As we age, there are so many experiences and so much expertise that we gather along the way. Although we may not think those things are valuable, other people need our knowledge. It’s our responsibility to share what we’ve learned. 85-year-old Eleanor McCallum has learned that lesson and now we can benefit. The following is an article written by her. I hope it motivates you to go and do likewise.
Many years ago I started a bookkeeping career, long before there were computer programs to do the necessary calculations automatically. Double entry bookkeeping was used at that time with large journals and ledgers for the accounts, which consisted of purchases, sales, inventory and a general journal. Each business transaction was manually recorded in a journal consisting of several individual pages. The transaction and cost, broken down into base price, taxes and whatever else needed to be specified was recorded on its specific page.
These expenses and amounts would then be copied to a general ledger where there would be several pages headlined with their respective categories. At the end of each accounting period it would be necessary to manually total the expenses for each category and transfer these totals to a balance sheet and profit & loss statement. That type of manual bookkeeping could only be enjoyed by someone who wanted to learn all of the ins and outs of bookkeeping and perhaps find a better way to facilitate all of this.
When computerized bookkeeping and accounting programs came on the scene, I definitely wanted to be able to use them. Then everything could be automatically delivered to its proper location in the company books, quickly and efficiently. Accpac and then QuickBooks were two programs that I learned to use to advance my bookkeeping practices.
Quickbooks Easy Start is set out in such a way that a person with no bookkeeping experience can begin using it immediately. It tells you how to set up your business, explains money in and the related sales receipts, deposits and how to accept credit cards.
Money out, explains writing checks, recording expenses, issuing refunds and paying employees. In the your business section, customers and vendors with all related information can easily be recorded, then lists are created so you can go back in to any account to make adjustments.
My step by step guide to help new users with QuickBooks Easy Start for their home based businesses is available right now. This guide features screen shots and easy to follow instructions for each step. I really enjoyed compiling it and hope others will want to read it.
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