Write-up software, in general, also has more extensive reporting capabilities than many standard GL applications. This is often accomplished by adding reports such as a working trial balance to ease ...

In a double entry accounting system, accounts are entered in either a debit or credit column. Accounts are debited to show an increase in an asset, expenses and receivables. Accounts are credited to ...

Many small businesses use a straightforward cash method of accounting, reporting income in the accounting year in which they receive it and deducting expenses in the year in which they pay them.