Bookkeeping For Dummies

Bookkeeping For Dummies
by Lita Epstein

Bookkeeping For Dummies
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Book Summary Information

Author: Lita Epstein
Edition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2006-11-28
ISBN: 0764598481
Number of pages: 360
Publisher: For Dummies
Accessories:

Book Reviews of Bookkeeping For Dummies

Book Review: Gives you the basic start you need.
Summary: 5 Stars

So you're going to start a business, and if you have any money left over at the end of the year you're going to save part of it and spend part of it. OK, but your business partner isn't going to like that very much. 'What, you say you don't have a business partner?' Yes, you do, and he usually goes by the initials IRS.

Since you're reading this review, you obviously have, or have access to a computer. Your first thought is to go buy an accounting package. OK, that's a good idea. But those packages start throwing around funny words like 'General Ledger,' 'Accrual,' and 'Balance Sheet.'

This book starts earlier than that and starts you off with a paper based accounting system. After you know what you are doing, then it discusses three accounting packages: Simply Accounting Pro, Peachtree Accounting, and QuickBooks. Hint: A lot of banks seem to like QuickBooks and may sell it to their customers at a deep discount, or even give away at no charge.

A Request to the Author, or to anyone else reading this. There are a bunch of free accounting systems on the net. Are any of them any good? Maybe one (or more) of them could be included in the next edition of the book, or on the eTips website.

Summary of Bookkeeping For Dummies

Accurate and complete bookkeeping is crucial to any business owner, but it?s also important to those who work with the business, such as investors, financial institutions, and employees. People both inside and outside the business all depend on a bookkeeper?s accurate recordings.

Bookkeeping For Dummies provides the easy and painless way to master this crucial art. You?ll be able to manage your own finances to save money and grow your business. This straightforward, no-nonsense guide shows you the basics of bookkeeping?from recording transactions to producing balance sheets and year-end reports. Discover how to:

  • Outline your financial road map with a chart of accounts
  • Keep journals of cash transactions
  • Set up your computerized books
  • Control your books, your records, and your money
  • Buy and track your purchases
  • Record sales returns and allowances
  • Determine your employee [is ?employee? necessary here?] staff?s net pay
  • Maintain employee records
  • Prepare your books for year?s end
  • Report results and start over
  • Produce an income statement
  • Complete year-end payroll and reports

This guide features tips and tricks for managing your business cash with your books and also profiles important accounts for any bookkeeper. There?s no question that bookkeepers must be detail-oriented, meticulous, and accurate. Bookkeeping For Dummies shows you how to keep track of your business?s financial well-being and ensure future success!

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