Finance is a term for matters regarding the management, creation, and study of money and investments.
Are you a business owner? Do you understand accounting? Relax, most business owners aren’t accountants; they rely on skilled professionals to do the numbers for them. However, having a basic understanding of accounting terms can…
If you’re just getting started with your small business, chances are, you wear many hats. One of those hats is playing an accountant. The trouble is, most people who become their own boss don’t start…
Starting a business requires a considerable amount of capital to get your feet off the ground. Unfortunately, acquiring this money is not always easy, and it can come with a lot of risks. There is…
You can accomplish any task even personal finance with the right equipment and know-hows. Computer applications excel in simplifying the most complex tasks. Why not use one of many financing apps to help you pay…
Today’s world of business definitely needs young entrepreneurs who are going to bring new ideas into the field, create jobs, easily get familiarized with modern tech, and make up a fierce competition. However, no one…
Journal is one of the most important book of account, in which business transactions are recorded systematically. In layman’s term, we can say it is a book of daily records. When a businessman completes a…
An account is a list of business transactions falling under the same description for a given period of time. A systematic and summarized record of business transactions with respect to person, property, loss, gain, income,…
In the accounting field, especially in the finance section, we are taught to create and pass the journal entries in the books of accounts. One must have knowledge of basic accounting rules in order to…
Taxation is simple yet the most difficult things to deal with, there are just so many inclusions and exclusions that are bound to confuse anyone. But, the government from time to time tries to simplify…