Date Added: Jan 2010
The controlling department of an organization is supposed to be the department of finance. Many reasons are there to support this fact. Accounts, a part of finance is essential for variety of activities starting from setting up of the business till its maintenance. Capital is the only term that could be viewed multiple times while talking about business. Accounts payable is a basic service of accounting which is needed to be reconciled in such a manner so that the annual budget of the organization is maintained efficiently.