No matter the age of your business or the role you play in the business, it is very necessary for you to know bookkeeping. As a business owner, the knowledge of bookkeeping will help you in making important decisions about your business and your personal finances.
Why Learn Accounting Bookkeeping
Without bookkeeping, you are simply doing business with hope, you keep struggling always hoping that things will get better, you don't know how much profit you are making you are just hoping that you are making a profit.
Although bookkeeping might be a little boring to some people, those who have the knowledge enjoy the benefits of bookkeeping.
Bookkeeping helps you identify where you should cut cost and where to make an investment in your business
Bookkeeping will give you full control of your business
Bookkeeping gives you insight into what part is working or not working in your business
Bookkeeping gives you confidence in your finances
What will you learn?
Business
This chapter explains the meaning of a business
Accounting
This chapter defines what is Accounting
Accounting Role?
What role does accounting play in a business?
Purpose of accounting
Purpose of accounting and why you need it for your business
Financial Information
Who Use Financial Information and Purpose?
Accounting Concepts
Basic Accounting Concept and how you can relate it to your business
Characteristics
Qualitative Characteristics of Accounting
Equation
You will learn the Accounting Equation
Terminology
Accounting Terminology and how you can relate it to your business
Types of Account
You will learn types of account and how to use them for your business
Chart of Accounts
How to set up a chart of accounts
Balance Sheet
How to set up a balance sheet
T-accounts
What is the T-accounts
Debit & Credit Rules
How to apply Debit & Credit Rules in your business
Single-entry vs Double-entry
Comparison between single-entry vs double-entry accounting
Double Entry
What is double-entry accounting and how to apply it to your business?
Rules of debit & credit
Understand the rules of debit & credit in Accounting
Accounting methods?
What are accounting methods?
Mistakes to Avoid
The mistakes you must avoid in bookkeeping, so you won't do any embarrassing moves
Cashbook
What is Cashbook and how to use it?
Meet the author
Hillary A. Marcel is an industry expert in software development and implementation. I have designed and stabilize internal processes and control through an effective Management Information System. I have over 12 years of experience in data management and control in the financial inclusion industry and in the retail sector.
What format Is The Book?
When you order this book from our website you will get a PDF version. It is also available in kindle edition when you order on Amazon.
We provide a PDF version to make it easier for you to get it fast and also simplify printing out of a hard copy
How do I order?
You can order this book on our website or from the Amazon web store.
But you can also send me a message on WhatsApp +2348067139080 to Order the book directly from me
