Cash vs Accrual Accounting
Share your inquiries now with community members
Click Here
Sign up Now
Lessons List | 19
Lesson
Comments
Related Courses in Business
Course Description
One of the main parts of accounting is recordkeeping or bookkeeping. Recordkeeping is the process of recording transactions and events in an accounting system. Since the principles of accounting rely on accurate and thorough records, record keeping is the foundation accounting.What are the types of record keeping?
Make sure you keep track of these five types of records for your business.
Accounting records. Accounting records document your business's transactions. ...
Bank statements. Bank statements are records of all your accounts with the bank. ...
Legal documents. ...
Permits and Licenses. ...
Insurance documents.How many years do you have to keep accounting records?
Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction. Keep records for 6 years if you do not report income that you should report, and it is more than 25% of the gross income shown on your return. Keep records indefinitely if you do not file a return
Trends
Learning English Speaking
French
MS Excel
English greetings and responses
Video editing with adobe premiere
Magento Formation Français
Digital Logic Families in Digital Electronics
Python programming language
Mobile Apps from Scratch
Influencer marketing strategies for beginners
Create a website with wordPress for beginners
Communication Skills
Business Law fundamentals
python programming essentials for beginners
Data Science with Python conditions
Digital Marketing
Daily conversational English
Artificial Intelligence Explained
Big Data Analytics skills for beginners
Improve english grammar skills
Recent
C Programming fundamentals from scratch
Computer related Laws
Networking tools and techniques
CompTIA network certification exam Prep
Network troubleshooting Fundamentals
PGT computer science exam Pattern
NIELIT CCC exam Preparation
Number system in digital electronics
Lexical analysis in compiler design with exam
Software types for beginners
Basic computer organisation
Typecasting in python with execution
Hadoop Framework for beginners
Microprocessor and Microcontroller
Data warehouse fundamentals with examples
Supervised Learning algorithms techniques
Basic formula of factorial and Permutations
Artificial intelligence questions basics
Algebra Of matrices basics
Computer basics for NIMCET exam