Books and Financial Transaction - Investment Banking Today

Single Entry System of Accounting

Razorpay

DECEMBER 16, 2024

Accounting is the process of recording all financial transactions of a business over its lifetime. So you will record the sale of 4 Loaves in your books. Deep dive into Single Entry Bookkeeping In single entry bookkeeping, you keep a cash book to log income and expenses. There are two major kinds of accounting.

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Accountant Financial Transaction Profitability Business

Double Entry System of Accounting – Meaning & Benefits

Razorpay

JUNE 5, 2023

The double-entry system is a method of bookkeeping that records financial transactions in two accounts. Simply put, the double entry system means that every financial transaction is recorded in at least two different accounts: one account is debited (money going out) and another account is credited (money coming in).

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What is Accounting?

Razorpay

JUNE 10, 2023

Accounting is the process of recording a business’s financial transactions. The objective of accounting is to prepare financial statements like the Balance Sheet, Cash Flow Statement and Income Statement which give detailed insights into the financial performance of a business. What is Accounting?

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What is the Accounting Cycle?

Peak Frameworks

AUGUST 15, 2023

Double-Entry Accounting System Every financial transaction has two sides - a debit and a credit. Detailed Breakdown of the Accounting Cycle The Accounting Cycle is a nine-step process that records, summarizes, and reports a company's financial transactions. Preparing Financial Statements. Closing the Books.

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Accountant Financial Statement Finance Finance

Explaining Bookkeeping in Plain English: What is Bookkeeping?

Peak Frameworks

MAY 23, 2023

Bookkeepers are the backbone of an organization's financial health, diligently tracking every financial transaction to ensure accuracy and transparency. They play a pivotal role in not just recording but also making sense of the company's financial data. Recording financial transactions.

Financial Transaction

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Building a Digital Empire: Michael Swigunski’s Journey from Digital Nomad to SaaS Entrepreneur

How2Exit

OCTOBER 21, 2024

He has published a bestselling book, "Global Career: How to Work Anywhere and Travel Forever," guiding readers on how to pivot from traditional office jobs to remote working and digital business creation. Michael is also the founder of Global Career, a platform that empowers individuals to live and work remotely.

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Book-building Business Acquisitions M&A

Corporate Accounting: Meaning, Importance & Explanation

Razorpay

JULY 25, 2023

Knowing how corporate accounting works and its role in facilitating the growth of a business is important because it plays a fundamental role in the smooth functioning of business financials. Corporate accounting refers to the process of recording a company’s financial transactions. What is Corporate Accounting?

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Accountant Corporation Financial Statement Business

Reconciliation Statement

Wall Street Mojo

JANUARY 16, 2024

It aims to nullify the difference in the same or next accounting period Accounting Period Accounting Period refers to the period in which all financial transactions are recorded and financial statements are prepared. read more to have parity in the books of accounts of both legal entities. How To Prepare?

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Highlights From the 2022 Berkeley Fall Forum on Corporate Governance

Cooley M&A

JANUARY 9, 2023

Discussions covered trends and lessons from financial transactions and corporate strategy in the volatile 2022 environment and insights into the year ahead. Panelists also observed a trend of increased books and records demands in M&A transactions in Delaware court.

Government

Government Corporation Book-building M&A

Single View on Payments across all PGs with Razorpay Optimizer

Razorpay

DECEMBER 5, 2023

This feature allows businesses to see all their transactions and settlement data on the Razorpay dashboard. It acts as a single source of truth for all financial transactions across payment gateways, providing complete visibility and speeding up decision-making. Book a demo! Have more questions about Optimizer?

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What is Payment Reconciliation & How Does it Work?

Razorpay

DECEMBER 20, 2023

Payment reconciliation is an accounting process that serves as the bridge between a company’s internal financial records and its bank statements. This reconciliation is essential because it validates account balances and ensures that the company’s financial records accurately reflect its financial transactions.

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Accounting Information System (AIS)

Wall Street Mojo

JANUARY 15, 2024

Article Link to be Hyperlinked For eg: Source: Accounting Information System (AIS) (wallstreetmojo.com) In simple words, it is a system to collect and store all information related to financial transactions and events so that they can be retrieved for decision making by the internal management, accounts, CFOs, auditors, etc.

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What is White Collar Crime: Types, Examples, Prevention and Detection

Peak Frameworks

SEPTEMBER 12, 2023

Executives used off-the-books partnerships and misleading accounting practices to artificially inflate Enron’s profits. Process and Stages of Money Laundering Placement: Introducing 'dirty' money into the financial system, often through fragmented deposits. One of the most infamous examples of this is the Enron scandal.

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Unified Payments Interface (UPI): Meaning and How it Works?

Razorpay

SEPTEMBER 22, 2023

Users can also transfer money by selecting receiver’s contact from their phone book or entering the receiver’s contact number. It can be used for over-the-counter (OTC) payments, allowing users to make quick transactions at physical stores by scanning QR codes or entering Virtual Payment Address (VPA).

IT

IT Accountant Bank Banking

Guide to Payment Methods, How to Accept with Pros and Cons

Razorpay

DECEMBER 20, 2023

Things to Consider While Selecting Payment Methods When selecting payment methods for financial transactions, consider factors such as security, convenience and cost-effectiveness. Assess the specific needs of your transaction to determine the most appropriate choice. Businesses should also stay aware of changing regulations.

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What are Payment Operations?: Importance, Challenges, and Best Practices

Razorpay

OCTOBER 3, 2024

This includes initiating and processing payments, fraud detection, compliance, handling disputes, resolving issues, managing international transactions, reconciliation, and accounting. It involves integrating various elements to ensure efficient and secure financial transactions.

Bank

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Statement of Cash Flow

Wall Street Mojo

JANUARY 17, 2024

A CFS records a firm’s all cash-based transactions during a particular accounting period Accounting Period Accounting Period refers to the period in which all financial transactions are recorded and financial statements are prepared. Since cash provides liquidity, it is decisive for the survival of a business.

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Accountant Finance Finance Profitability

Credit Note: Meaning, Types, & How Does It Work?

Razorpay

OCTOBER 10, 2024

Depending on the situation, the buyer may receive a refund, or the amount can be adjusted for future transactions. For sellers, this ensures their books remain accurate. It automates the entire workflow, from generating unique credit note numbers to keeping your financial records accurate and up to date.

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IT Accountant Management Business

Investment Banking Today

Single Entry System of Accounting

Double Entry System of Accounting – Meaning & Benefits

Trending Sources

What is Accounting?

What is the Accounting Cycle?

Explaining Bookkeeping in Plain English: What is Bookkeeping?

Building a Digital Empire: Michael Swigunski’s Journey from Digital Nomad to SaaS Entrepreneur

Corporate Accounting: Meaning, Importance & Explanation

Reconciliation Statement

Highlights From the 2022 Berkeley Fall Forum on Corporate Governance

Single View on Payments across all PGs with Razorpay Optimizer

What is Payment Reconciliation & How Does it Work?

Accounting Information System (AIS)

What is White Collar Crime: Types, Examples, Prevention and Detection

Unified Payments Interface (UPI): Meaning and How it Works?

Guide to Payment Methods, How to Accept with Pros and Cons

What are Payment Operations?: Importance, Challenges, and Best Practices

Statement of Cash Flow

Credit Note: Meaning, Types, & How Does It Work?

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