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Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business (Keeping the Books, 5th Ed)

Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business (Keeping the Books, 5th Ed)

List Price: $22.95
Your Price: $16.07
Product Info Reviews

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Rating: 3 stars
Summary: Good to average accounting book
Review: This bookisn't bad for somebody who is completely new to accounting, but I found it average for anyone with any modicumof experience. Might be good for people with C-Corporations, but not for people with S-Corporations.

Rating: 5 stars
Summary: Great book!
Review: This is a really great book for beginners. I'm not a proffesional accountant (my primary area is computer systems administrations) but I have been working in banks for 5 years and I read a lot of books about accounting basics because it was part of my job. And usually those books were either too practical or too academic. But this one is perfectly balanced. It explains you not only what to do but it also gives you a pretty solid background why you should do this and what for. It shows you a complete picture of a small company accounting including major forms, reports shedule, books etc and that's all in just 200 pages. It's amazing how the author can explain in a couple words some concepts which usually takes a whole chapter in some other tutorials. You can read it to just to get some idea about accounting wording and concepts, or you can keep it on the table and use as a Howto giude in your everyday work, it works both ways. And it's pretty fairly priced. Very, very nice book!

Rating: 5 stars
Summary: Bookkeeping for dummies - brilliant!
Review: When I started my first business, I found this book priceless: step-by-step instructions on how to keep business accounts and what accounts need keeping, and when to update them. The appendix contains templates of all the major records needed for a small business. For someone who knew nothing this was a real lifebelt. Very easy to read, and immediately useful.

Rating: 2 stars
Summary: This book sucks
Review: When they say "basic" they mean really, really basic. The book does have some useful sample spreadsheets, like a sample P&L, but the advice is way off base. First off, she recommends you buy a small hardbound journal record in it every thought you have about your business, any expenses, etc. I'm sure her accountant looooves her when she brings this to him every year. Clearly this should not be your primary recordkeeping system. Since this book is about recordkeeping, this serious destroys her credibility.

The book is written to a low-tech, low-IQ audience. It might be useful if you have never had a job before or if you're 12 years old. Otherwise, don't even bother.


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