Recording Transactions: Coding and entering daily purchases, sales, and expenses into the general ledger.
Account Reconciliation: Matching bank statements and credit cards to financial records to identify discrepancies.
Accounts Payable/Receivable: Managing vendor bills and invoicing clients, tracking payments to ensure positive cash flow.
Payroll Processing: Running payroll and keeping detailed employee records.
Financial Reporting: Preparing monthly, quarterly, or annual financial statements like Profit & Loss and Balance Sheets.