TAccountTool

There are many applications and programs on the Internet that you could use in order to manage your financials easily. One of them is TAccountTool.

It's a nice application that allows you to enter a journal entry, or series of entries, then see your entries with TAccounts, a Trial Balance, or, on the Balance sheet and Income statement.

The application doesn't take long to install and it doesn't come with a complicated setup that you would need to complete before you can actually use it. It sports a clean and intuitive graphical interface with many nice tools at hand.

TAccountTool is a nice application that allows you to enter a journal entry, or series of entries, then see your entries with TAccounts, a Trial Balance, or, on the Balance sheet and Income statement.

TAccountTool comes with two modes, one that allows you to enter and manipulate a series of accounting entries for problems such as a Homework problem, Business problem, Case study and Audit client example.

The second mode allows you to graphically display entries individually, or, incrementally, in any of the following views, Standard journal entry, Trial Balance, T Accounts, Financial Statement T Accounts and Financial Statements (Balance Sheet & Income Statement). Debits and credits facilitate the use of the double entry, or balancing, accounting model.

Some accounts are increased with debit entries, assets and expenses.  Other accounts are increased with credit entries, liabilities, equity and revenues.

It gives you the option to create cash flow statements, you can create the beginning and ending balances and period transactions. You can classify each cash transaction as either an investing, financing or operating activity. The application allows you to print all the statements and information that you've worked with.

TAccountTool is a really nice application that allows you to enter a journal entry, or series of entries, then see your entries with TAccounts, a Trial Balance, or, on the Balance sheet and Income statement.