http://opuscs.com/images/financial.jpg

Distinction between economic and financial

The economic concept is related to the results, gains and losses, costs.

Financially is all related to the particular movement of funds, revenue (sources) or outflows (applications).

Financial Planning

Sound financial management does not evaluate or only if you have no money now: it comes to planning, to provide good governance for the future and the likely lack or excess of money (deficit or surplus).

The primary tool for financial planning is the financial budget, which is part of a larger system called the budgetary system. Within the budgeting system, the financial budget deficits likely to anticipate, develop strategies to meet them, and simultaneously analyzed the possible investment decisions to be made in the case of surplus.

Banking

Banks carry out various operations are those that characterize his administration. To pursue them is necessary to complete various forms.

Bank reconciliation

Is the analysis of the current account information. We compare the company’s accounting information, and analyzes the differences, making appropriate adjustments.
Contribute a better translation