Summary

Accounts are just as important as any other aspect of a business, and can be crucial to its prosperity and even survival. If you're 'doing the books' you will be at the very heart of the business, with your hands firmly on the controls. You will be involved in the management of its assets and liabilities, its expenses and its profit margins. The more control you have over these, and the records and figurework on which they are based, the better you will be able to control your business. This thoroughly accessible book is suitable for sole traders, partnerships and limited companies and includes: choosing and using computerised bookkeeping software; VAT and taxation; double-entry book-keeping; paying the wages; preparing your annual accounts; the basics of keeping business records; accounting for loans, hire purchase and leasing.