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They maintain the general ledger which is all the financial transactions of the business. They usually are responsible for paying bills and collecting cash from customers. They also prepare the company's financial statements. Depending on how complex the organization is, they may have a number of other responsibilities like handling taxes, but those are the standard, basic ones. It's a very important (even if not exciting) function for a business.
Chris Hawkins
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What are the functions of an audit department?
to audit the books of a company and the companies employees who do the books, usually accounting related
Various types of accounting packages along with their functions?
discuss brifly various types of accounting packages along with their functions
Duties and responsibilities of accounting department?
The accounting department is responsible for analyzing and tracking numbers. Their accuracy is a significant factor to whether the business will succeed or not.
Which department in a company is responsible for payroll accounting?
The accounting department is responsible for payroll accounting in a company. They crunch all the numbers and do all the work to calculate how much money should be given to workers.
What is the accounting department of the Treasury called?
exchequer
Functions of accounting department in hotel?
The accounting department in the hotel is responsible for all accounts receivable and accounts payable. They are responsible for balancing the books and making sure everything passes audit.
What are the functions of an audit department?
to audit the books of a company and the companies employees who do the books, usually accounting related
What are the functions of Audit department?
to audit the books of a company and the companies employees who do the books, usually accounting related
Functions of finance department in an organisation?
* maintain accounting system * Pay salary *taking capital structure decisions *preparing budget
What are the functions of an accounting officer?
Accounting officer record all income and expenditure of a company or organisation, forecast the future stand of it, advice on any related finances of a company,also there is must be a budgeting for every department.
What accounting function can be performed only by a CPA?
accounting functions
What is the 5 main function of accounting?
The 5 major functions of accounting are recording, classification, analysis and Interprets, Communication and Summarizing. These functions defines the accounting profession.
Various types of accounting packages along with their functions?
discuss brifly various types of accounting packages along with their functions
Identify three functions of the pantry department?
what are three functions of the pantry department?
What is the relationship between human resource department and accounting department?
hjkk
What are the function of a finance department?
The main functions of the finance department are to put in place an effective financial cost effective control system including trimming wasteful expenditure, centralized accounting system, and help in boosting production output of the company.
Duties and responsibilities of accounting department?
The accounting department is responsible for analyzing and tracking numbers. Their accuracy is a significant factor to whether the business will succeed or not.
