Field attachment report, carried out at Namutumba town council

Abstract

The executive summary consists of the statement of the most work carried out in the field of attachment that is finance department of Namutumba Town Council. This is mainly paper work of cash inflow and cash outflow in the organization and maintenance of books of accounts. Such work includes. • Preparing financial statements for example income and expenditure statement (statement of financial performance), cash flow statements, and statement of financial position at the end of every financial year. • Preparing the bank reconciliation statement for all transactions carried out at the end of every month. • Generating and filing of payment vouchers and fund transfer request forms by getting signatories from people concerned to sign. • Filing, stamping and storing the source documents. • Registration of local service tax for the Town Council. • Enumeration, assessment, collection, and distribution of revenue to town council departments.