Bookkeeping

Notice how these two different types of entries are recorded in different journals? This system helps keeps accurate and organized records of every type of transaction, so they can be reviewed later in the accounting period. If special journals weren’t used to organize transactions, everything would be recorded in the general journal and there would be …

It can help to take the guesswork out of how to handle accounting activities. It also helps to ensure consistency, accuracy, and efficient financial performance analysis. In addition to identifying any errors, adjusting entries may be needed for revenue and expense matching when using accrual accounting. At the end of the accounting period, a trial balance …

Real options analysis tries to value the choices — the option value — that the managers will have in the future and adds these values to the NPV. As part of capital budgeting, a company might assess a prospective project’s lifetime cash inflows and outflows to determine whether the potential returns it would generate meet …

Content Easy-to-Use Accounting & Bookkeeping Features Your account is secure and safe. Financial Close Management We can’t yet provide access to third parties (e.g. accountants) or other team members (e.g. finance teams or assistants). Connect to Xero, FreeAgent or Quickbooks to get the full picture and save time. Design the account that’s right for you, …