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Book-Keeping Made Easy

Roy Hedges

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If you are starting a business, this book explains how to set up your accounts. It also explains how to use these accounting records to obtain valuable information on your business.

Format: Paperback
ISBN: 9781905261420
Price: £10.99 

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About this book Chapter index Information & help

About this book

More businesses fail in their first year or two because of insufficient financial control than for any other reason. This book provides the new business owner with an understanding of the fundamental principles of book-keeping, showing how to set up accounts and explaining how to benefit from the information they contain. 

Most people who are in business for the first time wrongly believe that setting up a set of books is an unnecessary and unpleasant chore that they must undertake simply for the taxman. However, there are benefits to it, as a skilled accountant will be able to use them 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 businessman and not a qualified accountant, this book not only shows you how to simply and easily set up accounting records and explains the jargon used in the profession but it also demonstrates the practical uses to which a go-ahead businessperson can put the information stored within the accounts of a business. Topics covered include double-entry book-keeping, reconciliation, VAT, ledgers, budgets, cash flow forecasts, payroll and final accounts.

Product details

Edition: Third   Published 2006
Format: Paperback   ISBN: 9781905261420
Code: B716   Price: £10.99
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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. Besides addressing manufacturing and trade association gatherings and small business forums on various business topics, he has broadcast on BBC Radio Essex.
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Chapter index

  1. Book-keeping & accounting explained
  2. Keeping records for the small business
  3. Reconciliation & VAT
  4. Accounting for growing businesses
  5. Final accounts
  6. Budgets & cash flow forecasts
  7. Payroll
  8. Putting accounting data to work
  9. Partnership accounts & tax cutting tips
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Information & help

Legal glossary

The legal glossary provides definitions of legal terms in plain English.

Find a lawyer

Complicated legal issues should always be referred to a qualified solicitor. Search for local legal advice here.

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