Writing Resources
Finance Department Financial information is entered into the accounting system so the company keeps safe all the necessary several types of information so as balanced sheets that summarizes the company's assets what it owns and owes and balance sheet reconciliation that give veracity to the report moving away from it any type of vices and giving clarity to the process As is a big company runs a lot of money through it and credit is part of it that's why credit checks are fully analyzed and carried by the finance operators so the company's credit history is benefiting further loans as the company frames a highly public record with any evictions reported bankruptcies tax liens or any judgements against it In accounting the monthly close is the processing of transactions journal entries and financial statements at the end of each month Under the accrual method of accounting it is imperative that the financial statements reflect only the transactions and journal entries having relevance to the current month s revenues and expenses and end of the month assets and liabilities
