Nancy Russell
Address:
PO Box 252 Newton Falls, NY 13666
Phone: 315-848-2369
Email: [email protected]
Description: Governmental accounting is based on the principles and assumptions of double entries. Generally Accepted Accounting Principles (GAAP) are the uniform minimum standards of and guidelines to financial accounting and reporting; they are the framework within with financial transactions are recorded and reported. Every government financial transaction is recorded showing their double affects, with one aspect of the transaction being debited and the other aspect being credited. Such accounting systems should be organized and operated on this fund basis. The Town uses Williamson municipality accounting software which keeps the different funds and accounts organized and allows for Budgetary control.
Responsibilities: Some of the responsibilities of the bookkeeper are as follows:
Address:
PO Box 252 Newton Falls, NY 13666
Phone: 315-848-2369
Email: [email protected]
Description: Governmental accounting is based on the principles and assumptions of double entries. Generally Accepted Accounting Principles (GAAP) are the uniform minimum standards of and guidelines to financial accounting and reporting; they are the framework within with financial transactions are recorded and reported. Every government financial transaction is recorded showing their double affects, with one aspect of the transaction being debited and the other aspect being credited. Such accounting systems should be organized and operated on this fund basis. The Town uses Williamson municipality accounting software which keeps the different funds and accounts organized and allows for Budgetary control.
Responsibilities: Some of the responsibilities of the bookkeeper are as follows:
- Payroll
- Maintain the chart of accounts
- Maintains the annual budget
- Calculates variances from the budget and reports issues to management
- Complies with local, state and federal government reporting requirements
- Issue financial reports
- Pays the invoices in a timely manner after approved by the board and detailed on an abstract by the Town Clerk
- Reconciles every bank account not only once a month but periodically to ensure their accuracy
- Maintains the software for keeping an orderly accounting filing system
- Completes an annual report for the Comptroller's office
