Best Invoice Software

If you are owner of a shop, so that, you asked many times what is the best invoice software for my shop?. The term “Best” could point to many parameter. and also it varies from user to user. Maybe one user of an accounting software doesn’t like other accounting software but second user loves it […]

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e Business

Nowadays, to find a product or service and order it (like a smartphone, a new car or second hand car, to rent a home, or anything else…), e business is the the first selected method. Anybody first of all, checks online shops, web stores and blogs to find the best item. time is one the valuable investment […]

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iGreen Accounting, Version 2.0.0.0

We are working hard to preparing version 2.0.0.0 of iGreen accounting as soon as possible. in this version we have added invoice form for the first time in iGreen accounting. we are thinking to design it as easy as you enter your invoice very fast and easy without need to know accounting techniques. Download iGreen […]

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Cash Book Format

We are listening many times terms like “cash” and “money” in any business and shops. because all trading transactions are on cash flow and it is the base of any business with format of in bank or in hand. So that, a successful business should keep its cash transactions very clear with true format in […]

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Online Stores Disadvantages

Creating a website and register a company for online sales of items and products will be easy but responsibility of this business is not easy as it looks at the first time. main goal of an online store is not establishing it and reach customers between competitors, the final goal is offer services and products […]

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Profit Statement in iGreen Accounting

In any business owner and manager it is very important to have exact report of profit and loss statement. but calculating profit statement is not easy process. actually profit and loss statement is a sub statement of income statement in every company Methods of Profit Statement There many methods to get profit statement report but […]

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BROTHER SEWING MACHINE

INNOV IS 15P INNOV IS 15P SPECIFICATIONS 16 stitches 3 Automatic button holes Automatic needle threading LED sewing light Monochrome LCD display JOG dial F.A.S.T. bobbin winding system 1 year warranty PRICE IN DUBAI: 799 AED BROTHER FS155 BROTHER FS155 SPECIFICATIONS 100 built-in utility and decorative stitches 55 characters stitches One-step button hole Automatic needle threading […]

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INTERNATIONAL ACCOUNTING STANDARDS

IFRS Standards IFRS1: First-time adoption of international financial reporting standards IFRS2: Share-based payment IFRS3: Business combinations IFRS4: lnsurance contracts IFRS5: Non-current assets held for sale and discontinued operations IFRS6: Exploration and production assets for energy and utilities IFRS7: Financial instruments: disclosures IAS Standards IAS1: Presentation of financial statements IAS2: lnventories IAS7: Cash flow statements IAS8: […]

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UK ACCOUNTING STANDARDS

Standard Accounting Practice Standards issued up to 1 August 1990 are known as Statements of Standard Accounting Practice (SSAP). SSAP4: The accounting treatment of government grants SSAP5: Accounting for value added tax SSAP9: Stocks and long-term contracts SSAP13: Accounting for research and development SSAP17: Accounting for post-balance sheet events SSAP19: Accounting for investment properties SSAP20: […]

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Accounting software for jewellery shop

Jewellery shops (Jewelry) have big amount of trading in money and small amount of item size !. any small mistake in amount of product could have bad results and loss in shops.  Accounting software for jewellery You can use iGreen accounting software for your jewellery shops for free. Lite version of iGreen accounting is free […]

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Types of accounting software

There are many types of accounting software over the world and daily many software companies are working to create more and more accounting software. so that, to select a true software for your business, shop or company, it is better to have look on a categorized list of accounting software. we can categorize software based […]

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Creating a Company File

A company file is where you store your company’s financial records in QuickBooks, so it’s the first thing you need to work on in the program. You can create a company file from scratch or convert records that you previously kept in a different small-business accounting program, Quicken, or even another edition of QuickBooks like […]

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What’s New in QuickBooks 2015

Despite the fluctuating size of the tax code, accounting and bookkeeping practices don’t change much each year. The changes in QuickBooks 2015 are mostly small tweaks and subtle improvements, but some of them might be just what you’ve been waiting for: Insights tab in the Home window In previous versions of QuickBooks, the Home window […]

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Direct costs Vs indirect costs

Sometimes, direct costs are treated as indirect because tracing costs directly to the cost object is not cost effective. For example, the nails used to manufacture a particular desk can be identified specifically with the desk, but, because the cost is likely to be insignificant, the expense of tracing such items does not justify the […]

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Direct and Indirect Costs

Costs that are assigned to cost objects can be divided into two broad categories Direct and Indirect costs. Both categories can be further divided into direct and indirect material costs, and direct and indirect labour costs Each of these categories is discussed in the following sections. Direct Materials Direct materials represent those material costs that can be specifically and […]

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Cost Terms and Concepts

Accounting information systems measure costs that are used for different purposes i.e profit measurement and inventory valuation, decision-making, performance measurement and control. Therefore different types of costs are used in different situations. Because the term ‘cost’ has multiple meanings, a preceding term must be added to clarify the assumptions that underlie a cost measurement. A large terminology has emerged […]

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Absorption costing system

Below image provides an overview of the cost assignment process for an absorption costing system, The term cost tracing is used in this photo to denote the fact that direct costs can be specifically and exclusively identified with a particular cost object. Cost assignment merely involves the implementation of suitable data processing procedures that identify and […]

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Privacy in e Business

The collection of information and data about people is a characteristic of e-business transactions. e-Business marketplaces and portals derive value from data mining activities. Construction companies engaged in e-business will have to manage multiple risks relating to privacy; some relate to personal privacy concerns about their own firms, and others relate to concerns about infringement. Construction […]

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Jurisdiction

Jurisdiction is a legal term describing which law is in effect at a given period of time and which court’s decisions will be legally binding. jurisdiction issues arise when parties dispute a contract and try to decide which court has jurisdiction over it. The problem is exacerbated by the fact that in an e-business contract, […]

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Types of legal risks

The legal risks of conducting business online change every day as new technologies are introduced to the market. These technologies pose important problems to legislators that need quick and effective solutions. The difference between the rates at which e-business technology develops to the rate at which legal framework and rules develop is substantial. Legal risks […]

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Legal issues

The hype for e-business in the construction industry is now over. With industry players already embracing the change, many are now shifting their focus towards the impact, or non-impact, that e-business has left in their businesses. e-Business applications in the construction industry are poised for restructuring as industry players have recognized that e-business will re-intermediate […]

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How to write a cash book

Cash trading is one the most used method in shops and discount centers. to keep a cash book updated and write a cash book in true format, you need details of cash flow. When Cash receives from customer, it will be added to cash account with amount of it in Debit column When Cash be […]

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Tools Shops in Dubai

in Dubai, tools shops usually sell tools like: SAFETY PRODUCTS SHADE NETTINGS RAZOR WIRE FIRE BLANKETS PAINT BRUSHES PAINT ROLLERS ABRASIVES PVC WATER TANKS ROLLER CHAINS Brands of these tools commonly are from Bush, BlackandDecker, Siemens, … Coast Tools    

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What is Management Accounting

The Role of Management Accounting Management accounting:  ( defined by the National Association of Accountants (NAA)) ( The process of identification, measurement, accumulation, analysis, preparation, interpretation, and communication of financial information, which is used by management to plan, evaluate, and control within an organization. ) It ensures the appropriate use of and accountability for an organizations […]

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The importance of bookkeeping

All businesses, without exception, need to keep accurate and readily accessible records of their financial transactions. Many organizations other than businesses also need to do it, and some individuals too. As a child I had a neighbor who died at the age of 75 leaving records that accounted for every penny of his income and […]

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Examples of invoicing

The best way to learn an accounting software is to enter real invoices and vouchers in it. Therefore, we will add different examples of invoice entry of sample businesses in Dubai, Oman and Qatar to show you how to do invoicing by iGreen accounting application.

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Manage Currencies

Multi currency is one of top feature in iGreen accounting. so that, you can record and issue sales invoices and any voucher of cash transactions in any currency that you want. To look at list of currencies in iGreen accounting, in home screen, in right, bottom of screen, please click on update currency. so that, […]

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Profit and Loss Report

When you record invoices of your business in iGreen accounting software, it will give you an easy to understanding report of profit and loss As you see here, you can get total of profits of all your items and also you can control one by one of items. In this example, we have two items […]

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Forex Positions

Online market of currencies or Forex is very sensitive to any politics changes. an eCommerce with high risk to loss your investments in market very easy. So it need study very carefully ! we will update it about our analyses when to buy or sell EURUSD , JPNUSD and GBPUSD Forex signal of this week […]

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Expense Entry Software for Dubai

In any business, Gross income is the main statement for taxation but to know net income, you need to reduce expenses from it, with a perfect expense entry software you can reach net income easily. There are many software in Dubai markets and you can use them for journal entry of expenses. here we will […]

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Free accounting consultation in Dubai

There many business owners in Dubai that they need an honest guides to know how to order software and automate their business accounts department. so that, a free consultation of accounting in Dubai, could be a advantage for you to know what you need really for your accounts department. Without a true consultation maybe there are […]

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