Noun Phrase
/əˈkaʊnt dɪˈpɑːrtmənt/
The term "account department" refers to a specific section within an organization or company that is responsible for handling financial records, including accounts receivable and payable, payroll, budgeting, and ensuring compliance with financial regulations. The account department plays a crucial role in maintaining the financial health of a business by tracking its financial activities and providing necessary reports for internal and external stakeholders.
In terms of usage, "account department" is more commonly found in written contexts, such as business reports, organizational charts, and emails, though it may also appear in oral communication during business discussions.
The account department has verified all invoices for this month.
El departamento de cuentas ha verificado todas las facturas de este mes.
Employees must submit their expense reports to the account department for reimbursement.
Los empleados deben enviar sus informes de gastos al departamento de cuentas para su reembolso.
The account department plays a vital role in ensuring the company's financial stability.
El departamento de cuentas juega un papel crucial en asegurar la estabilidad financiera de la empresa.
The term "account" is often used in various idiomatic expressions, especially in relation to finance and accountability. Below are some examples:
Take into account
Always take into account the potential risks before making an investment.
Siempre ten en cuenta los riesgos potenciales antes de realizar una inversión.
On account of
We decided to postpone the meeting on account of the bad weather.
Decidimos posponer la reunión a causa del mal tiempo.
Account for
The sales figures account for the majority of our revenue this quarter.
Las cifras de ventas constituyen la mayor parte de nuestros ingresos este trimestre.
By all accounts
By all accounts, the project has been a tremendous success.
Por lo que se dice, el proyecto ha sido un éxito tremendo.
Give an account of
He was asked to give an account of his actions during the incident.
Se le pidió que diera cuenta de sus acciones durante el incidente.
Account to
As a manager, you must account to the board for your team's performance.
Como gerente, debes rendir cuentas a la junta por el desempeño de tu equipo.
Take into account
You need to take into account all the expenses before finalizing the budget.
Necesitas tener en cuenta todos los gastos antes de finalizar el presupuesto.
On account of
We had to leave early on account of the heavy traffic.
Tuvimos que irnos temprano a causa del intenso tráfico.
Account for
These findings account for a significant breakthrough in our research.
Estos hallazgos representan un avance significativo en nuestra investigación.
The term "account" originates from the Latin word "computare," meaning "to count" or "to calculate." The word "department" comes from the Old French "departement," which means a division of something. Together, "account department" signifies a division responsible for counting, managing, and regulating a company's financial resources.