Activity

The term Accounting Technician is recognised through their Association in the United Kingdom (AAT). The designation, along with the one for Chartered Accountant is used primarily in the United Kingdom, although the title is also used on the United States. In the United States, a similar job is a professional bookkeeper or accounting clerk. Similar United States certificate to the AAT is issued through AIPB. American Institute of Professional Bookkeepers (AIPB).

Profile

Accounting technicians must create entry-level accounting work in accounting or finance departments. Their focus should be relative to data entry, accounts receivable as well as payroll, accounts payable and accounts receivable. In some offices, they serve as office managers for generally small-sized businesses, since it is considered advantageous that there is an office director with an understanding of accounting concepts. There are also a lot of accounting technicians that hold managerial positions over employees with no degree, or even clerk-level accounting staff. Similar positions of responsibility to accounting technicians include bookkeeper or accounting clerk, office manager and accounting analyst.

Functions

Verfahrensdokumentation Kasse

The duties associated with the position are based on accounts payable. They are responsible for determining and record bills, the invoices of vendors and liabilities. With regard to the department of accounts receivable, they’ll keep track of payments, invoices and create old reports on receivables. Their roll as a payroll officer, will involve payroll figures and liabilities, in addition to the withholding of taxes, reports and the preparation of the payroll cheque runs.

Additional Functions

A greater focus should be placed on data entry, as well as the check for errors , and reconciliations of accounts. Since the task is of a repetitive nature, a keen eye for specifics is necessary! They’re required to identify and correct accounting errors, usually caused by mistakes in data entry. This calls for an analytical mindset which is essential for a skilled Accounting Technician. It is also mandatory that they carry the basics of auditing. They might be responsible for the monitoring of payable and receivable accounts, bank deposits and balances as well as for spotting any irregularities. Additionally, they are accountable for the maintaining of the correct separation of roles and the procedures related to internal control. As and when any irregularity is discovered, then it is generally their perogative to initiate an investigation.

Required Knowledge

Generallyspeaking, reports on financials are prepared by professional accountants with degrees as part of their duties. Although Accounting Technicians are rarely involved in the preparation and examination of financial reports, they must be familiar with the process of the creation of them and the account from which they came from? This does assist them in the processing and entering of transactional data, as well as in the detection as well as corrections to any mistakes that might occur, in the case of an unbalance.