Accounting

Accounting is the science that designates the totality of numerical records made with the purpose of determining and ordering, in a complete way, all movements, in value and quantities, carried out within the scope of activity of a company or similar entity.

Accounting can be divided into financial and business accounting. Financial accounting comprises all payment operations between the company and abroad (for example, purchases and sales, banking operations) and allows the annual balance sheet to be drawn up for tax and commercial purposes. Business or analytical accounting involves the use of cost calculations (with their corresponding cost elements, etc.).