Why Learn Accounting?
Understanding basic accounting principles helps you:
- Track your business financial status
- Plan taxes effectively
- Make better business decisions
Basic Accounting Principles
The fundamental accounting equation is: Assets = Liabilities + Equity
Key Accounting Documents
- Invoice - Document for billing customers
- Receipt - Proof of payment received
- Tax Invoice - Important document for VAT
Main Financial Statements
- Balance Sheet - Shows assets, liabilities, and equity
- Income Statement - Shows revenue and expenses
- Cash Flow Statement - Shows cash movement
If you need accounting help, M & E Thailand team is ready to assist.