General Accounting Definition - What it is, Meaning and Concept

accounting is a science and a technique that provides useful information for the economic decision-making process.This discipline studies heritage and presents the results through of financial or accounting statements.

general accounting implies the analysis from different sectors of all the variables that affect this field.For this it is necessary to carry out a systematic and chronological of financial operations.

The general accounting of a company, therefore, implies the control of all its daily operations: purchase, sale, expenses, investments, etc.The accountant must record, analyze, classify and summarize these operations to turn them into a state or balance with truthful information.

There are different specialized phases that are part of the general accounting; Let's look at each of them in detail, below:

* that of costs is dedicated to classifying and collecting information on current and perspective costs;

* the prosecutor, on the other hand, is based on the tax legislation of each country.The accountant must be in charge of preparing the pertinent reports for the presentation of declarations before the Public Administration and for the payment of taxes;

* the financial one is the phase that focuses on the quantitative information of transactions and other economic events that are susceptible to quantification;

* the administrative one, finally, is linked to the preparation of internal reports.The information is analyzed by those responsible for the organization, who will make management decisions based on the data provided.The policies of a company are usually based in these administrative accounting reports.

Computer applications to keep accounting

Every business that seeks to function properly must rely on accounting.Fortunately, the Internet offers high quality tools for that purpose, and some of them are free; those that demand a monthly payment, on the other hand, are always cheaper than the salary of an accountant.They have been specially designed to assist those entrepreneurs who do not have the necessary resources, such as an accounting department, and allow them to keep a exhaustive control of your activities.

* SICO

One of the first features of this program is that it is fully translated into Spanish.It is an ideal tool to optimize the resources of a company, through a simple interface and Intuitive.Among the operations that allows to carry out are the following: record of purchases and sales, account plan, cash control, annual accounting closing, accounting reports.

* Saasu

It is a program that operates from the cloud, which avoids wasted time and problems related to downloads, installations and updates.More than 10,000 people from all over the world take advantage of this tool to manage their small or medium companies.Its interface is very easy to understand and can also be used from iPhone, ideal for when you are away from the computer or want to make inquiries with more privacy.In its free version, Saasu imposes a limit of 20 operations per month, between which are the management of invoices, customer data and the issuance of budgets and reports.The paid version has an initial price of 25 dollars a month.

* Kashoo

This application can be tested for 30 days and once this period is finished it is possible to acquire it for 9.95 dollars a month.Like Saasu, it should not be installed locally and is an ideal solution for autonomous entrepreneurs and small businesses.Typical software maintenance problems have certain advantages such as the option to create several users for the same account at no additional cost, to operate with different currencies simultaneously and to create and send invoices.