Bookkeeping For Dummies (For Dummies (Business & Personal Finance))
by Lita, MBA Epstein
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Book Summary Information
Author: Lita, MBA EpsteinEdition: Paperback
Published: 2006-11-28
ISBN: 0764598481
Number of pages: 360
Publisher: For Dummies
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Book Reviews of Bookkeeping For Dummies (For Dummies (Business & Personal Finance))
Book Review: Great book
Summary: 5 Stars
Very easy to understand compared to other books I've read on this subject, very happy with it.
Summary of Bookkeeping For Dummies (For Dummies (Business & Personal Finance))
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!
The friendly, easy-to-use guide to bookkeeping basics This handy guide covers everything professionals need to know to balance the books at a big company or a mom-and-pop store, including assets and liabilities; keeping track of transactions; balance sheets; keeping a ledger and journal; financial statements; operating accounts; and up-to-date tax information. Bookkeeping For Dummies brings the For Dummies formula of trustworthy information and straightforward explanations to the complicated business of bookkeeping. Lita Epstein, MBA (Poinciana, FL), designs and teaches online courses on topics such as investing for retirement, getting ready for tax time, and finance and investing for women. She earned her MBA from Emory University's Goizueta Business School, and is the author of Streetwise Retirement Planning and the coauthor of Alpha Teach Yourself Retirement Planning in 24 Hours. Lita was the content director for a financial services Web site, MostChoice.com. She also wrote TipWorld's Mutual Fund Tip of the Day, in addition to columns about mutual fund trends for numerous Web sites.
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