by Admin New India Tech | Jul 3, 2024 | Bookkeeping
Even if you have not made or received payment yet, the interest that accumulates must be recorded to reflect your true financial position. Accrued interest journal entries follow the accrual principle and involve debiting an expense account and crediting a liability...
by Admin New India Tech | May 29, 2024 | Bookkeeping
This article explores the best accounting software options for nonprofits, highlighting their key features, pros, and cons. We’ll also offer tips on how to choose the best software for your nonprofit organization. QuickBooks has more features for small businesses,...
by Admin New India Tech | Dec 26, 2023 | Bookkeeping
Is useful when decisions involve complex trade-offs among multiple objectives. Plus, quantifying costs and benefits in monetary terms can oversimplify complex issues and overlook non-monetary considerations. By leveraging these features, monday work management...
by Admin New India Tech | Sep 26, 2023 | Bookkeeping
The truth could be that the company’s profits are being used for other purposes—such as funding expansion—but the market’s perception of the situation is always more powerful than the truth. Many companies work hard to pay consistent dividends to avoid...
by Admin New India Tech | Jul 20, 2023 | Bookkeeping
The term “credit” is derived from the Latin word “credium.” It means ‘what can be trusted.’ However, it has a specific meaning. Each of the following accounts is either an Asset (A), Contra Account (CA), Liability (L), Shareholders’ Equity (SE), Revenue (Rev),...
by Admin New India Tech | Jun 1, 2023 | Bookkeeping
We specialize in working with companies that have already deployed e-MDS tech suite. We help your practice streamline the charge-capture process, eliminating delays and errors in claims. This also reduces debt due to rejected claims and improves accounts receivable...
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