Are you an entrepreneur or small business owner looking to understand how cash flows in your business, but don't know where to start? Does accounting seem undecipherable and overwhelming?
If you answered yes to any of the questions above then this guide is just what you need.
In this guide, you're going to learn accounting, bookkeeping and finance in a way that is intuitive and just makes sense to non-accounting professionals. This book covers all the basic concepts of accounting that you need to know as a business owner.
In this book, you're going to discover:
- A definitive intro to the accounting equation for sole proprietors and enterprises
- How to completely understand the assets vs liabilities paradigm for your business
- All you need to know about stockholder's equity and calculate it
- The three types of accounting and how to determine the one best suitable for your business
- The eleven essential accounting principles you absolutely need to know about
- Step-by-step instructions to ensure your accounting complies with professional requirements
- Everything you need to know about financial statements and understand how money moves in your business
- How to set up vendors for paying your bills
- How to set up employees on your payroll
- How to create invoices, set up customer payments, etc
- How to stay up to date on taxes, regulations, and fees
- ...and lots more!
Whether you're a student, manager or entrepreneur, you're going to learn accounting in a way that's practical and natural and will help you become proficient with finances by the end of this book.