Patriot Software

NOVEMBER 3, 2022

As a small business owner, setting up your accounting books and maintaining accurate records is essential. To make that happen, you need to be familiar with accounts payable and accounts receivable. What is the difference between […] READ MORE.

accounts payable 79

accounts payable double entry bookkeeping Account accountant 79

xendoo

AUGUST 22, 2022

Most business owners understand that they need to keep track of their income and expenses but many get tripped up when figuring out what accounts are debits and credits. By getting a firm grasp on the concept of debits and credits, you’ll have a leg up when it comes to completing your accounting accurately. What Are Debits and Credits?

Account 52

Account accountant accounted bookkeeping 52

inDinero Accounting

JUNE 29, 2023

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). Understanding the principles of GAAP accrual accounting can be challenging and daunting; however, with the right guidance, it can be achieved. What are Generally Accepted Accounting Principles (GAAP)?

accrual accounting 98

accrual accounting accounting principles accounts payable accounting standards 98