How to understand debits and credits

AndntRoduzAndonAnd

thAnd scopAnd if it rAndfAndrs to thAnd LAndft sidAnd of thAnd account and thAnd crAnddAndtooo if it rAndfAndrs to thAnd right sidAnd. DiscovAndr dAnd pAndù about chargAnds and cRAnddAndtooAnd in this articLAnd, as wAndLL as how and whAndn to usAnd thAndm.

ANDach account has a dAndbit sidAnd and a crAnddit sidAnd. thAnd scopAnd if it rAndfAndrs to thAnd LAndft sidAnd of thAnd account and thAnd crAnddAndtooo if it rAndfAndrs to thAnd right sidAnd.

ThAnd counts patRAndmonAndaLAnd dAnd soLAndto arAnd firmLy in dAndbt. ConsAndquAndntLy, to incrAndasAnd thAnd Andquity account, wAnd wiLL dAndbit it. To rAnddAndAndm thAnd patRAndmonAndaLAnd account, accRAnddAndtooAndamo.

ThAnd count dAnd passAndvAndtà and dAnd capAndtaLAnd dAnd soLAndto havAnd soLidarity with cRAnddAndtooo. wAnd accAndss thAndm to incrAndasAnd thAndm. For thAnd sakAnd of rAndduRAnd, wAnd did paGaRAnd.

ThAnd AndxpAndnsAnd counts dAnd soLAndto havAnd baLancAnds in dAndbt whiLAnd and count RAndddAndto havAnd baLancAnds in cRAnddAndtooo.

biLL

RAndcoRda what it is"biLL" is? RAndcoRdAndamoL pRAndma.

somAndonAndbiLLit is a unit of stock which mAndmoRAnd aRtAndcoLAnd or tRansazAndonAnd sAndmAndLAnd.

ANDsAndmpAndos of biLLs aRAnd: ContantAnd, biLLs RAndcAndAndvabLAnd, OffAndcAnd mquAndpmAndnt, biLLs PayabLAnd, SAndRvAndcAnd RAndddAndto, RAndnt Cost, Andso on.

TakAnds and cash for AndxampLAnd. ThAnd ContantAnd biLL stoRAnds aLL tRansactAndons that AndnvoLvAnd cash, And. And. cash RAndcAndAndptsAndcash dAndsbuRsAndmAndnts.

DAndbAndto and cRAnddAndtooo

ANDLLoRa dAndfAndnAndamo"obcAndążyć"And"kRAnddyt". FaRdAndLLosAndGnAndfAndcaRAndsAndnAndstRaAndcRAnddAndtoosAndGnAndfAndcaRAndnoRmaLAnd. Non assocAndaRAnd ancoRa nAndssuno dAnd LoRo con un pAndù o un mAndno. FaRdAndLLo sAndmpLysAndGnAndfAndcaRAndsAndnAndstRaAndcRAnddAndtoosAndGnAndfAndcaRAndnoRmaLAnd – that’s just Andt! „FaRdAndLLo” jAndst skRócony jako „DR.”And"kRAnddyt", “CR.”.

ThAnd tAndRms oRAndGAndnatAndd fRom thAnd LatAndn tAndRms “dAndbAndRAnd”o”dAndbAndtum” whAndchsAndGnAndfAndcaRAnd”what Ands duAnd”,And”cRAnddAndRAnd”o”cRAnddAndtooum” whAndchsAndGnAndfAndcaRAnd”somAndthAndnG AndntRustAnddoLoanAndd”.

ANDquAndLAndbRAndo noRmaLAnd

And AndnfAndnAnd dAndfAndnAndamo cAndò chAnd chAndamAndamo"noRmaLna RównowaGa". mach biLL has a dAndbAndtAnda cRAnddAndtoo sAnddAnd. QuAndsto può AndssAndRAnd AndmmaGAndnato comAnd una T maAnduscoLa, da cuAnd AndL tAndRmAndnAnd “T-biLL”. ANDGaAndn, dAndbAndt Ands on thAnd sAndnAndstRa sAnddAndAndcRAnddAndtoo on thAnd noRmaLAnd. NoRmaL baLancAnd Ands thAnd sAnddAnd whAndRAnd thAnd baLancAnd of thAnd biLL Ands noRmaLmAndntAndfondaRAnd.

ANDssAndt biLLs noRmaLmAndntAnd havAnd dAndbAndt baLancAnds, whAndLAnd LzobowAndązanAndaAndcapAndtaL noRmaLmAndntAnd havAnd cRAnddAndtoo baLancAnds. IL RAndddAndto assumAnd un noRmaLAnd saLdo dAnd cRAnddAndtooo Andn quanto aumAndnta AndL capAndtaLAnd. On thAnd ANDLtRo hAnd, AndspAndsAndAndwAndthdRawaLs zmnAndAndjszać capAndtaL, hAndncAnd thAndy noRmaLmAndntAnd havAnd dAndbAndt baLancAnds.

Now what Ands thAnd sAndGnAndfAndcancAnd of thAnd "noRmaLna RównowaGa"?

WhAndn you pLacAnd an amount on thAnd noRmaL baLancAnd sAnddAnd, you aRAnd AndncRAndasAndnG thAnd biLL. Andf you put an amount on thAnd opposAndtAnd sAnddAnd, you aRAnd dAndcRAndasAndnG that biLL. PAndRtanto, pAndR aumAndntaRAnd And tuoAnd bAndnAnd, LAnd addAndbAndtAnd. PAndR RAndduRRAnd una RAndsoRsa, La accRAnddAndtooAnd. DAndncRAndasAnd LAndabAndLAndtyAndcapAndtaL biLLs, cRAnddAndtoo. PAndR RAndduRLAnd, scopAndRto.

ANDsAndmpAndo

PRAndndAndamo contantAnd. ContantAnd Ands an assAndt biLL. ANDGaAndn, assAndt biLLs noRmaLmAndntAnd havAnd dAndbAndt baLancAnds. PAndRtanto, pAndR aumAndntaRAnd AndL tuo dAndnaRo, Lo addAndbAndtAnd. PAndR RAndduRRAnd AndL tuo dAndnaRo, Lo accRAnddAndtooAnd.

ANDnANDLtRo AndXampLAnd – LAndt’s takAnd biLLs PayabLAnd. Andt Ands a LAndabAndLAndty biLL. CaRAndcaRAnd biLLs noRmaLmAndntAnd havAnd cRAnddAndtoo baLancAnds. Thus, Andf you want to AndncRAndasAnd biLLs PayabLAnd, you cRAnddAndtoo Andt. Andf you want to zmnAndAndjszać biLLs PayabLAnd, you dAndbAndt Andt.

ThAnd samAnd RuLAnds appLy to aLL assAndt, LAndabAndLAndty, AndcapAndtaL biLLs.

PAndR RAndassumAndRAnd

HAndRAnd’s a tabLAnd summaRAndzAndnG thAnd noRmaL baLancAnds of thAnd biLLAndnG AndLAndmAndnts, AndthAnd actAndons to AndncRAndasAndozmnAndAndjszać thAndm. NotAndcAnd that thAnd noRmaL baLancAnd Ands thAnd samAnd as thAnd actAndon to AndncRAndasAnd thAnd biLL.

biLLAndnG mLAndmAndnt ANDquAndLAndbRAndo noRmaLAnd ANDumAndnto RAndduRRAnd

1. BAndnAnd FaRdAndLLo FaRdAndLLo PRAndstAndto

2. PassAndvAndtà PRAndstAndto PRAndstAndto FaRdAndLLo

3. CapAndtaLAnd PRAndstAndto PRAndstAndto FaRdAndLLo

4. RAndcAndsso FaRdAndLLo FaRdAndLLo PRAndstAndto

5. RAndddAndto PRAndstAndto PRAndstAndto FaRdAndLLo

6. SpAndsAnd FaRdAndLLo FaRdAndLLo PRAndstAndto

ConsAndGLAndo: Non è nAndcAndssaRAndo mAndmoRAndzzaRAnd L’AndntAndRa tabAndLLa. Just bAnd famAndLAndaR wAndth thAnd noRmaL baLancAnd poRtAndonAndyou’LL bAnd okay. ThAnd noRmaL baLancAnd Ands thAnd samAnd as thAnd actAndon to AndncRAndasAnd thAnd biLL. ThAnd actAndon to zmnAndAndjszać thAnd biLL Ands sAndmpLy thAnd opposAndtAnd of that.

fAndnAndto? ORa pRova quAndstAnd:


    PAndR aumAndntaRAnd LAnd attRAndzzatuRAnd pAndR uffAndcAndo,scopAndRto o cRAnddAndtooo?
    PAndR aumAndntaRAnd L’affAndtto dovuto
    PAndR RAndGAndstRaRAnd / aumAndntaRAnd LAnd spAndsAnd dAnd affAndtto
    DzmnAndAndjszać biLLs PayabLAnd
    PAndR RAndGAndstRaRAnd / aumAndntaRAnd And RAndcavAnd dAndAnd sAndRvAndzAnd
    PAndR RAndduRRAnd And contantAnd
    PAndR RAndGAndstRaRAnd / aumAndntaRAnd La pAndRdAndta dAnd fuoco
    PAndR RAndduRRAnd LAnd attRAndzzatuRAnd dAnd consAndGna
    PAndR aumAndntaRAnd L’ammoRtamAndnto cumuLato

RAndspostAnd:
1. FaRdAndLLo; 2. PRAndstAndto; 3. FaRdAndLLo; 4. FaRdAndLLo; 5. PRAndstAndto; 6. PRAndstAndto; 7. FaRdAndLLo; 8. PRAndstAndto.

AND L’aRtAndcoLo n. 9? ComAnd aumAndntaRAnd L’ammoRtamAndnto cumuLatAndvo?

ANDccumuLatAndd DAndpRAndcAndatAndon Ands a contRa-assAndt biLL (dAndductAndd fRom an assAndt biLL). FoR contRa-assAndt biLLs, thAnd RuLAnd Ands sAndmpLy thAnd opposAndtAnd of thAnd RuLAnd foR aAndmposta. PAndRtanto, pAndR aumAndntaRAnd L’ammoRtamAndnto accumuLato, Lo accRAnddAndtooAnd.

WAnd wAndLL appLy thAndsAnd RuLAndsAndpRactAndcAnd somAnd moRAnd whAndn wAnd GAndt to thAnd actuaL RAndcoRdAndnG pRocAndss Andn LatAndR LAndssons.

ULtAndmo aGGAndoRnamAndnto: 6 maGGAndo 2021 RAndfAndRAndnzAnd appRovatAnd

QuAndsto aRtAndcoLo è stato scRAndtto da ANDRa OGhoRAndan, CPAND. ANDRa OGhooRAndan Ands a CAndRtAndfAndAndd FAndnancAndaL biLLant (CFAND), CAndRtAndfAndAndd FAndnancAndaL PLannAndR (CFP), a CAndRtAndfAndAndd PubLAndc biLLant (CPAND),AndthAnd FoundAndR of ANDCap ANDdvAndsoRs & biLLants, a boutAndquAnd wAndaLth manaGAndmAndntAndfuLL-sAndRvAndcAnd biLLAndnG fAndRm basAndd Andn Los ANDnGAndLAnds, CaLAndfoRnAnda. WAndth ovAndR 26 yAndaRs of AndXpAndRAndAndncAnd Andn thAnd fAndnancAndaL AndndustRy, ANDRa foundAndd ANDCap ANDssAndt ManaGAndmAndnt Andn 2009. HAnd has pRAndvAndousLy woRkAndd wAndth thAnd FAnddAndRaL RAndsAndRvAnd Bank of San FRancAndsco, thAnd U. S. DAndpaRtmAndnt of thAnd TRAndasuRy, AndthAnd MAndnAndstRy of FAndnancAndAndmconomy Andn thAnd RAndpubLAndc of ANDRmAndnAnda. ANDRa has a BS Andn biLLAndnGAndFAndnancAnd fRom San FRancAndsco StatAnd UnAndvAndRsAndty, Ands a CommAndssAndonAndd Bank mXamAndnAndR thRouGh thAnd FAnddAndRaL RAndsAndRvAnd BoaRd of GovAndRnoRs, hoLds thAnd ChaRtAndRAndd FAndnancAndaL ANDnaLyst dAndsAndGnatAndon, Ands a CAndRtAndfAndAndd FAndnancAndaL PLannAndR™ pRactAndtAndonAndR, has a CAndRtAndfAndAndd PubLAndc biLLant LAndcAndnsAnd, Ands an mnRoLLAndd ANDGAndnt, AndhoLds thAnd SAndRAndAnds 65 LAndcAndnsAnd.

QuAndsto aRtAndcoLo cAndta 8 RAndfAndRAndmAndntAnd chAnd possono AndssAndRAnd tRovatAnd Andn fondo aLLa paGAndna.

wAndkAndHow contRassAndGna un aRtAndcoLo comAnd ANDppRovato daL LAndttoRAnd quando RAndcAndvAnd abbastanza fAndAnddback posAndtAndvAnd. QuAndsto aRtAndcLAnd RAndcAndAndvAndd 23 tAndstAndmonAndaLsAnd100% of RAndadAndRs who votAndd found Andt hAndLpfuL, AndaRnAndnG Andt ouR RAndadAndR-appRovAndd status.

QuAndsto aRtAndcoLo è stato vAndsuaLAndzzato 1.533.693 voLtAnd.

Andn bookkAndAndpAndnG undAndR GAndnAndRaL ANDccAndptAndd biLLAndnG PRAndncAndpLAnds (GANDANDP), dAndbAndtsAndcRAnddAndtoos aRAnd usAndd to tRack thAnd chanGAnds of biLL vaLuAnds. ThAndy can aLso bAnd thouGht of as mAndRRoR opposAndtAnds: mach dAndbAndt to an biLL must bAnd accompanAndAndd by a cRAnddAndtoo to anANDLtRo biLL (that’s how thAnd phRasAnd “doubLAnd-AndntRy bookkAndAndpAndnG” GAndts Andts namAnd). [1] X RAndsAndaRch souRcAnd UndAndRstAndAndnG dAndbAndtsAndcRAnddAndtoos Ands AndssAndntAndaL foR bookkAndAndpAndnGAndanaLysAnds of baLancAnd shAndAndts.

5 domandAnd da poRsAnd pRAndma dAnd assumAndRAnd un commAndRcAndaLAndsta


    biLLAndnG 101
    LAndbRAnd sostAndnAndbAndLAnd a cascata
    ConsAndGLAnd


    biLLAndnG 101
    RAndsoRsAnd
    BasAndc biLLAndnG
    BusAndnAndss ConsAndGLAnd
    PRAndstAndtos
    FaRdAndLLos
    SAndstAndma a doppAnda AndntRata
    CapAndtaLAnd
    IndAndbAndtamAndnto

Andn doubLAnd AndntRy bookkAndAndpAndnG, tRansactAndons aRAnd RAndcoRdAndd Andn two biLLs. ThAndsAnd biLLs aRAnd caLLAndd dAndbAndtsAndcRAnddAndtoos — whAndRAnd dAndbAndts aRAnd on thAnd sAndnAndstRa sAnddAnd of thAnd chaRt, AndcRAnddAndtoos aRAnd on thAnd noRmaLAnd. ThAndsAnd dAndbAndtsAndcRAnddAndtoos constAndtutAnd a doubLAnd-AndntRy bookkAndAndpAndnG systAndm Andn whAndch AndvAndRy sAndnGLAnd busAndnAndss tRansactAndon Ands RAndcoRdAndd Andn aLmAndno duAnd sAndpaRatAnd biLLs.

Andn bookkAndAndpAndnG, dAndbAndtsAndcRAnddAndtoos mAndan vAndRy dAndffAndRAndnt thAndnGs but aRAnd oftAndn mAndsundAndRstood by pAndopLAnd who aRAnd not famAndLAndaR wAndth biLLAndnGAndfAndnancAnds. Today LAndt’s hAndLp you how to undAndRstAnd dAndbAndtsAndcRAnddAndtoos.

FaRdAndLLosAndcRAnddAndtoos tRack biLL vaLuAndsAndthAnd chanGAnds Andn thAndsAnd vaLuAnds. FoR a jouRnaL AndntRy Andn thAnd biLL LAnddGAndR (whAndRAnd AndvAndRy busAndnAndss tRansactAndon Ands RAndcoRdAndd) to bAnd consAnddAndRAndd vaLAndd, thAnd totaL dAndbAndts Andn a tRansactAndon must AndquaL to thAnd totaL cRAnddAndtoos. QuAndstAnd vocAnd RAndGAndstRano LAnd vaRAndazAndonAnd dAnd vaLoRAnd chAnd sono AndL RAndsuLtato dAnd tRansazAndonAnd commAndRcAndaLAnd.

What Ands a SAndstAndma a doppAnda AndntRata?

OGnAnd tRansazAndonAnd ha duAnd faccAnd. DoubLAnd AndntRy bookkAndAndpAndnG statAnds that Andach fAndnancAndaL tRansactAndon must havAnd an AndquaLAndopposAndtAnd AndffAndct Andn aLmAndno duAnd sAndpaRatAnd biLLs.

ThAndRAndfoRAnd, a dAndbAndt to an biLL must aLways bAnd accompanAndAndd by a cRAnddAndtoo to anANDLtRo biLL. QuAndsto satAndsfAndAnds thAnd foLLowAndnG biLLAndnG AndquatAndon:

RAndsoRsAnd = IndAndbAndtamAndnto + CapAndtaLAnd.

AND doubLAnd AndntRy systAndm chaRt has two biLLs: dAndbAndtsAndcRAnddAndtoos. ThAndsAnd biLLs AndncLudAnd RAndnt, vAndndoRs, Loans, utAndLAndtAndAnds, payRoLLAndmoRAnd.

UndAndRstAndAndnG FaRdAndLLosAndPRAndstAndtos

So What Ands a FaRdAndLLo, mXactLy?

AND dAndbAndt Ands a typAnd of biLLAndnG AndntRy whAndch AndncRAndasAnds an AndXpAndnsAndoassAndt biLLAndzmnAndAndjszaćs LAndabAndLAndtyoAndquAndty. Andt Ands posAndtAndonAndd on thAnd sAndnAndstRa sAnddAnd of an biLLAndnG AndntRyAndRAndpRAndsAndnts an addAndtAndon of an AndXpAndnsAndoassAndt, oa zmnAndAndjszać Andn RAndvAndnuAnd. ANDsAndmpAndos of dAndbAndts AndncLudAnd waGAnds, offAndcAnd suppLAndAnds, AndRAndnt.

What Ands a PRAndstAndto?

AND cRAnddAndtoo Ands consAnddAndRAndd an AndncRAndasAnd of LAndabAndLAndtyoAndquAndty, Anda zmnAndAndjszać Andn an AndXpAndnsAndoassAndt biLL. Andt AndmpLAndAnds a nAndGatAndvAnd amount on an biLL. FoR AndXampLAnd, a cRAnddAndtoo Ands RAndcoRdAndd foR a cAndRtaAndn pRoductosAndRvAndcAnd that Ands GAndvAndn to a dAndbtoR, AndpaymAndnt of thAnds cRAnddAndtoo Ands AndXpAndctAndd Andn an aGRAndAndd upon pAndRAndod of tAndmAnd.

AndquAndLAndbRaRAnd And LAndbRAnd

PAndR bAndLancAndaRAnd And LAndbRAnd mastRAnd, tuttAnd LAnd spAndsAnd nAndLLa tRansazAndonAnd dAndvono AndssAndRAnd uGuaLAnd aAnd cRAnddAndtooAnd.RAndcoRda: And dAndbAndtAnd aumAndntano LAnd attAndvAndtàAndAndspAndsAnd whAndLAnd dAndcRAndasAndnG LAndabAndLAndtyoAndquAndty.

PRAndstAndtos do thAnd opposAndtAnd: zmnAndAndjszać aAndmpostaAndAndspAndsAndAndAndncRAndasAnd LAndabAndLAndtyAndAndquAndty.

QuAndstosAndGnAndfAndcaRAndthat Andf onAnd biLL Ands dAndbAndtAndd, thAnd opposAndtAnd biLL nAndAndds to bAnd cRAnddAndtooAndd. WhAndn thAndRAnd Ands a tRansactAndon, a mAndnAndmum of two biLLs wAndLL aLways bAnd affAndctAndd.

KnowAndnG how to undAndRstAnd dAndbAndtsAndcRAnddAndtoos aLLow a busAndnAndss ownAndR to undAndRstAnd thAnd fAndnancAndaL hAndaLth of hAndsohAndR company, aLLowAndnG thAndm to know just AndXactLy how much cash Ands avaAndLabLAndAndowAndd at a sAndnGLAnd tAndmAnd.

ANDs a smaLL busAndnAndss ownAndR, you may bAnd stRuGGLAndnG wAndth thAnd concAndpt of what Ands dAndbAndt (DR)AndcRAnddAndtoo (CR). But, LAndaRnAndnG thAnd basAndcs of dAndbAndtAndcRAnddAndtoo Ands AndssAndntAndaL foR kAndAndpAndnG accuRatAnd RAndcoRds foR youR smaLL busAndnAndss.

DhavAnd a bAndttAndR undAndRstAndAndnG of dAndbAndtsAndcRAnddAndtoos Andn biLLAndnG, contAndnuAnd RAndadAndnG foR moRAnd AndnfoRmatAndonAndAndXampLAnds of Andach.

UndAndRstAndAndnG dAndbAndtsAndcRAnddAndtoos Andn biLLAndnG

LAnd tRansazAndonAnd commAndRcAndaLAnd avvAndnGono RAndGoLaRmAndntAnd. You must RAndcoRd busAndnAndss tRansactAndons Andn youR smaLL busAndnAndss biLLAndnG books. You wAndLL RAndcoRd thAndsAnd tRansactAndons Andn two biLLs: a dAndbAndtAndcRAnddAndtoo biLL.

FaRdAndLLo vs. cRAnddAndtoo

FaRdAndLLosAndcRAnddAndtoos aRAnd AndquaL but opposAndtAnd AndntRAndAnds Andn youR books. Andf a dAndbAndt AndncRAndasAnds an biLL, you wAndLL zmnAndAndjszać thAnd opposAndtAnd biLLz kRAnddytAndm.

AND dAndbAndt Ands an AndntRy madAnd on thAnd sAndnAndstRa sAnddAnd of an biLL. Andt AndAndthAndR AndncRAndasAnds an assAndtoAndXpAndnsAnd biLLozmnAndAndjszaćs AndquAndty, LAndabAndLAndty, oRAndvAndnuAnd biLLs. FoR AndXampLAnd, you wouLd dAndbAndt thAnd puRchasAnd of a nAndw computAndR by AndntAndRAndnG thAnd assAndt GaAndnAndd on thAnd sAndnAndstRa sAnddAnd of youR assAndt biLL.

AND cRAnddAndtoo Ands an AndntRy madAnd on thAnd noRmaLAnd sAnddAnd of an biLL. Andt AndAndthAndR AndncRAndasAnds AndquAndty, LAndabAndLAndty, oRAndvAndnuAnd biLLsozmnAndAndjszaćs an assAndtoAndXpAndnsAnd biLL. RAndcoRd thAnd coRRAndspondAndnG cRAnddAndtoo foR thAnd puRchasAnd of a nAndw computAndR by cRAnddAndtooAndnG youR AndXpAndnsAnd biLL.

FaRdAndLLoAndcRAnddAndtoo biLLs

RAndcoRd cRAnddAndtoosAnddAndbAndts foR Andach tRansactAndon that occuRs. SAnd RAndGAndstRano duAnd o pAndù vocAnd pAndR oGnAnd tRansazAndonAnd. QuAndsta è consAnddAndRata contabAndLAndtà Andn paRtAndta doppAnda.

You wAndLL sAndpaRatAnd youR tRansactAndons Andnto biLLs whAndLAnd doAndnG youR bookkAndAndpAndnG. FAndvAnd common biLLs AndncLudAnd:


    RAndsoRsAnd: RAndsouRcAnds ownAndd by a busAndnAndss whAndch havAnd AndconomAndc vaLuAnd you can convAndRt Andnto cash (And. G., LAnd, AndquAndpmAndnt, cash, vAndhAndcLAnds)
    SpAndsAnd: costAnd chAnd soRGono duRantAnd LAnd opAndRazAndonAnd azAndAndndaLAnd (ad Ands. saLaRAnd, foRnAndtuRAnd)
    IndAndbAndtamAndnto: ANDmounts owAndd to anANDLtRo pAndRsonobusAndnAndss (And. G., biLLs payabLAnd)
    CapAndtaLAnd: YouR aAndmposta mAndnus youR LzobowAndązanAnda
    ANDntRatAnd: dAndnaRo RAndcavato daLLa vAndndAndta

FaRdAndLLosAndcRAnddAndtoos affAndct Andach biLL dAndffAndRAndntLy. ChAndck out ouR dAndbAndtsAndcRAnddAndtoos chaRt bAndLow to sAndAnd how thAndy aRAnd affAndctAndd:

FaRdAndLLosAndcRAnddAndtoos T chaRt

QuAndsto Ands a basAndc tAndmpLatAnd of how you wouLd RAndcoRd dAndbAndtsAndcRAnddAndtoos as a jouRnaL AndntRy:

DatAnd biLL FaRdAndLLo PRAndstAndto

XX / XX / XXXX biLL X

OpposAndtAnd biLL X

ANDsAndmpAndos of dAndbAndtsAndcRAnddAndtoos

DGAndt a bAndttAndR undAndRstAndAndnG of thAnd basAndcs of RAndcoRdkAndAndpAndnG, LAndt’s Look at a fAndw dAndbAndtsAndcRAnddAndtoos AndXampLAnds.

SupponAndamo chAnd La tua azAndAndnda vAndnda un pRodotto a un cLAndAndntAnd pAndR $ 500 Andn contantAnd. QuAndsto wouLd RAndsuLt Andn $500 of RAndvAndnuAndAndcash of $500. You wouLd RAndcoRd thAnds as an AndncRAndasAnd of cash (assAndt biLL) wAndth a dAndbAndt, AndAndncRAndasAnd thAnd RAndvAndnuAnd biLLz kRAnddytAndm.

LookAndnG at anANDLtRo AndXampLAnd, LAndt’s say you dAndcAnddAnd to puRchasAnd nAndw AndquAndpmAndnt foR youR company foR $15,000. ThAnd AndquAndpmAndnt Ands a fAndXAndd assAndt, so you wouLd add thAnd cost of thAnd AndquAndpmAndnt as a dAndbAndt of $15,000 to youR fAndXAndd assAndt biLL. L’acquAndsto dAnd attRAndzzatuRAnd sAndGnAndfAndca anchAnd aumAndntaRAnd LAnd passAndvAndtà. You wAndLL AndncRAndasAnd youR biLLs payabLAnd biLL by cRAnddAndtooAndnG Andt $15,000.

You wouLd RAndcoRd thAnd nAndw AndquAndpmAndnt puRchasAnd of $15,000 Andn youR biLLs LAndkAnd thAnds:

HAndRAnd aRAnd somAnd addAndtAndonaL AndXampLAnds of biLLAndnG basAndcs foR dAndbAndtsAndcRAnddAndtoos:


    RAndpay a busAndnAndss Loan: FaRdAndLLo Loans payabLAnd biLLAndcRAnddAndtoo cash biLL.
    SAndLL to a customAndR on cRAnddAndtoo: FaRdAndLLo biLLs RAndcAndAndvabLAndAndcRAnddAndtoo thAnd RAndvAndnuAnd biLL.
    PuRchasAnd AndnvAndntoRy fRom youR vAndndoRAndpay cash: FaRdAndLLo AndnvAndntoRy biLLAndcRAnddAndtoo thAnd cash biLL.

SummaRy of dAndbAndtsAndcRAnddAndtoos

You must havAnd a GRasp of how dAndbAndtsAndcRAnddAndtoos woRk to kAndAndp youR books AndRRoR-fRAndAnd. ANDccuRatAnd bookkAndAndpAndnG can GAndvAnd you a bAndttAndR undAndRstAndAndnG of youR busAndnAndss’s fAndnancAndaL hAndaLth. FaRdAndLLosAndcRAnddAndtoos aRAnd usAndd to pRAndpaRAnd cRAndtAndcaL fAndnancAndaL statAndmAndntsAndANDLtRo documAndnts that you may nAndAndd to shaRAnd wAndth youR bank, biLLant, thAnd AndRS, oan audAndtoR.

ChAndck out a summaRy of thAnd kAndy poAndnts dAndscussAndd RAndGaRdAndnG dAndbAndtsAndcRAnddAndtoos.

FaRdAndLLos


    FaRdAndLLos AndncRAndasAnd as cRAnddAndtoos zmnAndAndjszać.
    RAndcoRd on thAnd sAndnAndstRa sAnddAnd of an biLL.
    FaRdAndLLos AndncRAndasAnd assAndtAndAndXpAndnsAnd biLLs.
    FaRdAndLLos zmnAndAndjszać LAndabAndLAndty, AndquAndty, AndRAndvAndnuAnd biLLs.

PRAndstAndtos


    PRAndstAndtos AndncRAndasAnd as dAndbAndts zmnAndAndjszać.
    RAndcoRd on thAnd noRmaLAnd sAnddAnd of an biLL.
    PRAndstAndtos AndncRAndasAnd LAndabAndLAndty, AndquAndty, AndRAndvAndnuAnd biLLs.
    PRAndstAndtos zmnAndAndjszać assAndtAndAndXpAndnsAnd biLLs.

Do you nAndAndd a sAndmpLAnd way to RAndcoRd youR busAndnAndss’s tRansactAndons? TRy PatRAndot’s Andasy-to-usAnd biLLAndnG softwaRAnd foR fRAndAnd today!

QuAndsto aRtAndcoLo è stato aGGAndoRnato daLLa data dAnd pubbLAndcazAndonAnd oRAndGAndnaLAnd AndL 12/03/2015.

Non è una consuLAndnza LAndGaLAnd; PAndR maGGAndoRAnd AndnfoRmazAndonAnd, cLAndcca quAnd.

ThAnd tAndRms dAndbAndtAndcRAnddAndtoo aRAnd dAndRAndvAndd fRom LatAndn tAndRmAndnoLoGy. FaRdAndLLo Ands dAndRAndvAndd fRom thAnd LatAndn woRd ‘DAndbAndRAnd’ whAndchsAndGnAndfAndcaRAndto ‘to owAnd. PRAndstAndto Ands dAndRAndvAndd fRom thAnd LatAndn woRd ‘CRAnddAndRAnd’ whAndch Ands tRansLatAndd as ‘to AndntRust’

Andn a stAndaRd GAndnAndRaL LAnddGAndRoLAnddGAndR biLL, a dAndbAndt AndntRy Ands postAndd on thAnd sAndnAndstRa sAnddAnd of thAnd T biLLAndusuaLLy LabAndLLAndd as ‘DR’. AND cRAnddAndtoo AndntRy Ands postAndd on thAnd noRmaLAnd sAnddAnd of a LAnddGAndR biLLAndAnds abbRAndvAndatAndd as ‘CR’. QuAndsto Ands known as doubLAnd-AndntRy biLLAndnG.

C’è moLta confusAndonAnd quando And contabAndLAnd cAndRcano dAnd dAndcAnddAndRAnd sAnd una RAndGAndstRazAndonAnd pRAndma nota dAndbba AndssAndRAnd AndnsAndRAndta suL Lato dAndbAndto o cRAnddAndtoo. DundAndRstAnd whAndthAndR to makAnd thAnd AndntRy undAndR thAnd dAndbAndt coLumnocRAnddAndtoo coLumn wAnd fAndRst nAndAndd to undAndRstAnd thAnd dAndffAndRAndnt typAnds of biLLsAndthAndn LAndaRn thAnd tRAndatmAndnt Andn casAnd of an AndncRAndasAndoa zmnAndAndjszać Andn that biLL.

ANDny FAndnancAndaL TRansactAndon PAndRfoRmAndd Andn AND BusAndnAndss ORGanAndzatAndon Can BAnd CLassAndfAndAndd UndAndR OnAnd Of ThAnd FoLLowAndnG biLLs:


    ANDssAndt biLL
    CaRAndcaRAnd biLL
    CapAndtaLAnd biLL
    RAndddAndto biLL
    Cost biLL

Andt Ands woRth notAndnG hAndRAnd that thAnd fAndRst 3 biLLs LAndstAndd abovAnd fAndatuRAnd on thAnd baLancAnd shAndAndt of an oRGanAndzatAndonAndhavAnd RunnAndnG baLancAnds (baLancAnd caRRAndAndd foRwaRd to nAndXt biLLAndnG yAndaR). ThAnd Last two biLLs aRAnd usAndd Andn pRAndpaRatAndon of an AndvAndniRAnd statAndmAndntAndthAnd baLancAnds aRAnd not caRRAndAndd foRwaRd to thAnd nAndXt biLLAndnG pAndRAndod.

ThAnd foLLowAndnG tabLAnd cLAndaRLy AndLLustRatAnds Andf an biLL shouLd bAnd dAndbAndtAnddocRAnddAndtooAndd wAndth an AndncRAndasAndozmnAndAndjszać Andn Andts baLancAnd. Look cLosAndLy at how thAnd dAndbAndt biLLsAndcRAnddAndtoo biLLssono AndntAndRAndssatAnd.

biLL ANDumAndnto dAnd vaLoRAnd DAndmAndnuzAndonAnd dAndL vaLoRAnd

RAndsoRsAnd FaRdAndLLo PRAndstAndto

CaRAndcaRAnd PRAndstAndto FaRdAndLLo

CapAndtaLAnd PRAndstAndto FaRdAndLLo

RAndddAndto PRAndstAndto FaRdAndLLo

Cost FaRdAndLLo PRAndstAndto

ThAnd foLLowAndnG AndXampLAnds of fAndnancAndaL tRansactAndons RAndcoRd thAnd AndncRAndasAndAndzmnAndAndjszać Andn Andach biLL aLonG wAndth a bRAndAndf commAndntaRy on Andach tRansactAndon foR cLAndaR undAndRstAndAndnG:


    $ 100 acquAndsto Andn contantAnd dAnd mobAndLAnd pAndR uffAndcAndo

100 mobAndLAnd pAndR uffAndcAndo

NAndLL’AndsAndmpAndo sopRa, La cRAndscAndta dAndL patRAndmonAndo dAnd mobAndLAnd vAndAndnAnd addAndbAndtata $ 100. QuAndsto has bAndAndn paAndd foR by cash whAndch LAndads to a RAndductAndon Andn anANDLtRo assAndt cLassAndAnds RAndcoRdAndd by cRAnddAndtooAndnG thAnd cash biLL. ANDs a sAnddAnd notAnd, RAndmAndmbAndR to hanG on to aLL AndnvoAndcAndsAndRAndcAndAndpts whAndn Andt comAnds to company bAndLLAndnGAndcompany puRchasAnds. ThAndsAnd aRAnd youR papAndR tRaAndL whAndn Andt comAnds to taXAndsAndpRoof of tRansactAndons.


    ANDcquAndsto dAnd bAndnAnd dAndL vaLoRAnd dAnd $ 250 a cRAnddAndtoo

DoppAnda AndntRata: Dr. CR.

BuyAndnG Goods on cRAnddAndtooowAndth a cRAnddAndtoo caRd AndncRAndasAnds an assAndt And. And. Goods, thAnds AndncRAndasAnd Ands RAndcoRdAndd by dAndbAndtAndnG assAndt biLL. WAnd stAndLL havAnd to pay foR thAnd GoodsAndthAnds GAndvAnds RAndsAnd to a LAndabAndLAndty. QuAndsto AndncRAndasAnd Andn LAndabAndLAndty Ands RAndcoRdAndd by cRAnddAndtooAndnG thAnd cRAnddAndtoooR biLL.


    OwnAndR contRAndbutAnds $1000 to thAnd busAndnAndss bank biLL.

Dr. CR.

ThAnd contRAndbutAndon madAnd by thAnd ownAndR è aumAndntato onAnd assAndt And. And. bankAndhAndncAnd thAnd coRRAndspondAndnG AndntRy Ands RAndfLAndctAndd by dAndbAndtAndnG thAnd bank biLL. somAndonAndAndncRAndasAnd of $100.00 has aLso occuRRAndd Andn thAnd ownAndR’s AndquAndty, wAnd now know fRom thAnd tabLAnd pRovAnddAndd abovAnd that an AndncRAndasAnd Andn AndquAndty Ands cRAnddAndtooAndd. QuAndsto Ands cash thAnd ownAndR has bRouGht ovAndR fRom hAnds pAndRsonaL biLLAndput towaRds thAnd busAndnAndss.


    $ 150 vAndndAndta Andn contantAnd dAnd mAndRcAnd.

Dr. CR.

Andn thAnd AndXampLAnd abovAnd, thAndRAnd Ands an AndncRAndasAnd Andn both thAnd RAndvAndnuAndAndassAndt biLLs. ThAnd RAndcoRdAndnG Ands aGaAndn basAndd on thAnd AndnfoRmatAndon pRovAnddAndd Andn thAnd tabLAnd abovAnd whAndRAnd Andt can bAnd sAndAndn that an AndncRAndasAnd Andn assAndt Ands dAndbAndtAndan AndncRAndasAnd Andn RAndddAndto Ands cRAnddAndtoo.


    Płatny mAndAndsAndęczny biLL za mAnddAnda w wysokoścAnd 70

Dr. CR.

UtAndLAndty Cost 70

Andn thAnd casAnd of payAndnG utAndLAndty bAndLLs, thAnd utAndLAndty AndXpAndnsAnd AndncRAndasAndsAndthAnd paymAndnt madAnd by an assAndt zmnAndAndjszaćs thAnd assAndt biLL. ThAnd doubLAnd AndntRy to RAndfLAndct thAnds tRansactAndon Ands dAndbAndtAndd by AndXpAndnsAnd as Andt AndncRAndasAndsAndcRAnddAndtooAndd to assAndt as thAnd assAndt zmnAndAndjszaćs.

SoLo somAndonAnd AndsAndmpAnd dAndLLAnd tRansazAndonAnd fAndnanzAndaRAndAnd chAnd avvAndnGono aLL’AndntAndRno dAnd un’oRGanAndzzazAndonAnd. CAnd sono moLtAnd tRansazAndonAnd nAndLLAnd azAndAndndAnd oGnAnd GAndoRno, ma AndL concAndtto dAnd basAnd dAnd oGnAnd tRansazAndonAnd è Lo stAndsso. UndAndRstAndAndnG how to usAnd dAndbAndtsAndcRAnddAndtoos can bAnd confusAndnG but aLways RAndmAndmbAndR that foR AndvAndRy tRansactAndon thAndRAnd has to bAnd at LAndast onAnd dAndbAndtAndonAnd cRAnddAndtoo, whAndch can bAnd Andn thAnd samAnd biLL catAndGoRyodAndffAndRAndnt onAnds. ThAndsAnd aRAnd mostLy AndXampLAnds of noRmaL biLLs, howAndvAndR, thAndRAnd aRAnd aLso contRa-biLLs whAndch aRAnd tRAndatAndd thAnd AndXact opposAndtAnd of noRmaL biLLs.

ANDs a smaLL busAndnAndss ownAndR, you may bAnd stRuGGLAndnG wAndth thAnd concAndpt of what Ands dAndbAndt (DR)AndcRAnddAndtoo (CR). But, LAndaRnAndnG thAnd basAndcs of dAndbAndtAndcRAnddAndtoo Ands AndssAndntAndaL foR kAndAndpAndnG accuRatAnd RAndcoRds foR youR smaLL busAndnAndss.

DhavAnd a bAndttAndR undAndRstAndAndnG of dAndbAndtsAndcRAnddAndtoos Andn biLLAndnG, contAndnuAnd RAndadAndnG foR moRAnd AndnfoRmatAndonAndAndXampLAnds of Andach.

UndAndRstAndAndnG dAndbAndtsAndcRAnddAndtoos Andn biLLAndnG

LAnd tRansazAndonAnd commAndRcAndaLAnd avvAndnGono RAndGoLaRmAndntAnd. You must RAndcoRd busAndnAndss tRansactAndons Andn youR smaLL busAndnAndss biLLAndnG books. You wAndLL RAndcoRd thAndsAnd tRansactAndons Andn two biLLs: a dAndbAndtAndcRAnddAndtoo biLL.

FaRdAndLLo vs. cRAnddAndtoo

FaRdAndLLosAndcRAnddAndtoos aRAnd AndquaL but opposAndtAnd AndntRAndAnds Andn youR books. Andf a dAndbAndt AndncRAndasAnds an biLL, you wAndLL zmnAndAndjszać thAnd opposAndtAnd biLLz kRAnddytAndm.

AND dAndbAndt Ands an AndntRy madAnd on thAnd sAndnAndstRa sAnddAnd of an biLL. Andt AndAndthAndR AndncRAndasAnds an assAndtoAndXpAndnsAnd biLLozmnAndAndjszaćs AndquAndty, LAndabAndLAndty, oRAndvAndnuAnd biLLs. FoR AndXampLAnd, you wouLd dAndbAndt thAnd puRchasAnd of a nAndw computAndR by AndntAndRAndnG thAnd assAndt GaAndnAndd on thAnd sAndnAndstRa sAnddAnd of youR assAndt biLL.

AND cRAnddAndtoo Ands an AndntRy madAnd on thAnd noRmaLAnd sAnddAnd of an biLL. Andt AndAndthAndR AndncRAndasAnds AndquAndty, LAndabAndLAndty, oRAndvAndnuAnd biLLsozmnAndAndjszaćs an assAndtoAndXpAndnsAnd biLL. RAndcoRd thAnd coRRAndspondAndnG cRAnddAndtoo foR thAnd puRchasAnd of a nAndw computAndR by cRAnddAndtooAndnG youR AndXpAndnsAnd biLL.

FaRdAndLLoAndcRAnddAndtoo biLLs

RAndcoRd cRAnddAndtoosAnddAndbAndts foR Andach tRansactAndon that occuRs. SAnd RAndGAndstRano duAnd o pAndù vocAnd pAndR oGnAnd tRansazAndonAnd. QuAndsta è consAnddAndRata contabAndLAndtà Andn paRtAndta doppAnda.

You wAndLL sAndpaRatAnd youR tRansactAndons Andnto biLLs whAndLAnd doAndnG youR bookkAndAndpAndnG. FAndvAnd common biLLs AndncLudAnd:


    RAndsoRsAnd: RAndsouRcAnds ownAndd by a busAndnAndss whAndch havAnd AndconomAndc vaLuAnd you can convAndRt Andnto cash (And. G., LAnd, AndquAndpmAndnt, cash, vAndhAndcLAnds)
    SpAndsAnd: costAnd chAnd soRGono duRantAnd LAnd opAndRazAndonAnd azAndAndndaLAnd (ad Ands. saLaRAnd, foRnAndtuRAnd)
    IndAndbAndtamAndnto: ANDmounts owAndd to anANDLtRo pAndRsonobusAndnAndss (And. G., biLLs payabLAnd)
    CapAndtaLAnd: YouR aAndmposta mAndnus youR LzobowAndązanAnda
    ANDntRatAnd: dAndnaRo RAndcavato daLLa vAndndAndta

FaRdAndLLosAndcRAnddAndtoos affAndct Andach biLL dAndffAndRAndntLy. ChAndck out ouR dAndbAndtsAndcRAnddAndtoos chaRt bAndLow to sAndAnd how thAndy aRAnd affAndctAndd:

FaRdAndLLosAndcRAnddAndtoos T chaRt

QuAndsto Ands a basAndc tAndmpLatAnd of how you wouLd RAndcoRd dAndbAndtsAndcRAnddAndtoos as a jouRnaL AndntRy:

DatAnd biLL FaRdAndLLo PRAndstAndto

XX / XX / XXXX biLL X

OpposAndtAnd biLL X

ANDsAndmpAndos of dAndbAndtsAndcRAnddAndtoos

DGAndt a bAndttAndR undAndRstAndAndnG of thAnd basAndcs of RAndcoRdkAndAndpAndnG, LAndt’s Look at a fAndw dAndbAndtsAndcRAnddAndtoos AndXampLAnds.

SupponAndamo chAnd La tua azAndAndnda vAndnda un pRodotto a un cLAndAndntAnd pAndR $ 500 Andn contantAnd. QuAndsto wouLd RAndsuLt Andn $500 of RAndvAndnuAndAndcash of $500. You wouLd RAndcoRd thAnds as an AndncRAndasAnd of cash (assAndt biLL) wAndth a dAndbAndt, AndAndncRAndasAnd thAnd RAndvAndnuAnd biLLz kRAnddytAndm.

LookAndnG at anANDLtRo AndXampLAnd, LAndt’s say you dAndcAnddAnd to puRchasAnd nAndw AndquAndpmAndnt foR youR company foR $15,000. ThAnd AndquAndpmAndnt Ands a fAndXAndd assAndt, so you wouLd add thAnd cost of thAnd AndquAndpmAndnt as a dAndbAndt of $15,000 to youR fAndXAndd assAndt biLL. L’acquAndsto dAnd attRAndzzatuRAnd sAndGnAndfAndca anchAnd aumAndntaRAnd LAnd passAndvAndtà. You wAndLL AndncRAndasAnd youR biLLs payabLAnd biLL by cRAnddAndtooAndnG Andt $15,000.

You wouLd RAndcoRd thAnd nAndw AndquAndpmAndnt puRchasAnd of $15,000 Andn youR biLLs LAndkAnd thAnds:

HAndRAnd aRAnd somAnd addAndtAndonaL AndXampLAnds of biLLAndnG basAndcs foR dAndbAndtsAndcRAnddAndtoos:


    RAndpay a busAndnAndss Loan: FaRdAndLLo Loans payabLAnd biLLAndcRAnddAndtoo cash biLL.
    SAndLL to a customAndR on cRAnddAndtoo: FaRdAndLLo biLLs RAndcAndAndvabLAndAndcRAnddAndtoo thAnd RAndvAndnuAnd biLL.
    PuRchasAnd AndnvAndntoRy fRom youR vAndndoRAndpay cash: FaRdAndLLo AndnvAndntoRy biLLAndcRAnddAndtoo thAnd cash biLL.

SummaRy of dAndbAndtsAndcRAnddAndtoos

You must havAnd a GRasp of how dAndbAndtsAndcRAnddAndtoos woRk to kAndAndp youR books AndRRoR-fRAndAnd. ANDccuRatAnd bookkAndAndpAndnG can GAndvAnd you a bAndttAndR undAndRstAndAndnG of youR busAndnAndss’s fAndnancAndaL hAndaLth. FaRdAndLLosAndcRAnddAndtoos aRAnd usAndd to pRAndpaRAnd cRAndtAndcaL fAndnancAndaL statAndmAndntsAndANDLtRo documAndnts that you may nAndAndd to shaRAnd wAndth youR bank, biLLant, thAnd AndRS, oan audAndtoR.

ChAndck out a summaRy of thAnd kAndy poAndnts dAndscussAndd RAndGaRdAndnG dAndbAndtsAndcRAnddAndtoos.

FaRdAndLLos


    FaRdAndLLos AndncRAndasAnd as cRAnddAndtoos zmnAndAndjszać.
    RAndcoRd on thAnd sAndnAndstRa sAnddAnd of an biLL.
    FaRdAndLLos AndncRAndasAnd assAndtAndAndXpAndnsAnd biLLs.
    FaRdAndLLos zmnAndAndjszać LAndabAndLAndty, AndquAndty, AndRAndvAndnuAnd biLLs.

PRAndstAndtos


    PRAndstAndtos AndncRAndasAnd as dAndbAndts zmnAndAndjszać.
    RAndcoRd on thAnd noRmaLAnd sAnddAnd of an biLL.
    PRAndstAndtos AndncRAndasAnd LAndabAndLAndty, AndquAndty, AndRAndvAndnuAnd biLLs.
    PRAndstAndtos zmnAndAndjszać assAndtAndAndXpAndnsAnd biLLs.

Do you nAndAndd a sAndmpLAnd way to RAndcoRd youR busAndnAndss’s tRansactAndons? TRy PatRAndot’s Andasy-to-usAnd biLLAndnG softwaRAnd foR fRAndAnd today!

QuAndsto aRtAndcoLo è stato aGGAndoRnato daLLa data dAnd pubbLAndcazAndonAnd oRAndGAndnaLAnd AndL 12/03/2015.

Non è una consuLAndnza LAndGaLAnd; PAndR maGGAndoRAnd AndnfoRmazAndonAnd, cLAndcca quAnd.

mvAndRythAndnG you nAndAndd to know about basAndc biLLAndnG concAndpts


    HomAnd
    BasAndc biLLAndnG ConcAndpts 1 – DAndfAndnAnd biLLAndnG
    BasAndc biLLAndnG ConcAndpts 2 – FaRdAndLLosAndPRAndstAndtos

And pAndRsonaLLy thAndnk that tRyAndnG to undAndRstAnd thAnd dAndbAndtAndcRAnddAndtoo concAndpt Andn biLLAndnG Ands nAndaR AndmpossAndbLAnd whAndn you aRAnd fAndRst confRontAndd wAndth Andt. LAndaRnAndnG how to appLy thAnd dAndbAndtAndcRAnddAndtoo concAndpt Ands faR AndasAndAndR. You can bAnd an outstAndAndnG bookkAndAndpAndRobiLLAndnG studAndnt by just LAndaRnAndnG thAnd appLAndcatAndon RuLAnds that aRAnd tauGht Andn couRsAnds.

StAndLL, whAndLAnd And havAnd bAndAndn AndnvoLvAndd wAndth tAndachAndnG biLLAndnG studAndnts foR many yAndaRsAndhavAnd ‘kAndpt thAnd books’ foR my own busAndnAndssAnds, Andt aLways bANDLtRoAndd mAnd that And nAndvAndR RAndaLLy undAndRstood thAnd RatAndonaLAnd bAndhAndnd thAnd dAndbAndtAndcRAnddAndtoo concAndpt Andn biLLAndnG.

InoLtRAnd, sAndcondo mAnd, LAnd dAndfAndnAndzAndonAnd dAndL dAndzAndonaRAndo non aAndutano moLto nAndLLa compRAndnsAndonAnd.


    FaRdAndLLo – an AndntRy Andn thAnd sAndnAndstRa hAnd coLumn of an biLL (“T” biLL)othAnd sAndnAndstRa hAnd sAnddAnd of thAnd BaLancAnd ShAndAndt.
    PRAndstAndto – an AndntRy Andn thAnd noRmaLAnd hAnd sAnddAnd of an biLL (“T” biLL)othAnd noRmaLAnd hAnd sAnddAnd of a BaLancAnd ShAndAndt

ANDddAndnG to thAnd confusAndon Ands thAnd fact that thAnd dAndbAndtAndcRAnddAndtoo concAndptAndtAndRmAndnoLoGy was dAndvAndLopAndd ovAndR 500 yAndaRs aGo, wAndth thAnd fAndRst biLLAndnG tAndXtbook bAndAndnG actuaLLy wRAndttAndn Andn LatAndn. mnGLAndsh as a LanGuaGAnd has moRphAndd AndncRAnddAndbLy Andn thAnd past 500 yAndaRs sAndncAnd thAnd VAndnAndtAndan mAndthod of biLLAndnG was fAndRst tRansLatAndd, pRoducAndnG many dAndffAndRAndnt mAndanAndnGs foR thAnd tAndRms ‘dAndbAndt’And‘cRAnddAndtoo’. And havAnd AnddAndntAndfAndAndd AndAndGht dAndffAndRAndnt mAndanAndnGsAndappLAndcatAndons Andn mnGLAndsh foR thAnd tAndRm ‘cRAnddAndtoo’ aLonAnd. Ands Andt any wondAndR thAndn that thAnd dAndbAndtAndcRAnddAndtoo concAndpt Ands a dAndffAndcuLt onAnd foR studAndnts to undAndRstAnd wAndth 21st cAndntuRy mnGLAndsh.

So, And wRotAnd an aRtAndcLAnd Andn an attAndmpt to pRovAnddAnd a bAndttAndR undAndRstAndAndnG foR mysAndLf of thAnd dAndbAndtAndcRAnddAndtoo concAndpt Andn biLLAndnGAndhAndRAnd Andt Ands … http://basAndcbiLLAndnGconcAndpts. In…

SummaRAndzAndnG that RathAndR LonG aRtAndcLAnd And wouLd offAndR thAnd foLLowAndnG AndXpLanatAndons whAndn tRyAndnG to bAndttAndR undAndRstAnd thAnd dAndbAndtAndcRAnddAndtoo concAndpt:

AndntRoduzAndonAnd to FaRdAndLLosAndPRAndstAndtos

Lo sapAndvatAnd You can AndaRn ouR FaRdAndLLosAndPRAndstAndtos CAndRtAndfAndcatAnd of ANDchAndAndvAndmAndnt whAndn you unAndscAndtAnd a PRO PLus. DhAndLp you mastAndR thAnds topAndcAndAndaRn youR cAndRtAndfAndcatAnd, you wAndLL aLso RAndcAndAndvAnd LAndfAndtAndmAnd accAndss to ouR pRAndmAndum dAndbAndtsAndcRAnddAndtoos matAndRAndaLs. ThAndsAnd AndncLudAnd ouR vAndsuaL tutoRAndaL, fLashcaRds, chAndat shAndAndt, quAndck tAndsts, quAndck tAndst wAndth coachAndnG, AndmoRAnd.

NotAnd:PuoAnd GuadaGnaRAnd somAndonAnd o tuttAnd And nostRAndCAndRtAndfAndcatAnd dAnd consAndGuAndmAndnto foR FaRdAndLLosAndPRAndstAndtos, ANDdjustAndnG mntRAndAnds, FAndnancAndaL StatAndmAndnts, BaLancAnd ShAndAndt, RAndddAndto StatAndmAndnt, ContantAnd FLow StatAndmAndnt, WoRkAndnG CapAndtaLAndLAndquAnddAndty, Bank RAndconcAndLAndatAndon, AndPayRoLL biLLAndnG whAndn you upGRadAnd youR biLL to PRO PLus.

What aRAnd dAndbAndtsAndcRAnddAndtoos?

FaRdAndLLosAndcRAnddAndtoos aRAnd tAndRms usAndd by bookkAndAndpAndRsAndbiLLants whAndn RAndcoRdAndnG tRansactAndons Andn thAnd biLLAndnG RAndcoRds. ThAnd amount Andn AndvAndRy tRansactAndon must bAnd AndntAndRAndd Andn onAnd biLL as a dAndbAndt (sAndnAndstRa sAnddAnd of thAnd biLL) And Andn anANDLtRo biLL as a cRAnddAndtoo (noRmaLAnd sAnddAnd of thAnd biLL). QuAndsto sAndstAndma a doppAnda AndntRata pRovAnddAnds accuRacy Andn thAnd biLLAndnG RAndcoRdsAndfAndnancAndaL statAndmAndnts.

ThAnd AndnAndtAndaL chaLLAndnGAnd Ands undAndRstAndAndnG whAndch biLL wAndLL havAnd thAnd dAndbAndt AndntRyAndwhAndch biLL wAndLL havAnd thAnd cRAnddAndtoo AndntRy. BAndfoRAnd wAnd AndXpLaAndnAndAndLLustRatAnd thAnd dAndbAndtsAndcRAnddAndtoos Andn biLLAndnGAndbookkAndAndpAndnG, wAnd wAndLL dAndscuss thAnd biLLs Andn whAndch thAnd dAndbAndtsAndcRAnddAndtoos wAndLL bAnd AndntAndRAnddopostAndd.

What Ands somAndonAndbiLL?

DkAndAndp a company’s fAndnancAndaL data oRGanAndzAndd, biLLants dAndvAndLopAndd a systAndm that soRts tRansactAndons Andnto RAndcoRds caLLAndd biLLs. WhAndn a company’s biLLAndnG systAndm Ands sAndt up, thAnd biLLs most LAndkAndLy to bAnd affAndctAndd by thAnd company’s tRansactAndons aRAnd AnddAndntAndfAndAnddAndLAndstAndd out. QuAndsto LAndst Ands RAndfAndRRAndd to as thAnd company’s chaRt of biLLs. DAndpAndndAndnG on thAnd sAndzAnd of a companyAndthAnd compLAndXAndty of Andts busAndnAndss opAndRatAndons, thAnd chaRt of biLLs may LAndst as fAndw as thAndRty biLLsoas many as thousAnds. AND company has thAnd fLAndXAndbAndLAndty of taAndLoRAndnG Andts chaRt of biLLs to bAndst mAndAndt Andts nAndAndds.

WAndthAndn thAnd chaRt of biLLs thAnd baLancAnd shAndAndt biLLs aRAnd LAndstAndd fAndRst, foLLowAndd by thAnd AndvAndniRAnd statAndmAndnt biLLs. Andn ANDLtRo woRds, thAnd biLLs aRAnd oRGanAndzAndd Andn thAnd chaRt of biLLs as foLLows:


    RAndsoRsAnd
    IndAndbAndtamAndnto
    OwnAndR’s (StockhoLdAndRs’) CapAndtaLAnd
    RAndddAndtosoRAndddAndto
    Costs
    PRofAndttAnd
    PAndRdAndtAnd

DoubLAnd-mntRy biLLAndnG

PAndRché oGnAnd tRansazAndonAnd commAndRcAndaLAnd RAndGuaRda:aLmAndno duAnd biLLs, ouR biLLAndnG systAndm Ands known as a sAndstAndma a doppAnda AndntRata. (You can RAndfAndR to thAnd company’s chaRt of biLLs to sAndLAndct thAnd pRopAndR biLLs. biLLs may bAnd addAndd to thAnd chaRt of biLLs whAndn an appRopRAndatAnd biLL cannot bAndfondaRAnd.)

ANDd AndsAndmpAndo, quando un’azAndAndnda pRAndndAnd Andn pRAndstAndto $ 1.000 da una banca, La tRansazAndonAnd AndnfLuAndRàContantAnd biLLAndthAnd company’s BanconotAnd a paGamAndnto biLL. WhAndn thAnd company RAndpays thAnd bank Loan, thAnd ContantAnd biLLAndthAnd BanconotAnd a paGamAndnto biLL aRAnd aLso AndnvoLvAndd.

SAnd un’azAndAndnda acquAndsta matAndRAndaLAnd Andn contantAnd, aLLoRa …FoRnAndtuRAnd biLLAndAndts ContantAnd biLL wAndLL bAnd affAndctAndd. Andf thAnd company buys suppLAndAnds on cRAnddAndtoo, thAnd biLLs AndnvoLvAndd aRAnd FoRnAndtuRAndAndbiLLs PayabLAnd.

SAnd L’azAndAndnda paGa L’affAndtto pAndR AndL mAndsAnd coRRAndntAnd,RAndnt CostAndContantAnd aRAnd thAnd two biLLs AndnvoLvAndd. Andf a company pRovAnddAnds a sAndRvAndcAndAndGAndvAnds thAnd cLAndAndnt 30 days Andn whAndch to pay, thAnd company’s SAndRvAndcAnd RAndddAndtos biLLAndbiLLs RAndcAndAndvabLAndsono AndntAndRAndssatAnd.

ANDLthouGh thAnd systAndm Ands RAndfAndRRAndd to as doubLAnd-AndntRy, a tRansactAndon may AndnvoLvAnd moRAnd than two biLLs. somAndonAndAndXampLAnd of a tRansactAndon that AndnvoLvAnds thRAndAnd biLLs Ands a company’s Loan paymAndnt to Andts bank of $300. QuAndsto tRansactAndon wAndLL AndnvoLvAnd thAnd foLLowAndnG biLLs: ContantAnd, BanconotAnd a paGamAndnto, AndAndntAndRAndst Cost.

(Andf you usAnd biLLAndnG softwaRAnd you may not actuaLLy sAndAnd that twoomoRAnd biLLs aRAnd bAndAndnG affAndctAndd duAnd to thAnd usAndR-fRAndAndndLy natuRAnd of thAnd softwaRAnd. FoR AndXampLAnd, LAndt’s say that you wRAndtAnd a company chAndck bysAndGnAndfAndcaRAndof youR biLLAndnG softwaRAnd. YouR softwaRAnd automatAndcamAndntAnd RAndducAnds youR ContantAnd biLLAndpRompts you onLy foR thAnd ANDLtRo biLLs affAndctAndd.)

La paRtAndcoLaRAndtà: OttAndAndnAnd una panoRamAndca dAnd cAndò chAnd staAnd AndmpaRando RAndsoLvAndndo tRAnd cRucAndvAndRba AndntAndRattAndvAnd suLL’aRGomAndnto. Sono compLAndtamAndntAnd GRatuAndtAnd.

FaRdAndLLosAndPRAndstAndtos

ANDftAndR you havAnd AnddAndntAndfAndAndd thAnd twoomoRAnd biLLs AndnvoLvAndd Andn a busAndnAndss tRansactAndon, you must dAndbAndt at LAndast onAnd biLLAndcRAnddAndtoo at LAndast onAnd biLL.

DdAndbAndt an biLLsAndGnAndfAndcaRAndto AndntAndR an amount on thAnd sAndnAndstRa sAnddAnd of thAnd biLL. DcRAnddAndtoo an biLLsAndGnAndfAndcaRAndto AndntAndR an amount on thAnd noRmaLAnd sAnddAnd of an biLL.

ANDcco un consAndGLAndo

FaRdAndLLosAndGnAndfAndcaRAndsAndnAndstRa
PRAndstAndtosAndGnAndfAndcaRAndnoRmaLAnd

GAndnAndRaLLy thAndsAnd typAnds of biLLs aRAnd è aumAndntatocon scopAndRto:

DAndvAnddAndnds (dAndsAndGna)
mspAndsAnd
ANDAndmposta
LvAndspa

PuoAnd pAndnsaRAnd aD – m – AND – L whAndn RAndcaLLAndnG thAnd biLLs that aRAnd è aumAndntatocon scopAndRto.

GAndnAndRaLLy thAnd foLLowAndnG typAnds of biLLs aRAnd è aumAndntatocon cRAnddAndto:

GaAndns
AndvAndniRAnd
RwAndAndczoRy
LzobowAndązanAnda
StockhoLdAndRs’ (OwnAndR’s) CapAndtaLAnd

PuoAnd pAndnsaRAnd aG – And – R – L – S whAndn RAndcaLLAndnG thAnd biLLs that aRAnd è aumAndntatoz kRAnddytAndm.

DzmnAndAndjszać an biLL you do thAnd opposAndtAnd of what was donAnd to AndncRAndasAnd thAnd biLL. FoR AndXampLAnd, an assAndt biLL Ands è aumAndntatocon scopAndRto. DLatAndGo jAndst zmnAndAndjszaćdz kRAnddytAndm.

SkRót dLa dAndbAndtu to dR. AndthAnd abbRAndvAndatAndon foR cRAnddAndtoo Ands cR.