The accounting process is over 500 years old. Modern accounting differs very little from that begun by Luca Bartolomeo de Pacioli, mathematician and father of modern accounting, in the 1400s. The ...

The first five segments are known as the "Account String." Therefore, an Accounting Key is comprised of an Account String plus an Object Code. The first five segments of the accounting key are also ...

If you own a business, you must periodically build a balance sheet for tax purposes. A balance sheet also gives you an indication of your company's financial health. If you hire employees, their wages ...

For accounting departments, no software is more important than the general ledger system. It's the central hub that summarizes all financial transactions, providing the essential data needed to create ...