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Tampilkan postingan dengan label what is accounting. Tampilkan semua postingan

Working an Accounting

What does an Accounting Staff?
His name accounting staff meant he was in a section named section / dept. accounting. Kerjaannya
1) about the record financial transactions into a daily journal -> recap / summarize the journal was to each group in the ledger -> make a report daily / monthly / quarterly / term / annual ...2) Create invoice / bill of sale (usually equipped with a tax invoice) and recapitulate the purchase of goods;3) Can also kerjaannya concurrently create reports and tax payments of VAT and corporate income tax;4) Being a person who must solve problems related to accounting and tax firm.

One day his wife who happened to be of different educational backgrounds Accountant ask this,
Wife: "Mas, Accounting is what the hell? '
with a straight face that looks a little lazy accountant's answer,
Accountant: "Accounting is the process of record, summarize, classify, process, and present data or transactions, and finance-related events"
Wife: "oooh I see" murmured his wife, and a few seemed to understand, and then he asked again,
Wife: "keep what's that mean DEBIT and CREDIT", then why should there DEBIT and CREDIT
really simple question but it makes accountant was stunned, and he was trying to think to give a simple answer, and could understand his wife
Accountant: "gini simple deck, DEBIT it is the side where the money goes is recorded, and CREDIT is the side where the money came out note, if why should there DEBIT / CREDIT, it's because we use the Double entry Book Keeping, so balanced so lhoo,
ostentatiously concluded the wife commented,
Wife: "if so like a couple HUSBAND WIFE donnk? DISCHARGE means the same as the HUSBAND, because the husband is looking for money, daaaann CREDIT .... emmm???
Accountant spontaneously commented,
Accountant: "yaa iyalah, and it was CREDIT yaa you who like to spend money

what is accounting

Accounting is the measurement, translation, or provision of assurance about information that will assist managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies, organizations, and government agencies.

Accounting aims to prepare accurate financial statements that can be used by managers, policy makers, and other interested parties, such as shareholders, creditors, or owners. Daily recording involved in this process is known as bookkeeping.

A simple definition of accounting is the process of recording and classifying the financial activities of a business.

Why necessary records / documentation? Transactions in a company and it's certainly a lot of diverse types, if there is no record of what happened ... must be a mess Because something is forgotten, for example, we're not ever record our debt to supllier or note alone but less neat download documentation, arriving suddenly came the bill from the supplier if there is no definite record we are confused as to whether the bill had been paid or not

Classification is a grouping of transactions we have noted, for example, sales, purchasing, accounts payable, accounts receivable, etc.. This activity is done to simplify the financial reporting process.