by Online Tutorial & Training Guide | Nov 2, 2025 | Accounting Proram, Terminologies
Compares actual financial performance against budgeted or forecasted amounts. Highlights over- and under-performance areas. A standard tool for management review.
by Online Tutorial & Training Guide | Nov 1, 2025 | Key Accounting Concepts, Terminologies
Recognizes revenues when earned and expenses when incurred, regardless of cash movement. This method provides a more accurate picture of financial performance. Required by most accounting standards.
by Online Tutorial & Training Guide | Nov 1, 2025 | Accounting, QuickBooks Tutorial
A practical, beginner‑friendly walkthrough to enter or update company name, logo, contact information, legal structure, and other profile settings via Account and Settings. Written for the current U.S. QuickBooks Online experience. QuickJump Overview Before You Start...
by Online Tutorial & Training Guide | Oct 29, 2025 | Accounting Fundamentals, Terminologies
An accounting method where every transaction affects at least two accounts, with equal debits and credits. This system ensures the accounting equation (Assets = Liabilities + Equity) always remains balanced. It is the global standard for accurate accounting.
by Online Tutorial & Training Guide | Oct 28, 2025 | Chart of Accounts, Equity, Terminologies
Represents ownership interest in a corporation. Issued shares grant voting rights and residual claim on profits. Equity increases when stock is sold to investors.
