Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

In general, a business accounting system is designed to keep track of where money comes from and where it goes. Usually, businesses will keep both a journal and a ledger for accounting purposes. The ...

The process of bank reconciliation is vital to ensure financial records are correct. You don't want any discrepancies between the bank's figures and yours. According to Principles of Accounting, bank ...