MyLejar

MyLejar 𝘊𝘰𝘮𝘪𝘯𝘨 𝘚𝘰𝘰𝘯! MyLejar is all-in-one app that can monitor and manage sales including tracking expenses and income, personalize invoices, run reports and more!

Do you require assistance with your bookkeeping? These suggestions can help you streamline your business bookkeeping. A ...
19/08/2021

Do you require assistance with your bookkeeping?

These suggestions can help you streamline your business bookkeeping. A bookkeeper can help you organize and manage your business finances by doing these tasks.

Bookkeeping for small businesses should be a top concern in your company. Don't let your company's finances fall behind, get assistance right away.

To an extent, the nature of your bookkeeping will depend on the industry you are working in.If you run a property rental...
09/08/2021

To an extent, the nature of your bookkeeping will depend on the industry you are working in.

If you run a property rental business (B2B), you most likely deal with a small number of high-value monthly transactions.

If you own a bar (B2C), you may be dealing with hundreds of individual transactions every day.

Depending on the size of the business, your bookkeeper may have a lot of accounts to handle, each dealing with varying t...
04/08/2021

Depending on the size of the business, your bookkeeper may have a lot of accounts to handle, each dealing with varying types of transactions.

Here are a few of the most common account types that bookkeepers help manage:

1. *Accounts Payable:*
your business’ bills including business space, utilities, software services, and other supplies
2. *Accounts Receivable:*
your business’ income from customers using your product or services
3. *Loans Payable:*
your loan accounts if your business has borrowed any money
4. *Payroll Expenses:*
the costs associated with your employees
5. *Retained Earnings:*
the amount of your business’ profits that have been reinvested into the business, rather than paid out to owners

On July 28, World Hepatitis Day is commemorated every year in order to raise awareness of viral hepatitis, an inflammati...
28/07/2021

On July 28, World Hepatitis Day is commemorated every year in order to raise awareness of viral hepatitis, an inflammation of the liver that causes severe liver disease and hepatocellular cancer.

This year’s theme is “Hepatitis Can’t Wait".

How to avoid catching hepatitis?

1. Wash your hands thoroughly
2. Avoid contact with blood
3. Ensure that your food is clean
4. Avoiding getting tattoos or body piercings from unlicensed facilities
5. Having safe s*x

It’s important for you to be aware of hepatitis and to learn how you can protect yourself and your family from being infected!

Bookkeeping is an essential function in your business for both legal and financial management purposes.By keeping accura...
21/07/2021

Bookkeeping is an essential function in your business for both legal and financial management purposes.

By keeping accurate records, your business can get a snapshot of its health in the form of financial statements.

One of the importance of bookkeeping is to tracking all incoming and outgoing expenses can help you strategize for the future!

Eid-ul-Adha is one of the most important festivals observed by the Muslim community all around the world.Wishing all of ...
20/07/2021

Eid-ul-Adha is one of the most important festivals observed by the Muslim community all around the world.

Wishing all of you a joyful Eid ul Adha!🕋🕋

May your faith and love for Allah be rewarded with peace, happiness, and successes for today and always. Have a nice day.

Stay safe and stay health!

Components of Bookkeeping in Accounting:1. Cash vs Accrual Method- In Cash basis of beekeeping, income and expenses are ...
16/07/2021

Components of Bookkeeping in Accounting:

1. Cash vs Accrual Method
- In Cash basis of beekeeping, income and expenses are recorded only when cash is received, and expenses are paid from the bank, respectively.
- Accrual method, on the other hand, takes income and expenses into account as soon as it becomes due.

2. Chart of Accounts: A detailed worksheet which contains guideline and framework that what kind of expense should go to which general ledger account.

3. Journals: Entries record the financial impact of any transaction of a business entity, and this is the first step of recording any transaction.

4. Ledgers: The primary books of accounts which shows the debit and credit transactions related to one account for a particular period in a summarized format.

5. Day Books: Used to record the credit transaction separately.

6. Cash Book: Also one of the primary books of accounts which are maintained by almost all businesses and person.

7. Financial Statements: Once journals are posted, ledgers, daybooks, and cash book are prepared, these balances are transferred to trial balance which is a summary of all account showing their net balances.

Hi all👋Did you know what is Bookkeeping?Bookkeeping is the systematic way of recording financial transactions of a busin...
14/07/2021

Hi all👋

Did you know what is Bookkeeping?


Bookkeeping is the systematic way of recording financial transactions of a business.

In recording the changes to Assets, Liabilities, Owner’s Equity are considered.

Let’s follow me to know more sharing!

Hi everyone😃Welcome to MyLejar page!MyLejar is all-in-one app that can monitor and manage sales including tracking expen...
14/07/2021

Hi everyone😃
Welcome to MyLejar page!

MyLejar is all-in-one app that can monitor and manage sales including tracking expenses and income, personalize invoices, run reports and more!

Don't forget to follow us for more updates for this apps and for more financial, accounting tips and tricks!

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Block G-1-131, Plaza Jelutong Persiaran Gerbang Utama
Shah Alam
40150

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