Book keeping

13/02/2018

Basic accounting concept

1-Accruals concept.
Revenues are recognized when earned, and expenses are recognized when assets are consumed. This concept means that a business may recognize sales, profits and losses in amounts that vary from what would be recognized based on the cash received from customers or when cash is paid to suppliers and employees. Auditors will only certify the financial statements of a business that have been prepared under the accruals concept.

05/12/2017

CASH FLOW -INTRODUCTION

While the balance sheet and the income statement are the most frequently referenced financial statements, the statement of cash flows or cash flow statement is a very important financial statement.

The cash flow statement is important because the income statement and balance sheet are normally prepared using the accrual method of accounting. Hence the revenues reported on the income statement were earned but the company may not have received the money from its customers. (Many times companies allow customers to pay in 30 days or 60 days and often customers pay later than the agreed upon terms.) Similarly the expenses that are reported on the income statement have occurred, but the company may not have paid for the expense in the same period. In order to understand how cash has changed, and because many believe that "cash is king" the cash flow statement should be distributed and read at the same time as the income statement and balance sheet.

05/12/2017

15/05/2016

Are you are a Small & Medium Business Owner?
You don’t want a Full time Accountant to prepare your Yearly Accounts .
I undertake your accounting assignments at reasonable rates and which may include following.
• Year end Accounts
• Cash Flow
• Preparing Budget
• Corporate Taxation ( NBT / VAT/ ESC / PAYE / Income Tax)
• Clearing of arrears in accounts previous years

16/09/2013

වියාපරයකට පොත් ‍‌තැබිමක් සිදු කිරීමට අවශෟ වන්නේ ඇය් ?
ඔබගේ වියාපරයේ ලාබය හෝ අලාබය කොපමනදැය් බලාගැනීමට,
වියදම් වැඩි ශේෂයන් හදුනාගැනීමට සහා වියදම් වැඩි ශේෂ්ත්‍ර අවම කිරීමට පියවර ගැනීම .
වර්ධනය කළ යුතු අදායම් ශේෂ්ත්‍ර හදුනා ගැනීමට
ඔබත් කැමතිනම් ඔබගේ වියාපරයේ පොත් ‍‌තැබිම සදහා අවම මුදලකට අදම අමතන්න

16/09/2013

ඔබටත් ඔබගේ වියාපාරයේ පොත් තැබිම අඩු මුදලකට සිදුකිරීමට