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HR Finance 101: A Guide To Finance for HR

AIHR

They need to understand finance and accounting to make a difference as strategic partners in the planning and management of a large organization. Debits and credits are terms that refer to transactions entered in a double-entry system of accounting. A transaction is entered into an accounting record, typically in the ledger.

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Capital Expenditure Budget Examples In The Healthcare Management Industry

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Accountability becomes a more expansive part of healthcare management every year. Placing a burden on the department to control its budget makes accountability part of the approach to every task from the top down. Cash is the most liquid asset of any business, including hospitals and clinical services. Contract management.

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