Tally Ledgers Groups List, Accounting Groups in Tally 3.0
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
Accounting Treatment
Various Types of Vouchers In Accounting, Various Voucher Types
Various Types of Vouchers In Accounting, Be it vouching or passing an entry or maintaining regular books of accounts, the knowledge of vouchers & its
Types of accounts, What is Account with Explanation, Example
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
Download Accounting Heads for Tally in Excel Format
Download Accounting Heads for Tally we are providing a list of all accounting Heads for tally with descriptions. You can find all details of these accounting
Maintaining Books of Accounts by Small Business Owners
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
Accounting standard 28 (AS 28) Impairment of Assets
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
Journal – Meaning, Format, Process and Types of Journal Entries
Journal – Meaning: Process and Types of Journal Entries. Journal is the first stage of recording business transactions. It is called as “Book of original
Subsidiary Books: Introduction, Advantages of Subsidiary Books
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
Fund Flow Statement: Meaning, Objectives & Preparation Guide
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
Cash Basis Vs Accrual Basis of Accounting – The difference
Cash Basis Vs Accrual Basis of Accounting, We all have heard about the cash basis & accrual basis of Accounting, but here we will do a
Accounting for Rectification of Errors – Classification, Suspense
Accounting for Rectification of Errors , To err is human! So, it is obvious that while we are doing the accounting of an entity, we can
What Is Debit Note and Credit Note – Complete Details
What Is Debit Note and Credit Note: here we are providing complete details for Debit Note and Credit Note. In this article you can find
Ind AS 7 – Statement of cash flows, Applicability, Scope, Objective
Ind AS 7 Statement of Cash Flows – Ind AS 7 prescribes principles and guidance on preparation and presentation of cash flows of an entity
Accounting for Not for Profit Organisation, Accounting for Special Items
Accounting for Not for Profit Organisation, Check Accounting for non profit organisations, A Not for Profit Organisation prepares their financial statements in the following form: i)
Double Entry System Advantages & Disadvantages – Full Analysis
Double Entry System Advantages & Disadvantages: Any business transaction involves at least two accounts which we call as Debit and credit. As said above ,
What is Debit and credit explained with accounting equation
What is Debit and credit explained with accounting equation. We often come across the words Debit and credit in many situations like while reading accounting
Material Requisition – What is?, Meaning, Procedure and Problems
Material Requisition – Meaning, Procedure and Problems. Meaning of Material Requisition, Everything you want to know about Material Requisition. Material requisition may seem like a
Capital and Revenue Expenditure & Deferred Revenue Expenditure
Capital and Revenue Expenditure & Deferred Revenue Expenditure. Find Everything You want to know about Capital and Revenue Expenditure. Complete Guide of Capital and Revenue Expenditure.
Net Present Value (NPV): Meaning of NPV, How to Calculate NPV
Net Present Value (NPV): Present value of cash flows minus initial investments, The Net Present Value (NPV) method as an investment appraisal or capital budgeting
Should Professional Accountants Care about Culture? Yes!
Should Professional Accountants Care about Culture? Yes!. Extensive rules and procedures alone are not enough to ensure appropriate conduct in the work place—the financial crisis of
Meaning of Accounting, Scope of Accounting, Types of Accounting
Meaning of Accounting: According to AICPA Accounting is the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions
Debt Ratio – Debt service coverage Ratio: Meaning, Formula
Debt Ratio is one of the financial ratios which compares an entity’s total amount of debt to its total amount of assets, which is used
Accounting Concepts & Conventions – A complete discussion
Accounting Concepts are the assumptions and conditions on the basis of which financial statements of an entity are prepared. These are the concepts which are
5 Key Factors to Consider While Choosing an Accounting Software
5 Key Factors to Consider While Choosing an Accounting Software. How to Choose Accounting Software. Do you run a small business? Are you planning to