TallyPrime Accounting

 , journal entries are the initial step in recording financial transactions. A journal entry involves debiting one or more accounts and crediting one or more accounts in accordance with the golden rules of accounting. These rules ensure that each transaction is recorded correctly and the accounting equation remains balanced.   1. Golden Rules of […]

A business transaction refers to any activity that involves the financial exchange of money or goods between two or more parties.  It can involve the exchange of goods, services, or money. A business transaction is “The movement of money and money’s worth form one person to another”. Or exchange of values between two parties is