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Bookkeeping All-in-One For Dummies, 2nd Edition
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Bookkeeping All-in-One For Dummies, 2nd Edition

by Lita Epstein, John A. Tracy
August 2019
Intermediate to advanced content levelIntermediate to advanced
608 pages
15h 28m
English
For Dummies
Content preview from Bookkeeping All-in-One For Dummies, 2nd Edition

Chapter 6

Computer Options for Bookkeeping

IN THIS CHAPTER

Bullet Finding the right accounting software for your business

Bullet Getting your computerized books up and running

Some small-business owners who have been around a while still do things the old-fashioned way: They keep their books in paper journals and ledgers. In this age of technology and instant information, however, the majority of today’s business owners computerize their books.

Computerized bookkeeping is not only easier but it minimizes the chance of errors because most of the work done in a computerized system’s ledgers and journals (see Book 1, Chapters 3 and 4, respectively) involves inputting data into forms that even someone without training in accounting or bookkeeping can understand. The person entering the information doesn’t need to know whether something is a debit or credit (see Book 1, Chapter 1 for an explanation of the difference) because the computerized system takes care of everything.

Mobile accounting also is becoming popular, with major accounting software packages now available as online tools that you can access from any mobile device. Companies with multiple locations, if they purchase an online accounting software package for multiple users, can allow employees to log on from anywhere and access a central ...

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Publisher Resources

ISBN: 9781119592907Purchase book