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Accurate and complete bookkeeping is crucial to investors, financial institutions, and various employees in businesses, and Bookkeeping Kit For Dummies provides the easy and painless way to master this critical skill. You′ll get clear and concise information along with plenty of practice opportunities and examples to hone your bookkeeping skills.
Brush up on basics — get an overview of how bookkeeping works, understand terminology unique to bookkeeping, and set up your company′s books
Keep a paper trail — find out how to enter your financial transactions in the books, post transactions to your General Ledger, and track all the details in your journals
Roll out the dough — track your day–to–day business operations, set up and manage employee payroll, and make sense of government paperwork that comes with new hires
All good things come to an end — delve into the process for closing out an accounting period, whether at the end of a month or the end of a year
Report your results — discover how to use all the information in your books to prepare reports that show how well your company did during the month, quarter, or year
Bonus CD Includes: Bookkeeping forms, working papers, tax forms, resources, and spreadsheets
Please see the CD appendix for details and complete system requirements.
Open the book and find:
Tips for developing a goodinternal control system for managing your books
The importance of an accurate paper trail
How to test the balance of your books
Year–end government reports and IRS forms
Ledgers, journals, and computer options
How to protect your business against internal fraud
Ways to stay on top of inventory, supplies, and bills
Lots of practice exercises
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