive, as well as the money the company owes to others. Expenses for payroll, equipment and supplies, and taxes are just a few of the things a full-charge bookkeeper may keep track of. He can keep track of payments received for the purchase of products and services, refunds, money owed by debtors, and earnings on any business investments when it comes to the money a company receives.
A full-charge bookkeeper is usually also responsible for balancing a company’s books. This usually entails creating a balance sheet, which lists the company’s assets and liabilities. The owner’s equity in the company is also listed on the balance sheet, indicating the amount of capital the owner has invested in the company.
A bookkeeper’s job also includes bank reconciliation. A bookkeeper typically compares the amounts listed in bookkeeping records to the bank statements of a company. This is done to ensure that a company’s financial records are kept current, accurate, and complete.
A full-charge bookkeeper’s job entails a significant amount of verification. He could be in charge of verifying expenses as well as money and assets received by the company. His job also entails ensuring that the information in a company’s records is correct. He is usually expected to find and correct any errors that are present.
A person with the title of full-charge bookkeeper frequently has responsibilities for a company’s payroll and taxes. He could be limited to simply recording information about a company’s payroll, or he could also be in charge of making payments. A bookkeeper is often also in charge of filing a company’s tax payments.