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Accounts receivable and Accounts Payable are usually the two departments associated with this. The tax department probably oversees accounting in all aspects.
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What is difference between nominal and real account?
Nominal Accounts are income statement accounts and include revenue, gain, expense & loss accounts. The balances of these accounts are closed as a rule to a summary account at the end of each fiscal year to determine the net income for the period and are included in retained earnings. The numbers in the nominal accounts will portray the performance or results of operations of a company for a particular period. Real Accounts are balance sheet accounts, which include assets and liabilities. The numbers in these accounts disclose the company's financial position: everything the company owns and owes.
What can one do with an accounts payable clerk?
An accounts payable clerk is a position where one works in a specific division of an accounting department. An accounts payable clerk is the one that is responsible for making payments on behalf of the company one works for in order for payments to be made on time.
How can you get an alert when those accounts have statements ready in access online?
I can search and select those accounts based on processing hierarchy position and add them to my accounts for email notifications.
What accounts will only be found in the chart of accounts of a merchandising company?
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What is Increase in income accounts?
Income Accounts (aka Revenue) are accounts that show the amount of money a company is bringing in by supplying a goods or service. An Increase in these accounts would mean that the business is at least there is cash flowing into the company.
Can you give the example of recruitment and selection plan for the position of accounts clerk?
An accounts clerk is not a major position in a company. The recruitment can take place on online job boards and then interviews can be chosen from the candidates. You can then choose your candidate and hire them.
What is the difference between accounts only and accounts with inventory in tally?
account only particular ledger ,account with inventory deals with item and groups of item In account only we cannot deals with stock entry ,But in accounts with inventory we can deal with stock entry . Account only deals with firm.But Accounts with inventory deals with manufacturing and trading.
What is the description for an accounts payable position?
An accounts payable position is called a Purchase Ledger Clerk
What is difference between nominal and real account?
Nominal Accounts are income statement accounts and include revenue, gain, expense & loss accounts. The balances of these accounts are closed as a rule to a summary account at the end of each fiscal year to determine the net income for the period and are included in retained earnings. The numbers in the nominal accounts will portray the performance or results of operations of a company for a particular period. Real Accounts are balance sheet accounts, which include assets and liabilities. The numbers in these accounts disclose the company's financial position: everything the company owns and owes.
You want to rename my depertment name which deals in bills?
You don't say what the current name is for your department but I can call most any company I owe and ask for "Accounts Receivables" and be connected correctly to the where the bills are handled. "Accounts payable" department is where I find the people that pay out Company owed monies for bills sent to them.
What can one do with an accounts payable clerk?
An accounts payable clerk is a position where one works in a specific division of an accounting department. An accounts payable clerk is the one that is responsible for making payments on behalf of the company one works for in order for payments to be made on time.
Is Anz Banking located all over the world?
"ANZ Banking is a company that deals mostly with Australia (A) and New Zealand (NZ), hence the name of the company being ""AnZ"" banking. They handle accounts from customers in both countries."
Is accounts payable a debit or credit?
Accounts Payable is the amount which is payable by company for the merchandise purchased by company but payment is due in future, as it is the liability of company so like all liability accounts it has credit balance as normal balance.
How can you get an alert when those accounts have statements ready in access online?
I can search and select those accounts based on processing hierarchy position and add them to my accounts for email notifications.
What accounts will only be found in the chart of accounts of a merchandising company?
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How can a company improve its liquidity position?
How can the liquidity position of a company be improved
What is Increase in income accounts?
Income Accounts (aka Revenue) are accounts that show the amount of money a company is bringing in by supplying a goods or service. An Increase in these accounts would mean that the business is at least there is cash flowing into the company.
