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A good rule of thumb when paring wine and food it that
Explanation Column
A column in accounting ledgers or financial reports where details are provided to explain the nature or reason for a transaction.
Computerized Accounting System
A software-based method that provides automatic bookkeeping and accounting for business transactions, improving accuracy and efficiency over manual methods.
Chart of Accounts
A listing of all the accounts in a general ledger that a business uses to code each of its transactions based on the nature of the expense, asset, liability, etc.
General Ledger
A comprehensive accounting record of all transactions of a business, summarizing all accounts and transactions in one place.
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