Accounting in Total Office Manager involves the set up the bookkeeping structure. This would include departments, chart of accounts, and sales tax. This is done to become the basis of business decisions and to properly interpret financial transactions.
Introduction A standard chart of accounts is organized according to a numerical system. Chart of Accounts - Numbering Convention states that each major category will begin with a certain number, and then the sub-categories within that major category will all begin with the same number. If assets are classified by numbers starting with the digit