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Petrol Pump accounting software, POS software

Thursday, 31-May-2012

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Online or Web based Accounting and Inventory Control Application including a online store for your business with a shopping cart and credit card interface. Globally accessible from any internet browser.

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Web or internet based, browser driven software, globally accessible, secure and reliable, run from any computer, no software downloads, protected by password, multi user accounting, billing and inventory control system ...
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Financial Accounting and Business Management of all kinds of business, industry and services is now possible with HiTech Accounting Software made for specific business segments. Click the following links for more details and free 30 days full featured evaluation download.
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Petrol Pump accounting software, POS software, POS, Business Management and Accounting Software for Petrol Pumps. Modules : Pumps, Parties, Inventory, Transactions, Payroll, Accounts & Utilities. Free Trial Download.

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Financial Accounting & Business Management of all kinds of business, industry and services is now possible with HiTech Accounting Software made for specific business segments. Click the following links for more details and free 30 days full featured evaluation download.

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Control Account

Control Accounts, Setting Up Control Accounts

Control account is the account head where closing entries of all account belonging to control account group are made. At the time of closing the year control accounts figure in final reports. The account heads belonging to that control account are listed down below. Just like Sundry Debtors and Sundry Creditors which are control accounts figure in the balance sheet and all the individual accounts are listed below. You can also define Sales as control account and bring all type of sales under the control account group Sales.

Control accounts make the complex accounting needs more efficient to organize where the control accounts or the parent accounts contain the final closing entries. A large number of accounts thus can exist and the inter relation is easy to comprehend.

To define a Control Account first define it as a new account head if it does not exist. Then use this name as the control account of all the account heads which belong to this control account group. You can also select this name from the drop down combo displayed below the text box. Once any account head is defined as control account in another account head definition it becomes the control account.

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