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Concepts

Accounting Concepts

Accounting principles behind Anchor: double-entry, chart of accounts, cash versus accrual, and bank reconciliation for South African small businesses.

Understanding a few core accounting concepts will help you get the most out of Anchor. Whether you are an experienced accountant or a solopreneur tracking finances for the first time, these pages explain the principles behind every feature.

New to accounting? Start with Accounting for Solopreneurs for a beginner-friendly introduction.