Part I

Basic Bookkeeping: Why You Need It

In this part . . .

Not sure why bookkeeping is important? In this part, I explain the basics of how bookkeeping works and help you get started with the task of setting up your books.

This part also exposes you to terms that you may already know but that have a unique meaning in the world of bookkeeping, such as ledger, journal, posting, debit, and credit. Finally, I start you on your bookkeeping journey by showing you how to set up the road map for your books, the Chart of Accounts.