Accounting

The term ERP, you will see in every business. In the past years, different modules were also at that time but it took a lot… Read More »What is Enterprise Resource Planning?

There are thousands of accounting research tools but accountants want to get the best out of the best due to that today we are discussing… Read More »Top 5 Or Best Accounting Research Tools

An auditor is a person who is appointed for another firm especially for analyzing the financial statements of the firm according to the rules of… Read More »Who is an auditor?

A Balance sheet is a concept of representing assets and liabilities on the different sides in the format of a financial statement. It is a… Read More »What Is the Concept Of a Balance Sheet?

Under accounting terms, Creditors are a source of getting a loan in many ways such as in the form of money, credit card, goods or… Read More »What Is a Creditor?

A debtor is a member of financial accounting that continues the flow of transaction of account payable. He/She runs the turnover of the company’s liabilities… Read More »What is a Debtor?

Financial statements involve the business activities and those activities make three statements – income statements which include expenses and revenue, cash flow statements which include… Read More »What are financial statements?

A Vouchers in accounting are a formal written document that is prepared for the buyer as proof of goods or services that have been purchased… Read More »What are the Vouchers in Accounting?

Before moving to a non-profit organization, we need to understand the work of accounting software. Accounting software is a tool that can perform all the… Read More »Best Accounting Software for Non-Profit Organizations

The contribution margin ratio is the ratio that we get after subtracting the variable cost and the percentage of the selling price. The contribution margin… Read More »Contribution Margin Ratio

Depreciating assets are those business assets that a business can have for a longer period of time to bear future business expenses. These assets are… Read More »Depreciating Assets

An asset is something that is used in the business for the continuity of getting revenue by transferring into customers or clients in exchange for… Read More »What is an asset?