CHINHOYI UNIVERSITY OF TECHNOLOGY

SCHOOL OF BUSINESS SCIENCES AND MANAGEMENT

DEPARTMENT OF ACCOUNTING SCIENCE AND FINANCE

BACHELOR OF SCIENCE HONORS DEGREE IN ACCOUNTING

STUDENT NAME: PATIENCE J MAFUMHWA (C19138571X)

PERIOD : (JAN 2022 – DEC 2022)

LOG BOOK

Week Duties Assigned Duties initiated Encountered Strategies used to

1
ending problems during resolve encountered
execution problems

4 February 1. Filing of 1. Getting familiar with the 1. Adapting to

2022 documents system and how most of the new
and papers. the transactions are setup. 1. Focusing on
recorded. 2. Having how my
2. Printing of 2. Print and write new trouble previously
voucher vouchers for payments recording the learned skills
template. that were made payment from school
3. Arrange and file the vouchers. can benefit
3. Writing and also
vouchers vouchers according to 3. Could not
date. accurately appreciating
4. Perform 4. Performed a cash count. update the the skills I was
Cash count. 5. Introduced to update the January learning on
January budgets. budgets on the job.
excel sheets. 2. Paying more
4. Had trouble attention to
using the the details.
excel 3. Giving myself
formulas. an extra time
at work to
practice on
the budgets.
4. Paying extra
attention
throughout
the
orientation
week on how
to effectively
use excel
sheets.

2
11 1. Prepare the 1. Started working on 1. Was having 1. Gave myself
February February February cash schedules. trouble using time to watch
2022 cash 2. Captured the bank the excel online
schedules. payments and cash formulas. tutorials each
payments. 2. Adapting to night and also
2. Print the 3. Shown how the business ask for help.
payment payments are made communicatio 2. Took time to
vouchers. through the bank. n, Unfamiliar check and ask
3. Update and 4. Paid ZIMRA, OMLAC, with the my supervisor
share the NSSA, through the bank business to cross check
cash 5. Printed the payment emails. before
schedules on vouchers. sending a
an Email. 6. Updated and shared the business
cash schedules. email.
7. Updated the bank
statements to the

18 1. Update the 1. Updating the student’s

February student’s accounts on excel. Capturing data
2022 accounts. from the current and previous N/L N/L
cash schedules.
2. Prepare an
invoice for a 2. Prepared an invoice for a
student. student and sent it through
email.
3. Process
payments for 3. Processed the dissertation
the faculty supervision payments and pre-
and file the prepared vouchers on these and
vouchers. filed into the awaiting payments
file.
4. Process the
staff salary 4. Made the staff salary payments
payments. through the bank and advised the
respective signatories to
5. Process the authorize.
staff
transport 5. Made the intern’s transport
allowance allowance payments and
3
 payments prepared the vouchers.

6. A follow up 6. Receipted the cash and bank

with Stanbic payments.
bank on the
amount 7. Updated the cash schedules
debited into each day through the week.
a student 8. A follow up with the bank on
account and the amount paid by a student but
not yet not yet credited into the firm
credited into account.
the firm’s
account. 9. A follow up with the bank on
the amounts that had no
7. Upload staff descriptions or names.
details on
Stanbic 10. Uploaded Mr. Nyamangodo’s
online details on Stanbic online banking
banking. as well as Mr. Mutombwa’s.

8. Follow up
with the
bank on
unidentified
amounts.

25 1. Process the 1. Made a briefing on February 1. Had trouble using 1. Asked for help and
February Econet payables and also data capturing Google sheets and also practiced with
2022 connected home also uploading a file
4
 and ZOL into excel in an admin meeting. into the Google my colleagues
payments sheets.
2. Processed the Econet
2. To upload the connected home and ZOL
cash schedules payments with the Stanbic bank
on google sheets. and updated the cash schedule.

3. Process the NSSA 3. Prepared the vouchers for the

payment and payments.
download the
proof of payment 4. Used the Google sheets in
from the Stanbic updating the cash schedules.
online website. 5. Updated the USD cash book
account in excel which includes
the safe account.

6. Made the NSSA payment and

downloaded the POP from the
website.

7. Filed the payment vouchers.

8. Followed up on a student
about the amount she paid but
not yet credited into the academy
account.

Student Self-evaluation: Learn more from mistakes.

Signature: ……………………………………………….

Industrial supervisor’s comments: The integration of theory into practice had its own challenges,
students required IT skills to execute her duties.

Signature…………………………....................

5
Week ending Duties assigned Duties initiated Encountered Strategies used to
problems during resolve encountered
execution problems

4 March 2022 1. Prepare the 1. Prepared the Journal N/L N/L

October 2021 Entries from October
to February 2021 to February 2022
2022 Journal
entries and 2. Uploaded the Journal
upload in Entries on NetSuite.
NetSuite. 3. Prepared the February
2. Prepare the income and expenditure
income and account.
expenditure 4. Receipted the cash
account for received from students
February and other receivables.
2022.
5. Performed a cash count
3. Perform the for the cash in the cash
cash count. box to ascertain the
balance as at 1 March.

6. Updated the students

account

11 March 1. Process ZIMRA 1. Paid ZIMRA for February 1. ZIMRA payment Followed up with
2022 payment on period through Stanbic bounced back. ZIMRA for assistance.
Stanbic online online banking.
banking
platform. 2. Wrote and filed the
payment vouchers for
2. Process the the week.
data for
faculty. 3. Processed the part
payment for data and
3. Update the facilitation through
student’s Stanbic online banking.
accounts to
6
 include fees 4. Advised the faculty on
for financial the payments.
management.
5. Updated the accounts for
students who were doing
financial management.

6. Updated the March cash

schedules.

7. Attended the morning

devotions for the whole
week.

8. Had my reception duty

completed for the day.

18 March 1. Process the 1. Attended the morning N/L N/L

2022 staff transport devotions.
allowance
payment 2. Performed my reception
duty.
2. Process the
staff salaries 3. Updated the March cash
on stanbic schedule by reconciling
online banking the bank statement with
platform. the bank account.

4. Processed the staff

transport allowances and
updated the USD
account.

5. Processed the transport

and telephone allowance
for the Director.

6. Processed the staff

salaries through Stanbic
online banking platform
and called Mr. Makukutsi
for Authorization.

7
25 March 1. To prepare a 1. Prepared for the third N/L N/L
2022 schedule on admin meeting.
statutory bills.
2. Updated the students
2. Filing of account on Feb-June
documents. semester and gave the
printout to the registrar.
3. Prepare the
students' 3. Updated the cash
statements. schedule and student
accounts in all semesters
for briefing in the
meeting.

4. Calculated the March

2022 Statutory bills and
prepared a schedule for
payments upon
availability of funds.

5. Filed all documents and

vouchers as expected
with audit requirements.

6. Prepared the students

statements for all
students showing the
amount owing and sent
them through Email for
reminder.

Student Self-evaluation:

The best way I could handle pressure was to identify the importance and urgency of a duty. First handle
the one which is important and urgent. Secondly, the one which is urgent and not important. Third, the
one which is important and not urgent then lastly the one which is not important and not urgent either.

Signature: ……………………………………………….

8
 Industrial supervisor’s comments: Student now familiar with the Accounting software that is used by
ALMA, quite improved on communication skills with the various stakeholders who relate with the
organization

Signature…………………………....................

Week Duties assigned Duties initiated Encountered Strategies used to

ending problems during resolve encountered
execution problems

8 April 1. A follow up on 1. Attended the morning 1. Could not allocate 1. Indicating semester
2022 students who devotions the fees paid by a being paid for on the
have not student last year to its receipt for easy
deposited any 2. Prepare the income and respective semester. allocation.
amount towards expenditure account for
their fees. March.

2. Prepare the fees 3. Updated the students

statements for account schedule on
students in all Google sheets.
intakes. 4. Followed up on
students who have not
paid any tuition amount
yet.

5. Prepared the fee

statements for all
students and sent them
via email.

6. Prepared the payment

vouchers for both cash
and bank payments.

7. Operated a swiping
machine and received
the payment.

9
15 April 1. Updated the rental N/L N/L
2022 account for the
1. Update the Navigators and created a
rental statement statement on that.
for the
navigators. 2. Filled in a safe deposit
form and signed for the
2. Process the cash that was deposited
interns transport into a safe account.
allowance
payments. 3. Started working on the
April schedule and USD
3. Update the account.
student’s
accounts filtering 4. Processed the payments
the deferred for interns’ allowances
students. and staff transport
allowances and updated
4. Process the the USD account.
ZIMRA and
Econet 5. Updated the cash
connected home schedule and the
security students’ accounts by
payment. intake filtering the
students who had
deferred.

6. Attended the morning

devotions every morning
and fulfilled my
reception duty.

7. Paid ZIMRA for February

and March 2022 period.

8. Paid the Econet

connected home.

22 April 1. Follow up on 1. Followed up with UPPER N/L N/L

2022 Upper Manyame MANYAME for the
for the invoice. current invoice.

10
 2. Uploading the 2. Processed the data
banking details payment for facilitators
for faculty on who had to facilitate on
Stanbic online Friday.
banking
platform. 3. Uploaded the account
details for Mrs
3. Upload the Chimbwanda on the
receivables stanbic online platform.
Journal Entries
on Netsuite. 4. Uploaded the August
2021 and February 2022
receivables Journal
Entries on NetSuite.

29 April 1. Process the ZOL 1. Attended the Interns 1. Had trouble 1. Asked for help from
2022 and UTANDE orientation. accessing the invoice my colleague.
payments. on the ZOL website.
2. Leant How to login into
2. Process the the ZOL account as well
payroll payment. as UTANDE.

3. Prepare the 3. Processed the payroll

rental invoice payment.
and statement
for the 4. Processed the ZOL and
Navigators. UTANDE payment for
April Period.
4. Taking minutes
on the 4th admin 5. Reconciled the bank
meeting. statement with the cash
book.

6. Prepared the April

rental invoice and
statement for the
Navigators and sent
through Email.

7. Processed Kubatana
payment for advertising.

11
 8. Updated the cash count
schedule as well as the
cash schedules.

9. Attended the morning

devotions each morning
and performed my
reception duty.

10. Took the minutes in the

4th admin meeting.

11. Made a report on the

April payables and
pending as well as cash
books.

Student Self-evaluation:
I’ve excelled at improving my communication skills by relying more on staying calm, which helps me feel
comfortable asking for help, relaying messages or communicating concerns and delays. Being able
to respond in some capacity, to all questions not always have to be the perfect answers but rather
ownership over finding solutions.

Signature: ………………………………………………

Industrial supervisor’s comments: Students is now able to carry out banking transactions and
reconciliations. She has also been exposed to the statutory processes as well as presentations n
meetings. There is room for improvement regarding self organization and feedback.

Signature…………………………

12
Week Duties assigned Duties initiated Encountered Strategies used to
ending problems during resolve encountered
execution problems

6 May 1. Updating the 1. Updated the student’s

2022 student accounts in 6th, 7th and 8th
accounts in all intake and gave the
intakes. printout of the account to
the Registrar
2. Process
payments for 2. Reconciliation of the cash
Belina Time account and bank
systems, statement.
Zimbabwe anti-
corruption 3. Prepared the April income
commission and and expenditure
data assistance 4. Process the overtime
payments on salary for the general
Stanbic online hand.
banking.
5. Prepared the certificate
student account and gave
the information to the
registrar.

6. Send the fees Statement

to a student.

7. Process payments on
Belina Time systems,
Zimbabwe Anti-
Corruption Commission
and data assistance
payments on Stanbic
online banking.

13 May 1. Prepare a statement 1. Process the data for 1. Encountered 1. Improving the
2022 on aspects I have learnt faculty on Stanbic online fake notes internal
in preparing for the banking. from the cash controls by
board meeting. box following
13
 2. Process the data for 2. Process the payment on a number of checking for
faculty. Kubatana. cash receipts. security
features found
3. Process Kubatana for 3. Send an invoice to a on real notes
advertising in two slots. student. and that are
4. Receipted the students usually not
and updated their found on fake
respective accounts. notes

5. Uploaded details for Mrs

Chizanga (faculty) on Recording the serial
Stanbic online banking. numbers on respective
6. Updated the cash count receipts for future
schedule. references.

7. Updated the rental

statement account for
Gaby’s Nursery school.

8. Prepared the May Cash

schedule and also the
USD account.

9. Prepared the minutes for

the 4th admin meeting
held on 24 April and
shared them with the
admin members.

20 May 1. Process the 1. Processing the payments 1. Students 1. Creating an

2022 payment for for the electricity expressing excel invoice
electricity installation project. dissatisfaction and share in
installation on amounts pdf form
project. 2. Processed the transport shown on therefore
allowance payments for their online securing the
2. To process the the staff. excel invoices information at
transport due to usually the same time
allowance 3. Prepare a schedule for
the statutory bills error add-ins, providing a
payments. mistakenly professional
showing the charges to
3. Cash count. estimate the total amount editing a invoice.
document by

14
 4. Process the needed for the payments. either
payments for running over
May salaries. 4. Prepared an invoice for a a keyboard
student. without
5. Performed cash count for realizing.
the cash in the cash box. 2. Complaints
6. Performed my reception on rental
duty. invoices from
a lessee
7. Process the payments for stating their
the staff salaries. invoices
cannot be
presented in
their board
meeting since
they are excel
made and
may be easily
manipulated.

27 May 1. Preparing the 1. Prepared the Journal 1. Failing to 1. Paying more

2022 Journal entries entries for March and upload the attention to
for April and April 2022. Journal the error
May 2022. entries on messages and
2. Uploaded March bank NetSuite. adjusting the
2. Update the payments journal entries Journal entries
student’s on NetSuite and accordingly.
accounts. submitted for approval.
2. Used copy and
3. Update the 3. Updated the May Cash paste on
Navigators account and the USD details in the
statement for account. journal entries
reporting in the rather than
board meeting. 4. Updated the students
accounts typing in to
avoid the
5. Updated the rental errors which
statement for the usually might
Navigators. cause failure
in uploading
6. Prepared the Fifth admin
into NetSuite.

15
 meeting reports.

Student Self-evaluation:
Learned to value honesty as a way of upholding and improving the internal controls.

Signature: ……………………………………………….

Industrial supervisor’s comments: Students now able to compute cash books with track record back
to the source documents. Has participated in computing financial information into the system which
then feeds into monthly reports with traceable progress.

Signature…………………………....................

Week Duties assigned Duties initiated Encountered problems Strategies used to

ending during execution resolve
encountered
problems

3 June 1. Performing a cash 1. Updated the May cash 1. Unable to allocate 1. Sending
2022 count. schedules. unidentified reminders to
deposited amounts in students
2. Updating the USD 2. Reconciled the Bank the bank account to and tenants
account. statement and the cash their respective to send
book. accounts. through
3. Preparing the
May 2022 Journal 3. Updated the USD their proof
entries. account. of payments
after every
4. Correcting the 4. Performed a cash bank
highlighted issues count. deposit.
in May journal
5. Reconciled the USD
16
 entries. account with the cash
count.

6. Prepared an invoice for

a student.

7. Correcting the May

journal entries and
posting on NetSuite.

8. Prepared the June Cash

schedules and USD
account.

9. Receipted the
checkpoint Engineers
rental.

10. Receipted the students

fees credited into the
bank account and
updated the student
respective account as
well as the cash
schedule accordingly.

10 June 1. Prepare the 1. Updated the students N/L N/L

2022 students' accounts and gave a
accounts in all copy to the registrar.
semesters and
give a copy to the 2. Prepared an invoice for
Registrar a student

2. Filing of the old 3. Prepared in invoice for

payments the new tenants.
vouchers. 4. Prepared a deposit
invoice for the new
tenants.

5. Processed a payment
for the groceries.

17
 6. Filing of the old
payments vouchers.

7. Updated the cash

schedules and the USD
account.

17 June 1. Perform a cash 1. Performed a cash N/L N/L

2022 count each day. count.

2. Assist the 2. Updated the cash

students to sign schedules
the debt
acknowledgemen 3. updated the students'
t forms. accounts.

3. Invigilating the 4. Receipted the students

students who are and updated their
writing exams. respective accounts.

5. Printed the debt

acknowledgement
forms for students.

6. Assisted the students

to sign the debt
acknowledgement
forms.

7. assisted in invigilating
the exam.

8. Reconciliation of the
cash book with the
bank statement.

24 June 1. Uploading the 1. Uploaded the April 1. Failing to upload the 1. Changing
2022 April journal journal entries on April journal entries. the posting
entries on NetSuite. period to
NetSuite. the current
2. Prepared an invoice for posting
2. Prepare the May a student. period.
Journal entries.
18
 3. Write a letter to 3. Updated the USD
Stanbic bank for account schedule.
assistance in cash
withdrawal. 4. Updated the student’s
accounts.

5. Receipted the fees

amounts in the FCA
account.

6. Updated the June

schedule.

7. Wrote a letter for

Stanbic bank to assist
Mr Makukutsi in cash
withdrawal.

8. Assisted in depositing
the cash into safe
account and signed for
witnessing.

Student Self-evaluation: Became very sound when it comes to financial accounting and now am more
alert to the details as a result of not just treating the process as part of the job but as part of who an
accounting student should be. This has resulted in minimum mistakes and errors in preparing the
Journal entries, the income statements as well as the cash schedules and being able to earn myself well-
done.

Signature: ……………………………………………….

Industrial supervisor’s comments: The student can now appreciate the different Accounting
elements that are involved in the organization and the part each plays to state the financial position.
There has been positive change in terms of completing tasks with minimum supervision.

Signature…………………………....................

Week Duties assigned Duties initiated Encountered problems Strategies used to

19
ending during execution resolve
encountered
problems

8 July 1. Updating the 6th 1. Updated the 6th intake 1. Preparing the New 1. Related with
2022 intake students student’s schedules Year schedules was a the previous
accounts and give and gave the printout challenge since it was schedules to
the printout to to the registrar. something new I had help in
the registrar. 2. Followed up with Mr to challenge myself preparing
2. A follow up with Ncube a NUST to do without being the new
Mr Ncube on University assigned. schedule.
Affiliation fees. representative on the
3. A follow up with affiliation fees.
Upper Manyame 3. Did a follow up with
on the invoice of Upper Manyame on
amount owing as the invoice amount
at 31 June 2022. owing as at June 2022.
4. Create an 4. Prepared an electronic
electronic receipt receipt for a student.
for a student. 5. Prepared an invoice for
5. To prepare the a student.
June Income and 6. Created a New Year
Expenditure. schedule to cater for
6. To process the the month July 2022 to
ZOL and Utande June 2023 cash
payment. schedules, the students
account, income and
expenditure and other
budgets.
7. Prepared June Income
and Expenditure.
8. Processed Utande and
ZOL payment.

15 July 1. A follow up with 1. Followed up with 1. Had trouble 2. Followed up

2022 Femcare on the Femcare for an invoice. processing payments with the
invoice for the 2. Followed up with on Stanbic enterprise bank for
amount as at 30 Econet connected online platform. assistance.
June 2022. Home for an invoice.
2. A follow up with 3. Processed the Econet
20
 the Econet connected home,
connected home Femcare and NSSA
for the invoice. payments.
3. Process the 4. Processed the NSSA,
payments for Femcare and Econet
Femcare, Econet connected home
connected home payments on Stanbic
and NSSA online banking and
4. Process the NSSA, called for
Femcare and authorization.
Econet connected 5. Updated the July
home payments Schedule and the
on Stanbic online students account.
banking 6. Prepared tea for the
staff.
7. Downloaded the Proof
of payment from the
Stanbic online
platform.

22 July 1. To bring the 1. Brought all the 1. Balancing between 1. Asking for
2022 payment vouchers for checking allocating the assistance
vouchers for by the admin and transport allowances from the HR
checking and approval by the finance to every staff and officer to
approval. officer. attending to the help in cash
2. Filling of all the 2. Filled the cash students who wanted counting
cash payments payments vouchers. to pay.
vouchers. 3. Followed up on the
3. To finalize the payment receipt not
minutes for the yet received from the
meeting held on facility management
24 May 2022. department.
4. Process the 4. Receipted the fees
transport from a student and
allowances for updated the respective
the staff account.
5. Finalized the minutes
for filing.
6. Performed a cash
count.

21
 7. Processed the
transport allowances
for the staff.

31 July 2. Preparing the 1. Prepared the bank 1. Balancing between 1. Asking for
2022 bank reconciliations to preparing for year- help.
reconciliation reconcile the bank end reports and 2. Paying
statements on account with the cash keeping the New Year attention to
NetSuite for a book for July 2022 in books up to date. details and
whole year from preparing for the 2. Reconciling the bank applying
July 2021. reports. account and the cash adjustments
3. Process the data 2. Prepared an invoice for book on NetSuite. accordingly
for the faculty. a student. 3. Working with a tight 3. Adjusting
4. Process the salary 3. Prepared rental invoice deadline on reports. the inflated
payments. for the Minana opening
5. Process a International. balance to
transport 4. Prepared the bank reconcile
payment for a reconciliations with the
facilitator. statements for the bank
6. Process the NSSA whole year. account.
payment. 5. Filled the statements in 4. Staying extra
the Reconciliations file. time.
6. Prepared tea for the
staff.
7. Prepared the payment
vouchers.
8. Processed the salary
payments and
uploaded on Stanbic
enterprise online
banking.
9. Processed the NSSA
payment and uploaded
it on Stanbic online
platform and called for
authorization.
10. Process the data for
faculty.
11. Process transport
allowance for a

22
facilitator.

23
24