On Tue, Mar 10, 2009 at 6:36 AM, Roderick A. Anderson <[email protected]> wrote: > Searched the forums at ledgersmb.info and tried the lists at sourceforge > but came up with nothing much or useful so I'm asking. > > What are your recommendations for books on basic accounting and/or > bookkeeping that would play well with LSMB? Heck, are there any?
Just about any decent accounting books should be OK. > > What I'm thinking of is something the Sole Proprietor with very little > understanding of accounting could use get started. Ok, this assumes an American audience..... This may vary if you live in a country with odd accounting rules on a local level and/or new regulations which affect small business's financial accounting. My recommendation is: Go to used bookstores and garage sales and pick up some textbooks that seem understandable to you. Don't worry about them being recent because the key thing to understand is how things are done on paper. If you can fall back to figuring out a transaction on paper, you can always handle the rest of it. The first book I got (when I started my business) was AVT(R) Practical Accounting, Second Edition, printed in 1982. I bought it at a garage sale. The sections on accounting software are quite amusing because they represent the state of computing in 1982, but the math really hasn't changed much outside of some new regulations (like SOX) and board rulings which are well beyond the scope of interest for a sole proprietor. The basic principles of financial accounting and the broad outline of methods have not changed much in recent history. This is where you need to start anyway. Once you get a grounding in these it is easier to understand issues that customers with additional rules have to deal with..... Hope this helps, Chris Travers ------------------------------------------------------------------------------ _______________________________________________ Ledger-smb-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
