What is the diff between a Treasury post and Accounting post?
Answers:
Adding on to Abel's answer, the treasury department where on earth I work also negotiate next to bank to acquire the best credit and guard picture deal. The treasury department requests to take the best interest rates or credit lines, loans, and interest-bearing deposit accounts as possible. They also look for dutiful bonds to invest in.
As for our accounting department, they fiddle with the bookkeeping, CD transactions, accounts receivable, accounts payable, and financial reporting.
The two departments work together pretty a bit, too. For example, the treasury department sends out electronic payments for accounts payable.
A treasury post have something to do beside handling the brass and other assets of a business. This would include the control of payables for license, insurance and taxes.
On the other foot, an accounting post involves hang on to files of accounts of a business or organisation.
Peace and blessings!
Treasury is related to currency nouns i.e. brass receipts, wall relations, mound statement reconciliations, chain transfers etc. Treasury functions typically interact next to accounting but really are a short time bit out of the regular accounting function. accounting is the controllers department (accounts payable, accounts receivable, fixed assets, broad ledger),, Tax, Cost Accounting internal and external reporting.
Hope this help.