The Cash Manager in Peachtree Accounting
Tuesday, May 27 2014
The Cash Manager in Peachtree Accounting: Video This video shows you how to use the Cash Manager in Peachtree Accounting. Need more Peachtree training? Click here for the complete tutorial. The Cash Manager in Peachtree Accounting: Overview The Cash Manager in Peachtree Accounting is available only in Peachtree Accounting or higher. It has been reformatted in
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Managerial Accounting- What is a Balance Sheet?
Tuesday, July 02 2013
In accounting, it’s important to understand the different types of financial statements in order to be able to use them properly. The first important financial statement is the balance sheet. A balance sheet is an accounting tool that shows a company’s financial position at a certain point in time. In this post, we will discuss some
- Published in Latest, Small Business Accounting
Managerial Accounting- Overview of Cost Behavior
Wednesday, June 26 2013
Cost behavior analysis is the study of how certain costs behave in a business. Understanding cost behavior is crucial for managers so they can control costs effectively. In this post, we will give a brief overview of cost behavior and the different types of costs a manager can analyze. More information can be found on
- Published in Latest, Small Business Accounting
Small Business Accounting- Debits and Credits
Thursday, June 20 2013
In accounting, T-accounts are used to track economic activity within the business. A T-account is an individual record of an increase/decrease in an asset, liability, stockholder’s equity, revenue, or expense. Each T-account consists of three parts: the title of the account, a debit, and a credit. A debit is the left side of the account.
- Published in Latest, Small Business Accounting
Managerial Accounting- Budgeting Basics
Tuesday, June 18 2013
A large part of a manager’s job is planning. Budgets are the main tool managers use for planning and for having financial control in a business. A budget is defined as a formal written statement of a manager’s plans for a time period in financial terms. In this post, we will give some tips and
- Published in Latest, Small Business Accounting
Small Business Accounting- Unearned Revenue
Monday, June 17 2013
In small business accounting, some concepts can be trickier than simply recording assets, liabilities, and transactions. Some companies receive advances in payments before actual services are performed. In accounting, this is called Unearned Revenue. Unearned revenue must be reported in order for companies to comply with GAAP* principles. When the company receives an advance, it
- Published in Latest, Small Business Accounting