Segregation of Duties: Why your A/P person should not be responsible for A/R.
To accurately keep tabs on your company’s performance metrics, you may want to segregate your accounting duties to minimize conflicts of interest. You should assign the accounts payable (A/P) and accounts receivable (A/R) jobs to separate individuals in Missouri to ensure your financial metrics remain complete and accurate. If you assign both of these task to a single person, you may find it difficult to control your accounts and quickly resolve discrepancies. Read on to lear
