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Product Description
Intended for the small business owner with no knowledge of, or real interest in, book keeping and accountancy, this guide can be used by the smallest of businesses - part-time as well as full-time - and by those with no aptitude for figures. Avoiding jargon and confusing language, it provides practical examples of real businesses to show, step-by-step, how to record each transaction. It offers an alternate system to double-entry bookkeeping which, the book argues, is overly complex, open to error and very time consuming. There is also extensive advice on pricing goods and services, including the mistake of underpricing which is common among smal businesses.
About the Author
Mike Truman is a chartered accountant and fellow of the Chartered Institute of Taxation, as well as a professional writer in accountancy and taxation.
Intended for the small business owner with no knowledge of, or real interest in, book keeping and accountancy, this guide can be used by the smallest of businesses - part-time as well as full-time - and by those with no aptitude for figures. Avoiding jargon and confusing language, it provides practical examples of real businesses to show, step-by-step, how to record each transaction. It offers an alternate system to double-entry bookkeeping which, the book argues, is overly complex, open to error and very time consuming. There is also extensive advice on pricing goods and services, including the mistake of underpricing which is common among smal businesses.
About the Author
Mike Truman is a chartered accountant and fellow of the Chartered Institute of Taxation, as well as a professional writer in accountancy and taxation.
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