I would like to welcome you to the Accounting Methods Explained Newsletter at Bellaonline. I am the Accounting site editor and I invite you to sign up for this weekly newsletter in which I shall explain all about accounting and the important role that it plays in any business.

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Proper book-keeping is important in all businesses whether big or small. Proper records generate useful information which forms the key ingredient for success.

In my articles, I shall give information and tips on subjects such as (to name a few) Working Capital - how it brings about the business growth or failure and how to manage cashflows and avoid deficits.

Simplified Accounts for Non Finance Managers – A manager with some knowledge of accounts has an edge over others without it since he is able to communicate better with his staff and is able to understand financial terms and statements.

Letters of Credit – a secured method of payment but one that needs understanding on how to execute it.

Explain Financial statements such as year-end Balance Sheet and Statement of Cash Flows from Business Activities.

How to Prepare Budgets - another important tool which helps the business measure the attaining of its goals.

Depreciation Expense calculation for preparing conservative and realistic income statements and create reserve for the purchase of new assets. Explain what a Contra Account is etc.

My newsletter will inform you of these and other topics of interest when they are featured on my site….I look forward to hearing from you my good readers.