Accounting is a detailed process for recording and reporting a company's financial information. Businesses often use several different ledgers and journals to maintain records of financial ...

The general ledger is the heart of a business's accounting records. The general ledger contains records for each account in the company's chart of accounts, and the general ledger accounts are usually ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

There are dozens of excellent open source accounting software options for everything from simple basic ledger bookkeeping to invoicing, inventory tracking, point of sale, payroll, taxes, and reporting ...

The evolution of ledger systems can be traced back to the early days of human civilisation, where simple record-keeping forms were used to track transactions and assets. Over time, the development of ...

Open ledger accounting has the potential to make accounting more accurate and simpler than ever. One of the problems with accounting as it currently stands is its inability to provide 100% accuracy.

Looking for an alternative to mainstream small business accounting software? We list the five best open source software programs—and their features—for small business accounting. Open Source ...