In this lesson we’ll take a step back and look at the massive image of accounting and the cycle of action an accountant needs to take. Closing books of accounts refer to freezing books from recording the enterprise transaction. This is performed after the closure of the accounting interval and posting all of the adjustment entries. At this stage of the accounting cycle, all of the financial statements are ready and new books for the next financial 12 months might be started.
With this feature, a call setup and name disconnect begin-cease” accounting report tracks the progress of the resource … Read More