Narrative Report

I started my on-the-job training at Optimum Management and Business

Agency last July 1, 2014. Miss Donna Aguirre became my supervisor. She was very
accommodating and guided me on every task assigned to me. She also welcomed
every question I asked. My schedule was every Mondays and Tuesdays at 8:30 A.M.
to 5:30 P.M. But every time we have classes, they allow us to have an early out
which gives us time allowance for our transportation.
During my first day, I have already met all the employees including Miss Leila
Cruz, the owner. I have participated on their activity which is to pick a quality that
suits you. I have picked and wrote motivated in a temporary badge that must be
worn on that day. Miss Donna gave me all the tasks I need to accomplish for the
month. This includes the Cash Disbursement Books of Solar Mgmt. Services, Le
Massage Inc., Babyland Plus Inc., Vanguard and Whitescape Inc. I started by
updating the CDB of Solar Mgmt. Services from October December 2013. Next is
the CDB of Babyland Plus, Inc. from June August 5, 2014.
On my second and third week, I have updated again the CDB of Babyland
from August 5, 2013 April 2014 and also the CDB of Vanguard from February
April 16, 2014. On the fourth week, we asked permission to Miss Marge, if we can
add one more day on our schedule because we were getting late on our total hours
to complete and it was granted. I have also finished updating the CDB of Vanguard
from April 21 to 30, 2013, CDB of Whitescape from January April 2014, CDB of
Bideca from August December 2013 and CDB of Solar April 2012. I learned how to
update, generate and save excel file of VAT relief. I have finished the reliefs of CURA,
Dr. Jison and RS Corp., sales and purchases from April June 2014. I also encoded
bank statement of SARSA from June 1 to 30, 2014. And I also started updating
General Ledger of Whitescape from October 2013 April 2014.
On my fifth week, I updated the CDB of Solar from April December 2012 and
CDB of Babyland from May June 2014. On the sixth week, I organized the
stockcards OR, transmittal and AR inventory. I also stamped OMSBA and Optimus
Works check vouchers. I also updated GL of Solar from February December 2012,
Cash Receipts Book of Whitescape from January May 2014 and summarized on
excel the CDB entries of Le Massage January - July 2012.
On my seventh week, I also updated again the CDB of Vanguard, CDB of
Babyland and GL of Solar. I also went to Brgy. Hall of Malitlit for the Brgy. Clearance
of Holy Carabao and to BPI-Balibago to submit and follow-up online enrolment form.
I also got the privilege to be familiar with BIR forms when I was asked by Miss Marge
to fill up BIR form 2000, 0605 and 1903 and affidavit of no rental of Events &
Elements Inc.

Same tasks were always assigned to me thats why I got really familiar with
updating books of accounts and the entries of it. It was until my last month that I
have given different task after Ive done updating the BOA. Miss Marge asked me to
transmit BIR forms while Miss Kai asked to encode Eidriht VA Corp. Petty Cash Fund,
Sales Invoice and Cash Disbursements Receipts, Bideca Corp. August reports and
Centerline Petty Cash Fund, and Cash Disbursements Receipts. My last few days
were allocated for updating the General Ledger of Vanguard. Our last day felt like it
was not because we were not complete in the office but still we (me and Ivy) were
able to give the token of appreciation to all of them. I felt happy and relieved that
they really appreciate it.
This OJT have helped me a lot. OMSBA serves as my stepping stone and an
open door for me to see what will be my work after I graduated. It gives me an idea
and helps me become expose about the things I need to do in work. Unfortunately,
time and schedule have been our enemies because it was really hard balancing our
time for OJT and academics. I recommend adjusting the timing of OJT in our
curriculum to be added in summer so as to better focus on our coming Evaluation
Exams. Overall, this OJT was definitely worth it.

Polytechnic University of the Philippines

Santa Rosa Campus
City of Santa Rosa, Laguna

Accountancy Practicum Report

Bachelor of Science in Accountancy

Christine Joy M. Lacsamana

First Semester 2014