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Accounting & Bookkeeping & Small Business Forum
Accounting, Bookkeeping, Marketing, and Small Business Resource
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Guest
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| Posted: Tue Aug 31, 2004 11:18 am Post subject: Adjusting the Capital Cost Allowance (Accumulated Amortiz... |
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Hello from Penticton,
I need to know if the bookkeeper makes the adjustments of an assets accumulated depreciation (if any) or is this the accountants job? |
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Guest
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| Posted: Tue Aug 31, 2004 11:50 am Post subject: RE: Adjusting the Capital Cost Allowance (Accumulated Amo... |
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| It depends upon your definition of a bookkeeper. Typically bookkeepers are seen as data entry clerks for daily transactions, and accountants are those that make adjustments such as this one for depreciation. However, there are General Ledger Bookkeepers, or Full-Charge Bookkeepers that do it all (including depreciation entries). |
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