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All members can down load the products of capstone, which are tools
and program for Management, business and accounting.
Free Down load lists
Financial Analysis tool ( Myanmar Version ).
Business Diary.
Investment
tool.
Capstone Accounting & Office System Beta
Version
User
Manual
Read Me
File
Understanding
the difference between Credits and Debits
When you deposit money in the bank, the cashier will
tell you "I'll credit your account." From that experience, most people
assume that cash is a credit, and so credits are good. That is further
reinforced when reductions in the accounts are referred to as debits.
Besides, if you remove the "i" from debit, you get "debt." So, debits
are bad.
Unfortunately, the conditioning we receive at the bank is
causing real confusion in the accounting class. Why? Because in
accounting we understand that the bank account is a debit account, and
that debts are credit accounts - the opposite of what most people
expect.
In fact, debits and credits are neither good nor bad. Each
transaction, whether it be a good transaction (deposits), or a bad
transaction (bills) has both a debit and an equal credit. That's why
they call it "double-entry accounting." When the cashier is telling you
he or she will "credit your account", they are also entering a debit for
the same amount that they are not telling you about. The same is true
for the debits to your account - there is also a credit being made at
the same time.
I find the best way to understand debits and credits
is to identify two components of each transaction: 1) what did you get;
and, 2) where did it come from. The debit is what you got, and the
credit is the source of the item you received. For instance, let's
imagine that you purchase a computer with your credit card. Since the
computer is what you received it's going to result in a debit to the
asset account for your computer. The credit will be applied to the
credit card liability account for the same amount.
The banks tend to
confuse us because they are telling us the entry to their liability
account. When you deposit money in the bank, their liability to you
increases. Since liabilities are credit accounts they are crediting our
account. When they reduce their liability to us, they are debiting their
liability account.
So, if you can identify what you received and
where it came from in every transaction you have debits and credits
mastered.
Tools and Programs
Size 250 kb.
The ratio analysis and generally interpret the
meaning of business position, the Profitability, Liquidity, Efficiency
and performance. It can use easily by filling up the financial
information of balance sheet and income statement data, also fill the
competitor information or industry average. Before setup the down loaded
program on to your computer, please read “ Note “ carefully.
Size 300 kb.
The transaction recorded as a diary can convert to
accounting transactions and make financial report. It easy, no need to
have accounting knowledge, only record the daily transactions in / out
and note short descriptions. Before setup the down loaded program on to
your computer, please read “ Note “ carefully.
Size 200 kb.
The calculation used for financing and investing ,
which can calculate on one click, Pay Back Period, Discounted Payback
Period, Net Present Value( NPV ), Internal Rate of Return ( IRR ) and
Moderate Internal Rate of Return (MIRR) .Before setup the down loaded
program on to your computer, please read " Note "
carefully.
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