General Accounting

General Accounting mainly has to do with recording transactions and processing the recorded data. Within this section, we discuss several components and processes involved with the everyday processing of various general accounting functions.

Throughout this chapter you will learn about:

• Adding Bank Accounts
• Adding Expense Accounts
• Adding General Ledger Accounts
• Cash Purchases
• Cash Sales
• Bank Reconciliation
• The Trial Balance
• Recurring Transactions
• Duplicating Transactions
• Create Transactions for Many Accounts