Deskera also provides a free mobile app for business accounting where you can keep a tab on your business from anywhere and get access to all financial reports. On a balance sheet, liabilities show liabilities in accounting a company’s financial obligations to its lenders and creditors due to past transactions. They occur on the right […]
Category Archives: Bookkeeping
Small Business Accounting Software
Managing rental properties comes with a lot of numbers; rent payments, expenses, maintenance costs, depreciation, taxes and more. And, if you’re anything like us, you’ve likely wished for a simpler way to track it all. All Gold features, plus advanced inventory, advanced pricing rules, workflow approvals and intercompany transactions. All Simple Start features, plus multi-currency […]
Mastering Financial Accuracy: The Ultimate Guide to Double-Entry Accounting and Bookkeeping
In contrast, double-entry bookkeeping records each transaction twice in at least two accounts. This gives a more complete picture of a company’s finances and is typically used by larger businesses. In double-entry accounting, debits, and double entry accounting credits are used to describe a transaction’s different sides. They will either increase the asset and expense […]