Today is model building day. Accountants use these days to build mathematical models to track inventory, profitability, forecasting, and more. For accountants who love puzzles, formulation, and math, the spreadsheet is a playground. Modeling requires a high level of detail in functionality and design, which is a project most accountants enjoy.
Today is Bookkeeping Day. These are the days accountants record massive amounts of transactions from various bank accounts and credit cards for their clients to map the movement of money within a business. Accountants define every transaction based on what it was for into a variety of categories to show where money came from and where it is going.
Today is Accounts Payable Day. Accountants spend the day gathering bills for their clients for utilities, services, vendors and more. They collect receipts for employee reimbursement. Accounts payable day is monotonous, and mostly consists of an accountant signing in and out of online portals to download invoices and input numbers into Quickbooks.
Today is client onboarding day. These are the days accountants take the reins from their account management team and meet their clients for the first time. Client onboarding days start with a lot of research into the company and what they do, preparation, and quite a few meetings to discuss its needs, priorities, and expectations of the accountants.