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ACCOUNTING

Business Accounting and Control Summary

The HOPE system is unique in that it offers a complete management and control system integrated with the actual conduct of every days work. You have already seen many of the reporting and analysis tools available to you. This section shows and explains how the actual transactions you conduct every day seamlessly create the accounting and control records for your company and its environment. This allows you to prepare balance sheets, profit and loss statements, trial balances, and company books and journals without editing or re-entering most data. In addition, it gives you the opportunity to make additions and corrections with complete audit trail support.

This section covers both daily and periodic activities. By studying it you will learn how the HOPE system places information into your accounting system, as well as how to retrieve it in the normal report and analysis forms you will want and need.