Organization and Centralization
Accounting can organize businesses and centralize the flow of paperwork.
- Accounting forces a level of organization to make the accounting system work. The system must recognize revenue transactions, so other departments must document and forward information and bills to accounting.
- If employees need to find a bill or an invoice, they ask the accounting department for a copy of it or information about it. Employees do not ask marketing or other departments for financial information because the accounting department centralizes and organizes financial transactions.
