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  2. Basis of accounting - Wikipedia

    en.wikipedia.org/wiki/Basis_of_accounting

    In accounting, a basis of accounting is a method used to define, recognise, and report financial transactions. [1] The two primary bases of accounting are the cash basis of accounting, or cash accounting, method and the accrual accounting method. A third method, the modified cash basis, combines elements of both accrual and cash accounting.

  3. Accounting information system - Wikipedia

    en.wikipedia.org/wiki/Accounting_information_system

    An accounting information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources. The resulting financial reports can ...

  4. SAP ERP - Wikipedia

    en.wikipedia.org/wiki/SAP_ERP

    An ERP was built based on the former SAP R/3 software. SAP R/3, which was officially launched on 6 July 1992, consisted of various applications on top of SAP Basis, SAP's set of middleware programs and tools. All applications were built on top of the SAP Web Application Server. Extension sets were used to deliver new features and keep the core ...

  5. How to Use Accounting Software to Generate Accurate and ...

    www.aol.com/accounting-software-generate...

    Accounting software simplifies financial reporting. It validates data and applies accounting rules and principles. Moreover, scheduled reports keep stakeholders, investors, and leaders informed.

  6. Outline of accounting - Wikipedia

    en.wikipedia.org/wiki/Outline_of_accounting

    Cash and accrual basis – The two primary accounting methods of the cash basis and the accruals basis (the difference being primarily one of timing) are used in three environments: in economics, to calculate US public debt, [1] in financial reporting, as well in tax environment, in order to calculate taxable income for U.S. federal income ...

  7. AI startup Basis raises $34 million for accounting automation ...

    www.aol.com/news/ai-startup-basis-raises-34...

    Artificial intelligence startup Basis has raised $34 million in a Series A funding round for its AI-powered accounting automation product, the company said on Tuesday. The round was led by Khosla ...

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