Basic Accounting Procedures. An accounting system tracks and controls the income and expenses of a business. Accounting systems can be as simple as a pen and notepad, ...

At its heart, AccountEdge Basic is a true double-entry accounting system, which may keep your accountant happy. You’ll need at least a rudimentary understanding of basic double-entry accounting ...

To better advise their clients, in-house counsel should understand key accounting principles and steps in the accounting cycle, including journal entries, the general ledger, trial balances ...

BELLEVUE, Wash.--(BUSINESS WIRE)--An increasing number of small and mid-sized businesses (SMBs) are outgrowing their basic accounting software due to evolving operational needs. For many ...

Microsoft released updated accounting software for small, home-based businesses today. The company said Office Accounting Express 2007 is designed to replace the pen-and-paper or spreadsheet ...

New business owners who learn the basics of bookkeeping and accounting will chart a more direct and informed path to the winning half. 6 ideas for getting started with business finances 1.

But they’re not! Bookkeeping is the process of recording and reporting company finances and acts as a small but crucial part of basic business accounting. By extension, accounting is the process of ...

The accounting equation defines a company’s total assets as the sum of its liabilities and shareholders’ equity. It's the foundation of the double-entry accounting system.

German mobile app developer Hans Peter Ruehl has created Study Accounting, an app for the iPhone and iPad that aims to teach the basics of accounting to non-accountants. [IMGCAP(1)]He visited New York ...

Accounting principles are a series of rules that guide companies on how to prepare their financial statements. They explain how transactions, such as sales, purchases, and payments, should be ...