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| Introducing Accounting 2007 Navigating Within Accounting 2007 Managing Your Business Information for Readers Running Windows XP Using the Start Menu Navigating Dialog Boxes Features and Conventions of This Book Using the Book's CD What's on the CD? Minimum System Requirements Installing the Practice Files Using the Practice Files Reinstalling the Practice Files Getting Help Getting Help with This Book and Its Companion CD Getting Help with Microsoft Office Accounting 2007 1 Touring a Sample Company in Accounting Express 2007 Touring a Sample Company in Accounting Professional 2007 Key Points 2 Setting Up a New Company Preparing to Set Up the Accounting System (What You'll Need) Determining a Fiscal Year and Start Date Preparing a Trial Balance Collecting Information Before Getting Started Creating a Company File Working Through the Accounting Professional Setup Wizar Working Through the Accounting Express Setup Wizard... Changing Company Preferences Sidebar: Choosing an Entity Type for Your Business Managing Company Data Importing Company Data Sidebar: A Word About Comparability Defining Multiple Companies Sidebar: When a New Company Might Be a Good Idea Protecting Your Data Files Creating a Backup File Restoring Data from a Backup File Archiving Transactions from Past Fiscal Years Sidebar: Data Retention Considerations Key Points 3 Accounting:A Quick Overview What Is Accounting? The Duality Concept (Double-Entry Bookkeeping) The Accrual Concept Other Accounting Concepts and Principles Key Accounting Terms and Definitions The Importance of Accounting Policies Accounting for Your Small Business Accounting for Your Business Cycle Your Accounting Cycle Ongoing Requirements for Your Business Key Points 4 Managing the Chart of Accounts 5 Managing Products and Services 6 Managing Customers 7 Managing Jobs 8 Generating and Managing Quotes 9 Handling Sales 10 Selling Goods and Services on eBay 11 Managing lnvoices 12 Handling Customer Payments 13 Purchasing from Vendors 14 Managing Bank Accounts and Transactions 15 Creating Reports to Manage Your Business Glossary Index About the Authors Acknowledgments |
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