0
What else can I help you with?
What is the purpose of the financial department?
To keep record of the financial transactions of a business. that is all now go away
Why it is important to keep a record of all financial transactions?
There various reason why to recording your transaction. It helps business to see where most of their money is coming from along with what is costing them the most.
Why is it important to record transactions correctly and accurately in business?
It is important to keep record for tax purposes. Good record keeping is also useful for end of year profit calculation.
Can you delete a bank statement?
No, you cannot delete a bank statement. Once a bank statement is generated, it is a permanent record of your financial transactions and cannot be deleted.
How can a personal assistant help prevent money laundering within a business or organization?
A personal assistant can help prevent money laundering within a business or organization by being vigilant and monitoring financial transactions for any suspicious activity. They can also ensure that proper documentation and record-keeping procedures are followed to track the source and destination of funds, as well as report any unusual or large transactions to the appropriate authorities.
What is the purpose of the financial department?
To keep record of the financial transactions of a business. that is all now go away
An information system that enables a business to record business transactions and report financial information called?
It is called an accounting system.
Book keeping services would be used to record what?
Bookkeeping services are used to record the financial transactions of a business. These transactions include payments by an organization or individual, purchases, sales and receipts.
What is role of bookkeeper?
The bookkeeper central role is to record the financial transactions occurs with in the business. Transactions include purchases, sales, receipts and payments by an individual or organization. The accountant creates reports from the recorded financial transactions recorded by the bookkeeper and files forms with government agencies.
What software helps companies record and report their financial transactions?
Accounting
How do you explain accounting Cycle?
It is a process to record business transactions in ledger accounts and then generating useful financial information for example income statement, balance sheet.
Software that's helps companies record and report their financial transactions?
Accounting
Definition of general ledger?
A general ledger is a complete financial record of all transactions completed within a business. This covers the life of the company and essentially never ends.
Why it is important to keep a record of all financial transactions?
There various reason why to recording your transaction. It helps business to see where most of their money is coming from along with what is costing them the most.
Why there is a need to keep a written record of all business transactions?
secret
What is an audit trail?
An audit trail is a formal record or log of the financial transactions of an organization.
What are the basic function of accountant?
The basic functions of accounting are:Interpret and record business transactions.Classify similar transactions into useful reports.Summarize and communicate information to decision maker.
