However, I am struggling to reconcile the «Increase in trade
payables» line in Applegreen's full - year 2016
cash flow statement to the «trade and other
payables» lines
on the
balance sheet.
I have looked at note 20
on trade and other
payables in the accounts but I am still left somewhat confused as to the magnitude of the discrepancy (there are similar differences between the inventory and receivables lines in the
balance sheet and
cash flow statement but they not as large).
• Verify the accuracy of invoices and checks and post relevant information in predefined accounting databases • Prepare and submit invoices and handle payments • Coordinate
cash and check deposit activities • Sort and enter accounts
payable and receivable data into company database • Prepare and produce accurate financial statements such as
balance sheets • Maintain record of assets and liabilities and complete and deposit tax returns • Reconcile bank statements and manage cashbook management
on a daily basis • Issue and maintain records of petty
cash • Audit accounts to ensure accuracy and address any discrepancies found during auditing procedures • Process refund requests and reconcile monthly statements • Post details of business transactions including received and disbursed funds • Type vouchers, invoices, bank drafts, checks and reports • Post
cash receipts and expenses in designated accounts software • Report accounting discrepancies to supervisors and assist in resolving them and any issues that customers may have with their accounts • Compile and maintain financial records of the company by recording and summarizing data • Keep record of business transactions, compute costs and verify bills • Create statistical records by combining data and performing computations • Prepare payrolls and transfer employees» salaries to their accounts
on a monthly or bi monthly basis • Manage day to day internal controls and arrange for purchase orders to be prepared
• Identified and rectified inconsistencies among bank statements and office records • Documented, issued and posted daily bills and drafts • Updated and maintained client database • Issued monthly closing report of the company • Verified and processed
cash payments and payments through credit cards, vouchers and bank draft etc • Reconciled
payable and receivable amounts and
balanced the same
on daily basis • Handled heavy
cash inflows independently while accurately distributing the
cash under designated heads • Dealt with clients who came up with queries regarding billing procedures