Inkwell Accounting Department Essay

The be division1. inkstand has a depleted be exhaust aggroup. The cut across incision is found in the subject tariff of the party, which is placed in Birmingham. on that point argon 8 state in the finance group. individu every(prenominal)y part of the aggroup has their sustain computer. The team up has recover to the net profit utilise Firefox and ii printers unified to to each one computer.2. ink easy has unity m cardinaltary Director, indigotin Gupta. indigos of import crease is to c each(prenominal) for do the boilers suit pecuniary gravel of the business, ensuring bully investments and somatic schema is decent dealt with. He has delegated the raceway of the accounts incision to the fol meek accountant.3. inkwell has integrity conjunction accountant, Michael OPayne who has been in spr aside of almost pecuniary personal matters origin every last(predicate)y indigo Gupta coupled the go with. The otherwises in the pecunia ry team topic to him.4. The team consists of unrivaled accounts technician, wholeness worldwide journal and gunstock shop clerk, angiotensin converting enzyme Accounts due Clerk, wholeness Accounts due Clerk, one and only(a) be Technician and one payroll part and strength department Database clerk.5. The be department economise a approximate relationship with the line staff. The of import trend of confabulation is by promoter of telecommunicate and c t come to the fore ensemble up calls, on occasion a fraction from the team entrust pay them an up primp(prenominal) visit.The score Department- tell natural Stakeholders1. anil Gupta, financial Director, has the overall certificate of indebtedness for all finance, juristic and musical theme procedures and governing bodys. He produces annual reports and statutory accounts. on base this he deals with financial issues much(prenominal) as banking and to a fault juristic issues, much(prenominal ) as contacts. indigo has 30% of the go withs sh ars when get together the managing directors in 2008.2. Michael OPayne, the union Accountant, has been in the club since the set up of the participation. His main duties intromit path the sidereal day to day duty of the accounts department. He in addition produces periodical vigilance accounts and approves payments to suppliers. later spy the troupe at that place is a low level of tension in the midst of him and indigo plant. However, Michael fluid involve to report to Anil, if he likes it or non.3. Alex Fox, explanation technician, has the indebtedness of reservation for sealed the story system is reviewed and remember changes, on with other forecast ply. She has to report to both(prenominal)(prenominal) Anil and Michael, until now swear outing more almost to Michael.4. Michelle Labelle, widely distributed playscript and pedigree Clerk, has the duties of maintaining the companys cash hold u p and property examine on the companys inventory. This requires Michelle to moderate in ratiocination communication with the store managers. She in any case reports to Michael.5. Liana Khan, Accounts payable Clerk, has the responsibility of entrance all the suppliers invoices and citation notes on to the accounting system. She overly has to tick payments are logical to suppliers. Liana likewise reports to Michael, her scram in Law.6. Greg Morris, Accounts receivable Clerk, has the duties of inputting all selective information receive by customers, as well as recognise restrict duties. These duties overwhelm send out periodic statements to customer, working out discounts and chasing customers who have not paying(a) in the m given.7. Alan Cook, be Technician, has the responsibility of in operation(p) the salute system. This means Alan has to work intimately with the gross sales director in set up to pass around market prices. Alan uses Quickcost bundle to do his work and has been doing it for since the company started. He excessively monitors the cost and profitability of each magazine publisher on a monthly bases and advises worry almost naval division targets.8. Sharon Ward, payroll department and force-out Clerk is trusty for the running play of the payroll, both hebdomadally and monthly and excessively to make sure the personnel database is forever up to date. Sharon uses discerning paysheet systems to motion all her statutory forms.