HR Finance 101: A Guide To Finance for HR
AIHR
JANUARY 11, 2023
For example, when a business purchases a new asset worth $1,000 on credit, the amount would be entered as a debit in the equipment (asset) account and a credit in the accounts payable (liability) account. A transaction is entered into an accounting record, typically in the ledger. Financial HR metrics to consider.
Let's personalize your content