Accounting

Top 10 accounting software

Top accounting software mostly used in different countries

Beyond the basic core accounting functionalities of general ledgers and bank reconciliation statements, the software also has powerful invoicing features like automatic invoice generation meant to speed up revenue collection for your enterprise. Accounting software offers in-built payroll services including calculating employee hours, processing payroll taxes, reimbursing expenses, direct account deposit Top 10 Best Accounting …

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What is difference between Trade discount and cash discount

What is difference between Trade discount and cash discount and its Journal entry ?

What is trade discount ? A trade discount is discount generally given by whole seller to retailer . Trade Discount refers to the deduction given by the supplier to the customer in the catalog price of the goods.   Let’s understand with example : Whole seller has goods Item A List Price  Rs 1000 per …

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fixed assets and its examples

What are Fixed Assets – Definition, Characteristics and Examples

What are Fixed Assets ? Fixed assets Definition Fixed assets refer to long-term tangible assets that are used in the operations of a business.They provide long-term financial benefits, have a usefullife of more than one year, and are classified as property, plant, and equipment (PP&E) on the balance sheet.Fixed assets provide the firm with long …

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E Accounting course in Hindi

इ-एकाउंटिंग कोर्स क्या है ? What is E Accounting know in Hindi ?

इ-एकाउंटिंग कोर्स के है ? Accounting में जितना विज्ञान है उतना ही कला भी। ये पैसों के लेनदेन को रिकॉर्ड करता है, वर्गीकृत यानि क्लासिफ़ाइ करते है, और उनके सारांश तैयार करके उनको इस प्रकार प्रस्तुत करते है, जिससे उनका विश्लेषण होता है | ई-अकाउंटिंग दो शब्दों ई और एकाउंटिंग से मिलकर बना है। E …

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Adjustment Journal entry of Provision for bad debts and doubtful Debts.

Provision for doubtful debts When an amount becomes irrecoverable from debtors the amount is debited to the Baddebts account and credited to the personal account of the debtors. But this is not sufficient. At the end of the year, the list of debtors may still contain some debts which are doubtful of recovery. But the …

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