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Accounting Functions

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Accounting Functions

The core functions of accounting are bookkeeping and financial reporting to management and staff. However, the accounting department of a business is usually also responsible for payroll, cash inflows, cash payments, purchases and inventory, and property accounting. If these functions are not performed efficiently and on time, the business cannot survive.

The first core function of accounting is too keep track of and record all the above economic exchanges, while the second is to report it. Abacus gives its customers complete control of the accounting functions with a wealth of choices to fit individual business needs.

Considerations

Accounting Functions Choices

  Sales

  Accounts Payable

  Payroll

  Period End

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What They're Saying About Abacus Above House Products

John Konkle
50 eggs Inc.
From the use of Enterprise.com to above house reporting, Abacus has helped us to manage both our corporate and franchise stores from one centralized location. We have strengthened our P&L’s and look forward to a great working partnership moving forward.

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