General ledger accounts are classified by account type A - AssetsD - Debtors (Customers)K - Creditors(Vendors)M- MaterialS -…
Accounting is the process of assigning a value to a company's assets, and inventory valuation is a part…
An asset is basically anything you own or take care of, with an expectation that it will keep…
In some countries, it is mandatory for companies to manage their purchase accounts. However, configuring purchase accounts is…
Raw Material Raw materials are unfinished substances or unprocessed natural resources used in the production of completed items.…
