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Accounting for Dummies - Part 2
This article describes the simplest of methods to keep your accounts - an inexpensive spreadsheet solution (for less than a takeout lunch) which is extremely easy to use. Even people with no accounting experience will quickly get the hang of this. See a preview here: http://www.scrambled-card.com/tour15.htm.
The Importance of Bookkeeping
If you've been running your business for any length of time you understand the importance of bookkeeping and how neglecting it can create havoc!

Understanding Double Entry Accounting
Sir Isaac Newton's third Law of Motion, the law of reciprocal actions, states that for every action there is an equal and opposite reaction. The same can be said for accounting. For every financial transaction, there are two sides. There is a debit side and a credit side. For every transaction, these sides must be equal for your books to balance.

Other financial transaction Related Articles

Understanding Double Entry Accounting
Sir Isaac Newton's third Law of Motion, the law of reciprocal actions, states that for every action there is an equal and opposite reaction. The same can be said for accounting. For every financial transaction, there are two sides. There is a debit side and a credit side. For every transaction, these sides must be equal for your books to balance.
Single Entry Bookkeeping Accounting System
Under the double entry system of book-keeping, both aspects of every transaction are recorded, i.e. one on the debit side and the other on the credit side. Under the single entry system of bookkeeping, both aspects of every transaction are not recorded in the books of accounts. Under this system, the personal accounts of the debtors and creditors are maintained.
Seeking Win-Win Outcomes - The Workplace Relationship Buy In
The core of all business relationships is parity. They are about the negotiation between an employer for output, in exchange for reward, the basis of which is usually a financial transaction. So this is a fair deal then...
Is a Sale Leaseback of my Business Assets a Good Thing?
The article provides insight the benefits of a business owner or financial manager considering a sale leaseback transaction for alternative financing purposes .
Mergers and Acquisitions: Understanding the Essentials of Strategy and Execution in the M&A Ecosystem: Part 1 of 4
It’s hard to name many business transactions that are as risky and complex as mergers and acquisitions (M&A). Over 85% of M&A deals fail, according to a recent study on M&A outcomes by KPMG. Another study, by A.T. Kearney, found that the total return to shareholders on 115 global M&A transactions was negative 58%. These astounding numbers are enough to make any organization think twice. Despite the grim statistics, there are many compelling reasons to attempt an M&A transaction, but they must be done with and understanding of the risks and challenges involved. In this first installment of a four part series, we will begin by building some M&A foundations and define the ecosystem of an M&A transaction.
4 Ways to Build Financial Confidence
Imagine feeling a strong sense of financial confidence. What would this look like for you? Financial confidence means that you are, without a doubt, in control of your financial life, you know what decisions are the rights ones and you make them with clarity and definiteness, and you have total belief and trust in yourself to achieve all your financial desires. Learn 4 ways you can build financial confidence in your life to begin feeling more empowered!
The Importance of Intangible Assets When Buying or Selling a Business
It is important to know what tangible and intangible assets are in business. Knowing the difference and examples of each can help you with your taxes and the transaction of buying or selling a business. Assets can also be a legal matter, in which case it is important to know about legal protection and how they can help you in any business transaction.

4 Most Important Members of Your Financial Team
When it comes to your financial success, there are certain professionals who should definitely be on your financial team. They include an accountant, estate lawyer, financial coach and financial advisor. These professionals play an important role in helping you achieve your money goals. Here’s why each professional can be an asset on your financial team:
4 Ways to Increase Your Financial IQ
Having a high financial IQ means the most when it comes to your financial success. A high financial IQ means you make smart financial decisions and take the right action to better your financial circumstances. Here are four ways to begin building your financial IQ today!:
The Ultimate Financial Plan
Recent turbulence in the financial markets has caused us all to question our financial plans. We are bombarded daily with advertisements and sales pitches from self-proclaimed experts, financial gurus, and all manner of miracle money managers wanting to sell us their financial plans. Buying someone else's financial plan is much like buying someone else's shirt. Odds are it won't fit, you won't like it, and the process is somewhat distasteful.

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