DIGITAL BYTES FINANCIAL SERVICES - INTERNSHIP OUTPUTS

- During my internship at Digital Bytes, I acquired a comprehensive understanding of utilizing the Xero Software for various financial tasks. Through hands-on experience and guided training sessions, I honed my skills in navigating the intricacies of Xero, from basic functionalities to more advanced features. This immersion in Xero not only broadened my technical expertise but also enhanced my efficiency in handling financial data and processes. Additionally, I gained insights into best practices for optimizing the software's capabilities to streamline accounting operations. Overall, my internship experience equipped me with valuable proficiency in harnessing the power of Xero for effective financial management.

Throughout the internship, we undertook various tasks to enhance our skills and understanding:

01 Task 1 Enter Conversion Balances

a. Balance Sheet

b. Fixed Asset Reconciliation

c. Profit and Loss

d. Trial Balance

02 Task 2 Importing Data

a. Inventory Item Summary

03 Task 3 Add Employee Details

a. Employee Contact Details

b. Employee Remuneration

04 Task 4 Input Bills- Expenses

a. Aged Payables Detail

b. Inventory Item Details

c. Payable Invoice Detail

05 Task 5 Enter Invoices

a. Business Snapshot

06 Task 6 Run Payroll.

a. Pay slips - January

b. Pay slips - February

c. Pay slips - Fortnight ended 14 Jan

d. Pay slips - Fortnight ended 28 Jan

e. Digital Bytes Pty Ltd__-_Superannuation Payments

f. Payroll Activity Details
g. Transaction Listing Details
07 Task 7 Bank Reconciliation

a. Digital Bytes Pty Ltd__-_Trial Balance

b. Digital Bytes Pty Ltd__-_Profit and Loss

c. Digital Bytes Pty Ltd__-_Executive Summary

d. Digital Bytes Pty Ltd__-_Balance Sheet

e. Digital Bytes Pty Ltd__-_Account Transactions

08 Task 8 Generate Reports - BAS & IAS

a. Digital Bytes Pty Ltd. - January Activity Statement
b. Digital Bytes Pty Ltd. - February Activity Statement. 

c. Digital Bytes Pty Ltd. - March Activity Statement

d. Digital_Bytes_Pty_Ltd__-_Aged_Payables_Summary

e. Digital_Bytes_Pty_Ltd__-_Aged_Receivables_Summary

f. Digital Bytes Pty Ltd__-_Balance Sheet

g. Digital Bytes Pty Ltd__-_Executive Summary

h. Digital Bytes Pty Ltd__-_Profit and Loss

i. Digital Bytes Pty Ltd__-_Journal Report