Thursday 29 December 2011

IAS 16 - Property, Plant and Equipment

According to IAS 16 - Property, Plant and Equipment the objective of IAS 16 is "to prescribe the accounting treatment for property, plant, and equipment. The principal issues are the recognition of assets, the determination of their carrying amounts, and the depreciation charges and impairment losses to be recognised in relation to them. "

you may have a very good article on Propert, Plant and Equipment at

www.studyforall.com/articles.htm

Bank Reconciliation Statements

Since there are timing differences between when data is entered in the banks systems and when data is entered in the individual's system, there is sometimes a normal discrepancy between account balances. The goal of reconciliation is to determine if the discrepancy is due to error rather than timing.

Monday 26 December 2011

Sales Invoice - Peachtree

To record a sales invoice in Peachtree Accounting Software, you have to click on Task menu and then select Sales invoice. .................

Thursday 22 December 2011

Quotes and Sales Order - Peachtree

To build a Quote or Sales order in Peachtree, you click on Task menue ..................
you may find the details at:
http://www.studyforall.com/

Monday 19 December 2011

IAS 2 - Inventories

Inventories include assets held for sale in the ordinary course of business (finished goods), assets in the production process for sale in the ordinary course of business (work in process), and materials and supplies that are consumed in production (raw materials). .................

Saturday 17 December 2011

Thursday 8 December 2011

Peachtree - Maintain Vendor

Vendors are the parties who supply goods and services to the business. to maintain the vendors in peachtree .............................

Peachtree - Maintain Customers/Prospect

To maintain the customers/prospects, click on maintain menu and select "Customers/prospect".....................