It serves as a quick reference and primer for anyone looking to understand accounting without going through extensive textbooks. These are the best small business accounting books I’ve found, in no particular order. Despite these challenges, accounting software can be a valuable tool for businesses of all sizes. When choosing accounting software, it’s important to consider the needs of your business and compare different features to find the best fit. When determining the best accounting software for your business, it’s important to consider support, security and integration with your current applications, as well as cost and features. Neat is a good choice for self-employed entrepreneurs who need an easy-to-use accounting software to organize their financial documents.

NetSuite’s pricing is custom, so you’ll need to speak with a sales team member for a quote. This tool allowed me to start a timer and allocate the time to a client or project and even specify the tasks worked on during the logged time. I was able to complete and send the invoice in less than 30 seconds. I found the software to require a small learning curve, particularly in terms of finding needed features. Features were what expense category is bookkeeping listed on the left-hand menu once I signed in to my account.

Key Features

However, once I became more familiar with the software’s layout, completing tasks required no learning curve, even when setting up advanced actions such as automations. For example, to add a new project, I clicked “time tracking” on the left-hand menu, then the “projects” submenu item. From there, I could click “+New Project” at the top of the resulting screen and fill out a simple form to add my new project. The book arms test-takers with essential strategies and secrets to tackle the CPA exam effectively.

Dawn Fotopulos is an experienced entrepreneur, business coach, and accounting professional dedicated to helping small business owners thrive. Connect with her on LinkedIn, Twitter, or visit her company website for more insights and resources. Joanne M. Flood is an expert in accounting principles and a prominent author in the field. To stay updated with her latest works and insights, connect with her on LinkedIn. They equip you with the accounting skills to ensure that every credit card swipe, bank account transaction, or net income statement you encounter makes perfect sense. I’ve walked the journey, understood the intricate ratios, and even tried my hand at quizzes to test my knowledge.

Double-entry vs. single-entry bookkeeping

The only experience I could have done without is the upselling of partner products. Instead of leading me to certain partner products, I would have preferred a menu item of available integration products so I could see what was available and choose the right one for my business needs. These options were also always available to me wherever I was in the platform via a slide-out left-hand menu. On the project discussion forum accessible from a project’s page, I could even attach documents such as checklists, and the entire team could discuss the project via a chat-like feed. Once I finalized the invoice, I could click the “send to” button at the top of the invoice and input an email address, a subject and a message to send the invoice. Or, I could click “share via link” to generate an invoice link sendable via text, social media or some other communication channel.

Our Experience

Josh Bauerle, a CPA with a penchant for simplifying the complex, is dedicated to financial education. His vast experience and teaching prowess shine through his writings. Stig Brodersen and Preston Pysh are celebrated for their insights into value investing. Their comprehensive research and adept communication skills have made them rental property bookkeeping prominent figures in the financial community. Plus – if you’re a mega keener – I added the author’s LinkedIn and other places to connect with them online. Here’s a quick summary of each book, what you’ll learn, why you should read it, and a quote I like from each book.

1. In addition, AccountEdge offers a free account for your accountant so they always have real-time access to your reports.
2. Howard Schilit and Jeremy Perler bring us a book that is filled to the brim with various types of accounting frauds with real-life examples.
3. This comprehensive guide walks through the functionalities of QuickBooks Online, from the basics of setting up an account, to more advanced features like payroll and taxes.
4. It serves as both a textbook and a reference guide, with examples, illustrations, and practical advice to help you navigate through GAAP’s complex regulations confidently.
5. I was then taken through a two-step process to verify my identity using my email and mobile phone.

Each of the accounting books on this list of 15 has been chosen for its ability to address specific challenges what is the social security tax rate and knowledge gaps in the accounting discipline. “Cost Accounting For Dummies” covers various crucial topics, including how to set up a cost accounting system, controlling and budgeting, dealing with variances, and making informed pricing decisions. With Boyd’s guide, you’ll navigate through the world of cost accounting with ease and confidence. Ronan Hughes presents a comprehensive accounting guide tailored for small business owners.