Corporate accounting constitutes the groundwork of any corporate analysis and for cost planning and performance control in your undertaking.
The management of your bookkeeping therefore also includes a short-term performance analysis: Such an analysis gives you an idea of the direction your income and expenditure is moving in. This information provides you with insights into your company’s situation and gives you the chance to take any action that may be necessary in a timely manner.
Allocation of current business transactions to accounts and entry into an IT system
Management of outstanding receivables from customers and payables to suppliers
Organising your accounting system
Reporting on your business developments
Writing up short-term performance reports
Continuous reconciliation of accounts
Preparation of short-term profit and loss accounts