Every business maintains accounts in some form or the other. Most businesses start out with maintaining accounts manually and gradually move to an accounting software as the business’s transactions gr
Read MoreAccounting is an integral activity for every business. Optimizing your accounting processes and automating them can reduce your costs and improve your business efficiency greatly.
Read MoreAn accounting software has become a necessity for businesses in today’s times. Using an accounting software in your business can make a huge difference to your business’s efficiency and growth.
Read MoreA credit memo is a commercial document issued by a supplier to the customer notifying the reduction of the amount that a customer owes to the seller.
Read MoreCapital budgeting is a process through which different projects are evaluated in terms of cost and benefits. It is the firm’s formal process for acquisition and investment of capital.
Read MoreDepreciation can be defined as a reduction in the value or the effective economic life of an asset owing to several reasons
Read MoreA bill of sale is a legal document that serves as proof of sale and purchase transaction. It is a document that records the transfer of ownership from one person to another
Read MoreCapital Expenditures are the category of assets that generally indicate the most important use of a company's resources.
Read MoreAdministrative Expenses are the regular expenses you incur as a part of regular business activities. Read more on administrative expenses examples, meaning & definition.
Read MoreAccumulated depreciation is the total amount a company depreciates its assets, while depreciation expense is the amount a company's assets are depreciated for a single period
Read MoreA cash receipt is a printed acknowledgement of the amount of cash received during a transaction involving the transfer of cash or cash equivalent.
Read MoreA cash deposit slip is a record of how much money will be/has been deposited into a bank account. In simple words, a cash deposit slip is a form that is used to itemize the cheques and cash deposited.
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