Product Update: Bank Accounts Feature
We’re thrilled to introduce our latest addition at Vencru: the Bank Accounts feature, designed to simplify your financial management process! This new feature empowers you to track your business account cash flow effortlessly making bank reconciliation hassle-free. Why is Bank Accounts a big deal? Tracking your bank inflow and outflow is made even simpler with […]
Debits and Credits in Accounting: With Journal Entry Examples
In accounting, debits and credits are the fundamental building blocks for recording financial transactions. They may appear challenging, but understanding debits and credits is critical for keeping correct financial records. This guide will break down what is debit and credit, explain how they apply to different account types, and provide debit and credit examples to […]
