SlideShare a Scribd company logo
1 of 17
Importance of Good Records   Birmingham Small Business  Networking & Marketing Group
Are your receipts in a shoebox? ,[object Object],[object Object],[object Object]
This is  YOUR  business ,[object Object],[object Object],[object Object],[object Object]
Monitoring the success or failure of your business   ,[object Object]
Providing the information you need to make decisions   ,[object Object],[object Object]
Obtaining bank financing   ,[object Object],[object Object]
Obtaining other sources of capital   ,[object Object],[object Object],[object Object]
Budgeting ,[object Object],[object Object],[object Object]
Preparing your income tax return   ,[object Object],[object Object],[object Object]
[object Object]
Complying with federal and state payroll tax rules.   ,[object Object],[object Object]
[object Object]
Submitting sales taxes   ,[object Object]
Distributing profits ,[object Object],[object Object]
Unless your business is accounting or bookkeeping, keeping financial records is probably not what you do best.  ,[object Object],[object Object],[object Object]
Coleman & Company LLC ,[object Object],[object Object]
Contact Information ,[object Object],[object Object],[object Object]

More Related Content

What's hot

Basic bookkeeping terms sbdc
Basic bookkeeping terms sbdcBasic bookkeeping terms sbdc
Basic bookkeeping terms sbdcAnita R Johnson
 
Accounting for non accounting professionals
Accounting for non accounting professionalsAccounting for non accounting professionals
Accounting for non accounting professionalsMunir Ahmad
 
Basics of accounting
Basics of accountingBasics of accounting
Basics of accountingsrajpatnaik
 
Basic accounting principles
Basic accounting principlesBasic accounting principles
Basic accounting principlesUmar Gul
 
Branches of accounting
Branches of accountingBranches of accounting
Branches of accountingAnitaAguirre4
 
Rules of debit and credit
Rules of debit and creditRules of debit and credit
Rules of debit and creditpawanrajput911
 
Chapter 1: Fundamentals of Accounting
Chapter 1: Fundamentals of AccountingChapter 1: Fundamentals of Accounting
Chapter 1: Fundamentals of AccountingAfzalur Rahman
 
Accounting Concepts and Principles
Accounting Concepts and PrinciplesAccounting Concepts and Principles
Accounting Concepts and Principlescrsgaspar
 
Introduction To Accounting
Introduction To AccountingIntroduction To Accounting
Introduction To AccountingYousef Hani
 
Chapter 2: branches of accounting
Chapter 2: branches of accountingChapter 2: branches of accounting
Chapter 2: branches of accountingElmo Bautista
 
Users of Accounting Information
Users of Accounting InformationUsers of Accounting Information
Users of Accounting InformationEdmerConstantino
 
5 MAJOR ACCOUNTS WEEK 5.pptx
5 MAJOR ACCOUNTS WEEK 5.pptx5 MAJOR ACCOUNTS WEEK 5.pptx
5 MAJOR ACCOUNTS WEEK 5.pptxJenniferDeLeon51
 

What's hot (20)

Book Keeping For Beginners
Book Keeping For BeginnersBook Keeping For Beginners
Book Keeping For Beginners
 
Basic bookkeeping terms sbdc
Basic bookkeeping terms sbdcBasic bookkeeping terms sbdc
Basic bookkeeping terms sbdc
 
Accounting for non accounting professionals
Accounting for non accounting professionalsAccounting for non accounting professionals
Accounting for non accounting professionals
 
Basics of accounting
Basics of accountingBasics of accounting
Basics of accounting
 
Basics Of Accounting & Book Keeping
Basics Of Accounting & Book KeepingBasics Of Accounting & Book Keeping
Basics Of Accounting & Book Keeping
 
Basic accounting principles
Basic accounting principlesBasic accounting principles
Basic accounting principles
 
Book keeping
Book keepingBook keeping
Book keeping
 
Branches of accounting
Branches of accountingBranches of accounting
Branches of accounting
 
Rules of debit and credit
Rules of debit and creditRules of debit and credit
Rules of debit and credit
 
Chapter 1: Fundamentals of Accounting
Chapter 1: Fundamentals of AccountingChapter 1: Fundamentals of Accounting
Chapter 1: Fundamentals of Accounting
 
Account
AccountAccount
Account
 
Accounting Concepts and Principles
Accounting Concepts and PrinciplesAccounting Concepts and Principles
Accounting Concepts and Principles
 
Introduction To Accounting
Introduction To AccountingIntroduction To Accounting
Introduction To Accounting
 
FABM 1 Book of Accounts
FABM 1 Book of AccountsFABM 1 Book of Accounts
FABM 1 Book of Accounts
 
Incomplete records
Incomplete recordsIncomplete records
Incomplete records
 
Chapter 2: branches of accounting
Chapter 2: branches of accountingChapter 2: branches of accounting
Chapter 2: branches of accounting
 
2. branches of accounting
2. branches of accounting2. branches of accounting
2. branches of accounting
 
Users of Accounting Information
Users of Accounting InformationUsers of Accounting Information
Users of Accounting Information
 
Basic accounting and financial management
Basic accounting and financial managementBasic accounting and financial management
Basic accounting and financial management
 
5 MAJOR ACCOUNTS WEEK 5.pptx
5 MAJOR ACCOUNTS WEEK 5.pptx5 MAJOR ACCOUNTS WEEK 5.pptx
5 MAJOR ACCOUNTS WEEK 5.pptx
 

Similar to Bookkeeping Presentation

Professional and Accountant
Professional and AccountantProfessional and Accountant
Professional and AccountantRai Sajid Ali
 
Accounting Services What You Need to Know!.ppt
Accounting Services What You Need to Know!.pptAccounting Services What You Need to Know!.ppt
Accounting Services What You Need to Know!.pptcontacttaxzona
 
Is Accounting just for Compliance?
Is Accounting just for Compliance?Is Accounting just for Compliance?
Is Accounting just for Compliance?Joyce Lim
 
Bookkeeping for Business Success
Bookkeeping for Business SuccessBookkeeping for Business Success
Bookkeeping for Business SuccessSummerEllsworth
 
11 Practical Tips for Accounting & Bookkeeping for Small Business
11 Practical Tips for Accounting & Bookkeeping for Small Business11 Practical Tips for Accounting & Bookkeeping for Small Business
11 Practical Tips for Accounting & Bookkeeping for Small BusinessElevar Accounting
 
Why Accounting is Important for Business Growth?
Why Accounting is Important for Business Growth?Why Accounting is Important for Business Growth?
Why Accounting is Important for Business Growth?Super 20 Training Institute
 
BOOKEEPING PRESENTATION EXPLAIN.pptx
BOOKEEPING PRESENTATION EXPLAIN.pptxBOOKEEPING PRESENTATION EXPLAIN.pptx
BOOKEEPING PRESENTATION EXPLAIN.pptxMARKEF
 
Bookkeeping_ Your Ally in Tax Compliance and Optimization - Google Docs.pdf
Bookkeeping_ Your Ally in Tax Compliance and Optimization - Google Docs.pdfBookkeeping_ Your Ally in Tax Compliance and Optimization - Google Docs.pdf
Bookkeeping_ Your Ally in Tax Compliance and Optimization - Google Docs.pdfJames Forootan
 
Accountant Vs Bookkeeper – Understanding the Difference
Accountant Vs Bookkeeper – Understanding the DifferenceAccountant Vs Bookkeeper – Understanding the Difference
Accountant Vs Bookkeeper – Understanding the DifferenceOutbooks Ireland
 
Find Best Entertainment CPA
Find Best Entertainment CPAFind Best Entertainment CPA
Find Best Entertainment CPAlosangelescpa
 
Accounting Steps to get your startup on track
Accounting Steps to get your startup on trackAccounting Steps to get your startup on track
Accounting Steps to get your startup on trackFaith Audi
 
What are Financial Accounting Services and What services are rendered in it.pdf
What are Financial Accounting Services and What services are rendered in it.pdfWhat are Financial Accounting Services and What services are rendered in it.pdf
What are Financial Accounting Services and What services are rendered in it.pdfAffinity Associates Limited
 
What is Accounts Payable.pdf
What is Accounts Payable.pdfWhat is Accounts Payable.pdf
What is Accounts Payable.pdfOutbooks
 
Simply Accounting
Simply Accounting Simply Accounting
Simply Accounting simplyacctg
 
cashflow-120806142734-phpapp01.pdf
cashflow-120806142734-phpapp01.pdfcashflow-120806142734-phpapp01.pdf
cashflow-120806142734-phpapp01.pdfSumitPanchal58
 
Creating a Budget for Your Business
Creating a Budget for Your BusinessCreating a Budget for Your Business
Creating a Budget for Your BusinessSimonAllsop3
 
Financial Management for Entrepreneurs ~ Simplified
Financial Management for Entrepreneurs ~ SimplifiedFinancial Management for Entrepreneurs ~ Simplified
Financial Management for Entrepreneurs ~ SimplifiedMerapi Indah Sdn Bhd
 

Similar to Bookkeeping Presentation (20)

Hamid
HamidHamid
Hamid
 
Professional and Accountant
Professional and AccountantProfessional and Accountant
Professional and Accountant
 
Hamid
HamidHamid
Hamid
 
Accounting Services What You Need to Know!.ppt
Accounting Services What You Need to Know!.pptAccounting Services What You Need to Know!.ppt
Accounting Services What You Need to Know!.ppt
 
Is Accounting just for Compliance?
Is Accounting just for Compliance?Is Accounting just for Compliance?
Is Accounting just for Compliance?
 
Bookkeeping for Business Success
Bookkeeping for Business SuccessBookkeeping for Business Success
Bookkeeping for Business Success
 
11 Practical Tips for Accounting & Bookkeeping for Small Business
11 Practical Tips for Accounting & Bookkeeping for Small Business11 Practical Tips for Accounting & Bookkeeping for Small Business
11 Practical Tips for Accounting & Bookkeeping for Small Business
 
Why Accounting is Important for Business Growth?
Why Accounting is Important for Business Growth?Why Accounting is Important for Business Growth?
Why Accounting is Important for Business Growth?
 
BOOKEEPING PRESENTATION EXPLAIN.pptx
BOOKEEPING PRESENTATION EXPLAIN.pptxBOOKEEPING PRESENTATION EXPLAIN.pptx
BOOKEEPING PRESENTATION EXPLAIN.pptx
 
Bookkeeping_ Your Ally in Tax Compliance and Optimization - Google Docs.pdf
Bookkeeping_ Your Ally in Tax Compliance and Optimization - Google Docs.pdfBookkeeping_ Your Ally in Tax Compliance and Optimization - Google Docs.pdf
Bookkeeping_ Your Ally in Tax Compliance and Optimization - Google Docs.pdf
 
Accountant Vs Bookkeeper – Understanding the Difference
Accountant Vs Bookkeeper – Understanding the DifferenceAccountant Vs Bookkeeper – Understanding the Difference
Accountant Vs Bookkeeper – Understanding the Difference
 
Find Best Entertainment CPA
Find Best Entertainment CPAFind Best Entertainment CPA
Find Best Entertainment CPA
 
Accounting Steps to get your startup on track
Accounting Steps to get your startup on trackAccounting Steps to get your startup on track
Accounting Steps to get your startup on track
 
What are Financial Accounting Services and What services are rendered in it.pdf
What are Financial Accounting Services and What services are rendered in it.pdfWhat are Financial Accounting Services and What services are rendered in it.pdf
What are Financial Accounting Services and What services are rendered in it.pdf
 
What is Accounts Payable.pdf
What is Accounts Payable.pdfWhat is Accounts Payable.pdf
What is Accounts Payable.pdf
 
Simply Accounting
Simply Accounting Simply Accounting
Simply Accounting
 
cashflow-120806142734-phpapp01.pdf
cashflow-120806142734-phpapp01.pdfcashflow-120806142734-phpapp01.pdf
cashflow-120806142734-phpapp01.pdf
 
A Business.pdf
A Business.pdfA Business.pdf
A Business.pdf
 
Creating a Budget for Your Business
Creating a Budget for Your BusinessCreating a Budget for Your Business
Creating a Budget for Your Business
 
Financial Management for Entrepreneurs ~ Simplified
Financial Management for Entrepreneurs ~ SimplifiedFinancial Management for Entrepreneurs ~ Simplified
Financial Management for Entrepreneurs ~ Simplified
 

Bookkeeping Presentation

  • 1. Importance of Good Records Birmingham Small Business Networking & Marketing Group
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.