August 2025
Beginner
352 pages
8h 38m
English
Content preview from Bookkeeping For Dummies, 3rd Edition
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Chapter 1
So, You Want to Do the Books
IN THIS CHAPTER
Introducing bookkeeping and its basic purpose
Maintaining a paper trail
Managing daily business finances
Making sure everything is accurate
Putting on a financial show
Few small business owners actually hire accountants to work full time for them. For many small businesses, that expense is probably too great, so instead, the owner hires a bookkeeper to keep track of the business’s month-to-month financials. In return, the accountant helps the bookkeeper develop good bookkeeping practices and reviews their work periodically (usually monthly).
In this chapter, I provide an overview of a bookkeeper’s work. If you’re just starting a business, you may be your own bookkeeper for a while until you can afford to hire one, so think of this chapter as your to-do list.
Delving into Bookkeeping Basics
Like most businesspeople, you probably have great ideas for running your own business and just want to get started. You don’t want to sweat ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.