Posting with all accounts! Balance sheet accounts + profit and loss accounts + tax accounts! Simply explained!
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Posting the annual financial statements is something like the supreme discipline of external accounting. We have to make sure that the inventory accounts are posted to the closing balance sheet account, the profit and loss accounts are closed via the P&L account and the tax is a passing item and accordingly input tax and sales tax are offset against each other in order to determine the payment liability or the input tax surplus. #bwl #accounting #booking #tconts #shouldhave #simplyexplained #learningvideo #herrtafelschwamm ____________________________ I really hope that this video has helped you to understand the topic better :) Since I am certainly not infallible, I am always grateful for praise and criticism so that I can do it either just as well or even better next time 😉 If you have any topic requests because you have a test or an exam coming up or you simply want to know more about a particular topic, then feel free to write to me in the comments under the videos or directly by message on Instagram: @herrtafelschwamm / herrtafelschwamm Attached you will find a few playlists that might also help you. I will gradually expand the playlists, as I still have countless videos in my head that I would like to implement 😉 Videos on external accounting / posting records and posting on T-accounts: • Basics of external accounting... Exercises on external accounting as preparation for class tests: • Exercises on external accounting... Videos on cost and performance accounting (KLR): • Cost and performance accounting - From the... Videos on business administration: procurement and warehousing: • Business administration: procurement and warehousing - V... Videos on business administration: financing and investment • Business administration: investment and financing - A... 0:00 Introduction 0:25 PRIOR KNOWLEDGE - INVENTORY ACCOUNTS 1:28 PRIOR KNOWLEDGE - PROFIT ACCOUNTS 2:56 PRIOR KNOWLEDGE - TAX ACCOUNTS 4:15 EXERCISE TASK 5:43 POSTING RECORDS 9:10 OPENING AND POSTING INVENTORY ACCOUNTS 13:14 POSTING OF PROFIT ACCOUNTS 16:21 SALES TAX RECORDING 17:46 SUMMARY
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