The area in a company that deals with the systematic recording, monitoring, and evaluation of all financial transactions. It is the German technical term for accounting and controlling in a broader sense.
example
Sie hat eine Ausbildung im Rechnungswesen gemacht und arbeitet jetzt als Buchhalterin.
She completed training in accounting and now works as an accountant.
Usage tips
Compound word
The word is made up of 'Rechnung' (invoice / bill) and 'Wesen' (entity / system). Here, 'Wesen' means something like 'system' or 'area'. So 'Rechnungswesen' (accounting) is the entire area concerned with invoices and finances.
EXAMPLE
Das Rechnungswesen ist ein wichtiger Teil der Betriebswirtschaftslehre.
Accounting is an important part of business administration.
Register
'Rechnungswesen' (accounting) is a technical term from business and administration. In everyday language, people often simply say 'Buchhaltung' (bookkeeping/accounting) or 'Finanzen' (finances), while 'Rechnungswesen' is the official umbrella term.
EXAMPLE
Für diese Stelle sind Kenntnisse im externen Rechnungswesen erforderlich.
Knowledge of external accounting is required for this position.
Typical collocations
This noun is often used with the preposition 'in' (in). Typical phrases are 'im Rechnungswesen arbeiten' (to work in accounting), 'eine Stelle im Rechnungswesen' (a position in accounting), or 'sich mit dem Rechnungswesen befassen' (to deal with accounting).
EXAMPLE
Er arbeitet seit zehn Jahren im Rechnungswesen der Firma.
He has worked in the company's accounting department for ten years.
Compare with
near_synonym · confusable
Rechnungswesen vs Buchhaltung
accounting
'Buchhaltung' and 'Rechnungswesen' both have to do with financial processes in a company. 'Buchhaltung' often means the specific department or the precise recording of income, expenses, and other business transactions. 'Rechnungswesen' is broader and more technical: it includes recording, checking, and evaluating figures, so also areas such as controlling. Learners may confuse the words because both occur in offices and in connection with company figures. In everyday language, people say 'Buchhaltung' more often; in vocational training, university studies, or technical language, 'Rechnungswesen' is often a better fit.
Rechnungswesen
Im Kurs lernt Sofia, wie das Rechnungswesen eines Unternehmens funktioniert.
In the course, Sofia learns how a company’s accounting works.
Buchhaltung
Die Buchhaltung prüft heute alle Rechnungen vom letzten Monat.
The accounting department is checking all the invoices from last month today.