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Updated on November 13, 2025
April 11, 2020
2 minutes

Bank Reconciliation

Generally, every organisation operates its finances with at least one bank account. An organisation can have one or more bank accounts operating on multiple currencies. An organisation makes daily, weekly or monthly deposits depending on the nature of the business.…

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January 14, 2020
1 minute

Fixed Assets (Equipment)

Assets are also known as fixed or capital assets and typically refer to an organisation’s valuable resources and equipment. These items have long-term business use and enable their owner to produce goods or perform services. Assets are tracked as unique…

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