Accounts Assistant

About the Job

Accounts Assistant - Grimsby - £17,000 to £18,000

THE COMPANY
Brewster Pratap is currently recruiting an experienced Accounts Assistant for an expanding organization based in Grimsby.​ Close to the town centre but with with easy access from the A180 and Grimsby, Immingham and Scunthorpe.​

THE JOB
Reporting directly to the Finance /​ General Manager, the role will be to take full responsibility for the day-to-day accounting functions using Sage including month end procedures.​ Duties include:
- Purchase ledger, processing and payments
- Sales ledger and credit control, including new sales account administration
- Payroll for 30+​ staff monthly
- Petty cash control
- Cashbook maintenance and reconciliation
- Bank reconciliation, daily
- VAT returns
- Month end ledger reconciliation and reports using Sage

Accounting Equation

Accounting equation is

Assets = Liabilities + Shareholders' Equity (owner's equity)

The assets within the accounting equation are the resources that an organization has out there for its use, like money, assets, mounted assets, and inventory.

The company pays for these resources by either incurring liabilities (which is that the Liabilities a part of the accounting equation) or by getting funding from investors (which is that the Shareholders' Equity part of of the equation). Thus, you've got resources with countervailing claims against those resources, either from creditors or investors. All three parts of the accounting equation seem within the record, that reveals the monetary position of a business at any given purpose in time.

Accounting Transaction

Any activity which effects the financial position of business is called transaction. For Example: Purchase of Goods, Sale of Goods, Paid Rent, Paid salary, Purchase machinery

An accounting transaction is  a business event having a financial impact on the monetary statements of a business. it's recorded within the accounting records of the business. samples of accounting transactions are:

Corporation Business

A corporation is a limited liability business that has a separate legal personality from its members. Corporations is an organization that can be either control by government or privately control, and corporations can be operate either for profit or not for profit. A corporation that is privately owned and control that are for profit purposes are owned by shareholders who elect a board of directors to direct the corporation and hire its managerial staff of the corporation.

Partnership Business

A partnership is a business which is done by two or more people. In partnerships each partner has unlimited liability for the debts which is taken by the business from bank or other party. The three typical classifications of partnerships are partnerships, partnerships with limited liability and partnership with unlimited liability.

Sole Proprietorship Business

A sole proprietorship is a business which is done by individual person for profit. The owner of the business may run the business alone or may have a employees. The liability of sole proprietorship for the debts incurred by the business.

Basic forms of Business

Sole proprietorship Business

A sole proprietorship is a business which is done by individual person for profit. The owner of the business may run the business alone or may have a employees. The liability of sole proprietorship for the debts incurred by the business.

Partnership Business

A partnership is a business which is done by two or more people. In partnerships each partner has unlimited liability for the debts which is taken by the business from bank or other party. The three typical classifications of partnerships are partnerships, partnerships with limited liability and partnership with unlimited liability.

Corporation Business

A corporation is a limited liability business that has a separate legal personality from its members. Corporations is an organization that can be either control by government or privately control, and corporations can be operate either for profit or not for profit. A corporation that is privately owned and control that are for profit purposes are owned by shareholders who elect a board of directors to direct the corporation and hire its managerial staff of the corporation.