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ERP Accounts and Finance Related Terminology Home Page


Day next balancing of accounts
Daily close/one-day close

Inmanagerial accounting, accounting balancing of accounts (measurement appraisal of enterprise achievement) do at 1 day unit. Early you discover the problematical point in regard to management, you are done in order to improve in real time.

The balancing of accounts which are done on the basis of law and rule such as commercial law and Securities and Exchange Law, 1 year and half, quarter are done at pace of one time, but if with the managerial accounting which is done because enterprise itself grasps the management state of the respective company of management topic of early detection is thought, as for totaling cycle shorter one is desirable. The shortest cycle is 1 day unit.

The management data which with day next balancing of accounts everyday life is obtained is fed back by the manager and the manager at once in order to achieve deliberate growth, from this analysis "is a problem and" means to take quick correspondence with vis-a-vis the topic which is judged.

When the environment which surrounds enterprise everyday life changing largely, the speed management (quick break and prompt decision, same line) with day next balancing of accounts and the like losing, stability and growth of management are not possible. In order to execute day next balancing of accounts speed management, production and sale and stock, buying, the physical distribution, accounts, information of all managements inside enterprise such as personal affairs/allowance is managed integrated monistically and it meaning thing that the management top looks at the management data in real time, the system which finishes must be established. Because of that, as for day next balancing of accounts at present big business,existence of the high-level information system of ERP and the like becomes prerequisite.

 



 
 
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