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- The 7 Basic Accounting Types (In order) Are:
- Assets - Things you own
- Liabilities - Things you owe
- Equity - Owners Stake in Company
- Revenue - Income through Sales of the Products of the Business
- Costs of Goods Sold - Costs to provide the service or to manufacture or acquire the product the business sells
- Expenses - Things that are paid for that are consumable, they have no lasting value but are part of the cost of running a business
- Other Revenue and Expenses - Revenue and Expenses that are unusual cases and are not directly related to the business product and are not usual costs of running a business.
Reference
Buttons
There are no custom buttons for this list. Refer to Common Buttons.
Fields
Field | Description |
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Account ID | |
Account Type | |
Description |
Status Tab
Field | Description |
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Current Period Range | |
Start Period | |
End Period | |
Actual Opening Bal | |
Actual Opening Bal | |
Budget Opening Bal | |
Budget Closing Bal | |
Actual Movement | |
Budget Movement | |
Comparison Period Range | |
Comparison Start Period | |
Comparison End Period | |
Actual Opening Bal | |
Actual Closing Bal | |
Budget Opening Bal | |
Budget Closing Bal | |
Actual Movement | |
Budget Movement |
Set Period Range Set Period Range
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