Most practical, yet complete
Step by Step
Very useful Accounting/Bookkeeping
Information

EASY TO UNDERSTAND BOOKKEEPING

To teach and help to improve Bookkeeping skills and help entrepreneurs to have a clear understanding of their own Business Bookkeeping System.

• Tips, steps, and explanations not found in Text Books
• The easiest reference guide to have at hand when needed
• The simplest and fasted way to learn to do Payroll
• The simplest and easiest way to learn to do Bank Reconciliation
• Learn to prepare Financial Statements easy and fast
• The easy way to learn the difference between Debits and Credits
• The simplest way to learn to manage the General Ledger
• Detailed Chart of Accounts with account definitions
• An Account Analyzer for quick reference
• Simple explanation on the Double Entry Accounting System

When I started my accounting/bookkeeping career years ago, I was desperately looking for a simple, short, and easy to understand bookkeeping guide and reference book to help me figure out how to put into practice the little a knew. I looked everywhere and to my surprise I could not find any. At that time I promised myself that when I was ready I would write a book just like the one I was looking for.

What is Accounting/Bookkeeping

Today with new technology most everything is computerized, including

ACCOUNTING and BOOKKEEPING. However, it is very important for us as BOOKKEEPERS to understand the whole ACCOUNTING SYSTEM and to be able to record and create accurate reports. BOOKKEEPING is recording and posting daily transactions, keeping all the records organized of a business and also preparing some financial reports at the end of a period. ACCOUNTING is planning, keeping, analyzing and interpreting FINANCIAL RECORDS. It is often called "THE LANGUAGE OF BUSINESS". It is a big part of the operation division in a company.

Every business is concerned with its FINANCIAL RECORDKEEPING. BOOKKEEPING is very detailed and requires a good organized system to perform an accurate job. Organization is a discipline and any body can discipline themselves to become an organized person.

A very small company may only have a FULL CHARGE BOOKKEEPER who handles just about every financial task, and use a CPA Firm for consultation and tax preparation.

In the accounting field, we find different "JOB CATEGORIES":

1- ACCOUNTANTS (Private and Public) Person who plans, summarizes, analyzes and interprets info.

2- FULL CHARGE BOOKKEEPER Person who does general accounting work plus some summarizing and analyzing.

3- JUNIOR BOOKKEEPER/ASSISTANT TO BOOKKEEPER Person who works under full charge bookkeeper, recording information.

4- ACCOUNTING CLERK Person who records, sorts and files accounting info.

5- OFFICE CLERK Person who works doing general office tasks, including some accounting Tasks.