Bookkeepping
Cód:
491_9781801138222
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Do you want to know how to stop wasting your money on taxes, save your profits and have a clear daily view of the financial statement of your business? The success of a business is determined by several factors, of which bookkeeping and accounting is a very important one. Success in business is not determined by how many sales you made or the profit you generated but by how you kept track of your transactions. The question is, how will you realize the profits generated and the sales you made if you do not keep records of your transactions?It is only when you keep up-to-date financial records of your transactions that you can determine the performance of your business. A business is operated to generate profit, but this goal can be hindered if one fails to maintain an effective bookkeeping and accounting system.The art of bookkeeping is an essential aspect of a business. Some small businesses failed - not because they did not make sales, or they failed to produce good products - but they failed to maintain an effective bookkeeping and accounting system. This book covers:WHAT IS BOOKKEEPINGTHE DIFFERENCES BEETWEEN ACCOUNTING AND BOOKKEEPINGTHE IMPORTANCE OF BOOKKEEPING OF BOOKKEEPINGFUNCTION OF AN ACCOUNTING OFFICER WHAT IS AN ASSETWHAT IS A CURRENT ASSETSWHAT IS A NON-CURRENT ASSETS LIABILITIESCURRENT LIABILITIESNON CURRENT LIABILITIESBALANCE SHEETSDEBITS AND CREDITSRECORDING DEBIT AND CREDIT IN AN ACCOUNTWHAT IS A FINANCIAL STATEMENTWHY DO WE NEED A FINANCIAL STATEMENT BALANCE SHEETSWHAT TO INCLUDE IN BALANCE SHEET INCOME STATEMENTS? UNDERSTANDING THE INCOME STATEMENTTHE CASH FLOW STATEMENTBOTTOM LINE ON FINANCIAL STATEMENTSCHOOSE A BOOKKEEPING SYSTEMCHOOSE AN ACCOUNTING METHOD:CASH OR ACCRUALORGANIZE AND STORE YOUR DOCUMENTSORGANIZE POTENTIAL DEDUCTIONAnd much more!.Here are some of the very important reasons for bookkeeping: · Bookkeeping provides a true an
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