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A financial calculator or business calculator is an electronic calculator that performs financial functions commonly needed in business and commerce communities [1] (simple interest, compound interest, cash flow, amortization, conversion, cost/sell/margin, depreciation etc.).
Texas Instruments BA II Plus Professional. The BA II Plus is the main financial calculator sold by Texas Instruments as of 2015. It provides basic scientific calculator functionality alongside its financial functions, and provides most of its financial functions in the form of worksheets, where values are input as variables in a table; when a computation is requested, the calculator plugs the ...
The product of a step function with a number is also a step function. As such, the step functions form an algebra over the real numbers. A step function takes only a finite number of values. If the intervals , for =,, …, in the above definition of the step function are disjoint and their union is the real line, then () = for all .
The following comparison of accounting software documents the various features and differences between different professional accounting software, personal and small enterprise software, medium-sized and large-sized enterprise software, and other accounting packages. The comparison only focus considering financial and external accounting functions.
On a single-step or immediate-execution calculator, the user presses a key for each operation, calculating all the intermediate results, before the final value is shown. [ 1 ] [ 2 ] [ 3 ] On an expression or formula calculator , one types in an expression and then presses a key, such as "=" or "Enter", to evaluate the expression.
A chart of accounts (COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger.
The accounting equation plays a significant role as the foundation of the double-entry bookkeeping system. The primary aim of the double-entry system is to keep track of debits and credits and ensure that the sum of these always matches up to the company assets, a calculation carried out by the accounting equation.
Cash and accrual basis – The two primary accounting methods of the cash basis and the accruals basis (the difference being primarily one of timing) are used in three environments: in economics, to calculate US public debt, [1] in financial reporting, as well in tax environment, in order to calculate taxable income for U.S. federal income ...