Overview

Are you finding that your invoices and bank statements pile up every month, untouched and shied away from? Does your accountant spend more time on basic bookkeeping than on minimising your tax bill? If you're a small business owner who wants to take financial matters into your own hands, look no further. Bookkeeping for Dummies will guide you through all the basic skills needed to keep your business efficient and cost-effective – from tracking your transactions and keeping ledgers, to producing balance sheets and...
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Bookkeeping For Dummies

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Overview

Are you finding that your invoices and bank statements pile up every month, untouched and shied away from? Does your accountant spend more time on basic bookkeeping than on minimising your tax bill? If you're a small business owner who wants to take financial matters into your own hands, look no further. Bookkeeping for Dummies will guide you through all the basic skills needed to keep your business efficient and cost-effective – from tracking your transactions and keeping ledgers, to producing balance sheets and satisfying the taxman at year-end. Learn to manage your finances painlessly and clearly, and master the art of bookkeeping!

The book will be adapted from the current US edition of Bookkeeping for Dummies. Existing content will be revised to reflect essential UK information.

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Product Details

  • ISBN-13: 9780470686942
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 11/3/2009
  • Series: JB - Anker Series
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 1
  • Pages: 392
  • Sales rank: 1,095,854
  • Product dimensions: 7.34 (w) x 9.67 (h) x 0.91 (d)
  • File size: 7 MB

Meet the Author

Paul Barrow, FCA, MBA, is a Chartered Accountant with over 20 years' consulting, training, writing, and commercial experience within a wide range of business sectors and companies.

Lita Epstein, MBA, designs and teaches online courses in investing, finance, and tax.

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Table of Contents

Introduction.

Part I: Basic Bookkeeping: Why You Need It.

Chapter 1: So You Want to Do the Books.

Chapter 2: Getting Down to Bookkeeping Basics.

Chapter 3: Outlining Your Financial Roadmap with a Chart of Accounts.

Part II: Keeping a Paper Trail.

Chapter 4: Looking at Ledgers.

Chapter 5: Keeping Journals.

Chapter 6: Surveying Computer Options.

Chapter 7: Controlling Your Books, Your Records, and Your Money.

Part III: Recording Day-to-Day Business Operations.

Chapter 8: Buying and Tracking Your Purchases.

Chapter 9: Counting Your Sales.

Chapter 10: Employee Payroll and Benefits.

Part IV: Preparing the Books for Year- (Or Month-) End.

Chapter 11: Depreciating Your Assets.

Chapter 12: Paying and Collecting Interest.

Chapter 13: Checking the Books.

Chapter 14: Closing the Journals.

Chapter 15: Checking Your Accuracy – By Trial and Hopefully Not Error.

Chapter 16: Adjusting the Books.

Part V: Reporting Results and Starting Over.

Chapter 17: Producing a Profit and Loss Statement.

Chapter 18: Developing a Balance Sheet.

Chapter 19: Reporting for Not-For-Profit Organisations.

Chapter 20: Completing Year-End Payroll and Reports.

Chapter 21: Satisfying the Tax Inspector.

Chapter 22: Adding the Cost of Value Added Tax (VAT).

Chapter 23: Preparing the Books for a New Accounting Cycle.

Part VI: The Part of Tens.

Chapter 24: Top Ten Ways to Manage Your Business Cash with Your Books.

Chapter 25: Top Ten Most Important Accounts for Any Bookkeeper.

Appendix: Glossary.

Index.

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