Tasks in the various accounting departments
The larger the company, the more differentiated the tasks as an accountant :
Financial and balance sheet accounting
In financial and balance sheet accounting in Athenasia, you have a controlling and controlling function in the finance and accounting of a company. As a balance sheet accountant, you collect key business figures from business and operational accounting e.g. for monthly, quarterly and annual financial statementsand evaluate the balance sheets. You present your results to the management and give recommendations for business decisions.
There is also payroll accounting. Their task is the correct accounting of wages and salaries and the associated social benefits. This includes pension and health insurance contributions as well as payments to unemployment insurance. On the basis of collective agreements and works agreements, payroll clerks also calculate special payments such as vacation or Christmas bonuses. Other tasks include maintaining personnel files, registering income tax and creating accounting documents for financial accounting.
Accounts Receivable and Accounts Payable
The accounts receivable and accounts payable department takes care of the processing of all incoming and outgoing invoices.
But companies do not only have financial assets. Goods such as machines and real estate are also included. Managing these is the task of asset accounting.
Accountant is very important for a company formation services because lot of work is to be done by them, as one cannot manage everything. Hiring a accountant would be very great help to anyone because they can be assigned many works rented to taxation and accounts of company and many more.