End Your Search here with Starter CFO we are amongst the top accounting outsourcing companies in Delhi and accounting company in Delhi. We have expertise in small business accounting apart from SMEs & Startups. Moreover, We have exceptional accounting online system and are renown for bookkeeping services in Delhi.Virtual accounting or online accounting system is a system in which a qualified professional provides bookkeeping and accounting services virtually, rather than physically working at the client’s office. Virtual accountants play a crucial role in managing your books of accounts. Their ultimate goal is to provide you accurate and reliable services at a cost effective price.
For entrepreneurs with little bookkeeping or accounting experience, it's not easy to distinguish between the two.Some people think accounting and bookkeeping mean the same thing, but it's a process, and one leads to the other.
First, the car chassis is assembled (bookkeeping), then the rest of the car follows (accounting).
Transactions include purchases and payments, sales, and receipts, by a person or a partnership.
Accounting, which has been called the "language of business," produces a "snapshot" of economic activities and delivers this information to management, creditors, investors, and regulators.
Financial accounting focuses on reporting financial information, including the preparation of financial statements.
Management accounting focuses on the analysis and measurement of information for internal use by management.Even though accounting has existed in various forms and levels of sophistication throughout many human societies, the double-entry accounting system in use today was developed in medieval Europe, particularly in Venice, and is usually attributed to the Italian mathematician Franciscan friar Luca Pacioli.
