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Acct-modifying accounting systems

Published on Dec 11, 2015

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PRESENTATION OUTLINE

modifying accounting systems

mr. melkonian

accounting is done with computers...

why on earth are we doing things manualy?
Photo by Zoriah

as a business grows

ledgers grow too... primarily customers and creditors though

control accounts

individual accounts not mentioned, just control ar an ap

subsidiary ledger

individual customer accounts details
Photo by Olivander

general ledger

only contains control accounts
Photo by Kay Gaensler

take out ar/ap groups

put them in alphabetical order
Photo by Bulldozia

a/r ledger

for the most part have debit balance (cash receipt)
Photo by JD Hancock

a/p ledger

for the most part have credit balance (cheque)
Photo by nasrulekram

general ledger

everything together
Photo by VinothChandar

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