Macky G. Dizon BSM31 Midterm Narrative Report This summer, we were able to experience how to be in the actual work setting as an OJT Trainee at the Relation House Inc. located in Makati City which will cover 240 hours of work and work days covering 5 days/week and 9hours/day just to assure that we would be able to finish our internship until May 17. I, together with Krisha Baleda and Yoradel Garcia, were tasked to do accounting jobs under the supervision of Ms. Rowena Lim (HR Generalist) and Wennie Enriquez (Resident Agent).
This training had given me the chance to apply the theories and computations that I’ve learned in the school and helped me to acquire more knowledge and skills through performing it in real situation. During the first day of my training, we were first introduced to the other employees of the company then we’re given some brief information on how the company runs and what are the services they offer. After that, we’ve been oriented on the system used by the company and how they utilize it, which is the Quickbooks, and the accounting procedures that they use to treat for the accounts.
Although I am only an OJT Trainee I was entrusted to see how their system works and had been taught how to encode check information in the system and since we’re hired to make their work easier without bearing labor costs we’re also tasked to do some clerical works also like sorting and filing of check vouchers, cross referencing of some data to check its accuracy and transcribing of some information to other separate file copy to store a back-up files.
During the succeeding days of my stay in Relation House Inc. , I was commanded by my superior to make summary of the expenses occurred for the replenishment of the petty cash fund and then sort & file the receipts. I also did Inventory Checking in the office and pantry with Krisha and Yoradel then update its count by making an Excel report of it as of the date we did it. While being trusted of the confidential information of the ompany, we signed an agreement that every information, especially the payroll of the employees, that we’re about to see will only remain between us that’s why we were able to see everything in the system and I am allowed to explore it and given the chance to journalize some accounts on it and had experienced clearing of bank checks and encode the good checks in Excel to monitor the finished transactions. Many works had been trusted on me and I appreciate doing it and finishing it on time.
There is an instance that I and Krisha had overtime just to finish the proofreading of the FS in order to finish the printing of the copies of it and be able to pass it to SEC on time and I’ve once done extracting and scheduling of accounts to monitor the flow of these data from date to date. Moreover, there are tasks that I didn’t expect I am trusted to do like depositing of payroll checks, paying of credit card balance, etc. I am glad that they would expose us with this kind of private information and allow us to learn new things in relevance to our field.
Though we’ve done many works in our first week of our training there are times that we experience idle time and we’ve been earlier informed that not all the time there are many things to do and since Relation House Inc. is an IT Company there are not much accounting to do. And another thing that makes some of our days idle is that we immediately finish our work and since we’re three in the company we divide tasks to make our work easier and to comply with the deadline as soon as possible and this is where the essence of TEAMWORK comes into.
Our supervisor has been trusting and generous to us that they let us experienced this kind of works while exposing their confidential data and give us some lecture on how and why they are using such procedures for accounting, explain well things that we don’t understand and correct us in case we commit mistake without leaving us a feeling of apprehension that she might get angry.
As a Management Accounting student, our program course had prepared me well enough to be ready to face the actual working environment since our university offers high caliber professors and good curriculums including this OJT as well as knowledge of the varying standards of accounting and computer-related knowledge that best suits us to enhance our competency and confidence to keep pace globally.