List of Tally Ledgers Groups List pdf:(Tally ledger under which head).check the complete list of tally ledgers created under the group list of Tally ERP
Various Types of Vouchers In Accounting, Be it vouching or passing an entry or maintaining regular books of accounts, the knowledge of vouchers and its
Functions of Accounting: There are certain users of accounts. Earlier it was viewed that accounting is meant for the proprietor or owner of the business,
Accounting Concept: Accounting concepts are defined as basic assumptions on the basis of which financial statements of a business entity are prepared. They are used as
Typse of accounts:There are 3 types of Accounts i.e Personal account, Real Account, Nominal Account. The term “account” is always used in accounting / Book
Basic Principles of Accounting and Golden Rules of Accounting. GAAP (Generally Accepted Accounting Principles) is the framework,rules and guidelines of the financial accounting profession with
Download Accounting Heads for Tally we are providing a list of all accounting Heads fortally with descriptions. You can find all details of these accounting
Maintaining Books of Accounts by Small Business Owners, Check Complete Requirement of Maintenance of Books of Accounts, also check Requirement to Maintain Books And Audit,What
Deferred Revenue Expenditure:Deferred revenue expenditure is that expenditure for which payment has been made or a liability incurred but which is carried forward on the
Depreciation Accounting under theCompanies Act, 2013.The Companies Act, 1956 provided for different minimum rates of depreciation on depreciable assets, whereas Schedule II of the Act
Classification of Errors or Types of Errors: Every concern is interested in ascertaining its true profit and financial position at the close of the trading
Fundamentals of Accounting: Every individual performs some kind of economic activity. A salaried person gets salary and spends to buy provisions and clothing, for children’s
Difference between Book Keeping and Accounting with Meaning: Book-keeping is an activity concerned with the recording of financial data relating to business operations in a significant
Accounting Standard 1: This Standard deals with the disclosure of significant accounting policies which are followed in preparing and presenting financial statements.. To ensure proper
Stages of Accounting: As per this definition, accounting is simply an art of record keeping. The process of accounting starts by first identifying the events
Accounting standard 28 Impairment of Assets: The objective of AS 28 is to prescribe the procedures that an enterprise applies to ensure that its assets
AS 20 Earning Per Share (Accounting Standard 20 – EPS) with all Illustration.Recently we provide various another accounting standards and we provide Links for other
Journal – Meaning: Process and Types of Journal Entries. Journal is the first stage of recording business transactions. It is called as “Book of original
Accounting Cycle: When complete sequence of accounting procedure is done which happens frequently and repeated in same directions during an accounting period, the same is
Subsidiary Books: Introduction and Advantages of Subsidiary Books. In a Business, most of the transactions generally relate to receipts and payments of cash, sale of
LedLedger Accounts – Principal Book of Accounts:All journals are posted into ledger chronologically and in a classified manner Ledger is the principal book of accounts
IndAS 23 Borrowing Costs: It is quite common where an entity borrows funds for meeting its various business needs like the acquisition of the building,
Systems of Accounting, Basis of accounting (Cash Basis and Accrual Basis).Difference between Accrual Basis of Accounting and Cash Basis of Accounting. Cash Basis of accounting:
Fund flow statement also called as statement of “source and application of funds” which provides insight into the movement of funds and useful to understand