Aleer Accounting Firm

🔢 Standard Accounting Posting Order

Master the correct flow of accounting records from start to finish:

1. 📄 Source Documents
Invoices, receipts, vouchers, and bank slips — the proof of every transaction.

2. 📘 Journal Entries
Record transactions in chronological order using the double-entry system:
Debit (Dr) | Credit (Cr)

3. 📒 Ledger Posting
Transfer entries to individual accounts (Cash, Sales, Expenses, etc.) to organize data.

4. 📊 Trial Balance
Ensure accuracy: Total Debits = Total Credits.

5. 🔧 Adjusting Entries
Update for accruals, prepayments, and depreciation at period end.

6. 📊 Adjusted Trial Balance
Reflect all adjustments before reporting.

7. 📑 Financial Statements
Prepare:
• Income Statement
• Balance Sheet
• Cash Flow Statement

8. 🔒 Closing Entries
Close revenues, expenses, and drawings into capital/retained earnings.

9. 📊 Post-Closing Trial Balance
Final check for account accuracy.

🧠 Memory Tip:
S → J → L → TB → A → FS → C → PCTB

📌 **Example:**
Paid $500 rent in cash
Dr Rent Expense 500
Cr Cash 500

📊 BASIC ACCOUNTING TERMS YOU MUST KNOW

🟢 1. Debit
➡️ Money coming into an account
➡️ Increase in assets

🔴 2. Credit
➡️ Money going out of an account
➡️ Increase in liabilities

💼 3. Asset
➡️ What a business owns
Examples: Cash, equipment, inventory

📉 4. Liability
➡️ What a business owes
Examples: Loans, debts

👤 5. Capital
➡️ Owner’s investment in the business

💰 6. Revenue
➡️ Money earned from sales

🧾 7. Expense
➡️ Money spent to run the business

💡 Tip:
Understanding these terms makes Accounting much easier to learn.

📚 Follow for more simple accounting lessons

Aleer Accounting Firm

📊 TYPES OF ACCOUNTING REPORTS (Noocyada Warbixinaha Xisaabaadka)

Understanding accounting reports is key for better financial decisions in any business ✅

🔵 Financial Accounting | Xisaabaadka Maaliyadda
• Income Statement (P&L) → Shows profit or loss
• Balance Sheet → Shows assets & liabilities
• Cash Flow Statement → Tracks money in & out

🟡 Management Accounting | Xisaabaadka Maamulka
• Budget Report → Planned vs actual performance
• Variance Report → Highlights differences
• Cost Report → Fixed & variable costs

🟢 Tax Accounting | Xisaabaadka Cashuuraha
• GST / Tax Summary → Tax obligations
• Income Tax Report → Taxable income calculation

🟠 Auditing Reports | Warbixinaha Hanti-dhowrka
• Statutory Audit → Legal financial review
• Internal Audit → Risk & control evaluation

🟣 Specialized Reports | Warbixinno Gaar ah
• Accounts Receivable / Payable
• Inventory Report
• Payroll & Depreciation

✨ Learn. Apply. Grow your financial skills.

📘 WAREEGGA XISAABAADKA (Accounting Cycle)

Wareegga xisaabaadku waa hab ay ganacsiyadu raacaan si ay u diiwaangeliyaan una soo bandhigaan xogta maaliyadeed si sax ah.

🔄 Tallaabooyinka Wareegga Xisaabaadka:

1️⃣ Transactions (Hawlgallo)
– Diiwaangelinta dhammaan dhaqdhaqaaqyada lacagta.
2️⃣ Journals (Buugga Maalinlaha)
– Qorista hawlgallada si faahfaahsan.
3️⃣ Ledgers (Buugga Guud)
– Kala saarista xogta xisaabaadka.
4️⃣ Trial Balance (Isku-dheellitirka Tijaabada)
– Hubinta in debit & credit is le’eg yihiin.
5️⃣ Adjustments (Sixitaan)
– Saxidda khaladaadka iyo diiwaangelinta waxyaabaha dhiman.
6️⃣ Financial Statements (Warbixin Maaliyadeed)
– Soo saarista:-
• Income Statement
• Balance Sheet
• Cash Flow.
7️⃣ Closing (Xiritaanka)
– Xiridda xisaabaadka si loo bilaabo wareeg cusub

🔁 Wareeggan waa mid soo noqnoqda sanad kasta...

💡 Maxay muhiim u tahay?
✔️ Waxay ka hortagtaa khaladaadka
✔️ Waxay bixisaa xog sax ah
✔️ Waxay ka caawisaa go’aan qaadashada ganacsiga

💼 ALEER FIRM
Accounting • Training • Consulting
✅ Baro xisaabaadka si xirfad leh
✅ Hel la-talin kaa caawisa kobaca ganacsigaaga
📞 Nala soo xiriir maanta! 252 63 3348579

📢 JOB VACANCY AVAILABLE – Accountant

Company: Aleer Accounting Firm
Location: Hargeisa
Position: Accountant
Job Type: Full-Time
Salary: Competitive (Based on Experience)

🕒 Working Schedule
Days: Saturday to Thursday (6 days/week)
Hours:
Morning: 8:00 AM – 12:00 PM
Afternoon/Evening: 4:00 PM – 8:30 PM

📌 Key Responsibilities
Manage and oversee all accounting transactions
Perform bank reconciliations
Handle IRS-related tasks and compliance
Prepare and publish financial statements on time
Support and manage social media platforms (basic knowledge required)

✅ Requirements
Bachelor’s Degree in Accounting, Finance, or related field
OR Professional certification (ACCA, CPA, or equivalent)
Minimum 2 years of relevant experience
Strong understanding of accounting principles and financial reporting
Good communication and organizational skills

📧 How to Apply
Interested candidates should send their resume to:
[email protected]

Aleer Accounting Firm