Emails are Not a Perfect Solution Email may seem like a complete solution to manage your contacts and communication with your numbers of business clients. However, eventually, email reaches its limits in terms of analysis and automation. CRM keep all significant information in one central location where you can easily change, add, …
Accounts A record of transactions including debit and credit entries throughout the fiscal year relating to a particular item or exacting person or concern. For example, a firm has a Cash account in which every transaction involves cash. Each transaction involving cash will be entered and recorded in the …
WHAT TYPES OF ACCOUNTS ARE IMPORTANT TO LEARN BEFORE JOURNALIZING? Read More »
Accounting is a very important role in day to day business. Being a good accountant needs the skills of summarizing and interpreting for communicating financial reports to the business’s top management for taking the decisions in respect of business growth. Every business needs transparent financial recording system to issue its financial reports for those who …
WHAT ARE VARIOUS CAREER OPPORTUNITIES IN ACCOUNTING? Read More »
Inventory Control Inventory control is the processes that make the greatest level a company’s use of the inventory of materials. The purpose of inventory control is to produce the maximum profit from the least amount of inventory of material. Inventory control consists procurement, think about and outlook of the material. There are three types of …
Journal A type of document for recording transactions in sequential order is called a Journal, in which transactions are recorded by date and amount. Journalizing Once a transaction is recorded in Journal, it is called journalizing.
