A cash book, or petty cash log, is a ledger for keeping track of small cash purchases. Some small businesses such as restaurants find cash books especially useful because these companies tend to need ...

Today's small-business owner most likely uses accounting software to maintain the books. The software records all transactions as they occur, both debits and credits and then runs reports of what is ...

VT Cash Book is a free accountancy software program that is compatible with Windows 2000 or later and aimed mainly at professionals. With a supporting website that makes exploring its potential about ...

Learn what book balance is, how it differs from bank balance, and see practical examples. Understand how reconciling these balances is crucial for cash flow management.

While every public company uses accrual basis accounting in its financial reporting, it’s not the only bookkeeping standard out there. Cash basis accounting also has practical applications in business ...

So, you're interested in accounting but aren’t sure if earning your bachelor’s degree in accounting is the right move for you. Or, maybe you’ve already started your career but want to elevate your ...