Home / Design, Implementation & Review of Accounting Manual
Updated on 25 May 2020 9.00 AM IST | 4 min read
Accounting Manual Overview
An accounting manual is a very important handbook developed internally containing the accounting rules & other information about the business. This handbook contains all the policies & procedures to be followed by the staff of a firm or a company. It contains sample forms, chart of accounts and job description.
It is a training guide for every new employee and work as a refresher for existing employees. Finacbooks helps you in designing, implementing and reviewing of Accounting manual. This important handbook named “Accounting manual” is a very useful document for a firm or a company. Therefore, Finacbooks knows its importance and help their clients in framing their policies & procedures, implementing them and even reviewing them till the client is not satisfied.
Some of the examples of what an accounting manual contains are given below –
- New customers & how to manage them
- New suppliers & how to manage them
- How to determine when stock, equipment’s needs to be purchased
- How & when new bank accounts are opened
- Insurance & risk management
- Debt collection etc.
What Is Included In Our Package?
Designing of Accounting Manual
Proper designing of an accounting manual is very important as it influences the person to read it. Therefore, it should be designed in such a way that a person attracts towards it & read it properly. It should be easily understandable as per the design and should contain all the company’s information.
Implementation of Accounting Manual
Implementation of an accounting manual is also not an easy task to handle as it should be easily interpreted and understood by everyone involved in the business. Before implementing it, we have to check whether we have done any error while designing the same or not. If there is an error, we have to solve it first and then we will implement it. If there is no error, we have to implement it right away. While implementing, every person involved in the business should know every policy and procedure of the company.
Reviewing the Accounting Manual
Reviewing of accounting manual is also very necessary as here we have to review that whether accounting manual is properly implemented or not. If not, we have to take an action as early as possible. Finacbooks helps you in reviewing the accounting manual as well as in correcting errors done while implementing.
Accounting Manual Design, Implementation & Review Services
- Designing of accounting manual
- Implementation of accounting manual
- Reviewing of accounting manual
Accounting Manual Design, Implementation & Review Benefits
How Finacbooks Can Help?
Finacbooks is one of the leading Indian firms with more than 10 years of experience in helping businesses in designing, implementing and reviewing of accounting manuals. Proper accounting manual should contain the following –
- It should contain accounting goals, plans & procedures.
- It should be flexible.
- It should reflect the culture of the business.
- He should be in simple language & easily understood by everyone involved in the business.