Quản lý hàng đầu cũng có vai trò lãnh đạo, chỉ đạo nhân viên và kế hoạch. Một số nhà quản lý có thể thành công trong lãnh đạo hơn những người khác. Mục tiêu hàng đầu là hướng dẫn và động viên nhân viên để hoàn thành mục tiêu tổ chức. Vai trò này liên quan đến thủ tục giải thích, | Accounting and Finance 105 Order entry. Cost accounting. The following is an exploration of some of the important elements of the accounting system. Payroll Payroll accounting can be quite a challenge for the new business owner. There are many federal and state laws that regulate what must be tracked related to payroll. A business may face fines for maintaining incomplete or nonconforming records. Many small business owners outsource their payroll services and by so doing guarantee their compliance with all applicable laws. If payroll is maintained in-house it is advised that a business use an automated payroll system. Even if the books are done manually an automated payroll system will save valuable time and help considerably with compliance. Accounts Payable Accounts payable represent bills from suppliers for goods or services purchased on credit. Generally this debt must be paid within 12 months. It is important to track accounts payable in a timely manner in order to know how much each supplier is owed and when payment is due. If a business has a timely system in place to manage accounts payable it may often be able to take advantage of discounts that are provided for timely payments. A poorly managed supplier system can damage a relationship with a supplier and earn a business a poor credit rating. Fixed Assets Fixed assets are commonly recognized as long-lived property owned by a firm that is used in the production of its income. Fixed assets include real estate facilities and equipment. Other types of assets include intangible fixed assets such as patents trademarks and TLFeBOOK 106 MONEY ECONOMICS FINANCE AND ACCOUNTING customer recognition. Fixed assets are items that are for long-term use generally five years or more. They are not bought and sold in the normal course of business operation. In an accrual system of accounting fixed assets are not recorded when they are purchased but rather they are expensed over a period of time that coincides with the .
