Bookkeeping for Dummies
Chapter One
So You Want to Do the Books
In This Chapter
* Introducing bookkeeping and its basic purpose
* Maintaining a paper trail
* Managing daily business finances
* Making sure everything's accurate
* Putting on a financial show
Few small business owners actually hire accountants to work full time
for them. For a small business, that expense is probably too great, so
instead, the owner hires a bookkeeper who serves as the company accountant's
eyes and ears. In return, the accountant helps the bookkeeper develop
good bookkeeping practices and reviews his or her work periodically (usually
monthly).
In this chapter, I provide an overview of a bookkeeper's work. If you're just
starting a business, you may be your own bookkeeper for a while until you
can afford to hire one, so think of this chapter as your to-do list. ... read full excerpt from Bookkeeping For Dummies ebook
