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Accounting
The systematic recording, reporting, and analysis of financial transactions of a business. Accountant is one who records these financial transactions on a day to day basis. The accounting department is known as Accounts Department and is usually headed by the Chief Accountant. The accounts are usually made up for full one year
Costing:
Costing is the estimation of providing the cost of any product or items that is to being manufactured either for marketing purposes or for providing the quotation for the tender.The cost estimation is essential so that wee may not loose the tender or the market. If the price in the market is too low then the cost of the product, we may incur heavy losses. Similar is the case with tender business.
