The treasury of a company is the area in charge of managing, organizing and controlling operations that have to do with cash flow or monetary flow.
Therefore, the concept of treasury is understood as the set of activities related to the accounting of the company in which the bank or cash records are taken into account. Thus, the treasury directly reveals the payments and receipts of a company.
Of course, there is a difference between treasury and accounting, since both concepts are linked but are not the same. The treasury will always be in charge of managing collections and payments at the same time that it will take the pertinent measures so that there are no defaults in said payments and collections so that there is always money. For its part, the accounting will be in charge of recording the movements of entries and exits.