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

Chapter 7. Budget: Trip Planner for your Business

"Most owners seem to feel that learning how to budget is more frustrating than just hoping the numbers will all work out, if only they sell enough widgets." – extracted from a web article offering tips for small business owners.

You were telling me about this great Trip Planning website, which lets you select the following options for a road trip once you select the origin and destination anywhere in US or Canada:

  • Select your route preferences

    • Avoid tolls

    • Favor scenic roads

  • Select facilities

    • Lodging quality

    • Camping

    • National parks

    • Travel stops: gas, food, restrooms

Once you have made the selections, they produce a personal trip itinerary for you. They mark out roads with steep grades and roads with HOV restrictions. They calculate distance in miles and budgeted time for each leg. As an added bonus, they throw in tips on how to keep your pet happy, safe, and comfortable on the trip. That was for a trip involving a week of your time, costing a couple...