Describe the process of financial management from the collection of money to deposit in the bank. (3 to 4 sentences)

Financial management is a process of managing the finance of the company.

Explanation:

Financial management refers to planning, organizing and controlling the financial activities of the company. First the money is collected from the customer by giving them the services and then this collected money will be deposit in the account of the company in the bank by filling the form. In this form you have to write the account number and the amount of money you are deposited in the bank. Then give money with the form to the accountant in the bank and your money should be deposited at the spot.