Introduction to Financial Statements: Overview This tutorial gives you an introduction to financial statements commonly used in accounting. There are multiple ways to communicate with users through financial statements. It is important to pick the correct statement in order to best communicate with the appropriate user. Listed below are some important financial statements,
Need more Peachtree training? Click here for the complete tutorial. The Cash Manager The “Cash Manager” is available only in the Peachtree Accounting or higher. It has been reformatted in 2009, while in Peachtree 2003-2008 it resembled the other managers, like the “Collection Manager” or the “Payment Manager.”
Need more training? Click here for the complete tutorial. Setting Up a Job In Peachtree, you can set up “Jobs” for each client. You can then track income and expenses for specific projects, including payroll hours or amounts. There are advantages to using jobs. You can
Sage 50 is a multi-featured accounting and bookkeeping program that allows you to create invoices, statements, pay your bills, write checks, track inventory, manage your payroll, and perform other accounting and business-related services. Sage 50 is a terrific program to learn, as the skills that you learn in Sage 50 can save valuable time and
There are many different types of accounting software that businesses can use. One popular title is Peachtree. In this post, we will discuss the general ledge default settings and also how to add accounts. General Ledger Default Settings The General Ledger records all financial information for your company. Every transaction that occurs is eventually
When you want to create a new company file in Sage50, you use the “New Company” wizard to create your new company file and enter its information. You can start the “New Company” wizard by selecting “File| New Company…” from the Menu Car. The “New Company” wizard displays different windows into which you will input
The General Ledger records all financial information for your company. Every transaction that occurs is eventually posted to the set of accounts that make up the General Ledger. This set of accounts is called the Chart of Accounts. Here we will look at setting the defaults for the General Ledger. When you want to
Understanding accounting is a very useful skill to have when it comes to managing a small business. The better a manager understands financial data, the easier it is for them to make a decision. In this post, we will discuss some basic accounting terms as well as accounting methods that are relevant to small businesses.