Wednesday, September 24, 2008

Introduction to Simplistic Accounting

I've created this blog for everyone who is new to the business world and would like more information on accounting and ways to keep the paperwork in control. Most people find themselves jumping into a new business venture and have NO clue what information will be needed at year's end for tax purposes and financial reporting.

I have worked full time for an accounting and tax service specializing in small businesses for over 10 years now and have picked up some very valuable tools which I would be happy to share with you. I started out at entry level data entry and now have been promoted to Data Processing Manager and Payroll Specialist. I have worked full time directly under an accounting professional who is well regarded in this field, highly skilled and trained and actively participates in accounting societies locally and on the state level. The knowledge and experience I have gleaned from my position over the past 10 years is priceless and will make for many strong and interesting posts in the future of this blog, so please come back frequently to discover more ways of staying ahead of the accounting game.

Here is a brief list of just some of the topics we will cover:
  • Payroll 101
  • Accounting 101
  • Software recommendations
  • Staying organized
  • Knowing when to get professional help
  • Benefits of financial statements
  • Balancing your business checkbook
  • Budgets
  • Tax issues
  • Year end forms to file
  • Tax payment deadline reminders
Thanks for visiting, please feel free to comment and ask questions at any time. Remember, accounting does not have to be complicated. With a few tips and tricks, you will be on your way in no time to a stress-free accounting system that works for you!

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