What Is Net Pay? How to Calculate Net Pay (with Examples)
Employees only receive a portion of their initial salary, as a percentage from
their income needs to go towards tax…
6 min read
Bookkeeping
Bookkeeping
26 posts
Latest posts
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
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
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
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
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
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
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
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
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
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
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
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