The list of works that are done to set up the financial accounting system
Creating Regulation on the accounting policy of the enterprise;
Defining the format of the final financial statements: for managers of various levels, top management, owners;
Defining the procedure for collecting financial information:
the type of reporting for departments (employees), the frequency of filing reports, the form and frequency of filing a financial plan (budget), the form and procedure for processing applications for payments, etc.;
Defining the financial structure of the company: which departments (employees) must submit activity reports / financial plans and to whom they must submit them;
Defining information which can be found in existing information systems and organizing information export to FinBook (if necessary);
Defining access rights to information;
Customizing FinBook in accordance with the above-mentioned regulations;
Organizing the input of incoming balances in the cash-book on a specified date;
Organizing the process of collecting information: all specified departments and employees submit current reports, financial plans and requests for payments using a set form and at a set time;
Organizing work of the financial service: receiving reports, plans, applications, processing them in accordance with the accounting policy and preparing the final statements in the set form;
Business game and training of the employees: the work of employees and financial service to collect and process information from the starting date and up to the current day.
Putting financial accounting into the current operational activities.