If you are new to accounting or accounting in a computerised environment, you should read the following:
TurboCASH4 is a Generally Accepted Accounting Practice (GAAP) compliant system. TurboCASH4 really makes accounting easy and produces financial reports, which understandable to every user of financial information. In addition to the standard Income statement, Balance sheets and Trial balances, you may also produce a host of other reports to manage your business activities and performance.
A basic understanding of accounting principles may be necessary to identify transactions and enter them in the correct accounts. Should you use the basic templates, which TurboCASH4 has installed, on your system, to create a Set of Books, your Set of Books will be set according to the Accounting principles.