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Accounting Tutorials

MyCash's Using Tip

As the fund range gets wider and wider, the current funds are buried and cannot be perceived insightfully in the cashbook. This case leads you to use MyCash. Deposits and liabilities registered in MyCash are perceived separately.

As a result, the fund range can be free from providing the insight of current funds and get wider to include all assets and liabilities, making Best Cashbook function as a complete double-entry book. The "Current Deposits" column can include all assets and the "Credit Cards" column can include all liabilities.
That MyCash perceives the current funds separately makes it possible that you can broaden the range of Best Cashbook as widely as you wish. Nevertheless, ordinary home had better not use MyCash. It is easy and convenient that the "Current Deposits" column includes all deposits and the "Credit cards" column includes all debts.

Users have required the function to treat noncash assets and noncash liabilities**. A good method to meet this demand is to import accounting concepts such as revenue, expense, income statement and balance sheet. But it is determined that the current structure is kept because of the following.
     1.Best CashBook should treat mainly money incomings and outgoings.
     2.It should provide beginners with accounting-learning chances.
On these backgrounds MyCash is created to manage more complex properties, keeping current structure. Accounting specialists understanding double-entry bookkeeping can utilize Best CashBook as a complete double-entry book to manage all assets and debts.
Nevertheless, you will confront limits in the cashbook as you progress from housekeeping to enterprise, leading you to select Best Accounting. It gives you more sophisticated functions in the similar interfaces.

** At that time, there had been various organizational malicious wrongdoings against our products. The requirements were also part of such malicious wrongdoings to reveal the limits and defects of our products, we think, in the light of the situations and their attitudes.