Commercial accounting is an accounting branch that focuses on the activity of a business.
The science and technique dedicated to producing and disseminating information useful for making economic decisions is called accounting . Its development involves a study of the assets of the entities to reflect their results in accounting or financial studies, which provide a summary of an economic situation.
Commercial , on the other hand, is that belonging to or relating to commerce or merchants . Commerce is known as the negotiation carried out to buy or sell something, the store or commercial warehouse and the group of merchants.
What is commercial accounting
Commercial accounting , therefore, is the branch of accounting focused on the activities of a business. Thanks to accounting, businesses manage to have a record of all their operations that can be quantified in terms of money .
The recording of monetary income and expenditure allows businesses to draw conclusions about their performance and plan their activities in the short, medium and long term. With commercial accounting, for example, it is possible to know what the monthly profits of a store were in the last year and what capital it has to make investments.
All businesses develop, in some way, commercial accounting. Those that mobilize large amounts of money usually have a department or a specialist dedicated exclusively to accounting studies. Small businesses, on the other hand, can do without an accountant since the owner performs the basic tasks of the area, such as recording the expenses for the purchase of merchandise and the sales made.
Commercial accounting is essential to know the financial status of a store.
Options for your registration
When it comes to computerizing a company 's accounting, a step that is difficult to avoid today, there are three fundamental ways: prepare a series of tables in a spreadsheet that reflect the activity that until then we have carried out by hand on paper ; purchase one of the many programs developed specifically for business accounting for small and medium-sized businesses; Hire a programmer to create an application tailored to our needs.
The first option is without a doubt the most economical of the three, especially considering that there are several free products ideal for this purpose, such as the office packages OpenOffice and LibreOffice , both with their spreadsheets of the same name, "Calc." . However, despite being the path that requires the least money, making our own tables can be too demanding for those who do not have sufficient computer knowledge, or the intuition to acquire it.
It is in such cases that hiring a developer may be more appropriate, although this does not guarantee success, since it is important to provide a very clear and specific design of the program we need, since we cannot expect him to have knowledge of commercial accounting. . This clarification is very important: if we cannot prepare a detailed outline of all the functions that we hope to use for our work, it is preferable to opt for specific products, which are many and have already been tested by thousands of users.
Business accounting software
Some of the best-known programs for commercial accounting include the following:
* Managerial Analyzer : offers the necessary tools to analyze the economic and financial aspects of a company. Some of them are detailed profitability and balance sheet graphs, and its compatibility with Excel, which allows you to import and export files;
* Contasol : stands out for its simple interface and its advanced tools , which make it a very versatile and easy-to-use program. It is worth mentioning that it is free and that it offers the possibility of managing more than one business at a time;
* DivaCon - is ideal for the administration of small and medium-sized businesses. Among the many functions it includes are the management of VAT movements, the entry lines and the maturity portfolio.