This essential primer takes the mystery and intimidation out of business accounting and bookkeeping and helps you interpret and prepare financial statements and organize your own set of books.
You will learn to generate your own statements, interpret your statements for internal planning, and plan for your company's future using budgets. This guide's practical introduction to business financing will also help you:
* Use and interpret financial statements
* Set up or restructure your business' books
* Use the One-Write System
* Quickly detect and correct errors
* Monitor accounting tasks
* Understand how banks analyze your company's financial status
* Determine when and how to switch to computerized accounting
Written for:
* Owners or Managers of Small Business
* Entrepreneurs
* Accountants/Bookkeepers
* Business Consultants
* Educators
Includes dozens of sample financial statements and rule-of-thumb formulas to help non-accountants easily comprehend and use:
* The Balance Sheet
* Payroll Schedules
* The Income Statement
* Depreciation
* Ratio Analysis
* Bank Reconciliation
* Budgeting
* Internal Controls
* Journals
* Accounting Systems
* The General Ledger
