Sometimes we need to copy the data from access db to sql server. For transferring data we can use openrowset command.
For using openrowset you need the Ad Hoc Distributed Queries component turned on.
But, by default this component is being turned off for the security of server. But you can turn it on for using the openrowset command.
Today we are going to learn about double entry system of accounting which means debit and credit.
This is the toughest part of accounting.
But, if you are confident about the earlier part of this series then this part is not so difficult.
Now, we all know about the accounting equation, that is..
Thanks for waiting for the finest part of accounting. Today we will see how transactions are stored for basic accounting. In the first part of this series we know that accounting basically lays on equation.. ↑ Asset = ↑ Equity + ↑ Liabilities That means if equity and liabilities goes up then the asset must goes up.
A Transaction can be defined as an exchange of goods or services between two parties.
Now we show the step by step business accounting…
One man starts his business with 15,000$.
So, the equation is..
Asset(15,000$) = Equity(15,000$) + Liabilities(0$) a. Bank(15,000$)
Today we are going to discuss about a different subject that is accounting which is necessary to know for developing an Accounting software, Point of sale, ERP, Banking solution etc.
I divide this tutorial into some series for clearly understanding the accounting.