# Accounting Department

*/Departments/Accounting_Department*

## Neighborhood

### Related (delivered by)

- [Trade Credit Issuance and Redemption](/Processes/Trade_Credit_Issuance_and_Redemption) — delivered by · Processes
- [Trade Credit Accounting](/Processes/Trade_Credit_Accounting) — delivered by · Processes
- [Payroll Posting](/Processes/Payroll_Posting) — delivered by · Processes
- [Client Ledger Onboarding](/Processes/Client_Ledger_Onboarding) — delivered by · Processes
- [Review accuracy of sales or other transactions.](/Activities/Review_accuracy_of_sales_or_other_transactions.) — delivered by · Activities
- [Review accounts to determine write-offs for collection agencies.](/Tasks/Review_accounts_to_determine_write-offs_for_collection_agencies.) — delivered by · Tasks
- [Review accounts for discrepancies and reconcile differences.](/Tasks/Review_accounts_for_discrepancies_and_reconcile_differences.) — delivered by · Tasks
- [Compute and verify totals on report forms, requisitions, or bills, using adding machine or calculato...](/Tasks/Compute_and_verify_totals_on_report_forms,_requisitions,_or_bills,_using_adding_machine_or_calculato...) — delivered by · Tasks
- [Compute and record totals of transactions.](/Tasks/Compute_and_record_totals_of_transactions.) — delivered by · Tasks
- [Calculate financial data.](/Activities/Calculate_financial_data.) — delivered by · Activities
- [Calculate tax information.](/Activities/Calculate_tax_information.) — delivered by · Activities
- [Perform accounting duties, such as recording daily cash flow, preparing bank deposits, or generating...](/Tasks/Perform_accounting_duties,_such_as_recording_daily_cash_flow,_preparing_bank_deposits,_or_generating...) — delivered by · Tasks
- [Perform accounting duties, such as bookkeeping, billing customers for services, or maintaining inven...](/Tasks/Perform_accounting_duties,_such_as_bookkeeping,_billing_customers_for_services,_or_maintaining_inven...) — delivered by · Tasks
- [Perform accounting and bookkeeping activities, such as invoicing, maintaining financial records, bud...](/Tasks/Perform_accounting_and_bookkeeping_activities,_such_as_invoicing,_maintaining_financial_records,_bud...) — delivered by · Tasks
- [Prepare trial balances of books.](/Tasks/Prepare_trial_balances_of_books.) — delivered by · Tasks
- [Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending...](/Tasks/Prepare_bank_deposits_by_compiling_data_from_cashiers,_verifying_and_balancing_receipts,_and_sending...) — delivered by · Tasks
- [Prepare bank deposits, balancing assigned funds as necessary.](/Tasks/Prepare_bank_deposits,_balancing_assigned_funds_as_necessary.) — delivered by · Tasks
- [Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, ...](/Tasks/Perform_financial_calculations,_such_as_amounts_due,_interest_charges,_balances,_discounts,_equity,_...) — delivered by · Tasks
- [Calculate revenue, sales, and expenses, using financial accounting or spreadsheet software.](/Tasks/Calculate_revenue,_sales,_and_expenses,_using_financial_accounting_or_spreadsheet_software.) — delivered by · Tasks
- [Perform paperwork required for monetary transactions.](/Tasks/Perform_paperwork_required_for_monetary_transactions.) — delivered by · Tasks
- [Prepare invoices, reports, memos, letters, financial statements, and other documents, using word pro...](/Tasks/Prepare_invoices,_reports,_memos,_letters,_financial_statements,_and_other_documents,_using_word_pro...) — delivered by · Tasks
- [Prepare and balance period-end reports, and reconcile issued payrolls to bank statements.](/Tasks/Prepare_and_balance_period-end_reports,_and_reconcile_issued_payrolls_to_bank_statements.) — delivered by · Tasks
- [Reconcile records of sales or other financial transactions.](/Activities/Reconcile_records_of_sales_or_other_financial_transactions.) — delivered by · Activities
- [Reconcile records of bank transactions.](/Tasks/Reconcile_records_of_bank_transactions.) — delivered by · Tasks
- [Reconcile or note and report discrepancies found in records.](/Tasks/Reconcile_or_note_and_report_discrepancies_found_in_records.) — delivered by · Tasks
- [Reconcile financial data.](/Activities/Reconcile_financial_data.) — delivered by · Activities
- [Reconcile daily summaries of transactions to balance books.](/Tasks/Reconcile_daily_summaries_of_transactions_to_balance_books.) — delivered by · Tasks
- [File sales slips in customers' ledgers for billing purposes.](/Tasks/File_sales_slips_in_customers'_ledgers_for_billing_purposes.) — delivered by · Tasks
- [Prepare and deliver lectures to undergraduate or graduate students on topics such as financial accou...](/Tasks/Prepare_and_deliver_lectures_to_undergraduate_or_graduate_students_on_topics_such_as_financial_accou...) — delivered by · Tasks
- [Prepare chargeback invoices](/Processes/Prepare_chargeback_invoices) — delivered by · Processes
- [Prepare business unit financial statements](/Processes/Prepare_business_unit_financial_statements) — delivered by · Processes
- [Maintain fixed-asset master data files](/Processes/Maintain_fixed-asset_master_data_files) — delivered by · Processes
- [Adjust accounting records](/Processes/Adjust_accounting_records) — delivered by · Processes

### Measured by

- [Days To Close](/Metrics/Days_To_Close) — measured by · Metrics
- [Reporting Timeliness](/Metrics/Reporting_Timeliness) — measured by · Metrics
- [Subledger to General Ledger Variance](/Metrics/Subledger_to_General_Ledger_Variance) — measured by · Metrics
- [Audit Adjustment Count](/Metrics/Audit_Adjustment_Count) — measured by · Metrics

### Processes it runs

- [Audit Preparation and Auditor Liaison](/Processes/Audit_Preparation_and_Auditor_Liaison) — runs · Processes
- [Payment Posting and Account Reconciliation](/Processes/Payment_Posting_and_Account_Reconciliation) — runs · Processes
- [Perform closing of general ledger](/Processes/Perform_closing_of_general_ledger) — runs · Processes
- [Maintain Subledgers](/Processes/Maintain_Subledgers) — runs · Processes
- [Prepare Management and Statutory Reports](/Processes/Prepare_Management_and_Statutory_Reports) — runs · Processes

### Problems this exposes

- [a netted-to-zero variance can hide offsetting errors across modules, passing the tie-out check while the detail is wrong](/Problems/a_netted-to-zero_variance_can_hide_offsetting_errors_across_modules,_passing_the_tie-out_check_while_the_detail_is_wrong) — exposes problem · Problems
- [Subledger to General Ledger Variance is computed by hand across AP/AR/FA modules each period, so the metric itself lags the close it should gate](/Problems/Subledger_to_General_Ledger_Variance_is_computed_by_hand_across_AP%2FAR%2FFA_modules_each_period,_so_the_metric_itself_lags_the_close_it_should_gate) — exposes problem · Problems
- [hitting the reporting deadline rewards filing on estimates later reversed, decoupling timeliness from accuracy](/Problems/hitting_the_reporting_deadline_rewards_filing_on_estimates_later_reversed,_decoupling_timeliness_from_accuracy) — exposes problem · Problems
- [Reporting Timeliness scored on the management close ignores the separate manual reconciliation of statutory vs GAAP/IFRS bases that lags it](/Problems/Reporting_Timeliness_scored_on_the_management_close_ignores_the_separate_manual_reconciliation_of_statutory_vs_GAAP%2FIFRS_bases_that_lags_it) — exposes problem · Problems
- [Days to Close is hostage to subledger-to-GL tie-outs that aren't sequenced into the close checklist's critical path](/Problems/Days_to_Close_is_hostage_to_subledger-to-GL_tie-outs_that_aren't_sequenced_into_the_close_checklist's_critical_path) — exposes problem · Problems
- [compressing days-to-close pressures skipping reconciliations, trading the metric against the audit-adjustment count the team also owns](/Problems/compressing_days-to-close_pressures_skipping_reconciliations,_trading_the_metric_against_the_audit-adjustment_count_the_team_also_owns) — exposes problem · Problems
- [a low adjustment count can reflect rubber-stamped review rather than a clean close, masking risk in the metric](/Problems/a_low_adjustment_count_can_reflect_rubber-stamped_review_rather_than_a_clean_close,_masking_risk_in_the_metric) — exposes problem · Problems
- [Audit Adjustment Count can't trace an adjustment back to the close-task that produced the balance, so each is re-investigated from scratch](/Problems/Audit_Adjustment_Count_can't_trace_an_adjustment_back_to_the_close-task_that_produced_the_balance,_so_each_is_re-investigated_from_scratch) — exposes problem · Problems
- [audit PBC items can't trace back to the close-task that produced a balance, so each request is re-investigated from scratch](/Problems/audit_PBC_items_can't_trace_back_to_the_close-task_that_produced_a_balance,_so_each_request_is_re-investigated_from_scratch) — exposes problem · Problems
- [the close is blocked waiting on subledger-to-GL tie-outs that aren't sequenced into the close checklist's critical path](/Problems/the_close_is_blocked_waiting_on_subledger-to-GL_tie-outs_that_aren't_sequenced_into_the_close_checklist's_critical_path) — exposes problem · Problems
- [statutory vs management reporting reconciled manually across GAAP/IFRS/local-stat bases](/Problems/statutory_vs_management_reporting_reconciled_manually_across_GAAP%2FIFRS%2Flocal-stat_bases) — exposes problem · Problems
- [close-task checklist and inter-entity eliminations tracked in spreadsheets, the critical path invisible](/Problems/close-task_checklist_and_inter-entity_eliminations_tracked_in_spreadsheets,_the_critical_path_invisible) — exposes problem · Problems
- [subledger-to-GL tie-outs across AP/AR/FA modules redone by hand each period](/Problems/subledger-to-GL_tie-outs_across_AP%2FAR%2FFA_modules_redone_by_hand_each_period) — exposes problem · Problems
- [AP invoice coding and three-way match done manually, slowing approvals and missing discounts](/Problems/AP_invoice_coding_and_three-way_match_done_manually,_slowing_approvals_and_missing_discounts) — exposes problem · Problems
- [AR collections prioritized by gut rather than aging and payment-behavior data](/Problems/AR_collections_prioritized_by_gut_rather_than_aging_and_payment-behavior_data) — exposes problem · Problems
- [audit/document requests scramble to assemble support scattered across systems](/Problems/audit%2Fdocument_requests_scramble_to_assemble_support_scattered_across_systems) — exposes problem · Problems
- [expense-report review is rubber-stamped, so policy violations slip through](/Problems/expense-report_review_is_rubber-stamped,_so_policy_violations_slip_through) — exposes problem · Problems
- [manual bank reconciliations consume days each period](/Problems/manual_bank_reconciliations_consume_days_each_period) — exposes problem · Problems
- [Month End Accrual Reconciliation](/Problems/Month_End_Accrual_Reconciliation) — exposes problem · Problems

### Staff

- [Controller](/JobTypes/Controller) — staff · JobTypes
- [Accounting Manager](/JobTypes/Accounting_Manager) — staff · JobTypes
- [Accounts Receivable Clerk](/JobTypes/Accounts_Receivable_Clerk) — staff · JobTypes
- [Accounts Payable Clerk](/JobTypes/Accounts_Payable_Clerk) — staff · JobTypes
- [General Ledger Accountant](/JobTypes/General_Ledger_Accountant) — staff · JobTypes
- [Staff Accountant](/JobTypes/Staff_Accountant) — staff · JobTypes

### Part of

- [Public Corporation](/CompanyTypes/Public_Corporation) — part of · CompanyTypes
- [Mid-Market Enterprise](/CompanyTypes/Mid-Market_Enterprise) — part of · CompanyTypes