What a lot of people don't know about the warehouse management term, and the warehouse term is related to, for them, is that place that contains many items……

There is an eloquent wisdom that says, "All that is undocumented does not exist" we may find out how validity this wisdom is in our lives, without the graffiti on the walls, man would not have known the history…

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…

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 ………….

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 …

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 ……

Auditing accounts payable is very important because it is related to the payments, and therefore the transaction of the treasury or the bank is also linked to the company's warehouses, both raw materials warehouses and supplies, and also linked to the value-added tax (VAT) and the withholding tax ……

  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

It is the return that the company must achieve to meet the required rate of return by the company's shareholders, taking into account that there are liabilities to the other parties ……

There are financial rats for the customer account system such as the customer turnover rate, the average collection period, and these ratios have a role in that through which the performance of clients is evaluated

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 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…

The foundation for companies success depends primarily on the efficiency of their the purchasing department and warehouse, the foundation for company business is profitability, and this profitability is not achieved without attention to purchasing and warehouse operations, there is also a close correlation between the purchasing department and warehouse…

Some argue that there is no difference between the terms “inventory management” and “warehouse management” as most companies in the Arab world do not give the warehouse the importance it deserves ………….

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,

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

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 ?

Today, I will answer a very important question that many accountants ask what the steps for creating an accounting system are ? Or how do I build an accounting system properly?

The documentary cycle is the first stage of the accounting cycle and it represents the vessels in which the document has traveled since its issuance, passing through all service centers or cost centers that affect it and are affected by it.

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

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

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"

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

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

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?

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"

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

What is meant by the documentary cycle of sales? What are its stages?

Is the sales documentary cycle different according to the size of the company? In other word, does the sales cycle differ in large companies from small companies?

What does a letter of guarantee mean?  What is its importance in contracting accounting? What are the types of letters of guarantee in accounting for contracting companies?

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 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?

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 ?

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 ......

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

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 . 

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

In contracting accounting, as we mentioned before. Knowledge of government or private processes or abstracts is through direct order or tenders. In all cases

 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

The accounting cycle is one of the most important financial accounting sciences that has emerged at the present time as a result of the rapid development of financial information and financial performance technology

What is balance sheet (budget)

Budgeting means planning for the future in order for the company to reach the goals it wants to achieve

Provision for doubtful debts or depreciation of customers, which will be included in most financial statements

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 ?

Disclosures of allocations , liabilities and potential assets  in the financial position , There must be disclosures of the allocations in the financial position . Allocations are included in the liabilities according to their types . The short term liability will be adjusted in a year , but the long term liabilities are adjusted in more than one year . They are listed in the income statement and  in the cash flow statement as explained before .

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 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 .

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?

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

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. 

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.

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

What are the most important accounts that I can use in managing real estate investment activity, and does the use of real estate investment accounting software affect the form of accounts?

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.

Production orders system as one of the costing systems followed in manufacturing activities, What is the production orders system? How do I link the production orders system as one of the cost systems with the financial accounting system

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

Procurement cycles are all stages of the procurement process, starting from the need for competent departments and even the supply of goods received from suppliers.

What are the stages of the procurement cycle?

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

The most important branches of financial accounting in most accounting programs, how to determine the price of the product, the efficiency of production lines, the strength of the commodity and its compatibility with the forces of supply and demand