Search results for keyword: receivable
Fund budget income
Introduction
Fund budgeting acts as the key tool among the financial management processes. It is an important activity which helps an organization to effectively manage its finances and efficiently plan its future investments and expenditures. Fund budgeting is used to draft a plan for short-term......
09/07/2023 
1032 
Sophie
closing entry
After the holiday season, many people are actively trying to get their finances in order. For many, this includes looking at their bank statements and ensuring all their transactions are accounted for. While this process is often seen as tedious and time consuming, its essential to understand the ......
bad debt loss
Bad Debt Loss
Bad debt loss refers to the cost incurred when a loan cannot be paid back and the creditor cannot collect the amount owed. Creditors and lenders are at risk of failing to collect on loans they have lent out, especially with loans that are made to customers who are deemed to be at hi......
Accounting
Accountancy
Accountancy is a profession that deals with the analysis and interpretation of financial data. The profession is divided into several branches such as public accounting, management accounting, and forensic accounting, to name only a few. People who work in accountancy usually speciali......
accounting cost
Accounting Costs
Accounting costs refer to the expenses associated with the preparation of financial statements, financial reporting and auditing activities. These costs are normally incurred in the process of keeping track of a companys financial activities and operations. Accounting costs inclu......
accounting file
Accounting Archives
With the advancement of technology, manual bookkeeping and record keeping are becoming obsolete. Accounting is no exception. As physical documents become digitized, more and more businesses rely on their computer systems to keep track of their financial information. But despit......
Accounting Entries
翻译
The double entry accounting system requires that each accounting transaction must be recorded in two places. This is accomplished by every transaction being composed of two parts, one part as a debit and the other as a credit. The debit part is entered in the left side of an account, and the c......
Accounting subjects
1. Introduction
Accounting is a vital part of any business. Accounting is the recording and measurement of financial transactions within a business. Without accurate accounting practices, businesses could not make informed decisions about their finances. Accounting helps to provide detailed inform......
currency reversal
Currency write-off is defined as the cancellation of a debt that is no longer collectible by a business. These debts are usually accounts receivable, past due invoices, or other obligations due to a customer or vendor.
A business may be required to write-off a debt when it has exhausted all effor......
accounting fraud
Accounting Fraud
Accounting fraud is a major threat to organizations worldwide, from large businesses to small nonprofits. It occurs when individuals falsify information in financial statements or manipulate accounting records to give a false impression of their true financial condition. Accounti......
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