In this book, I take you through the continuous cycle of bookkeeping, which begins with setting up your company’s books, developing a list of your company’s accounts (Chart of Accounts; see Chapter 3), developing your company’s General Ledger (which summarizes all the activity in a company’s accounts; see Chapter 4), and developing your company’s journals (which give details about all of a company’s financial transactions; see Chapter 5). Then I take you through the process of recording all your transactions — sales, purchases and other financial activity. I also talk
about how to manage payroll, governmental reporting, and external financial reporting.
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