Logging daily sales, receipts, purchases, and expenses into accounting software or spreadsheets.Managing Accounts: Handling Accounts Payable (paying supplier bills) and Accounts Receivable (sending invoices and tracking customer payments).Reconciliation: Matching internal financial records against bank and credit card statements to catch and correct discrepancies.Payroll Processing: Calculating salaries, processing paychecks, and ensuring employees are paid accurately.Financial Reporting: Generating reports like profit and loss (P&L) statements, balance sheets, and cash flow statements