Accounting is a vital part of any business. To know a business' financial health, concise and current records must be kept. There are many parts to a business' accounting system, but the foundation of ...

Accounting and bookkeeping are complex practices that require the ability to keep track of countless transactions. There’s always money coming in and going out of a business. To ensure it’s all ...

The first five segments are known as the "Account String." Therefore, an Accounting Key is comprised of an Account String plus an Object Code. The first five segments of the accounting key are also ...

Universal Business Computing Co. has released the latest versions of its general ledger and payroll software with new productivity enhancements. One new feature for merging general ledger accounts ...

For accounting departments, no software is more important than the general ledger system. It's the central hub that summarizes all financial transactions, providing the essential data needed to create ...

With this launch, Digits welcomes industry veteran Craig Walker, Co-founder and former CTO of Xero, to its leadership team. “Digits has fully harnessed the power of AI. The categorization is magical.

As finance teams continue to quickly adopt automation and AI tools to enhance financial planning and reporting, one expected ...

Traditional accounting software is user-operated: every new capability appears as yet another feature—more buttons to click, settings to configure, and steps to complete. The catch? Every new feature ...

The accounting process is over 500 years old. Modern accounting differs very little from that begun by Luca Bartolomeo de Pacioli, mathematician and father of modern accounting, in the 1400s. The ...

General ledger records each transaction both as a debit and a credit, ensuring balance. Understanding the general ledger aids in interpreting financial statements like balance sheets. Investors can ...