Page 41 - STARTER KIT ACCOUNTS RECEIVABLE CLERK 2017v

STARTER KIT | Accounts Receivable Clerk

Task 10: Check daily collection and encoding the same in the AR program.
STEP(s) STANDARD(s)

1. Encode collection amount to the Accounting No incidence of error in the encoding of the daily collection in
System. the AR Program.

2. Verify amount against collection summary.

3. See to it that collection tally with the amount.

Task 11: Monitor and update foreign exchange rate as the need arises.
STEP(s) STANDARD(s)

1. Verify from central treasury current exchange rate Exchange rate corresponds to bank rates.
of US Dollar.

2. Call Union Bank to inquire rates for other foreign
currencies.

3. Prepare memo.

4. Issue memo to concerned departments.

Task 12: Filing and safekeeping all the above documents and reports accordingly.
STEP(s) STANDARD(s)

1. Sort all documents for filing. Documents and reports are retrieved with ease.

2. Place in respective folder and eliminate
unnecessary papers.

3. Keep in filing cabinet.

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