A sales budget is the primary budget, the most basic component of any operating budget, and the cornerstone of the budgeting process, and if it is prepared accurately, the rest of the budgets will be a high degree of accuracy

At first, must be differentiate in the chart of accounts in liabilities between suppliers and creditors, meaning that the supplier is the person who supplies the materials that enter the company’s warehouse…

When companies or individuals have surplus funds over their needs and instead of holding this cash without any financial return, companies…

The sales and purchases  process represent a large part of the company's activities, as no company does not sell and purchase regardless its business (commercial- industrial- agricultural- service....)

Inventory represents a large part of the company’s assets, and the company's success depends on its ability to manage its inventory, given the critical importance of the inventory for the company

The following we will review AccFlex ERP treasury & banking software cycle, through reviewing the screens of the petty cash and bank transactions, whether by Notes Receivable and Notes Payable or by Bank Transfers....

Financial transactions are the focus of the corporate activity, and there is no activity without being linked to a financial transaction, whether from the treasury or the bank, which are the base of accounting work,

Payment certificates are considered one of the most important characteristics of the construction activity, what are the payment certificates? The payment certificates can be described as a statement of the work has been completed...... 

The construction sector is one of the most important and fastest-growing sectors in Egypt and the world, as it invests in it billions of dollars annually, due to its association with many other sectors such as heavy industry... 

Restaurant activity is one of the fastest-growing activities, and what distinguishes the restaurant activity is that it does not need large capital compared to other activities, and the capital turnover ratio is quick... 

One of the most important advantages of ICafe AccFlex ERP solution is its customization and organization, the software makes restaurant management easier, as there is a menu of all screens that the cashier needs..

given the world is witnessing of technological revolution and using the computer in all areas including sales, the proliferation of point-of-sale systems is becoming very rapid, and there is no field today except concerning the point of sale systems

Through the Transactions Menu screens, the corporate financial transactions can be managed, all the journals can be reviewed as well as post them, create visa and point of sale and link all these data... 

AccFlex ERP Real Estate Marketing Software is designed to provide all the real estate marketing companies need of reservation and contract management, creating and printing preliminary..

Human resources are the most important assets of an organization, as the human efficiency has an effective and significant role in the success of companies and their growth and leadership of the market environment

After entering the basic data of the company and defining the software to work policies through the General Settings menu, it comes to knowing the role of the work of the Human Resources menu

The growth in programming industry specially in accounting programs , has made many companies to buy these programs to meet their needs in business

To know the answer to this question , we have to know the components of ERP system . It is an electronic system for companies that uses computers to administrate and develop

Accounting programs are indispensable in any company whatever its size is  . This is because of what they present of electronic systems

What are the joint products? First of all, let us agree that your role as a professional cost accountant in the company allows you to know every small and large thing about the activity of your company

What is the service class? The service category is the intangible product "service" and there is no actual quantity in the store, but we sell it and it gives us the revenue, which is often linked to another tangible product .

The wage of workers is one of the most important factors involved in the cost of the product and has a great influence in determining the prices of the products

What are the accounts that I am supposed to have in order to be able to properly guide of wages  entry in an accounting manner?

What is the correct accounting guidance for the wages component or what is the accounting wages entry to prove the wages expense?

Items directory or item tree, which is the second stage of the formation of an integrated warehouse system after establishing and coding the main and subsidiary stores.

How is the revenue recognized in accounting for construction companies? What are the daily entries applied to financial operations in contracting accounting?

Accounting in real estate investment companies and its application in the real estate investment companies accounting program , What are the most important cost items that can cost us as a real estate investment company?

If you search for the best accounting software for construction companies and real estate investment Construction ERP Software

In principle, we must know an important point that allocations are specific to liabilities, whether they are related to short-term or long-term liabilities, but ......

Expenses play an important role in determining the profitability of the establishment . Accounting management states a record or an accounting software

Today we will see a type of financial accounting, which is custody, It is in most or all companies and it is in the accounting guide as part of other debit balances, meaning within the current assets

  Since accounting software has become a necessity not a luxury with modern technology in manufacturing and machinery that depend on artificial intelligence and computing systems

Reviewing the cash and credit sales documents cycle and ensure that it matches the company's policy,Tracking the cash sales and cash sales at Branch …

The company's inventory carrying costs vary from company to company of each type of inventory and is based on the nature of the raw material if the inventory is raw materials or a finished product ……

In the beginning, any project needs funding to purchase the equipment and machinery, build a factory, purchase the raw materials, cover the operating expenses, etc. in the present day, there are many sources of finance....

The appropriate choice of the accounting software is the most important step to ensure the success of the accounting software, choosing an accounting software ........ 

The accounting cycle is the mechanism where the stages of accounting flow and direction are executed

The ready-mix concrete activity is classified as one of the most growing activities currently, as it is linked fully to the construction sector, as construction projects expanded in Egypt and the Arab world significantly ....

Accounts tree (chart of accounts) if you like to control the work of the financial management of any company, the first thing you need to see is the chart of accounts.If you are working on an accounts program,

Productivity stage system is the suitable system in case the product that passes through the stages of production or different stages or sections, such as factories that produce notebooks

The cycle of incoming checks and its accounting treatment: The check is a commercial paper "receipt paper" and it replaces cash as a means of clearing debts "debt clearance"

Egyptian criterionNo. 31modifited in 2015, and International criterion No. 36 .A very important criterion used very widely in our practice life ,The asset impairment criterion can not be apply to some other assets

Let us agree at the outset that whatever the cost accounting system you follow and whatever type of product you produce, the cost of the product you own will not consist of more than 3 elements, which are direct materials, direct wages and other industrial costs.

Who is the subcontractor ? The subcontractor is the person who is authorized by the construction company to accomplish work on its projects for a certain contractual sum. 

We will talk to you in detail about the implementation of the production orders system in hospitals and medical complexes Hospital activity is a service and accounting activity that mainly involves two parts

Directory of cost centers. What are the cost centers? It will vary from company to another or from one activity to another?

The costs of the executed works and their application in the real estate investment companies accounting program, Through our article today, we will talk about a very important topic in a series of articles explaining in detail

What are the accounting entries to prove the cycle of real estate investment and how can it apply to the program accounting and management of real estate investment companies Real Estate Software ?

This article presents an application and practical workshop for the accounting system and stages of contracting companies

To complete the list of cash flows; as we took in the previous episode of the list of cash flows,we will now talk in this episode in more detail. Let's start with the indirect method

Bank reconciliations one of the most important matters that must be done at the end of each month, also, a bank accountant must daily review the book balances of bank accounts

Real estate marketing is considered one of the most developed areas in the recent period; many companies that work in the field of real estate marketing, both by managing property owned by them or by managing.. 

The plastics industry is considered one of the most important industries that have gained significant  importance in the recent period

Factoring companies are companies that buy debts from their owners and collect them in exchange for a percentage. In other words, companies need cash to meet their operational needs ………….

The daily expenses of companies represent most of their financial transactions, not a day is free of tens but.....

Accounting software is becoming a must in our companies, and a company cannot manage its business without accounting software because these applications are easy and.....

The apparel industry is classified as one of the most important industries that meet the needs of large customer segmentation. Clothing is one of the most important needs of humans after food and drink. Hence..

The treasury accountant, bank accountant and cash management according to the size and activity of the company are considered one of the most important roles in any finance department in companies because they are responsible for cash balances……

With the increasing numbers of companies, the role of financial accounting in providing financial and accounting information is no longer sufficient to manage the functions of control

The companies always seek continuity and presence in the business market, as the business market is characterized by intense competition and a permanent increase in the numbers of companies, companies had to build a strong system of costs ....

After purchasing the fixed asset and works well, then we need maintenance and spare parts in order to be able to maintain its efficiency to live for long period, These expenses that we pay are called in the accounting" the subsequent costs of acquiring the fixed assets"

Construction companies represent a large segment of companies working in the market, whether in Egypt or the Arab world, as a result of the urban sprawl in the new cities, there are thousands of construction companies ……

Accounting journal entries are considered as an organizational way to record all financial transactions of a particular activity; in the construction activity, all of its financial transactions are expressed by recording the journal entries for all stages of the project …

Cost accounting is one of the branches of accounting that aims to record and classifying cost data to provide information on project costs to assist management in planning, control, and decision making……

The essential idea when evaluating credit policy is to differentiate between the excess return as a result of increased credit and the incremental cost that result of increasing credit, the excess return is incremental sales* gross profit percentage…

Accounts payable accountant or accounts payable management if the company’s volume of transactions is large, is one of the most important roles in finance department because it is associated with inventory control which is the backbone of cost accounting ……

Cash flow statement is one of the financial statements prepared by the company for each financial period

The pharmaceutical industry is one of the major strategic industries on which the national economy depends in many countries, as the pharmaceutical industry is defined as a specialized chemical process that aims to produce compounds ... 

Tourism is one of the most important national income sources for many countries because it provides foreign currency for the country that is most attractive to tourists. In 2019, the number of tourists worldwide reached 1.5 billion,

What are the stages of ACCFLEX production Software ? To what extent can you obtain an accurate cost of end productions including all costs through using Accflex production software ?

Construction accounting is a branch of financial accounting that is indispensable for construction companies in Egypt and The Middle East .It is the most important at the present because of the domination of this sector on the economic system of the company . It is carried out through either direct or indirect contracts .

This is the uncovered part of the guarantee letter , that is as a company you presented a letter of guarantee from another company and you have facilities of a bank guarantee letter for example with the value of one million pounds . 

In the previous article we explained the decline standard of assets value and discussed all the included concepts . Now we will give examples of asset decline .

How can you present an accurate tax return if you work on  installment sales ? What is the allowed period to form a tax bill after supplying goods ? How to make an adjustment in your tax return if the client refused to pay an  accrued installment which tax has  already been  paid ?

Is depreciation a source of cash ? The answer is : yes , depreciation is considered a source of cash . Depreciation is considered an expense , so how ?

What are the advantages of the accounting program for ready-mixed concrete and blocks station?

What are the advantages of the accounting program for ready-mixed concrete and blocks station?

Methods of coding items and their application to warehouse management program Meaning of coding varieties? What is the importance of coding items?

What is the accounting treatment for the manufacturing cycle in the ready-mixed concrete activity and how can it be applied in the ready-mixed concrete station management program?

Whether the manufacturing system is based on the production orders system, or the production stages system, we will find that the production activity in general, and whether your job is a manual or a manufacturing accounting program

 Standard for changes in exchange rates (currency valuation differences) Egyptian Standard No. 13 and International Standard No. 21

Before starting our topic, we must know some specific concepts related to the topic