Double 77

The solution that seems the easiest is easiest.

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About Double 77
7777 Mission is to develop, promote and sell software for the mobile world 7777 is located in Rome and has a commercial branch in Milan and Bologna. The Company Founder - Idel Fuschini - works in the mobile world since 1996 and his competencies shared in 7777 gave to this ...
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NA
2 - 9
2011
Italy
Double 77
The solution that seems the easiest is easiest.
0.00/5 (0 Reviews)
Services

mobile development, mobile design, mobile site, apps development

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Service Focus
Discussions
Single-entry accounting system and double-entry accounting system are two types of accounting systems available. The Single-entry system enables a small business to record every transaction as a line item in a ledger. The Double-entry system records every transaction both as a debit and credit in different accounts.The other accounting system that can be used besides the double-entry bookkeeping system:SINGLE ENTRY SYSTEMA single entry accounting system does not require complex software, but a simple excel spreadsheet or something similar to input the information.Apart from a single entry accounting system, there are two different types of accounting methods used by businesses of all sizes:CASH ACCOUNTING METHODCash accounting methods keep a record of income and expenses as they are received and paid.ACCRUAL ACCOUNTING METHODThe accrual accounting method records the amounts when a transaction occurs, not when the cash is exchanged. This method is required by law when a business exceeds 5 million in sales. It is believed that the accrual accounting method provides a more accurate picture of a company’s finances.ConclusionJust like a single entry accounting system of accounting, a cash accounting method is preferred by small businesses as it is simple to implement and saves time. However, the transaction is recorded when cash exchanges happen. The business owner gets a clear picture of the company’s cash flow at any given time. Hence, all the efficient accounting systems mentioned above can be used besides the double-entry bookkeeping system.
Single-entry accounting system and double-entry accounting system are two types of accounting systems available. The Single-entry system enables a small business to record every transaction as a line item in a ledger. The Double-entry system records every transaction both as a debit and credit in different accounts.The other accounting system that can be used besides the double-entry bookkeeping system:SINGLE ENTRY SYSTEMA single entry accounting system does not require complex software, but a simple excel spreadsheet or something similar to input the information.Apart from a single entry accounting system, there are two different types of accounting methods used by businesses of all sizes:CASH ACCOUNTING METHODCash accounting methods keep a record of income and expenses as they are received and paid.ACCRUAL ACCOUNTING METHODThe accrual accounting method records the amounts when a transaction occurs, not when the cash is exchanged. This method is required by law when a business exceeds 5 million in sales. It is believed that the accrual accounting method provides a more accurate picture of a company’s finances.ConclusionJust like a single entry accounting system of accounting, a cash accounting method is preferred by small businesses as it is simple to implement and saves time. However, the transaction is recorded when cash exchanges happen. The business owner gets a clear picture of the company’s cash flow at any given time. Hence, all the efficient accounting systems mentioned above can be used besides the double-entry bookkeeping system.

Single-entry accounting system and double-entry accounting system are two types of accounting systems available. The Single-entry system enables a small business to record every transaction as a line item in a ledger. The Double-entry system records every transaction both as a debit and credit in different accounts.

The other accounting system that can be used besides the double-entry bookkeeping system:

SINGLE ENTRY SYSTEM

A single entry accounting system does not require complex software, but a simple excel spreadsheet or something similar to input the information.

Apart from a single entry accounting system, there are two different types of accounting methods used by businesses of all sizes:

CASH ACCOUNTING METHOD

Cash accounting methods keep a record of income and expenses as they are received and paid.

ACCRUAL ACCOUNTING METHOD

The accrual accounting method records the amounts when a transaction occurs, not when the cash is exchanged. This method is required by law when a business exceeds 5 million in sales. It is believed that the accrual accounting method provides a more accurate picture of a company’s finances.

Conclusion

Just like a single entry accounting system of accounting, a cash accounting method is preferred by small businesses as it is simple to implement and saves time. However, the transaction is recorded when cash exchanges happen. The business owner gets a clear picture of the company’s cash flow at any given time. Hence, all the efficient accounting systems mentioned above can be used besides the double-entry bookkeeping system.

Contact information
it
Double 77
"Via Teodosio Macrobio, 13 00136 - Rome Via Ostiense, 89 00154 - Rome", Rome, Lazio 00136
Italy
3013741206
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