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. |
Most people who are in business for the first time wrongly think that book-keeping is an unnecessary and unpleasant chore, done just for the taxman. But there are benefits to it, as a skilled accountant will be able to use your books to minimise the tax liability for your business and your paperwork should give you an accurate gauge of its financial health.
Written by Roy Hedges from the point of view of a business owner and not a qualified accountant, this book shows you how to set up simple accounting records and explains the jargon used in the profession. It also demonstrates the practical ways you can use the information stored in your business accounts. Topics covered include double-entry book-keeping, reconciliation, VAT, ledgers, budgets, cash flow forecasts, payroll and final accounts.
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