As the first 40 hours of my internship finished my supervisor changed position and assigned me in the accounting department .the accounting department main responsibility is to post the invoices and run the payment. I was first assigned to learn how to post the invoice.
Most invoices are usually received from IT, marketing and HR. There are two type of invoice, the first is the OPEX which is the operation expenditure, the second is the CAPEX which the capital expenditure.
In the second 40 hours of training I was trained to be able to post invoices and differentiate between operating expense and capital expense. Operating expense are expenditure that do not result in owning an assets that will be used for more one accounting period and do not improve the useful life for an existing assets whither by increasing it capacity or efficiency for more than one accounting period.