Accounting Department

 

Accounting Department

Section of a company that deals with the accounting side of the company. Accounting department of a company is responsible for recording transactions, maintaining the general ledger, billing customers, paying bills, cost accounting, payroll, preparing financial statements, performing financial analysis, and more. The head of the accounting department is often given the title of accounts manager. Some companies maintain in-house accounts department, some outsource bookkeeping & accounting, whereas others outsource the entire accounts and finance department.

 

 

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