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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

FieldDescription
Account ID 
Account Type 
Description 

Status Tab

FieldDescription
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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