Accounting program, Orkidha, destroys time in recording financial transactions. The main function of financial accounting is to write and record financial transactions. This function is called accounting in bookkeeping and is part of the importance of financial accounting in enterprises. Small business owners rely on financial accounting; In order to record all business activities occurring within their companies in the accounting program. Financial accounting relies on the use of double entries in the recording of all financial transactions. Therefore, each accounting process has two aspects, one creditor and the other debtor. The accounting program is important for business owners in financial accounting because it provides them with a systematic system that helps them to describe their business.

An accounting program, Orchida that delivers information to external parties:

The role of accounting program, Orchida in financial accounting is to help owners of commercial companies and owners of construction companies and owners of production and manufacturing companies to the delivery of accounting information to external parties, including both individuals and other enterprises that deal financially with these companies and these financial statements represent the final results of financial accounting operations , And is a means of assessing these external users of the work of companies, for example suppliers and banks.

 Orkeda Accounting Program delivers information to internal parties:

The role of the accounting program in accounting is the interest of internal users, the financial department and all individuals whose functions depend on the distribution of profits according to shares, and the owners of companies can use this financial information to identify the weaknesses and strength of employees, and contributes to this information to support the productivity of employees By offering bonuses to them. Comparison and analysis are two ways that business owners can benefit from financial accounting information; to analyze and examine competitors, and opportunities for investment. The accounting program in financial accounting controls the general principles of accounting, so it is similar to the method of preparing financial data and information for various companies. The accounting program also helps to calculate the financial ratios based on the company's data and then compare them with the competitors or standard ratios.

Owners of the establishment and their benefit in the accounting program of Orchida financial accounting

An economic establishment may be an individual enterprise, a company, a joint venture company or a joint stock company. In all such forms, the owner of this entity can not identify its status and verify that it is moving towards achieving its objectives only by providing such accounting information. If the size of the economic establishment is so large that the management can not easily follow the activities of the establishment, it must be followed by reports, and The Sound 'reports are available only if an effective information system, accounting system and part of the information system at the facility.

Investors and the government and their benefit in the accounting program of Orchida of financial accounting

They are meant to have money that they want to invest in an existing project or a new project. The investor will not make the investment decision until sufficient information is available on what he is investing in, not just the project itself, but alternative investment projects for comparison.

The establishment operates in an economic environment governed by regulations and supervised by government agencies. In addition, some economic establishments share the revenues of the state and society in the form of taxes and zakat, and some of the economic establishments receive subsidies from the state. Beneficiaries of accounting information.