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If you’re wondering which one to use, consider this:

💡 Credit memos are perfect when your customers plan to use the credit later. It’s like an IOU for future purchases.

💰 Refund receipts are ideal when your customers want their cash back right away. It provides instant refunds.

**You will use different features based on the version of QB you are using (Desktop vs Online)

Save this to reference the next time you're in the office! 👩🏻‍💻

#Bookeeping #finance # accounting

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If you’re wondering which one to use, consider this: 💡 Credit memos are perfect when your customers plan to use the credit later. It’s like an IOU for future purchases. 💰 Refund receipts are ideal when your customers want their cash back right away. It provides instant refunds. **You will use different features based on the version of QB you are using (Desktop vs Online) Save this to reference the next time you're in the office! 👩🏻‍💻 #Bookeeping #finance #accounting
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Debits and credits form the backbone of accounting. ✅ Debits usually increase assets and expenses. ✅ Credits usually increase liabilities and equity. If you can master this, you can understand the entire accounting system. Save this post for quick reference when making journal entries!
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Accounting is of course, a very complex topic which is why people spend years studying to become a qualified accountant but here's a little overview of the basics 📈
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Learn the most important accounting journal entries with Ready Accountant’s guide to the 15 Essential Journal Entries in Accounting. Understand key transactions like cash purchase, credit sales, rent paid, salary paid, and more. Perfect for students and beginners who want to master accounting basics and practical journal entry examples.
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Are you an aspiring accountant wondering where to start? Here are a few must-have skills to help you succeed in your accounting career. At Almis Academy, a reputed accounting course provider in Kannur, Kerala, we’ve helped thousands of students build their dream careers through our hands-on, on-the-job training programs. We provide training in Tally, SAP, GST, various accounting and finance courses.

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