What is the accounting computerized software?

With the development of the domestic Internet, the computerization of accounting is also constantly upgraded, and more and more excellent financial software has emerged. If you simply record vouchers and output statements, in fact, much financial software can meet this demand, and even some excel can meet this demand. But compared to excellent financial software, … Read moreWhat is the accounting computerized software?

What is an invoice?- Defination and explaination

what-is-an-invoice

What is an invoice? A non-negotiable commercial documents issued by a seller to a buyer. It identifies both the trading parties and enlisted, describes, and it’s Measure the sold items, shows the exact date of shipment or transport in details, prices, and discounts (if any), and delivery and payment terms. When it’s signed by the … Read moreWhat is an invoice?- Defination and explaination

What’s the difference between accounting profit vs economic profit?

Accounting-profit- vs-economic-profit

Is a big Question what’s accounting profit vs economic profit. Many peoples think it same. But, both are same or not it’s a big question. For example, as a businessman you state a restaurant business. So do you have any idea in your daily needs and daily profit?How to calculate your profit (income – expanse) … Read moreWhat’s the difference between accounting profit vs economic profit?

What is Blockchain -Accounting technology

what-is-blockchain

Blockchain is used accounting technology and it has been dramatically changed in the last few decades around the globe. The profession of accounting largely considered to analysis and financial data. The reason for it is the invention of some great technology. Blockchain technology is one of the greatest inventions. Though blockchain technology was primarily devised … Read moreWhat is Blockchain -Accounting technology

What is goodwill in accounting? | Definition, Example and Explanations

What-is-goodwill-in-accounting

Goodwill is a reputation on a business. When a business purchased another business. She does not take only business she taking also her reputation. It’s called an intangible asset. Every asset is visible but this asset is nonvisible, brand name popularity generator and it shows up asset side of a company’s balance sheet. Reputation can’t … Read moreWhat is goodwill in accounting? | Definition, Example and Explanations

Interest Income | Definition, Example and Calculation

Interest-Income

What is interest income? For small business owners Overview Interest income is a part of investment income. Interest revenue is generated when you lend your money to someone and make interest earnings on the money you lent generally speaking you will have interest earnings if you invest in bonds or other debt instruments. Interest revenue … Read moreInterest Income | Definition, Example and Calculation

How Do You Calculate Revenue Formula? | For Companies

Revenue-Formula

For knowing properly about the revenue formula firstly, you have to know the revenue. Revenue means the total amount of money for a company. The formula is quantity x price=revenue. This money is actually coming from the specific period. The discounts of any returned products are included in revenue. Costs will be reduced from the total income for fixing the … Read moreHow Do You Calculate Revenue Formula? | For Companies

Objectives Of Management Accounting | For Business Activity

Objectives of Management Accounting

Do you need your business smoothly and profitable? Objectives of accounting are most important and expanded topic of accounting. The objectives of management accounting are mainly referred to make your business smoother and profitable. It helps to make a future plan for beginners or small business owner. Management account is the collection of accounting report. … Read moreObjectives Of Management Accounting | For Business Activity