Manage Business and Financial Operations as well as Business Deals
Modern accounting processes for business are extremely complex, encompassing diverse functions that need to be integrated in order to enhance the overall health of the business and performance. These tasks include journal entries and general ledgers as well with financial statements, including statements on income and balance sheets. A financial manager also has to make decisions on how to best utilize the cash resources of the business. This could involve giving dividends to shareholders, retiring loans, buying short-term government bonds or business securities, or using excess money to expand the business through acquisitions of other companies. The aim is to make sure that the company has enough cash to fund its operational expenses and growth. This article explains how business transactions and financial processes are handled.