QuickBooks vs Quicken Keeping track of investments and expenditure is important for everyone whether it is for individual purposes or for organizations. You can do it manually or you can take of financial software for this purpose. QuickBooks and Quicken are very popular software to track income and expenditure. Though both serve the same basic […]
Difference Between Realization and Recognition
Realization vs Recognition The words recognition and realization are used individually in many contexts but when they are used in combination it is definitely in context of accounting. Both these words can be used to define revenue, taxes, profit or loss of a company. A company that is running its business in a profitable way turns […]
Difference Between Finance Controller and Finance Manager
Finance Controller vs Finance Manager Finance controller and finance manager are two specialized positions in the finance department. This is the age of specialization and within a single department specialized posts are created so that all operations go on smoothly with roles and responsibilities of all posts clearly demarcated. In the sphere of finance in an […]
Difference Between Excise Duty and Sales Tax
Excise Duty vs Sales Tax Excise duty and sales tax are two different taxes. Taxes are financial levies imposed by a government upon its citizens that are compulsory and not voluntary. Through these taxes a government is able to function, makes its budget and performs its duties for the welfare of the population. There are many […]
Difference Between APR and APY
APR vs APY If someone as intelligent and genius as Albert Einstein called compound interest as the greatest force on earth, its implications in our lives, especially financial aspect of our lives, must be important. To understand the effect of compound interest, one just has to look at the difference between APR and APY to […]
Difference Between PayPal and Google Checkout
PayPal vs Google Checkout For online payments, there are many systems in the world. Of these, Google Checkout and PayPal are most popular as they are free, easy to set up and very convenient for online buyers and sellers. If you are a seller on the internet, you have to make use of an online […]
Difference Between Finance and Leasing
Finance vs Leasing Finance and leasing are two options available for purchases. People are not aware of their options when they are making purchases of expensive items such as a home or a car. Most are aware of financing where they get money to buy and repay in equal installments over a period of years […]
Difference Between Book Value and Market Value
Book Value vs Market Value Balance sheet of a company is like a medical report of a person and it clearly indicates the health of the company. A profitable balance sheet shows that the company is in good shape and the vice versa. There are several critical things mentioned in the balance sheet and book […]
Difference Between Audit and Evaluation
Audit vs Evaluation Audit and evaluation are two important terms with respect to any organization and refer to means of assessing products and performance. There are many similarities in these two processes but there are glaring differences that need to be taken into account as well. This article will highlight these differences to enable a […]
Difference Between Life Assurance and Life Insurance
Life Assurance vs Life Insurance Life assurance and life insurance are made to protect each individual against any incident that can happen. The insurer pays a certain or fixed amount either yearly or monthly. This is a good investment. You will never know what can happen, and it would be best to be prepared. Life […]
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