Product Details

• Amazon Sales Rank: #926 in Books
• Published on: 2007-02-16
• Binding: Paperback
• 392 pages

Review
 “…a good refresher for any professional who feels rusty on the basics.” (Accounting Technician, May 2007)

Synopsis
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. This book helps 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". The existing content will be revised to reflect essential UK information.

From the Back Cover
Includes practical advice on using accounting software

The easiest way to master the art of bookkeeping

Accurate bookkeeping is crucial to every business – but few people relish the task. This straight–talking guide simplifies every aspect of financial record keeping, walking you through all the basic skills you need. From tracking transactions and keeping ledgers to producing balance sheets and year–end reports, this book makes bookkeeping your best friend in business.

Discover how to

• Keep accurate and complete financial records
• Produce a profit and loss statement
• Complete year–end payroll and reports
• Manage assets and liabilities
• Keep the tax inspector happy

Customer Reviews

What bookkeeping is
The book gives an overview of bookkeeping dealing with all aspects of what is necessary to enable someone to understand how and why financial records are compiled and what those records can tell you about the finacial health of the business. The guidance offered in this book will give anyone a better understanding of how a business is performing and an idea of what to do about it. The one criticism I have would be the lack of worked examples in the book. However the book is worth the purchase price.
A companion book would be a work book dealing with actual examples with suggested answers to further reinforce the topics covered in the book.

Be aware! Not for us locals...
This book is written from a US perspective. While the basic principles are the same, it uses US terminology and can be a little confusing. The tax section relates to that of the USA and not the UK. I sent mine back for an immediate refund and will wait until the UK version is published in February 2007.