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PDF: Gemstone Accounting User Manual

Download 53 times Source: www.ninthavenue.com.au // Topic: OpenOffice File Size: 252.93 kb // Total of Page: 9 Page(s) Last download by bihaappy Last download on: 1 week ago Share this info: Sample of page (click to enlarge) Short Desciption: With some familiarity of OpenOffice 2.0.1 and a. sound understanding of the accounting principles explained in part I, you should find Gemstone a ... Content Inside: p: f: e: w: m: +61 7 3870 8494 +61 7 3870 8491 info@ninthavenue.com.au http://www.ninthavenue.com.au PO Box 4179 St Lucia South 4067 Gemstone Accounting User Manual 0.4.0 (prototype) Table of Contents Part I. Accounting Principles.2 What is Accounting?2 The Accounting Equation.2 Double-Entry Accounting.2 Types of accounts.3 Multicurrency Accounting3 Unrealized gains4 Reports5 Part II. Using the Software.6 Configuring the Default Currency6 Using the General Ledger.6 Using the Accounts Journal.6 Currencies, Commodities and Conversion Rates..7 Creating Reports7 Protecting Your Data..8 Keeping your data consistent..8 ACN 108 087 930 ABN 31 108 087 930 Part I. Accounting Principles What is Accounting? Accounting, put simply, is the practise of recording financial transactions. The primary purpose of accounting is to help us make meaningful judgments and informed decisions with respect to our finances. The Accounting Equation Accounting data is only ever correct if it is recorded accurately and balances according to the accounting equation: Assets = Liabilities + Equity Most of us are familiar with assets, defined