Perfect Example

I really encountered a challenging case while doing account reconciliation of a company. Its documents are very complex. On the on hand, there are some items entered in the QBs but are not in the bank statement. On the other hand, there are some items in the bank statement but are not in the QBs. Furthermore, the owner uses various cash accounts for both business and personal purposes, and cash is mutually transferred among those accounts. Finally, with my boss help, I understood how to solve that problem. This is really a perfect example  for me to practice how to reconcile an account in real life.

Norms and News

To be an intern, what did I additionally learn through the projects of how to audit proof and tax tips for small businesses.

That is  clearly understands valid deductions that are offered by the government and how to document those to defend the deductions in case of audit. Indeed, I have opportunities to review and further deeply understanding  important concepts related to tax treatment , such as business vs. hobby, employee vs. contractor, repairs vs. improvement. I also learned how to well document expenses, like auto and home office expenses, meals and entertainment.

That also is adding my knowledge of tax by frequently updating information relevant to tax breaks.

Improvement & Experience

With assignments of doing data entry in QuickBooks, I have had opportunities to improve my skills in using QuickBooks. After one month being as an intern, I recognize that I do faster and more accurately. I also gain experience in how to clarify the accounts related to unclear items while entering data through register. To do that, I need to put everything which do not clear in uncategorized expenses account and then review them with the client.

Internship – Benefits

“Not only does an internship allow you to work hard and gain experience, but it also allows an employer to experience how hard of a worker you are.”

R.J. Calvo, Health Educator, City of Lubbock Health Department

Internship – Why?

Why is internship important?

Because it is a realistic and practical approach to the training process:   Improvement – Norms – Training- Experience – Reality – News

Our Interns

The Bee Bookkeeping & Income Tax Service interns are an integral part of our business.  They allow us to offer the best possible service to our clients, while learning new skills and gaining on the job experience.  As a vital part of our team interns use this forum to keep us up to date on what they have been doing, giving feedback regarding their internship, as well as suggestions on what more they would like to accomplish.

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