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In 2006 this is unacceptable and possibly negligent advice.
Use a spreadsheet at a minimum, at least then you can create backups.
The book would be fine if you wish to have the pain of record keeping and accounts by hand, or it were still the 1950s, but it isn't and there is no need to perpetuate the out-dated and laborious methods cited in this book.
I'm going to look instead for a book about computerized accountancy.
This book is the best of the many available. It won’t scare you - you’ll learn a great deal and build confidence.
It's clear and comprehensive. It also addresses finance and accounting matters and the record keeping you need in relation to both of these.
It also briefly addresses various available pre-printed paper record keeping books and book-keeping software and offers guidance on where to get these.
I found it invaluable when preparing to get my small retail business off the ground (I read it twice beforehand) and I still use it as a reference work.
This is a newly updated edition of a book I found indispensable.
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