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Gnucash 2.4 Small Business Accounting: Beginner's Guide

Gnucash 2.4 Small Business Accounting: Beginner's Guide

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Gnucash 2.4 Small Business Accounting: Beginner's Guide

Gnucash 2.4 Small Business Accounting: Beginner's Guide

4 (25)

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)
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Gnucash 2.4 Small Business Accounting
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
Index

Time for action – using a smartphone to save expense data


Let's say that you have expenses saved in your smartphone in a spreadsheet application. You would like to import these transactions into GnuCash.

  1. Prerequisites: A smartphone with a spreadsheet application. You have saved a few cash transactions in the spreadsheet application.

  2. Connect your phone to your PC and upload the spreadsheet file. You can upload to any popular spreadsheet of your choice such as OpenOffice.org4 Calc or Excel2 or Google Docs3.

  3. Open the spreadsheet in your PC and save the data in a CSV (Comma Separated Values) format. OpenOffice.org Calc and Excel will you give you an option in the Save As dialog to choose a type. Google Docs has a Download As CSV option for its spreadsheet.

  4. When you have completed the preceding step, you should have a file named expenses.csv in your PC with the saved data.

    Note

    Make sure that you delete the header, if there are any in the spreadsheet, before saving the data in CSV format. If there...

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