Accountant Job Description Sample, skills for an accountant.#Skills #for #an #accountant

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Accountant Job Description

Accountant job description to adapt for your own use. The description outlines what you need to know about the common tasks and general skill requirements for junior accountancy jobs.

Skills for an accountant

The junior accountant position will vary from company to company and within different industries, however the key duties and responsibilities remain standard.

Adapt this job description for your own use.

Skills for an accountant

Responsible for the general accounting function including preparing journal entries, maintaining balance sheet schedules and ledgers and account and bank reconciliations. Assisting with monthly closings and account analysis and supporting the senior accountant in carrying out the responsibilities of the accounting department.

Main Job Tasks and Responsibilities

  • prepare journal entries
  • complete general ledger operations
  • monthly closings and preparation of monthly financial statements
  • reconcile and maintain balance sheet accounts
  • draw up monthly financial reports
  • prepare analysis of accounts as requested
  • assist with year end closings
  • administer accounts receivable and accounts payable
  • prepare tax computations and returns
  • assist in preparing budgets and forecasts
  • assist with payroll administration
  • monitor and resolve bank issues including fee anomalies and check differences
  • account/bank reconciliations
  • review and process expense reports
  • assist with preparation and coordination of the audit process
  • assist with implementing and maintaining internal financial controls and procedures

Education and Experience

  • Bachelor’s degree or equivalent
  • knowledge of accounting principles and practices
  • knowledge of finance principles
  • knowledge of financial reporting
  • Knowledge of local, state and federal laws regarding accounting, finances and taxation
  • technical accounting skills
  • previous experience of general accounting
  • proficiency in relevant accounting software
  • attention to detail and accuracy

A comprehensive job description for the senior accountant job.

Full job description for an accounting clerk job.

Job-Winning Accounting Resume Resources





National Tax Relief – Professional Tax Help for Small Businesses and Individuals

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An IRS Payment Plan is for taxpayers who can’t afford to pay off their entire back tax debt at once or for those who can’t make large payments to the IRS without experiencing an economic hardship. The key word here is hardship. One could say that anyone who is paying back the IRS for past due taxes is experiencing an economic hardship in that there are always more pleasurable things to do with one’s money. Unfortunately, the IRS doesn’t see it that way.

In order to set up a Payment Plan for IRS back taxes and stop collection action. a taxpayer must demonstrate to the IRS that paying all that is due or making excessively large payments to the IRS would result in an undue economic hardship to the taxpayer. This is done by showing that payment of what the IRS is demanding would result in the taxpayer taking food off their family’s table or doing without some other necessity of life to give the money to the IRS instead. Fortunately for many people, this is not that difficult to demonstrate. Other times it is a bit harder, but there is almost always some type of resolution available. If you contact us. we will help you deal with the IRS and correctly complete the right forms to set up a Payment Plan that works for you.

The main benefit of setting up installment payments with the IRS is that it will put you back in compliance and you will no longer have to worry about the IRS knocking on your door. The IRS will have disappeared from your life and there will be no threat of levy and seizure (garnishment) of your wages, bank accounts, or any other property. The harassment by the IRS will be completely over, as long as you continue to make the agreed upon payments.

It is possible that by having us take a look at your financial situation, you may actually qualify for a hardship deferment of collection action and be put on uncollectable status. If this is the case, you would then be completely left alone by the IRS and make no payments. Do not count on this, but it does sometimes work out that way. Furthermore, you will not have to wait long for an answer. According to the IRS’s internal rules, they must answer your request for hardship within ten (10) working days of receipt of your request. THAT IS FAST.

In order to get set up on a really low payment plan or better yet on uncollectable status, you must demonstrate economic hardship to the IRS. You may be asking yourself: “How do I prove economic hardship to the IRS?” Economic hardship according to IRS rules and procedures is when paying the IRS would result in undue or unreasonable hardship to you, the taxpayer. As a taxpayer, you may think that not paying off your VISA debt or a loan from Aunt Mary and giving that money to the IRS instead is unreasonable, but the IRS doesn’t see it that way – and they never will.

To view this in the proper perspective, you must look at it from the way the IRS Collections folks do. You see, they have all the power and hold most of the cards. What you have going for you are some reasonable outs provided by Congress and the IRS to keep the system efficient and within the bounds of reason. It is not efficient for the IRS to spend its time and money trying to collect a large sum of money from somebody who has no way of paying so large of an amount. The IRS and Congress have provided for this by instituting Payment Plans. The key is to make sure it is a Livable Payment Plan that you can afford and continue to pay without defaulting. This is what National Tax Relief makes sure of. You do not want to get coerced into a Payment Plan by a revenue officer in which the payments are so high that you will not be able to keep them up in the long run. If you get into a Payment Plan and later default, then you will be in bigger trouble than before.

How to Qualify for a Payment Plan or Uncollectable Status

You must show the IRS on the proper forms that your allowable expenses are equal to, or only slightly less than, your income. This is how you show the IRS that you can pay them only an “affordable and livable amount” without “undue economic hardship. Your allowable expenses are what the IRS considers the necessities of life. In general, they are: food, clothing, housing, utilities, transportation, medical, insurance and work-related expenditures. It is our job at National Tax Relief to help you get into a Payment Plan that fits your budget and gets you out of debt.





National Tax Relief – Professional Tax Help for Small Businesses and Individuals

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An IRS Payment Plan is for taxpayers who can’t afford to pay off their entire back tax debt at once or for those who can’t make large payments to the IRS without experiencing an economic hardship. The key word here is hardship. One could say that anyone who is paying back the IRS for past due taxes is experiencing an economic hardship in that there are always more pleasurable things to do with one’s money. Unfortunately, the IRS doesn’t see it that way.

In order to set up a Payment Plan for IRS back taxes and stop collection action. a taxpayer must demonstrate to the IRS that paying all that is due or making excessively large payments to the IRS would result in an undue economic hardship to the taxpayer. This is done by showing that payment of what the IRS is demanding would result in the taxpayer taking food off their family’s table or doing without some other necessity of life to give the money to the IRS instead. Fortunately for many people, this is not that difficult to demonstrate. Other times it is a bit harder, but there is almost always some type of resolution available. If you contact us. we will help you deal with the IRS and correctly complete the right forms to set up a Payment Plan that works for you.

The main benefit of setting up installment payments with the IRS is that it will put you back in compliance and you will no longer have to worry about the IRS knocking on your door. The IRS will have disappeared from your life and there will be no threat of levy and seizure (garnishment) of your wages, bank accounts, or any other property. The harassment by the IRS will be completely over, as long as you continue to make the agreed upon payments.

It is possible that by having us take a look at your financial situation, you may actually qualify for a hardship deferment of collection action and be put on uncollectable status. If this is the case, you would then be completely left alone by the IRS and make no payments. Do not count on this, but it does sometimes work out that way. Furthermore, you will not have to wait long for an answer. According to the IRS’s internal rules, they must answer your request for hardship within ten (10) working days of receipt of your request. THAT IS FAST.

In order to get set up on a really low payment plan or better yet on uncollectable status, you must demonstrate economic hardship to the IRS. You may be asking yourself: “How do I prove economic hardship to the IRS?” Economic hardship according to IRS rules and procedures is when paying the IRS would result in undue or unreasonable hardship to you, the taxpayer. As a taxpayer, you may think that not paying off your VISA debt or a loan from Aunt Mary and giving that money to the IRS instead is unreasonable, but the IRS doesn’t see it that way – and they never will.

To view this in the proper perspective, you must look at it from the way the IRS Collections folks do. You see, they have all the power and hold most of the cards. What you have going for you are some reasonable outs provided by Congress and the IRS to keep the system efficient and within the bounds of reason. It is not efficient for the IRS to spend its time and money trying to collect a large sum of money from somebody who has no way of paying so large of an amount. The IRS and Congress have provided for this by instituting Payment Plans. The key is to make sure it is a Livable Payment Plan that you can afford and continue to pay without defaulting. This is what National Tax Relief makes sure of. You do not want to get coerced into a Payment Plan by a revenue officer in which the payments are so high that you will not be able to keep them up in the long run. If you get into a Payment Plan and later default, then you will be in bigger trouble than before.

How to Qualify for a Payment Plan or Uncollectable Status

You must show the IRS on the proper forms that your allowable expenses are equal to, or only slightly less than, your income. This is how you show the IRS that you can pay them only an “affordable and livable amount” without “undue economic hardship. Your allowable expenses are what the IRS considers the necessities of life. In general, they are: food, clothing, housing, utilities, transportation, medical, insurance and work-related expenditures. It is our job at National Tax Relief to help you get into a Payment Plan that fits your budget and gets you out of debt.





Tax Accountant: Job Description & Requirements #education #in #accounting, #tax #accountant: #job

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Tax Accountant: Job Description Requirements

Job Description for Tax Accountant

Tax accountants prepare federal, state and local tax returns for businesses, organizations and individuals. As such, these professionals are knowledgeable on business concepts and government regulations. Tax accountants may advise clients on how to minimize tax liability, inform them of any tax changes that affect their business and ensure compliance with taxing agency requirements. Tax accountants are involved in any disputes or audits that affect their clients.

Career Outlook

According to the U.S. Bureau of Labor Statistics (BLS), employment for accountants and auditors was expected to increase by 11% from 2014-2024. The increase is due to stricter regulations and a need for accountants to handle compliance matters.

Salary Information

The BLS reported a median annual salary of $67,190 for accountants and auditors in 2015. The top paying industries at that time were securities and commodity brokerages and the federal government.

Find schools that offer these popular programs

  • Accounting with Computers, General
  • Auditing
  • Bookkeeping
  • Financial Accounting
  • Managerial Accounting
  • Taxation, General

Requirements for Becoming a Tax Accountant

Educational Requirements

A bachelor’s degree is usually the minimum educational requirement for becoming a tax accountant. Prospective tax accountants may seek out accounting programs or related majors such as business administration. Individuals who are considering master’s programs in accountancy may look for programs that include a tax concentration. These programs include coursework in financial planning, auditing and taxation, in addition to courses in business calculus and statistics.

Certification and Licensing Requirements

In order to file reports with the U.S. Securities and Exchange Commission, accountants must be licensed as Certified Public Accountants (CPAs) by their state boards. Specific requirements for licensure vary by state, but most mandate applicants to complete 150 semester hours, 30 hours more than what is required for a 4-year degree. Additionally, states typically mandate that applicants have two years experience in accounting.

Once eligible, candidates may take the CPA exam administered by the American Institute of Certified Public Accountants (www.aicpa.org ). After earning their certification, most CPAs must complete continuing education to maintain their credentials.

Tax accountants hold at least a bachelor’s degree, but because additional credits are usually required in order to become a CPA, many professionals go on to earn graduate certificates or master’s degrees. While tax accountants generally work regular business hours, it’s important to note that during tax season their hours and workload can increase significantly.

Next: View Schools

A tax accountant requires some formal education. Learn about the degree programs, job duties and certification to see if this.

If you’re considering a career as an international tax accountant, you’ll need at least your bachelor’s degree in a field like.

Learn about the education and preparation needed to become a corporate tax accountant. Get a quick view of the requirements as.

If you’ve been out of school for awhile – or if this is your first time in higher ed – you may be unsure how attending college.





Quickbooks over VPN? Archive – Micro Focus Forums #operations, #work, #quickbooks, #long,

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05-Apr-2005, 07:16 PM

I recently set up our new accountant with the BM vpn and NW clients so that
she might be able to access our quickbooks 2000 database via a mapped drive
while connected to our BM3.7 server. She can connect fine, and althought QB
(a known resource hog) is fairly slow for most common operations over the
vpn (both client and server have SDSL connections over 500kbps), it is not
entirely unworkable. SOME particular operations, however, take an
IMPOSSIBLY long time (especially find operations in the records DB),
literally many, many orders of magnitude slower than everything else.

Is this really just due to the number of drive accesses involved in these
operations, or is there some other buggy issue at work here?

Does anyone know how to troubleshoot/work around this problem effectively?
We are really trying to avoid having to shutdown/lock the QB system long
enough for our accountant to copy the DB to a local machine, do her work,
and then write it back out to our system. We really need a way for her to
be able to work remotely AND concurrently with the rest of us.

Many, many thanks in advance for any help.

06-Apr-2005, 04:26 PM

You will probably need to take some traces (Ethereal on the PC’s
involved) to see what kind of traffic is involved. Might be as simple
as needing to reduce MTU size on one or both ends of that connection.

Perhaps simpler would be to use pcANYWHERE, VNC or terminal server/RDP
to remote control an internal PC over the VPN to do the work remotely.

Craig Johnson
Novell Support Connection SysOp
*** For a current patch list, tips, handy files and books on
BorderManager, go to http://www.craigjconsulting.com ***

06-Apr-2005, 04:33 PM

My experience with Quickbooks over a lan is that the newer versions can be a
little slow as it is. I would venture to say that there is just way too
much data to push through that small DSL pipe.

14-Apr-2005, 04:07 PM

Thanks for the input Craig and JP,

I apologize for my own sluggish response. I actually found a post on
another site that echoed Craig’s suggestion of running quickbooks on a local
machine and having the remote client connect to it using pcAnywhere or the
like so that all the heavy drive accesses remain local. I’m going to give
that a try.

Thanks again for the help,