xendoo

JUNE 11, 2022

The actual entries you record in your general ledger differ from business to business. The $1,000 is accounts payable, and you record it in your general ledger by crediting $1,000 on the supplier’s X account. Accounts receivable is an asset account on the general ledger and balance sheet.

accounts payable 71

accounts payable accrual accounting Account accountant 71

Accounting Insight

DECEMBER 9, 2024

On one side of the accounting value chain, IRIS Elements supports accountants and businesses with practice management and compliance functionality, such as accounts production and tax returns. On the other, Dext simplifies bookkeeping and improves productivity by automating routine tasks with AI.

bookkeeping 52

bookkeeping general ledger bookkeeping software tax return 52

CPA Practice

DECEMBER 3, 2024

On one side of the accounting value chain, IRIS Elements supports accountants and businesses with practice management and compliance functionality, such as accounts production and tax returns. On the other, Dext simplifies bookkeeping and improves productivity by automating routine tasks with AI.

bookkeeping 52

bookkeeping general ledger bookkeeping software tax return 52