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Keeping the Books : Basic Record Keeping and Accounting for the Successful Small Business (Keeping the Books)
by Dearborn Trade, a Kaplan Professional Company
Keeping the Books : Basic Record Keeping and Accounting for the Successful Small Business (Keeping the Books) - Click to Enlarge
Avg. Rating: 2.8 of 5 stars (based on 5 reviews)
$9.70 to $22.95 from 7 stores
Most entrepreneurs enter new ventures because they know something about products or retail or sales and mar… Read more
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Product Description
Keeping the Books : Basic Record Keeping and Accounting for the Successful Small Business (Keeping the Books)
Book Description
Most entrepreneurs enter new ventures because they know something about products or retail or sales and marketing. Despite a burning passion for their new businesses, entrepreneurs will not succeed unless they learn to keep their financial records in order. While even the largest corporations can suffer from financial myopia, new business owners are especially challenged.

Fortunately there are some simple principles that set the stage for success to help business owners get their arms around bookkeeping basics. Over the years, hundreds of thousands of business owners have benefited from the practical and easy-to-use concepts in Keeping the Books.

In this new and updated sixth edition, financial expert and entrepreneur Linda Pinson shares a time-tested recipe for mastering record-keeping essentials. Generously illustrated with sample forms and worksheets, including up-to-date IRS forms for small businesses, this new edition provides comprehensive hands-on tools to:
* Set up effective record-keeping systems and keep the right records.
* Prepare financial statements that show where the business stands.
* Analyze cash flow and important financial benchmarks with ease.
* Keep adequate records to prevent tax time disasters and maximize profits.
* Learn to distinguish an employee from an independent contractor.

Including a business resource section and glossary of accounting terms, along with proven processes for smart financial record keeping, this one-stop guide lets even the financially challenged grasp the basics.

Customer Reviews
2 out of 4 people found the following review helpful:
1 of 5 stars  Save your money; don't buy this book.
Sunday, March 20, 2005
Considering the high cost of this book, it was definitely not worth it. Most of the information in this book could have been accessed for free through the IRS. I should have paid attention to the negative reviews that were written by other people to not buy this book. In addition, the entire book deals with single-entry bookkeeping. It tells you that you should hire an accountant or a professional payroll firm to do other types of bookkeeping. Most people like myself, who buy self-help books, are financially challenged, and buy these books to learn how to do everything themselves. We cannot afford to hire outside help.

23 out of 24 people found the following review helpful:
2 of 5 stars  Not that much information
Sunday, April 25, 2004
Based on some of the glaring reviews, I was really expecting a superior book here. What I got wasn't even good for the green as green novice.

I was anxious to read the tax information since some reviewers had noted how great that was, but alas, I found it to be note much different from what I get from the IRS or even by reading basic tax forms...FOR FREE!

I'd pass on this one.


28 out of 29 people found the following review helpful:
3 of 5 stars  Good to average accounting book
Wednesday, April 14, 2004
This bookisn't bad for somebody who is completely new to accounting, but I found it average for anyone with any modicumof experience. Might be good for people with C-Corporations, but not for people with S-Corporations.

60 out of 68 people found the following review helpful:
3 of 5 stars  Okay for someone new
Sunday, July 06, 2003
Most og the context in Keeping the books is either basic or outdated. If you are brand new or like I was, lousy at organization, you will find an idea or two from Keeping The Books.

20 out of 60 people found the following review helpful:
5 of 5 stars  Bookkeeping for dummies - brilliant!
Sunday, March 24, 2002
When I started my first business, I found this book priceless: step-by-step instructions on how to keep business accounts and what accounts need keeping, and when to update them. The appendix contains templates of all the major records needed for a small business. For someone who knew nothing this was a real lifebelt. Very easy to read, and immediately useful.

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