Accounting articles for people who keep the books.
Practical guides on chart design, reconciliation, inventory costing, month-end close, access controls and migration. They explain general accounting practice in plain language.
Latest articles.
Written for small and growing finance teams. Where an article mentions a Fox Pro Accounting module, it links to the page that describes it.
- Accounting practice
How to Design a Chart of Accounts That Survives an Audit
How account structure and grouping decide whether your financial statements can be explained, traced and trusted later. - Accounting practice
Bank Reconciliation Without the Guesswork: A Step-by-Step Method
A repeatable method for agreeing your bank statement to your books, with a worked example and the mistakes to avoid. - Inventory
FIFO or Weighted Average: Choosing an Inventory Costing Method
How each costing method changes your stock value and margin, shown with the same purchases and the same sale. - Month-end
Closing a Period Properly: A Month-End Checklist for Finance Teams
The checks worth running before a period is locked, in an order that finds problems early. - Controls
Permission Design for a Small Finance Team: Roles, Approvals and Controls
Practical ways to divide work and limit access when the same few people do most of the finance tasks. - Getting started
Migrating Opening Balances From a Spreadsheet Without Losing a Weekend
A step-by-step plan for bringing opening balances into a new system, and the mistakes that cost the most time.
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A note on how to read these articles.
The articles describe general accounting practice, and the figures in worked examples are illustrative. Your accounting framework, auditor and local rules may require something different, so take advice from a qualified accountant before changing how you keep your books.
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