Bookkeeping Workbook For Dummies

Introduction 1

Part I: Exploring Bookkeeping Basics 5

Chapter 1: Deciphering the Basics 7

Chapter 2: Designing Your Bookkeeping System 19

Chapter 3: Sorting Out Your Business Road Map 33

Part II: Putting it All on Paper 47

Chapter 4: Looking at the Big Picture 49

Chapter 5: Journaling — The Devil’s in the Details 63

Chapter 6: Designing Controls for Your Books, Your Records, and Your Money 79

Part III: Tracking Day-to-Day Business Operations with Your Books 91

Chapter 7: Purchasing Goods and Tracking Your Purchases 93

Chapter 8: Calculating and Monitoring Sales 103

Chapter 9: Paying Your Employees 127

Chapter 10: Paying Employer Taxes and Completing Related Government Reports 141

Part IV: Getting Ready for Year’s (Or Month’s) End 149

Chapter 11: Depreciating Your Assets 151

Chapter 12: Paying and Collecting Interest 161

Chapter 13: Proving Out Your Books 173

Chapter 14: Checking and Correcting Your Books 185

Part V: Putting on Your Best Financial Face 201

Chapter 15: Showing Everything’s in Balance 203

Chapter 16: Proving Your Profits 221

Chapter 17: Doing Your Business Taxes 233

Chapter 18: Getting Ready for a New Bookkeeping Year 241

Part VI: The Part of Tens 249

Chapter 19: Top Ten Checklist for Managing Your Cash 251

Chapter 20: Top Ten Accounts You Should Monitor 255

Chapter 21: Top Ten Problems You Should Practice 259

Index 261