Entry Level Accounting

Accounting is a systematic recording and analysis of accurate information about the economic, business and commercial affairs of an Institute or an Organization. It helps to plan, organize execute, supervise and report the financial affairs by maintaining the bills and vouchers systematically in a chronological order.

Each nation has its own history on accountancy. But the most ancient period can be attributed to Chanakya ( Kautilya) during the Gupta period in India during 4th century. It is also said that the most ancient Romans used the numerals for financial transitions after the introduction of Arabic numbering system by the creation of double entry system. Accounting provides the data of economic or business transaction activity data which has to follow the process of analysis, interpretation and the report. Today from the private citizen to all the organization are to render an account of their financial activity being bided by the national law.

It has been considered that Luca Pacioli from Italy first printed and published in Venice (1494) a treatise on bookkeeping. Its most important part is about the double entry bookkeeping. He explained the opening Inventory. He maintained a Day Book, the Journal, - the second book and the ledger is the third book. All the transactions had to be maintained in the day Book without a single omission. Pacioli used the debit and credit terms as Per and A.
The entry level accountant is the basic level clerk who keeps the record of Day Book, Ledger and maintains all the bills of payment, vouchers and the receipts of the entire business or financial transaction. He should be particular to write the accounts accurately and chronologically without omitting any single transaction. He must maintain the bill, voucher or the receipt to justify his voice for every entry that he makes. According to the modern signs of time the entry level accountant should have at least a graduate degree in accountancy to understand better the transactional activity while classifying it. The theory alone will not render the accountant competent. He must have the practical practice and special training if he determines to be a successful accountant. He must have a sound basic knowledge while entering the bank transactions. He should have a basic computer knowledge and the expertise in adopting the computer software for recording the voices.
Entry Level accounting is very simple but it is complicated too while analyzing and classifying it for placing at debit column or the credit column. Entry Level accounting is to be recorded in the journal ( Day Book), Ledger in accordance with the bills and vouchers and both the debit and the credit columns should tally.

The entry level accounting career has become very lucrative today. Today one can work for a company or an enterprise by staying at home and using the network system and accounting software. An accountant can be any national and he can work for any nation by using the net work and get paid by electronic pay system through PayPal and many other such agencies.
The entry level accountant resume must contain the expertise in using the software to fill up the application form electronically and updating it periodically.