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Process of Accounting Transactions
The accounting cycle is an essential, standardized process that follows eight steps to track, rec...
Systems of Accounting
There are two main systems of accounting used to record business transactions. These are the Sing...
Double Column Cash Book
The Double Column Cash Book is an extension of the single column cash book, with an additional co...
Single Column Cash Book
The Single Column Cash Book is a basic type of cash book used to record all cash transactions of ...
Cash Book
A Cash Book is a financial record used to track all cash-related transactions of a business. It r...
Generating Income Statement
1. Steps to Generate Income Statement in Tally Prime To generate an Income Statement in Tally Pri...
Generating Trial Balance
1. Steps to Generate Trial Balance in Tally Prime Generating a Trial Balance in Tally Prime is si...
Voucher Types and Voucher Entries
1. What is a Voucher? A Voucher in accounting is a document that supports the entries made in the...
Creation of Inventory Groups and Ledgers
What is an Inventory Group? An Inventory Group in Tally Prime is used to categorize stock items b...
Creation of Company in Tally
Steps to Create a Company in Tally Prime 1. Launch Tally Prime Open the Tally Prime application....
Capital and Revenue Receipts
In accounting, capital receipts and revenue receipts are two categories used to classify the cash...
Simple and Compound Entries
Simple Journal Entries In double-entry bookkeeping, a simple journal entry is a type of accountin...
Techniques of managerial control
1. Budgetary Control Budgetary control is all about making sure money is being spent wisely and t...
Effective control system
A control system is a way to keep things on track and make sure goals are being met. There are di...
Controlling Concept nature and importance
The concept of "controlling" in management is one of the key functions used by businesses and org...
Creating Positive Organizational Culture
Introduction Creating a positive organizational culture involves building an environment where em...
Quinn and Camerons Organizational Culture Types
Introduction Quinn and Cameron's Organizational Culture Model is a widely recognized framework th...
Organizational Culture Meaning
Definition Organizational culture refers to the system of shared values, beliefs, practices, and ...
Delegation
Here’s How Delegation Works: Assigning Tasks The manager or leader chooses specific tasks and a...
Organizing Nature and purpose
Organizing is one of the key functions of management. It’s all about arranging resources, tasks,...