
Operational accounting, also known as internal accounting, is used to collect, process and analyse data for the management and control of a company. In contrast to external accounting, which fulfils legal requirements, internal accounting is freely configurable and geared towards the internal needs of management. It includes cost and performance accounting as well as investment accounting and provides important information for operational decisions such as pricing and profitability control. Special requirements for internal reporting can be met by add-ons such as the Versino Financial Suite that enable advanced financial analyses.
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