Bookkeeping Guidebook: Second Edition

Author: Steven Bragg


Book Description
A startup business or small company may have no formal accounting system in place, which leads to endless difficulties with record keeping and producing reliable financial statements. The Bookkeeping Guidebook eliminates these problems by showing how to set up and operate a double entry accounting system, create journal entries, and record information in a general ledger. With this framework in place, the book also discusses how to issue billings, process cash receipts, calculate depreciation, value inventory, pay employees and suppliers, file tax returns, and produce financial statements. In short, this is the desk reference needed by anyone who wants to create or operate an accounting system. [321 pages]

Table of Contents

Part I - Bookkeeping Essentials
Chapter 1. The Bookkeeper Position
Chapter 2. Bookkeeping Basics
Chapter 3. The Chart of Accounts
Chapter 4. The Ledger Concept
Chapter 5. Closing the Books
Chapter 6. The Financial Statements
Chapter 7. Interpretation of Financial Statements
Chapter 8. Bookkeeping Controls

Part II - Bookkeeping Operations
Chapter 9. Sales and Collection Activities
Chapter 10. Cash Processing
Chapter 11. Payables Processing
Chapter 12. Inventory Accounting
Chapter 13. Fixed Assets and Depreciation
Chapter 14. Debt Accounting
Chapter 15. Payroll Activities
Chapter 16. Payroll Taxes
Chapter 17. Income Tax Filings