<< 1 >>
Rating: 
Summary: Key concept explanations are poor or lacking.
Review: Fails to properly explain key concepts such accounts, debits/credits, rationale behind double entry system, etc. Has some errors which add to the confusion. This one was authored by idiots.
Rating:
Summary: Key concept explanations are poor or lacking.
Review: Fails to propery explain key concepts such accounts, debits/credits, rational behind double entry system, etc. Has some errors which add to the confusion. This one was authored by idiots.
Rating: 
Summary: Small Business Accounting Made Easy
Review: The review by mrbigbeast seriously misrepresents what is presented in this book. In Chapter 4, following chapters that explain how to set up the initial chart of accounts, a section entitled, "Working with Debits and Credits" explains the dual-entry accounting system. There are two full chapters on setting up accounts - one relating to the accounts for balance sheet items and one relating to the accounts for income statement items. The first chapter talks about structuring the business and how this impacts your accounting system.Most parts of the book reinforce the explanation of debits and credits and how to work with the dual-entry accounting system including examples of how to make dual-entry accounting entries for topics such as tracking sales, determining costs and expenses, adjusting sales and expenses, cashing out, hiring and paying employees, taxes, and employee benefits. There is also an extensive section on how to close the books and another on preparing financial reports. The final section of the book talks about year-end close and the final chapter talks about computerized accounting.
Rating:
Summary: Small Business Accounting Made Easy
Review: The review by mrbigbeast seriously misrepresents what is presented in this book. In Chapter 4, following chapters that explain how to set up the initial chart of accounts, a section entitled, "Working with Debits and Credits" explains the dual-entry accounting system. There are two full chapters on setting up accounts - one relating to the accounts for balance sheet items and one relating to the accounts for income statement items. The first chapter talks about structuring the business and how this impacts your accounting system. Most parts of the book reinforce the explanation of debits and credits and how to work with the dual-entry accounting system including examples of how to make dual-entry accounting entries for topics such as tracking sales, determining costs and expenses, adjusting sales and expenses, cashing out, hiring and paying employees, taxes, and employee benefits. There is also an extensive section on how to close the books and another on preparing financial reports. The final section of the book talks about year-end close and the final chapter talks about computerized accounting.
Rating:
Summary: Great If You're Starting a New Business
Review: This book does an excellent job of taking you through the steps of setting up your accounting system. Starting with business structure, then on to developing your chart of accounts, and then teaching you how to work with dual entry accounting for all aspects of your business - sales, expenses, employees and benefits, and taxes. It also teaches you how to close the books monthly, develop financial statements and finanlize your year-end close. Great stuff! Easy to read and understand.
Rating:
Summary: Great If You're Starting a New Business
Review: This book does an excellent job of taking you through the steps of setting up your accounting system. Starting with business structure, then on to developing your chart of accounts, and then teaching you how to work with dual entry accounting for all aspects of your business - sales, expenses, employees and benefits, and taxes. It also teaches you how to close the books monthly, develop financial statements and finanlize your year-end close. Great stuff! Easy to read and understand.
<< 1 >>
| 
