accounnts (Cash Book, Bank reconciliation, ,administration, dataentry ,etc. I can work in the said field.Possess strong analytical and problem solving skills, with the ability to make well thought out decisions. Excellent written and verbal communication skills. Highly trustworthy, discreet and ethicalPossess strong analytical and problem solving skills, with the ability to make well thought out decisions. Excellent written and verbal communication skills. Highly trustworthy, discreet and ethicalPossess strong analytical and problem solving skills, with the ability to make well thought out decisions.Financial statements. A reporting group within the department creates adjusting journal entries to bring the company's initial financial results into compliance with the applicable accounting framework, writes footnotes to accompany the financial statements, and releases financials following the end of each reporting period. Internal reporting. A cost accounting staff can provide considerable value by calculating the profitability of various products, product lines, services, customers, sales regions, stores, and so forth. The areas of analysis may change on a regular basis, so that management can view different aspects of the business, with an emphasis on improving financial results. Payables. The payables staff collects supplier invoices and employee expense reports, verifies that the billed amounts are authorized for payment, and issues payments to recipients on scheduled payment dates. These employees also watch for early payment discounts, and take the discounts if it is economical to do so. Payroll. A specialized group collects time worked information from employees, as well as pay rate information from the human resources department, calculates tax and other deductions from employee pay, and issues net pay amounts to employees, either in cash or via checks, pay cards, or direct deposit. Taxes. A specially-trained group of accountants estimates the amount of taxable income that the business is likely to generate, and periodically remits income tax payments to the government, based on this estimated amount. The tax group also issues tax filings in a number of other areas, such as franchise taxes, sales taxes, use taxes, and property taxes.