Book Image

Gnucash 2.4 Small Business Accounting: Beginner's Guide

4 (1)
Book Image

Gnucash 2.4 Small Business Accounting: Beginner's Guide

4 (1)

Overview of this book

Attention, small business owners! Stop tax-day stress. Stop procrastinating with a shoebox full of receipts. Stop reinventing the wheel with a spreadsheet. Stop making decisions simply on a hunch. Stop wasting money on software that is overkill. Start by downloading GnuCash and getting your accounts in order. Designed to be easy to use, yet powerful and flexible, GnuCash allows you to track bank accounts, income, and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports. You can do it and Gnucash 2.4 Small Business Accounting Beginner's Guide will help you get up and running with maintaining your accounts. Gnucash 2.4 Small Business Accounting Beginner's Guide speaks business language, not accountant-speak, because it is written by a former small business owner. It guides you to use GnuCash from scratch with step-by-step tutorials without jargon, pointing out the gotchas to avoid with lots of tips. It will teach you to work on routine business transactions while migrating transaction data from other applications gradually. You will be able to keep on top of transactions and run reports after reading just three chapters! Beyond Chapter 3, it is up to you how far you want to go. Reconcile with your bank and credit card statements. Charge and pay sales tax. Do invoicing. Track payments due. Set up reminders for bills. Avoid stress at tax time. Print checks. Capture expenses using your mobile phone. Gnucash 2.4 Small Business Accounting Beginner's Guide gives you the power. Know your numbers. Make decisions with confidence. Drive your business to its full potential.
Table of Contents (20 chapters)
Gnucash 2.4 Small Business Accounting
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
Index

Time for action – backing up your data


You are going to make a backup of your accounting data in a removable media from your office computer and store it at your home location. Your goal is to be able to restore your books of accounts, if your business computer is stolen or damaged entirely.

  1. Prerequisites: Please keep a USB flash drive handy to make a backup copy of files and folders.

  2. Find the directory where you created your books of accounts and find the main accounts file. In our case, the file we need is MACS (with the .gnucash extension or without any file name extension). When viewed in Windows Explorer, it will appear as shown in the next screenshot.

  3. Make a copy of this MACS file on your USB flash drive.

  4. Next, find your Documents and Settings folder. Here you will find a folder with your username. Open this folder and you will find folders named .gconf and .gnucash, as shown in the next screenshot.

  5. Copy these two folders also onto the USB flash drive.

  6. Take this USB flash drive with you...