Balance sheet is a statement prepared with a view to measure the exact financial position of your business on a certain date. It is prepared from the trial balance after all the balances of the accounts with type income or expenditure are transferred to trading and profit and loss account and the corresponding accounts are closed in the ledger. The remaining accounts left in the trial balance are of type asset or Liability.
The balance sheet has two sides. The left hand side is liabilities side and contains credit balances of all real and personal accounts. The right hand side is the asset side and contains the debit balances of real and personal accounts. When real and personal accounts are placed on the opposite sides of the balance sheet according to the nature of balances, the asset side should be equal to liabilities side.
Accounting Software for Industry - Click to find complete details
Business Management and Accounting Software for Industry, Manufacturing Units. Modules : Customers, Suppliers, Inventory Control, Sales, Purchase, Accounts & Utilities. Free Trial Download.
Inventory Management and Production Planning and Scheduling Open Source Software License Software for Diamond Industry Open Source Cloud Computing Tools Custom CRM Development HiTech CNG Station Software Open Source
HiTech Places Heavy Emphasis on Our Software Solutions for the Service Industry, Creating a it Infrastructure and Professional Services Field Service Management
HiTech Manufacturing ERP Software Helps You to Boost Revenue, Improved Solution Provides Fully Integrated ERP Software for Manufacturing Industry in India Explore Our Business Management Solutions for Small and Medium-sized Business
Industry Analysis, Tools & Reports, Payroll, Point of Sale, Fixed Asset. Accounting Research, Property Mgt. VAT Software with Invoicing and CRM.
Open Source Explainer Video Software Internet Software and Services Industry Enterprise CRM Software Cheap Android App Development Modbus Software Open Source Customer Relationship Management Web Based Computer Software Development
HiTech Lead Management Software Maximizes Your Sales Opportunities it Helps Small and Medium Enterprises to Do Follow-up Marketing Efficiently
Off-the-shelf software solutions for various segments like Business, Trading, Industry, Hotel, Hospital, Medical Store, Petrol Pump, Automobile dealer, Newspaper, Commodity Broker & VAT Accounting. Customization available at nominal additional cost.
ERP Accounting, Billing, Inventory Control Software
International VAT Enabled with VAT Input and VAT Output with VAT Codes ready for use in 140+ countries with Value Added Tax. Also available for Indian GST (Goods and Service Tax), SGST & CGST with HSN codes for Products and Input Credit Tax for Purchases. Customization available at nominal additional cost.