Bookkeeping
All businesses – big or small – need to maintain fine records of their transactions. As the number of transactions increases, it becomes critical...
Hi, what are you looking for?
Debtors Turnover Ratio Formula No business can afford to conduct all transactions in cash; thus, making credit available to clients is a requirement. But...
Keeping track of a company’s financial transactions, organising them for future reference, and creating financial statements is known as bookkeeping. Organisations use either a...
Financial statements are extremely important from a business point of view. Whether you’re a large scale multinational corporation or a small and medium enterprise,...
A contra entry is an entry that is recorded when both the debit and credit affect the same account and which results in a...
All businesses – big or small – need to maintain fine records of their transactions. As the number of transactions increases, it becomes critical...
Regardless of size, every business thrives on the systematic recording of its day-to-day financial transactions. Small business bookkeeping provides small enterprises with a simple...
The double-entry system of bookkeeping is a system in which each transaction is recorded in at least two accounts. This system provides a more...