Book Description
"Bookkeeping can absolutely be the difference between bankruptcy and success" says Angie Mohr. "You can't know how your business is doing until you record it."Bookkeeper's Boot Camp is the first book in the Numbers 101 for Small Business series. It shows small business owners the essentials of record keeping, and why it's crucial to a businesses' success to track financial data. The book gives business owners a greater understanding of the purpose and process of record keeping and a deeper understanding of their businesses.Angie has helped hundreds of small business owners who didn't understand the importance of record keeping and always put it off until "later." These business owners were almost literally buried under a pile of papers, overwhelmed by the immensity of the task at hand. Angie shows business owners how to sort through the masses of information and paperwork, record what is important, and how to use that information to grow a business for success!
From the Inside Flap
Bookkeepers Boot Camp is the first book in the Numbers 101 series. It will show you the essentials of record keeping for a small business and why it's necessary to track information. The book will give you a greater understanding of the purpose and process of record keeping and a deeper understanding of your business and how it works.
This book teaches you how to sort through the masses of information and paperwork, how to record what is important for your business, and how to use that information to grow your business for success!
This book includes a self-test to help you understand and reinforce what you have learned. The following topics are discussed in this book:
- Managing the paper flow - Understanding the balance sheet: defining what your business owns and what it owes - Learning the basics regarding the income statement and cash flow statement - Recording the sales cycle - Learning how to account for inventory - Monitoring your budget and cash flow to ensure that future cash requirements will be met - Understanding the transactions between the company and its owners: loans, bonuses, dividends, payments made personally, and company payments of personal bills