answersLogoWhite

0

A chart of accounts provides a listing of all financial accounts used by particular business, organization, or government agency. The system of recording, verifying, and reporting such information is called accounting

User Avatar

Nash Towne

Lvl 10
4y ago

What else can I help you with?

Related Questions

What does Emma originate from?

EMMA stands for Enterprise Monitoring and Management of Accounts.


What are the differences between books of accounts of a manufacturing enterprise and a merchandising enterprise?

difference between services enterprise and merchandising enreprise and manufacturing enterprise


Who is the father of management accounts?

of management accounting


What are the tools used to working capital management?

Some of the tools used for working capital management include cash flow forecasting, accounts receivable management, inventory control, and accounts payable management. Cash flow forecasting helps in predicting future cash inflows and outflows, enabling effective management of cash. Accounts receivable management involves monitoring and collecting payments from customers in a timely manner. Inventory control focuses on optimizing the level of inventory to avoid excess or shortage. Accounts payable management involves managing and negotiating payment terms with suppliers to optimize cash flow.


What is the importance of having a well-organized chart of accounts for personal finance management?

A well-organized chart of accounts is important for personal finance management because it helps individuals track their income, expenses, assets, and liabilities in a systematic way. This organization allows for better financial decision-making, budgeting, and monitoring of financial health.


What are the 5 cash management tools?

The five cash management tools are: checking accounts, savings accounts, CD's, bonds, and money market accounts.


Is there a way to share contacts between Gmail accounts?

No, but you could export them and import on the other account. You can install this application on Google App Engine to share contacts with different GMail or Google Apps accounts right from the contact manager: http://www.google.com/enterprise/marketplace/viewListing?productListingId=5578829+5319719112092419985


What is the meaning of the abbreviation 'AM' after your name?

The abbreviation stands for Accounts Management or Accounts Manager.


Good android application for a business accounts?

Some examples of Good android application for a business accounts include Shoeboxed, Book Keeper Accounting, Mint and Quickbooks.


What are two reasons why a company should use a system of management accounts?

state two reasons why a company should use a system of management accounts


What is sap and how it differs from erp?

ERP (Enterprise Resource Planning) is enterprise wide information system which consolidate information from various functions/departments of an organisation.Here function means Supply chain Management, Manufacturing, Operations,Customer relationship management,Human resource,Payroll, accounts, finance,Warehouse Management,etc.WhereasSAP (Systems,Applications and Products) is a name of a company which offersERP solution for various industries to integrate information from variousfunctions of that industry under one system.In this there are 8 Modules in all


The major reporting standard for management accounts?

The major reporting standard for management accounts the Standards of Ethical Conduct for Practitioners of Management Accounting and Financial Management. The standards outline the ethical standards that accounting practitioners must adhere to.