The Importance Of Accounting Business Process

2834 Words6 Pages

Business Process
Caesar Coons
30 January 2014
Dr. Jerald Hatton

Business Process

3025
1. Accounting Business Process.
It should be noted that accounting is the most formalized department where all the functions are more or less spelled out in each company, as well as accounting for the business processes are mainly included in the application solutions. But our experience shows that each accounting department in each company is very different form of work and, consequently, their business processes. Accounting is available in each company except those smaller organizations that connect outsourcing for this part of the work, but in these cases it is also necessary to prescribe, in which parts of the business processes will appear any contact or transmission of data for coming accountant.
One of the ways to customize the work of accounting for business tasks - is to clearly define its goals, objectives and functions. In accounting staff begins to understand that business results depend on their work. The law determines goals and objectives in terms of bookkeeping in accounting, but other goals are determined and based on business objectives. For example, the provision of timely and accurate management information for decision- making is essential. On the one hand, there is the need to define and optimize the existing accounting processes, on the other hand, it is important to design and implement processes, using traditional accounting.

2. Financial Business Process.
Financial business processes in most companies are subsidiary or serving. Their mission is to help the functions of sales, production, logistics, procurement, and administration to generate maximum profit rationally using current and fixed assets ...

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...determine the distribution of elements in the structure of IT solutions. The third decisive step is the IT implementation plan. IT implementation plan - is a key document that defines what, at what time, what forces and means we will be doing. By creating a detailed plan, we firstly automatically find all the discrepancies in timing, secondly, we identify “narrow” places, and finally draw up a program of action for the entire implementation process, which gives each participant a clear understanding of its role in process. And finally, we need a finishing touch - a document regulating the use of the introduced IT solutions. This document defines the whole future life of information technology, it should be prescribed input and output data, the expected results of the use, interaction with other information systems of the Company and between the users of the product.

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