ABC of Accounting – Depreciation Methods

In the weeks ABC of accounting we discuss the merits of the different types of depreciation. Each company has assets, items purchased for a with a life span of more than one year. This includes not only machines in manufacturing companies, but also office equipment, computers or laptops.   Depreciation reflects the depreciation of the assets...

ABC of Accounting – Opening Entries

We continue with our ABC of Accounting blog. In this blog, as on previous occasions, we will try to explain in a simple way basic accounting concepts that we can find each day in our company. Today is the time to understand what is an Opening Entry. What is the opening entry? The...

ABC of Accounting – Creating Templates

Create your own templates Today we would like to discuss a very practical issue associated with accounting that can create a better and faster working platform. The creation of work templates.  The more you can simplify and automate your workflow, the faster you can work and the fewer mistakes that...