Bookkeeping Accounting for Small Business (QuickStudy Business)

Bookkeeping   Accounting for Small Business (QuickStudy Business)

English | 2020 | ISBN-13: 9781423246282 | 6 Pages | True PDF |8.54 MB

Complete and essential reference to the process of bookkeeping for your business. This 6 page digital guide includes the facts you need to ensure a well organized system for tracking expenses and profits enabling business owners to produce reports that will satisfy bankers for loan requirements, investors for raising cash, and government agencies for reporting data accurately to avoid penalties and interest. Author of over 40 books, financial specialist Lita Epstein, masterfully designed a reference that is an expert’s concise notes for building a system and ensuring that system is thorough. As an expert or new business owner this reference can elevate your understanding and vocabulary to be your company’s financial expert. 6 page digital reference guide includes: Bookkeeping Overview Accounting Methods Exploring Assets, Liabilities & Equity Understanding Debits & Credits Mapping the Books Developing the Chart of Accounts Using Your Business Map Journals General Ledgers Reports Computerized Accounting Programs Internal Controls Protecting Your Business’s Cash Documenting Transactions Protecting Against Fraud Employee Bonding Entering Key Transactions Inventory Purchases Hiring Staff Completing Government Forms for New Hires Determining Pay Periods Wage & Salary Types Social Security & Medicare Unemployment Taxes Worker’s Compensation Testing for Accuracy Proving the Cash & Inventory Finalizing Cash Receipts Inventory Adjusting for Errors Closing the Journals Using Summary Results Prepping Books for a New Accounting Cycle Steps in The Accounting Cycle Adding or Deleting Accounts Reviewing Customer Accounts Assessing Vendor Accounts Starting a New Bookkeeping Year Preparing Financial Reports Balance Sheet Income Statement Internal Reports Other External Reports

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