Staff Accountant Program

Your first week as an intern at Bean & Bag Roasters. Five hands-on assignments from the accounting team.

• Lesson · Week 1 Introduction — Accounting Foundations
• Assignment · Record Month-End Accrual — January Utilities
• Assignment · Categorize Weekly Bank Feed
• Assignment · Reconcile Operating Bank Account — February
• Lesson · The Accounting Equation
• Assignment · Record Vendor Bill — GreenLeaf Importers

Your first project. Café Verde, a Portland wholesaler, placed a PO for 500 bags of Colombian 12oz — delivery by end of February, Net 30, PO value $8,750. You're the AP clerk on this project this week: buy the beans, book the freight, order the packaging, roast, pay the vendors, and close February.

• Lesson · Week 2 Introduction — Accounts Payable & Inventory
• Assignment · Record Vendor Bill — GreenLeaf (Café Verde Lot)
• Lesson · Example How To Apply Debits and Credits
• Assignment · Record Freight Vendor Invoice — Cascade Freight
• Assignment · Record Vendor Bill — PackRight Packaging
• Assignment · Resolve Short Shipment — PackRight
• Assignment · Pay Vendor Invoice — GreenLeaf Importers
• Assignment · Pay Vendor Invoice — PackRight Supply
• Lesson · DEALER Method
• Assignment · Record Goods Receipt — Farm-Direct Green Bean Lot
• Assignment · Record Insurance Policy Invoice

Post a full payroll cycle from the provider's register: the payroll run, employer taxes, funding net pay, remitting withholdings, and reconciling the cycle.

• Lesson · Week 3 Introduction — Payroll
• Assignment · Review the Payroll Register
• Assignment · Record the Payroll Run
• Assignment · Record Employer Payroll Taxes
• Assignment · Pay Employees
• Assignment · Remit Payroll Taxes
• Assignment · Reconcile the Payroll Cycle

Relieve inventory for shipments, record production and losses, and compare costing methods.

• Lesson · Week 4 Introduction — Inventory & COGS
• Assignment · Record Roasting Facility Utility Bill
• Assignment · Record Production Run — First Roast Batch
• Assignment · Record Production Run — Remaining Batches
• Assignment · Record Cost of Goods Sold — Customer Shipment
• Assignment · Record Inventory Shrinkage — Roast Loss
• Assignment · Write Off Wasted Packaging Materials
• Assignment · Compare FIFO and Weighted-Average Costing

Learn how Bean & Bag manages customer invoices, cash collections, and outstanding receivables.

• Lesson · Week 5 Introduction — Accounts Receivable
• Assignment · Onboard a new wholesale customer
• Assignment · Add a new finished-good coffee to the catalog
• Assignment · Send Ridgeline their first invoice
• Assignment · Record a partial payment from Ridgeline
• Assignment · Collect the remaining Ridgeline balance
• Assignment · Bill the Café for an intercompany coffee shipment
• Assignment · Investigate Maple Bros' outstanding balance
• Assignment · Analyze the year-end AR Aging report

The everyday transactions a staff accountant handles between the major cycles.

• Lesson · Week 6 Introduction — Everyday Exceptions & Judgement
• Assignment · Record Employee Travel Expense Report
• Assignment · Reimburse Employee for Approved Expenses
• Assignment · Categorize Corporate Credit Card Activity
• Assignment · Investigate an Unauthorized Corporate Card Charge
• Assignment · Record a Fixed-Asset Purchase
• Assignment · Record Intercompany Settlement — Bean & Bag Café
• Assignment · Pay the Corporate Credit Card Statement
• Assignment · Process a Vendor Credit Memo

Depreciation, prepaid amortization, accruals, and month-end reconciliation.

• Lesson · Week 7 Introduction — Closing the Month
• Assignment · Post Final March Cash Activity
• Assignment · Reconcile the Operating Bank Account
• Assignment · Reconcile the Corporate Credit Card
• Assignment · Reconcile Finished Goods Inventory
• Assignment · Amortize Prepaid Insurance
• Assignment · Record the Allowance for Doubtful Accounts
• Assignment · Record Monthly Depreciation
• Assignment · Reconcile the Intercompany Balance
• Assignment · Review the Adjusted Trial Balance and Close the Month