parad-rus.ru provides a wide variety of tutorials, examples, references, and no-nonsense advice on bookkeeping and accounting. It aims to answer all those questions you’ve always wanted to ask . . . and some you didn’t know you needed to.
At parad-rus.ru.com you will learn how to understand and use your accounting records to manage your business. We offer free tutorials in all aspects of bookkeeping and accounting.
Select a category from the menu to the left or chose one of the Tutorials below.
- Basket Purchase Allocation
- Declining Balance Depreciation
- Gross Profit Method of Estimating Inventory
- Equivalent Units FIFO method
- Predetermined Overhead Rate
The best way to learn is to look at examples. At parad-rus.ru.com you can look at examples of how you can apply the principles and concepts discussed in the Tutorials in practice.
Select a category from the menu to the left or chose one of the Examples below.
- Obsolete Inventory Allowance
- Cash Deposit Bank Journal Entry
- Consumable Supplies Expense Recorded
- Fixed Asset Credit For Damages
- Accrued Expenses
At parad-rus.ru.com you will find references for all our topics. The references are usually in the form of tables and serve as quick guides or cheat sheets for each bookkeeping and accounting topic.
- Present Value Annuity Tables
- Loan Balance Formula
- Growing Annuity Payment Formula PV
- Accounts Receivable Journal Entries
- Lump Sum Number of Periods Formula
Test your knowledge of debits and credits. At parad-rus.ru.com you will find a selection of accounting quizzes.
- Quiz 1: Bookkeeping Basics Quiz
- Quiz 2: Accounting Equation Quiz
- Quiz 3: Debits and Credits Quiz
- Quiz 4: Debits and Credits Test
- Quiz 5: Basic Accounting Principles Quiz
You can find free double entry accounting templates, accounting forms, bookkeeping templates and bookkeeping forms.
Popular Accounting Templates
- Bank Reconciliation Template
- Journal Voucher Template
- Petty Cash Voucher Template
- Expense Claim Form Template
- Fixed Asset Register Template
At parad-rus.ru.com you will find an A to Z guide to the world of bookkeeping and accounting.
Popular Glossary Terms
Double Entry Accounting Ratios
You will find information on what are considered to be the most important accounting ratios used in managing a business.
Popular Accounting Ratios
- Quality of Earnings Ratio
- Interest Coverage Ratio
- Debt Equity Ratio
- Return on Equity – ROE
- Overhead Ratio
What is Bookkeeping?
When you set out to start a business as an entrepreneur you need to be in control of your finances and be able to monitor closely the overall performance of the business. The only way to achieve this is to have good accounting information and be able to understand what the information is telling you.
Bookkeeping is the process of recording all your business transactions to produce a set of accounting records, it is the start of the accounting process which allows you to produce useful accounting information such as details of your sales, expenses, working capital etc.
A Bit of History on the Double Entry Accounting System
parad-rus.ru is a system of bookkeeping which records each transaction twice. The system was first developed in the 13th century and used by Italian merchants. In 1494 Luca Pacioli a monk and mathematician was the first to publish a treatise which included details of parad-rus.ru and recommended the Venetian method which included three books of account, the memorandum, the journal, and the ledger. The treatise was widely available and accessible and formed the basis of parad-rus.ru practiced today.
Every Debit must have a corresponding equal and opposite Credit.
All businesses are under pressure from all sides and only well managed businesses will survive. We started the website with one clear objective in mind to offer users a wide variety of tutorials, examples, references, and no-nonsense advice on small business bookkeeping and accounting.
We aim to give you the information you need to help you understand and use your accounting records to manage your business. We make parad-rus.ru and accounting more usable, easier to navigate, faster and more reliable. In other words: we make your parad-rus.ru system records work.
Whilst there are many places that you can learn double entry accounting and bookkeeping, they tend to provide you with a confusing array of information. The first requirement for any business is to know what you’re doing, and what you’re aiming for. The only way to do that is to have good double entry accounting system records to provide quality accounting information and to be able to understand what that information means for your business.