Product Description

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!

Product Details

• Amazon Sales Rank: #4635 in Books
• Published on: 2006-11-28
• Number of items: 1
• Binding: Paperback
• 360 pages

Download Description
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.

From the Back Cover
The painless way to master the art of bookkeeping!

Manage your own finances to save money and grow your business!

If you're a small business owner who manages your own finances, Bookkeeping For Dummies is for you. This friendly guide covers all the basics of bookkeeping — from recording transactions to producing balance sheets and year-end reports. It's the easy way to keep track of your business's financial well-being.

Discover how to

• Keep track of transactions
• Produce balance sheets
• Create financial statements
• Manage assets and liabilities
• Keep ledgers and journals

About the Author
Lita Epstein, who earned her MBA from Emory University’s Goizueta Business School, enjoys helping people develop good financial, investing, and tax planning skills.
While getting her MBA, Lita worked as a teaching assistant for the financial accounting department and ran the accounting lab. After completing her MBA, she managed finances for a small nonprofit organization and for the facilities management section of a large medical clinic.
She designs and teaches online courses on topics such as investing for retirement, getting ready for tax time, and finance and investing for women. She’s written more than ten books, including Streetwise Retirement Planning and Trading For Dummies.
Lita was the content director for a financial services Web site, MostChoice.com, and managed the Web site Investing for Women. As a Congressional press secretary, Lita gained firsthand knowledge about how to work within and around the Federal bureaucracy, which gives her great insight into how government programs work. In the past, Lita has been a daily newspaper reporter, magazine editor, and fundraiser for the international activities of former President Jimmy Carter through The Carter Center.

Customer Reviews

Great book
Very easy to understand compared to other books I've read on this subject, very happy with it.

Quickbooks for Dummies
This book doesn't help you if you have the Mac Version of Quickbooks. I probably should have checked that out before buying it but I assumed that the functions would be the same. Silly me, they are not! Just something to consider...

Good to start
This is a very good book to start understanding the subject of accounting and bookkeeping.