Different accounting systems are used in different type of business. Every business organisation is free to use the suitable accounting system for maintaining their books. Following are the category of accounting systems which are popular.
Following are the main category of Accounting Systems :
Following are the main category of Accounting Systems :
- 4–4–5 calendar
- Accounting reform
- Average cost method
- Bank reconciliation
- Bookkeeping
- Comparison of cash and accrual methods of accounting
- Constant purchasing power accounting
- Controlling account
- Convention of consistency
- Convergence of accounting standards
- Cookie jar accounting
- Counting house
- Creative accounting
- Centralised Accounting System
- Debits and credits
- Double-entry bookkeeping system
- Earnings quality
- Entity concept
- Equity method
- Human resource accounting
- Imprest system
- Indian Accounting Standards
- Inflation accounting
- Installment sales method
- Invoice processing
- Lean accounting
- Off-balance-sheet
- Waste book
- Widow's man
- Worksheet
