Copyright Cheriths Ltd. All rights reserved. 2024.
Orbita - the easy way
Traditional accounting uses the accountingconcept of “debit” and “credit” when enteringtransactions. The concept of 'debit' and'credit' can cause a problem if you arenot conversant with the traditional accountingprinciples.Orbita has avoided the use of theterms “credit” and “debit”. Orbita uses theconcept of “Increase” and “Decrease” toproduce the same result that you will have if you use the traditional “credit” and “debit”principle. No complicated accounting jargon. Anyone can be at ease with Orbita.
Cheriths
Copyright Cheriths Ltd. All rights reserved. 2022.
Traditional accounting uses the accountingconcept of “debit” and “credit” when enteringtransactions. The concept of 'debit' and'credit' can cause a problem if you arenot conversant with the traditional accountingprinciples.Orbita has avoided the use of theterms “credit” and “debit”. Orbita uses theconcept of “Increase” and “Decrease” toproduce the same result that you will have if you use the traditional “credit” and “debit”principle. No complicated accounting jargon. Anyone can be at ease with Orbita.