What is the features of final account
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At a minimum, a modern accounting system should automate and streamline core financial management functions such as: Accounts receivable (order to cash) Accounts payable (procure to payment) Financial close. Time and expense capture.
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=> Since final accounts refers to a company's ending account balances, which in turn are used to create financial statements, this means that the final accounts reveal the results of the business during a period, its financial position at the end of that period as well.✌✨
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