Bookkeeping

Accounting

Closing Entries: Definition, Types, and Examples

Every financial transaction goes through an accounting cycle [https://www.deskera.com/blog/accounting-cycle/]: a multi-step process that records, summarizes,…

8 min read Apr 18, 2021

Accounting

A Beginner’s Guide to Bookkeeping

Are you a small business owner who wants to learn how to do your own books? Do you want to…

14 min read Mar 21, 2021

Accounting

Periodic Inventory System: Definition and Calculations

Small merchandising businesses can track their inventory with an inventory management approach known as the periodic inventory system. Under a…

9 min read Mar 20, 2021

Accounting

Cash Accounting: Small Business Guide with Examples

Cash accounting, or cash basis of accounting, is the simplest method businesses can use to recognize their finances. Under cash…

8 min read Mar 19, 2021

Accounting

Accrual Accounting Explained: Definition, Pros, Cons, & More

Accrual accounting is the standard accounting method most businesses use to recognize their financial transactions. Under accrual accounting, revenue is…

9 min read Mar 13, 2021

Accounting

Provisions in Accounting: Meaning and Types

In the business world, some costs are unavoidable, whether it be from a customer not paying their outstanding invoice [https:…

8 min read Mar 11, 2021

Accounting

Accounting Basics: T Accounts

One of the fundamental principles of financial accounting is the T account. A T account resembles the letter T and…

9 min read Mar 10, 2021

Accounting

What Are Adjusting Entries? Definition, Types, and Examples

The life of a business is divided into accounting periods, which is the time frame (usually a fiscal year) for…

9 min read Feb 25, 2021

Accounting

Accounting Basics: Debit and Credit Entries

If there is one accounting notion that mostly confuses accounting beginners it’s learning how to make debit and credit…

7 min read Feb 24, 2021

Accounting

What Is Double-Entry Bookkeeping? Accounting Guide for Small Business

The accounting cycle [https://deskera.com/blog/accounting-cycle] starts with recording financial transactions as journal entries. And with every recorded…

11 min read Dec 28, 2020

Invoicing

What is a Commercial Invoice? Everything You Need to Know

When it comes to shipping goods to international clients, there are standard document requirements used for exporting. One of the…

11 min read Dec 25, 2020

Accounting

Bookkeeping Basics For Entrepreneurs

Bookkeeping not only keeps you in charge of your finances but also helps you take better financial decisions. Therefore, you'd do well to acquaint yourself with bookkeeping basics as an entrepreneur.

4 min read Jul 20, 2020