In smaller organizations, the bookkeeper is responsible for all accounting activities, including paying employees, billing customers, accounting for inventory, and issuing financial statements. This calls for a broad range of practical accounting knowledge. The Comprehensive Bookkeeping Guidebook fills this need by describing all aspects of the bookkeeper position. 

The course is split into two parts, the first of which addresses the general system of accounting, how transactions are recorded, and how financial statements are constructed and interpreted. In the second part, we'll cover the mechanics of bookkeeping for specific functional areas, including billings, collections, cash receipts, accounts payable, inventory, fixed assets, and payroll. You'll also learn about the reports that must be made to the government that are related to payroll and income taxes.