Proper double-entry bookkeeping requires that there must always be an offsetting debit and credit for all entries made into the general ledger. In double-entry bookkeeping, asset accounts like ...

In an era defined by tighter margins, speed of business, faster tech shifts and higher expectations, the role of the CFO is ...

Sage Intacct offers a comprehensive cloud finance solution that helps businesses improve their efficiency, reactivity, and cost savings.

AccountingWEB technology editor Tom Herbert rounds up the latest news and analysis from the accounting technology universe in bite-sized video form.

In a general ledger, crediting a cash account reduces current assets and reflects as a cash outflow or transfer. Credits are normally posted to cash accounts as a normal part of the business cycle ...

External hyperlinks: Some of the information on this Web site has been provided by external sources. The Canadian General Standards Board is not responsible for the accuracy, reliability or currency ...

The Saudi-backed LIV Golf Tour has announced a new tech-focused partnership with consumer relations management platform ...

Will a $2 Powerball ticket make you a multimillionaire ahead of Mother’s Day? As they say in the lottery business, “it could happen to you.” After no one matched all five numbers plus the ...

RightRev, a leader in automated revenue management, today announced a strategic partnership with Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses ...

This story was updated to add new information. TALLAHASSE, Fla. — Mississippi State baseball starting shortstop Sawyer Reeves exited the NCAA tournament game against Northeastern with an injury.

Snapping a streak of seven consecutive placings behind Ka Ying Rising, Helios Express dug deep to chase down Invincible Sage for a heart-stopping victory in Saturday’s Group Three Sha Tin Vase ...

Each transaction is analyzed and recorded in the appropriate ledger. With the exception of the general ledger, each ledger consists of similar individual accounts. For example, all of the ...