Book-Keeping Made Easy
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Product Description
Product Description
In their first year or two, more businesses fail because of insufficient financial control than for any other reason.This Guide aims to help by giving the small business owner an understanding of the fundamental principles of book-keeping explaining how to benefit from the information contained in accounting records. Author Roy Hedges provides a practical perspective on the subject, drawing on his extensive experience as a business owner and consultant.Areas covered in this Guide: Books, ledgers and their uses; Profit and loss accounts; Stock valuation; Balance sheets; Payroll calculation; Reconciliation; Budgeting and forecasting.
About the Author
Roy Hedges currently writes business guides for entrepreneurs and owner/managers of small businesses. He writes from extensive first-hand experience of starting, buying and selling businesses.
--This text refers to an out of print or unavailable edition of this title.
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews
Most Helpful Customer Reviews
51 of 52 people found the following review helpful
Format:Paperback
Written by a businessman, not by an accountant, this is a very easy read. And it's only 100 pages. It begins by demonstrating how keeping good records can help you build your business, then explains how helpful the taxman can be in maximising your profits. The first half of the book shows just how simple your records can be, never going into complexity without lots of "why do this?". The text is dotted throughout with little "Post-It" notes of key thoughts - you could almost read the book on these alone. The second half shows how to understand and interpret the end of year accounts, also covers payroll, budgets, cash-flow forecasts.
The clear message throughout is never hand over the running of your business to the accountant/book-keeper. Let them serve you. You retain control.
The book is not by any means a text book, and will not help trainee book-keepers and accountants with their exams. They should read this book anyway because it will bring them back to earth, reminding them of the point and purpose of what they are studying.
I'd have given it 5 stars but couldn't because it lacks precision from a true "accountant/book-keeper" viewpoint. The glossary is scant and the index is slim.
Anyone starting in business should regard this book just the same way as any of their trade manuals - core essential. It's also great for any business that is looking for ways to improve their success.
The clear message throughout is never hand over the running of your business to the accountant/book-keeper. Let them serve you. You retain control.
The book is not by any means a text book, and will not help trainee book-keepers and accountants with their exams. They should read this book anyway because it will bring them back to earth, reminding them of the point and purpose of what they are studying.
I'd have given it 5 stars but couldn't because it lacks precision from a true "accountant/book-keeper" viewpoint. The glossary is scant and the index is slim.
Anyone starting in business should regard this book just the same way as any of their trade manuals - core essential. It's also great for any business that is looking for ways to improve their success.
5 of 5 people found the following review helpful
Format:Paperback
I use this for teaching purposes but it is not a set text book. It is well laid out and has clear definitions. The sections that I use most for my KS4 and KS5 students are - chapter 1 book keeping and accounting explained, chapter 2 - keeping records for a small business, chapter 5 - final accounts, chapter 6 - budgets and cash flow forecasts and chapter 8 - putting accounting data to work which is mainly about ratios. It has the right sort of information for a general business student but those studying accountancy might want something more detailed.
68 of 76 people found the following review helpful
Format:Paperback
I tried not to rate the item, but Amazon insist I give it at least one star. Don't let that fool you.
According to the description, "The aim of this book . . . is to provide the new business owner with an understanding of the fundamental principles of book-keeping, showing them how to set up accounts and how to benefit from the information they contain. The book includes procedures for the sole proprietor and small business, accounting for growing businesses, double-entry book-keeping, ledgers, payroll and final accounts."
It does not do this. The book tries to cover too much ground in too simplistic a manner. The title suggests that it makes book-keeping easy. If it suggested making it understandable, that would be a different matter. It's not a bad a dictionary of accounting terms.
However, the idea that the book teaches you how to keep your accounts in a simple way is not correct. There is insufficient explanation of procedures and no useful worked examples that follow a transaction through from start to finish. As a story about book-keeping, it's not bad; but as an instruction manual, it's a complete failure. Don't waste your time or money.
If you want to understand book-keeping and set up your own accounts, ready for presentation to your accountant, go for either FTC Kaplan's "Practical Book-keeping Study Text" at £10, or BPP's "Basic Book-keeping" at £5.95. They are much better value.
According to the description, "The aim of this book . . . is to provide the new business owner with an understanding of the fundamental principles of book-keeping, showing them how to set up accounts and how to benefit from the information they contain. The book includes procedures for the sole proprietor and small business, accounting for growing businesses, double-entry book-keeping, ledgers, payroll and final accounts."
It does not do this. The book tries to cover too much ground in too simplistic a manner. The title suggests that it makes book-keeping easy. If it suggested making it understandable, that would be a different matter. It's not a bad a dictionary of accounting terms.
However, the idea that the book teaches you how to keep your accounts in a simple way is not correct. There is insufficient explanation of procedures and no useful worked examples that follow a transaction through from start to finish. As a story about book-keeping, it's not bad; but as an instruction manual, it's a complete failure. Don't waste your time or money.
If you want to understand book-keeping and set up your own accounts, ready for presentation to your accountant, go for either FTC Kaplan's "Practical Book-keeping Study Text" at £10, or BPP's "Basic Book-keeping" at £5.95. They are much better value.
Most Recent Customer Reviews
Straightforward clear advice for simple bookkeeping.
Bought this book as I started a small import-trading business based in Germany.
Needed a simple reference book which explains sales ledgers, expenditure, petty
cash, VAT... Read more
Needed a simple reference book which explains sales ledgers, expenditure, petty
cash, VAT... Read more
Published 3 months ago by Bronwen Johnston
Easy read
I bought this book out of necessity than of interest and was pleasantly suprised by the lucid and easy-flowing explanations about book-keeping. Read more
Published 4 months ago by LouiseG
very good service
very quick and smooth purchase. the book though not very useful:)someone who never has accounting will be find difficult to understand what is about. Read more
Published 8 months ago by me
Book-Keeping Made Easy
The description of the book was very accurate and the book was delivered within two days of ordering, it is exactly what I expected and after reading the relevant chapters I have... Read more
Published 9 months ago by Dance
not recommend
since buying this book i have been getting at least 5 e mails a day selling courses wouldn`t recommend
Published 22 months ago by gkc
Very good buy!
This was a replacement book; lent my other one out but never returned. Always good for reference.
Published on 21 Mar 2010 by Ad Keogh
bookkeeping book
I am very pleased with my book, it is very helpfull.
Thank you, jan.
Thank you, jan.
Published on 10 Mar 2009 by J. Blackwell
Good value for a business rough guide to your first bookkeeping book
Wanted a book that gave a lay persons guide to book keeping. Explains things well enough for a complete novice to come away with an idea of the basics of book keeping. Read more
Published on 30 Oct 2008 by A.Student
A helpful first step
I run my own mobile hairdressing business and bought this book and have found it very helpful in teaching me the first steps I need to take in running my own business accounts. Read more
Published on 30 Aug 2006 by suzieb
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