On Sat, Mar 14, 2015 at 2:53 PM, Kev Lau <[email protected]>
wrote:

> Hi Rick,
> Yes. It seems like its all about structure and arithmetic (addition and
> subtraction).
> Key terminology and appropraite categorization is very important . This is
> where I am probably struggling the most.
>
> I need to mostly keep track of these accounts (A = L + E),
>

Actually under the Ledger model, A + L + E = 0
and
A + L + E + I + X = 0





BusinessName:Assets:
> BusinessName:Liabilities
> BusinessName:Equity
> BusinessName:Expenses
>
> Suppliers:
> Freight Forwarder:
> Customer:
>
> Youtube offers some helpful tutorials too.
>
> Thanks Rick!
>
>
>
>
> On Saturday, March 14, 2015 at 6:41:34 PM UTC+8, Rick F wrote:
>>
>> I actually have had some high level accounting classes. Nothing too in
>> depth. I can pretty much sum up all I learned in a handful of equations.
>> It's not tough.  Accountants really only like to add. They'll multiply or
>> subtract, but only if they have to.
>>
>> There are some good sites on the Internet that cover the basics. I'm not
>> going to list any because I haven't used any of them, but they're easy
>> enough to find on Google. If you don't like self study, I've seen courses
>> offered through Groupon for pretty cheap. Can't vouch for them either,
>> though, as I haven't taken them myself.
>>
>> Rick
>
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