accounting methods and the fiscal year

October 16th, 2007 No Comments   Posted in Accounting, Learning, Lessons

Choosing the correct method for your organization

As I mention in my last blog, there are two methods: cash basis and accrual.

But which method you should choose?

The main difference if you search about that is the accrual method show true picture about your business situation.  You will really now if you are doing the business right. Because of that a lot of accountant suggests that you use the accrual method.

If you have an accountant you may ask him about that.

Because it is better to use the accrual method, my next post will use this method for register the transactions.

Picking the financial year

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The two methods: cash-basis or accrual

October 13th, 2007 No Comments   Posted in Accounting, Learning

Hello again,

It look like I want to share the basic with you as soon as I read it.

Today I was reading the book from the begining to refresh my information. It is a really good book and easy for one like me.

So today we will going to talk a little about the two methods in accounting.

what is the difference between the two methods?

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Do you think you have to learn about Accounting?

October 13th, 2007 No Comments   Posted in Accounting, Learning

Hello,

Just I was searching for something in my bag. and I see the book about Accounting that I always take with me.

It is a really nice book. It’s about how you can implement accounting methods in your job without any prior knowledge about accounting.

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