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

Summary


We learned a lot in this chapter about importing transactions into GnuCash as well as exporting transactions from GnuCash.

Specifically, we covered:

  • Using your smartphone: We looked at two different formats in which you can save the transactions in your smartphone and then sync it or upload it to your PC and then import that into GnuCash.

  • Using a third-party expense tracking service: We learned how to make use of a third-party expense tracking service to send transactions and then bring them into GnuCash.

  • Migrating from other accounting software to GnuCash: We covered the various formats and processes available to migrate from other accounting software to GnuCash.

  • Exporting transactions from GnuCash: We saw that there were two ways available to export transactions out of GnuCash.

Now that we've covered all of the features that will be of use to most normal users of GnuCash, we're ready to look at some of the advanced features of GnuCash – which is the topic of the next chapter.

1 QuickBooks...