All accounting entries need to be tagged to general ledger accounts. A chart of accounts (COA) is a list of all such general ledger accounts. It contains details of each individual general ledger account including 'Account Code', 'Account Name', 'Account Type', and 'Account Balance'.| Deskera Blog
Liability is usually a sum of money that a person or a company owes. Liabilities can be credit from business events, which are viewed against a company’s assets.| Deskera Blog
The Financial Statements - Balance Sheet, P&L & Cash Flow Statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential.| Deskera Blog
Financial ratios, aka Accounting Ratios, are the values extracted from a company's financial statements, and are used to gauge the health of a company..| Deskera Blog
Financial reporting is an accounting practice that uses financial statements to disclose important information about the financial health of a business.| Deskera Blog
Cash flow refers to the money moving in and out of the business. Cash flows are found in operations, investing and financing functions of the business.| Deskera Blog
Expenses in accounting are the cost of doing business, including a sum of all the activities that will hopefully generate profit for you.| Deskera Blog
Capital is the asset that allows your business to produce a product or service to sell to customers. It can be financial assets or raised from financing.| Deskera Blog
