LearnAccounting vs Addictive Accounting

New to accounting and not sure where to start? Wondering what to do first? Or are bad grades and the next exam already stressing you out? Whether you’re already in the middle of studying or just getting started – accounting can really push you to your limits. Hours of “learning” with almost no real progress, other subjects falling behind, and the fear of the next exam getting bigger instead of smaller. Your confidence drops – and in the worst case you might even feel like giving up. It doesn’t have to be that way. If you don’t understand accounting, the problem isn’t you. Very often it’s the way it’s taught: boring classes, confusing textbooks, weak explanations. And many schools and universities still rely on the same old textbooks and methods as years ago. No wonder it gets even more confusing! With LearnAccounting, you get exactly what you need: instant access to all the basics and more, targeted revision whenever you want, and a clear step-by-step learning path. No dead ends, no knowledge gaps – just real progress, even if your exam is right around the corner. We do things differently: Our own teaching approach finally makes accounting click – we explain it in a way you’re probably not used to from school or university. The chapters are structured so you can start from zero and follow the fastest possible learning path through the material. Short check-in questions in every chapter make sure you really get each step before you move on. No question marks left behind. That way, you’re not just memorising rules – you actually understand how double-entry bookkeeping works. Step by step, systematic, and with no prior knowledge required. After just a few minutes, you’ll start having your first “aha!” moments. Give it a try – the first 12 chapters are free! By the way: Freelancers and self-employed people who do their own bookkeeping benefit too – because they finally don’t just click through their software, but actually understand the business logic behind it. LearnAccounting guides you through, step by step: • The underlying business principles behind double-entry bookkeeping • What a balance sheet is and how business transactions change it • T-accounts and journal entries: from voucher or receipt to the correct posting • What “debit” and “credit” really mean • A simple memory trick to finally understand how debits and credits work – once and for all • Permanent (balance sheet) accounts • Owners’ (partners’) accounts • Revenue and expense (income) accounts • Profit-relevant transactions and depreciation • Balancing off accounts • The profit and loss account and year-end closing. Special topics: posting materials into stock or as expenses, materials requisition slips, debt capital and liabilities, payables and receivables, and the cash book. Plus: the basics of the three key financial statements – income statement, owners’ equity statement, and cash flow statement. Welcome to the accounting paradise for learners! Imagine walking into every exam relaxed and confident. No more stomach aches before financial accounting, no sleepless nights, no frustration with technical jargon. You finally see how everything fits together – and you don’t just scrape by, you actually understand accounting. Try the first 12 chapters completely free and see how clear and stress-free accounting can be. What are you waiting for? Start with LearnAccounting and finally get full clarity – exactly when you need it. Important note: This app teaches you the fundamentals of double-entry bookkeeping and gives you a basic understanding of financial statements, helping you prepare effectively for exams. For doing real-world bookkeeping in a company, you’ll need more advanced knowledge and formal training – otherwise, please consult a tax advisor or professional accountant.

An Interactive Accounting Textbook with an Accounting Software Simulator. Over 4 hours of FREE bookkeeping lessons and practice problems. A revolutionary course that uses a new method of teaching bookkeeping and accounting that can be easily learned by anyone! No previous bookkeeping or accounting knowledge is needed. It is becoming known as the perfect college accounting prep course as it properly prepares students at all levels for advanced accounting using a built in accounting software simulator. Lessons are divided into sections which take on average 2 to 5 mins to complete. No ads and no personal data collected. SIMPLIFIED EXPLAINATIONS The perfect companion course for all accounting students and business owners. A COURSE FOR ALL COUNTRIES Whether you live in the USA, Europe, Canada, Africa, Asia, or the Middle East, our Addictive Accounting course is for you! In a world of diverse interests, one thing remains standard, the double-entry bookkeeping system. As the saying goes, money runs the world and the world has agreed to measure its money using the double-entry bookkeeping system. Once you learn the fundamentals of the double-entry bookkeeping system, learning how your particular country measures its finances will be exceptionally straightforward. A COURSE FOR ALL ACCOUNTING SOFTWARE Imagine trying to learn multiplication and division without having first learned how to add and subtract! It makes no sense to try and learn how to do multiplication and division without having first mastered addition and subtraction. The same concept is true for accounting software. If you learn the double-entry bookkeeping system, knowing how to efficiently use ANY professional accounting software will be so much easier! PLENTY OF PRACTICE The only way to really learn bookkeeping and accounting is by actually doing it, which is why the Addictive Accounting app contains a proprietary interactive accounting simulator. The simulator will teach you how to create and interpret all the journal entries required to run a business using the journal, general ledger, chart of accounts and financial statements. UPON COMPLETION, YOU WILL UNDERSTAND: . The journal, general ledger and chart of accounts . The relationship between property and ownership . Assets, Liabilities, Capital and Profit . The true meanings of debit and credit . How to make journal entries . How to record purchases and sales . How to record sales tax . Accounts receivable and payable . Commonly used bookkeeping accounts . How to reconcile . Profit margin and gross and net profit . Normal and contra balances . The difference between cash, modified cash and accrual profit . Depreciation and how to calculate and record it . Cash statement . Profit statement . Equity statement . Balance sheet . How to record paying contractors . How to record paying employees . The payroll registry . Deductions and withholdings . Income taxes . And more