Finanzbuchführung (EN)

Architecture

flowchart TD     A[Business transactions] --> B[Documentation]     B --> C[Posting]     C --> D[Account management]     D --> E[Closing]     E --> F[Balance sheet]     E --> G[Income statement]     F --> H[Stakeholders]     G --> H     H --> I[Authorities]     H --> J[Shareholders]     H --> K[Creditors] 

In Context

• Typically used together with cost accounting and controlling
• Related to: Annual financial statements, Balance sheet, Income statement, Commercial law
• Example use: Monthly recording of revenues and expenses for creating quarterly reports