RE: I am learning accounting and i like it !!!!!!
October 28, 2020 at 12:40 pm
(This post was last modified: October 28, 2020 at 12:49 pm by Megabullshit.)
Thanks for the reply arewethereyet ,
Yes , they teach me SAP fico , SAP mm , Tally , Sage and Quickbooks .
This was really hard in the beginning because i never had any commerce base .
After spending few months in front of it , this is more easier than i thought . Its not even a big deal .
There was not any good accounting materials online so i had to narrow down a lot of things and it was a lot of pain .
Now i can explain a lot of things to new people which is why i suddenly like it .
Maybe i should even write a little Introductory tutorial here about accounting .
The lack of proper introduction was something i myself faced while i was learning this .
4 or 5 months more of class and i will get a diploma in accounting .
I am very excited .
That is what i like best about accounting , There are a lot of job vacancies for accountants
I hope i can finish this properly
In the beginning when i started learning this i had no idea where it begins or where it will end ,
Now i have more clarity
It starts with Entries and Adjustment entries which then needed to be recorded to
Accounting Equation
Journal
Ledger
Trial balance
Profit and loss
Balance sheet
Cash flow statement
and
Fund flow statement
Accounting is the art of recording items , amount and parties in a transaction or in an accounting event
When an accounting event happens in a company
Create the records of the items , amount and parties .
Why do we do that ?
We do that in order to understand the movement of items , amount and parties in an accounting event
There are many categories of items that move in and out of a business
Items of Asset
Items of Expense
Items of Income
Items of Capital
Items of Liability
Create the records of of the Items of those category according to the rules of accounting
Because it would be nice to know from a Company point of view ,What items , amount and parties are being debited and credited according to the rules of accounting .
The term debtor and creditor are different from the terms Debit and Credit .
Yes , they teach me SAP fico , SAP mm , Tally , Sage and Quickbooks .
This was really hard in the beginning because i never had any commerce base .
After spending few months in front of it , this is more easier than i thought . Its not even a big deal .
There was not any good accounting materials online so i had to narrow down a lot of things and it was a lot of pain .
Now i can explain a lot of things to new people which is why i suddenly like it .
Maybe i should even write a little Introductory tutorial here about accounting .
The lack of proper introduction was something i myself faced while i was learning this .
4 or 5 months more of class and i will get a diploma in accounting .
I am very excited .
Quote:There is always work in the accounting field
That is what i like best about accounting , There are a lot of job vacancies for accountants
I hope i can finish this properly
(October 28, 2020 at 12:34 pm)Gawdzilla Sama Wrote: I took the "business" route in high school. The last semester was doing the books for a small business. I suggested that we not tear our tally sheets off the one and only ten key calculator in the classroom. The teacher liked the idea. When we were done the tape stretched the length of the school and out into the parking lot.
In the beginning when i started learning this i had no idea where it begins or where it will end ,
Now i have more clarity
It starts with Entries and Adjustment entries which then needed to be recorded to
Accounting Equation
Journal
Ledger
Trial balance
Profit and loss
Balance sheet
Cash flow statement
and
Fund flow statement
Accounting is the art of recording items , amount and parties in a transaction or in an accounting event
When an accounting event happens in a company
Create the records of the items , amount and parties .
Why do we do that ?
We do that in order to understand the movement of items , amount and parties in an accounting event
There are many categories of items that move in and out of a business
Items of Asset
Items of Expense
Items of Income
Items of Capital
Items of Liability
Create the records of of the Items of those category according to the rules of accounting
Because it would be nice to know from a Company point of view ,What items , amount and parties are being debited and credited according to the rules of accounting .
The term debtor and creditor are different from the terms Debit and Credit .
