All Courses Basic Accounting
Accounting Masters
General Ledger
Financial Statements
Basic Accounting
Whether you manage your finances in-house, outsource to an accountant, or handle it yourself, financial Accounting is a critical component of any business management system, such as an ERP system.
Instructors:
Chermaine
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18 Lessons

Start learning Accounting in Parsimony now and discover the basics that will set you on the path to financial success!

Course Content
The Accounting Master module in Parsimony allows for centralized management of all accounting settings and configurations. Start to learn how to set up and manage Finance books and more!
1.1 Company
1.2 Chart of Accounts
1.3 Account Settings
1.4 Fiscal Year
1.5 Accounting Dimension
1.6 Finance Book
1.7 Accounting Period
1.8 Payment Term
The General Ledger is a detailed report for all transactions posted to each account and for every transaction there is a Credit and Debit account so it lists them all up.
2.1 Journal Entry
2.2 Journal Entry Template
2.3 General Ledger
2.4 Customer Ledger Summary
2.5 Supplier Ledger Summary
Financial statements are written records that convey the business activities and the financial performance of a company.
3.1 Trial Balance
3.2 Profit and Loss Statement
3.3 Balance Sheet
3.4 Cash Flow Statement
3.5 Consolidated Financial Statement
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