Difference between finance and accounts, What is Ledger creation, Cash flow and fund flow,What was your last company work What is GST and taxation

Question

Accepted Answer

Finance and accounts are related but distinct fields. Ledger creation is the process of recording financial transactions. Cash flow and fund flow are tools used to analyze the movement of money in a business. GST is a tax system in India.

Finance deals with the management of money and investments, while accounts focus on recording and analyzing financial transactions.
Ledger creation involves setting up accounts to record financial transactions, such as sales, purchases, and expenses.
Cash flow refers to the movement of money in and out of a business, while fund flow analyzes the sources and uses of funds within a business.
Example: Finance department may analyze investment opportunities, while accounts department records and analyzes financial transactions.
GST (Goods and Services Tax) is a tax system implemented in India to replace multiple indirect taxes. It aims to simplify the tax structure and promote ease of doing business.
Taxation refers to the process of imposing and collecting taxes from individuals and businesses to fund government activities and services.

Accepted Answer

Accounts is an focus of money , inside of accounting and outside of account and finance is related to long term achievement finance is Management of assets and liability Finance show on company strategy

Difference between finance and accounts, What is Ledger creation, Cash flow and fund flow,What was your last company work What is GST and taxation

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