Every type of company will, of course, tailor its chart of accounts, procedures, subsidiary records, etc., to meet its own operating and organizational needs and the philosophy of its management. Chart Of Accounts [COA] for petroleum exploration and producing...
As a bookkeeper you serve as the eyes and ears of the accountant, so you have to understand the basics of accounting. In this post, I give you a brief overview of accounting basics and show you how to use that information to design a bookkeeping system....
Though it is not necessary to include an entire dictionary of accounting terms in any general accounting manual, but it is useful to include those that are commonly used within the company’s transactions, as well as those that appear in its accounting...


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