Compte rendu réunion de suivi d’évolution du 22/07/2021

Information
Participants Reporter
on Practicals
-NJIKAM
SHERYL Supervisor:  7/23/2021 to  NJIKAM
-OSITA  Lieu : Bureau SHERYL
PECULIAR IWOMI

Excuse(s) Absent(s)
- -

1 Presentation and Progress

ACCOUNTANTS SUPERVISOR: Mr. FOMBA LOVETT
Accounting with our teacher and supervisor has been going normally, from the
first day on the 16/07 till today .
We have practiced on how to record daily transactions
On how to analyzed them
To process them since all companies do not work the same way
 Compte rendu réunion de suivi d’évolution du 22/07/2021

And also to learn on how to represent their way of working mostly the way money
leaves iwomipay which is the enterprise to enter the bank situated in GERMANY.
2 SITUATION
A representation on how the transactions are being carry out before been
recorded in the journal
MASTERCARDS
CUSTOMERS & visa

IWOMIPAY - CYBERSOURCE - ECOBANK - CASH

MOMO
&
OM

BANK IN GERMANY PAYPAL

 Compte rendu réunion de suivi d’évolution du 22/07/2021

IWOMIPAY is a fintech enterprise which mostly deals with business

transactions going on with their product in which the main product
we have been studying is softeller.
SOFTELLER is a product which does the mobile transfer of money
from a person to another, in which the details on how its transaction
goes on has been diagrammatically represent on the page above.
Here the money is being transfer from iwomipay to cybersource
which mostly deals with master cards and visa, it is an interface
between iwomipay and the bank
From the bank it goes to cash from cash to momo & Om / momo
online
Also the money from momo & Om goes two way either iwomipay or
PayPal from which it lands directly in the company bank account in
Germany.
WE do also elaborate the different expenses taken place in the
enterprise as transport expense etc. which are being recorded in the
expense account
 Compte rendu réunion de suivi d’évolution du 22/07/2021

FUTURE PROGRAM:

-TO do the ledger

To do the 6/8 column trial balance

Profit and loss statement
Income statement
To see/practice on how to audit an enterprise at the end of the
month on the day of the arrival of the auditors