Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business Paperback – Jan 2 2007
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About the Author
Linda Pinson is a nationally recognized speaker, award-winning author, educator, consultant and expert in the areas of small business planning and financial management. Author of numerous bestselling titles for entrepreneurs, she has also developed the popular ""Automate Your Business Plan"" software to accompany the bestselling Anatomy of a Business Plan. A member of the U.S. Small Business Advisory Council for the past five years, she is an active speaker at the Association of Small Business Development Centers annual conferences and has served as delegate to the White House Conference on Small Business.
Top Customer Reviews
The book is written to a low-tech, low-IQ audience. It might be useful if you have never had a job before or if you're 12 years old. Otherwise, don't even bother.
The book does a solid job introducing record-keeping. It discusses the:
Petty Cash Record
Fixed Asset Log
Independent Contractor Record
Payroll Records (though the authors recommend you hire a payroll firm to handle your payroll due to the government's extreme demands for payroll records)
Travel Expense Records
Sample forms of all of the above are given and explained, as well as blank forms the authors state you can copy and use for your business. Today most of us would put such records on a computer, but we should still understand the process, the authors point out.
"Keeping The Books" is especially good, as it discusses, not only single-entry accounting, but also gives a decent introduction to double-entry accounting. The brief explanation, though very good, is not as good as taking an introductory class in double-entry bookkeeping. Taking a basic bookkeeping class is one of the best things a new business owner can do.
For example, "Keeping The Books" casually mentions there are two sides to any business transaction and the two sides are recorded as debits and credits. Then it lists the rules for how revenue, expense, asset, liability, and equity accounts are affected by debits and credits. (Debit increases the value in an asset account; a debit decreases the value of an equity or liability account, etc.Read more ›
Most recent customer reviews
Based on some of the glaring reviews, I was really expecting a superior book here. What I got wasn't even good for the green as green novice. Read morePublished on April 24 2004
This bookisn't bad for somebody who is completely new to accounting, but I found it average for anyone with any modicumof experience. Read morePublished on April 13 2004
This book is more dictionary, than actual hands on. Also this book is geared to the small business owner (schedule C) or possbile S corp. Read morePublished on Feb. 25 2004 by Amazon Customer
Most og the context in Keeping the books is either basic or outdated. If you are brand new or like I was, lousy at organization, you will find an idea or two from Keeping The... Read morePublished on July 6 2003
When I started my first business, I found this book priceless: step-by-step instructions on how to keep business accounts and what accounts need keeping, and when to update them. Read morePublished on March 23 2002 by Marco Polo
This book contains a lot of good information. It is aimed towards people who don't have a background in accounting/recordkeeping...but who maybe know the basics. Read morePublished on June 28 2000
This book is excellent and well written for people who are NEW to bookkeeping/accounting for small business. Read morePublished on Aug. 18 1999
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