Accounting By Computer specializes in the selection, setup, training and support of accounting software. We encourage business success by helping you obtain the information you need in order to make sound business decisions. Get a FAST START - We can save you time and frustration by getting your company's computer accounting system setup quickly and efficiently. No false starts. No worry over entering beginning balances. We can help you determine the best way to get your records up to date and keep them that way.
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We often get questions about basic accounting principals. We will attempt to explain some of the basic principles in layman's terms so that you can understand how your accounting system works and what the reports that you print out mean. In future issues we will attempt to explain a bit about debits and credits, what the balance sheet and income statement tell you, and other topics that come up frequently. The terms "Cash Basis" and "Accrual Basis" have to do with the timing of recording income and expenses.
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