Читать книгу QuickBooks 2022 All-in-One For Dummies - Nelson Stephen L., Stephen L. Nelson - Страница 87

Now take a brief look at what accounting systems, or at least small-business accounting systems, typically do:

 Produce financial statements, including income statements, balance sheets, and other accounting reports

 Generate business forms, including checks, paychecks, invoices, customer statements, and so forth

 Keep detailed records of key accounts, including cash, accounts receivable (amounts that customers owe a firm), accounts payable (amounts that a firm owes its vendors), inventory items, fixed assets, and so on

 Perform specialized information management functionsIn the publishing industry, for example, book publishers often pay authors royalties. So royalty accounting is a task that book publishers’ accounting systems typically must do.