Excerpt for Full-Charge Bookkeeping, For the Beginner, Intermediate & Advanced Bookkeeper, HOME STUDY COURSE EDITION. by Nick DeCandia, available in its entirety at Smashwords

Full-Charge Bookkeeping

For the Beginner, Intermediate and Advanced Bookkeeper



Home Study Course



by Nick J. DeCandia, CPA



Smashwords Edition

Copyright © 2012 Nick J. DeCandia, CPA

All rights reserved.



This book is available in print at: http://www.full-chargebookkeeping.com/

Smashwords Edition, License Notes

This ebook is licensed for your personal use only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.


Jump ahead to A Word About Navigation ( > Table of Contents - Following)


What others have said about Full-Charge Bookkeeping


"It's really a very good book."

-R.D., Full-Charge Bookkeeper



"It's fabulous (and I've taken a bookkeeping course)."

-C.D., A Former Bookkeeper



"Wow. I'm impressed with the organization of it.

It's very well put together. I can't say enough."

-R.N., Preschool Director



"It’s excellent! ...

It seems to be quite thorough,

which indicates a lot of hard work on your part, GOOD JOB!"

-F.S., Engineer



"You've done such a great job giving the step-by-step and providing practical pointers that people would want to have… Very nice work overall!"

-D.D., Attorney



"It's good. I think you really have something for the emerging business.

And I love the forms."

-A.S., Business Owner



"It's good…, right-on and good."

-G.H., CPA & Controller



"I am a CPA in training... Your book on bookkeeping has been quite helpful... It has cemented some of the core concepts I have learned."
-C.H., CPA in Training



I really like your course … it is such a clear and  straightforward guide on everyday bookkeeping tasks… I think it's a VERY detailed guide for a beginner to intermediate bookkeeper, I haven't finished reading the whole course, but I am already satisfied with it. I think I got 100% what I wanted for the money I paid - I wanted to know actual office procedures rather than accounting theory since I took some accounting courses in
college. Because these procedures are what you gonna see on the job not the theory :)”

-V.V., Home Study Course Edition Customer

Dedication

I would like to dedicate this book to five people:

Anne Shepherd, my high school English teacher, who inspired me to greater heights - in writing,

My mom, for all her levels of support,

Nicholas Edward DeCandia, my father - an "eagle" among "nesters",

My brother, Don, whose (academic) achievements inspired me towards the same,

And my wife, Rhonda, for her very fine example as a full-charge bookkeeper.

Acknowledgments

Thanks the following people:

My wife - for her invaluable assistance,

Rita D. Newman,

Camille & Ron DeCandia,

Don DeCandia,

Frank Santoriello and

Ann & Don Silva.

About the Author: Nick is a nationally published CPA, with 20 years experience in corporate and public accounting - having reached supervisory levels in both. Nick established a national presence in 2001 with his article, "The New Face of the IRS" - written for the Institute of Management Accountant's (IMA) flagship publication Strategic Finance magazine - January 2001 issue. Nick obtained a Business Degree, with concentrations in Accounting and Finance from the University of New Mexico, as well as an Engineering Degree from the University of Notre Dame. Nick's extensive experience, includes having held bookkeeping positions: Bookkeeping Assistant, Intermediate Bookkeeper, Full-Charge Bookkeeper, and Bookkeeping Supervisor. He has written many accounting procedures for various employers. Nick is both author & founder of Den Publishing Company.



Disclaimer

The information contained in this book is for general guidance only. It is provided with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information. Furthermore, this book is provided without any warranty of any kind, express or implied, including any warranty of merchantability, performance or fitness for a particular purpose. While every effort has been made to make this book reliable, as to completeness and accuracy, there may be errors and/or omissions, both typographical and in content. It is sold with the understanding that the author and/or publisher are not, herein, engaged in rendering legal, accounting, tax, or other professional advice. Since the application of laws can vary greatly, based on the specific facts and circumstances, this book should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisors. Furthermore, the author and/or publisher shall have neither liability nor responsibility to any person(s), or entity for any decision made or action taken in reliance on the information contained in this book. Finally, the author and/or publisher shall have neither liability nor responsibility to any person(s), or entity with respect to any loss or damage caused, or alleged to have been caused, directly or indirectly, by the information contained in this book.



A Word About Navigation ( > Table of Contents - Following)

Of course you know hyperlinks lead to online websites... And you probably already know about linked Table of Contents (connecting you directly to that chapter). I've gone a step further with it, because of this edition's Study Outline and Test Bank that both relate - not only to each other, but also to the text itself. Therefore, I've placed links from the text (book) to the Study Outline (same chapters), and back the opposite direction, as well as to & from Study Outline to Test Bank. It should work something like this:

From Study Outline - CHAPTER BELOW

[Textbook Chapter]

To Study Outline - CHAPTER ABOVE





To & From Text - CHAPTER BELOW

[Study Outline Chapter]

To & From Test Bank - CHAPTER ABOVE





To & From Study Outline - CHAPTER BELOW

[Test Bank Chapter]

Back to STUDY OUTLINE (Table of Contents)



If you don't quite follow this, fear not. I'm sure it will begin to make perfect sense once you start the program (reading the textbook chapter, going to the associated study outline chapter to review and then to the test bank to quiz yourself)!



What others have said about this book

Dedication

Acknowledgements

About the Author

Disclaimer

A Word About Navigation

TABLE OF CONTENTS

PREFACE

What is Full-Charge Bookkeeping?

Scope & Organization of This Book

Breaking Into This Field – Of Money Handling

Questions to Ask During the Job Interview

Getting Organized When Hired

New Job Checklist

CHAPTER 1 - TASKS

Human Resource Administration (?)

Accounts Payable

Accounts Receivable

Collections

Payroll

Commissions & Bonuses

Payroll Taxes

Other Taxes

General Ledger

"Fixed Asset" Purchases

Bank Reconciliations (Including Finding "Outages")

Petty Cash

State-Specific Tasks

Financial Statements or Monthly Reports

Year-End Items (W-2's, 1099's, Record Retention)

Corporate Taxes

CHAPTER 2 - AUTHORITIES

Frequently Used

IRS

State Specific Authorities

Other Authorities / Laws

CHAPTER 3 - MANUAL BOOKKEEPING

CHAPTER 4 - DEBITS AND CREDITS

CHAPTER 5 - COMPUTERS

Computer-Based Bookkeeping

What Else?

CHAPTER 6 - INSURANCE

Health Insurance

Liability Insurance

Worker's Compensation Insurance

CHAPTER 7 - INDUSTRIES

Construction

Food & Beverage

Manufacturing

Retail

Service

The Non-Profit Sector

CHAPTER 8 - DEALING(s) WITH THE CPA

CHAPTER 9 - BOOKKEEPER AS MANAGEMENT?

CHAPTER 10 - A WORD ABOUT PROFESSIONALISM & ETHICS

CHAPTER 11 - A WORD ABOUT ‘AUDITS’

CHAPTER 12 - A WORD ABOUT CAREER ADVANCEMENT

Table of Contents (Appendices)

Note: since charts, forms and the like do NOT translate well in eBooks, we’ve posted "pdf" versions of all charts, forms etc (that you would find in these appendices) on our website, free of charge, of course:

www.Full-ChargeBookkeeping.com > Resources & Links page.

APPENDICES - Introduction

APPENDIX A - Master Schedule

APPENDIX B - Chart of Accounts (Sample)

APPENDIX C - Financial Statement (Samples)

Income Statement

Balance Sheet

APPENDIX D - Accounting 'Basics'

Accounting Equations

Accounting Methods

Closing A Year

"Depreciating" Assets

"Draws" Taken by the Owner

Inventory and "Cost of Goods Sold"

Office Supplies (Expense?)

Relationship Between Financial Statements and the Chart of Accounts

"Retained Earnings"

"Writing-Off" a Receivable

APPENDIX E - Sample Forms

Collection Form

Commission Spreadsheet Form

Fax Cover Sheet

FUTA - SUTA Spreadsheet Design

HR - Employee Update Information Form

HR - Employee Request for Time Off Form

HR - Employee Warning Notice

Past Due Notice

Petty Cash - Receipts

Petty Cash - Change Order

Record Retention Form

Time Sheet for Employees

Travel Mileage Form

APPENDIX F - "Career Resource Binder" Kept At Home

APPENDIX G - Resources & Bibliography

GLOSSARY



STUDY OUTLINE



TEST BANK





From Study Outline - PREFACE

PREFACE

Every small business should have a "full-charge bookkeeper".

What is Full-Charge Bookkeeping?

A full-charge bookkeeper is one who can and does perform all of the bookkeeping tasks of any small business, including payroll taxes and monthly financial statements, with little or no supervision. About the only task needed to be "outsourced" is the corporate tax return (typically, to a CPA). That, in essence, is full-charge bookkeeping.


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