I second that. Once you get your head around double entry accounting it's actually quite simple and logical. I actually started with one of the NewViews manuals that did an excellent job (imo) of explaining the processes.
Darren Wiebe [email protected] Chris Travers wrote: > 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 > ------------------------------------------------------------------------------ _______________________________________________ Ledger-smb-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
