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Tally ERP Training Center
ACCOUNTING IS THE RECORDING OF FINANCIAL TRANSACTIONS OF A BUSINESS OR ORGANIZATION. IT ALSO INCLUDES THE PROCESS OF SUMMARIZING, ANALYZING AND REPORTING THESE TRANSACTIONS IN FINANCIAL STATEMENTS.
THE PRIMARY TASK OF ACCOUNTANTS, WHICH EXTENDS TO ALL THE OTHERS, IS TO PREPARE AND EXAMINE FINANCIAL RECORDS. THEY MAKE SURE THAT RECORDS ARE ACCURATE AND THAT TAXES ARE PAID PROPERLY AND ON TIME. ACCOUNTANTS AND AUDITORS PERFORM OVERVIEWS OF THE FINANCIAL OPERATIONS OF A BUSINESS IN ORDER TO HELP IT RUN EFFICIENTLY.
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