Accounting Made Easy
Your Crash Course
Who needs this?
Anyone who wants to start a business.
A student who wants to learn a lifeskill.
Anyone looking to work in an SME company.
A qualified accountant that needs a quick introduction to accounting software.
Every business needs Accounting.
We got along without accounting before. Why now?If you got along without accounting, then probably someone else has been doing it for you. Simply - the rich do their accounting, the poor think they don't need it. Both are right.
From the earliest dawn of civilization we have been doing accounting. The earliest form of writing , Cunieform from around twenty thousand years ago puzzled scientists until they figured out what the writing was - invoices!
Will this make me a qualified accountant?
It takes five years of tertiary study and articles to become a qualified CA or CFA. think of it like they are studying to become surgeons and Accounting Made Easy is like a course in first aid. Often a CA or CFA can be overkill.
Read this e-book and itwill make you capable of handling crisis situations and make you able to interface with Qualified Accountants. Typcally start up businesses have an accountant as their first or second employee. The accountant is usually the last to leave! With Accounting Made Easy these roles can be yours. One of the mest uses of Accounting Made Easy is for arts or engineering students as a finnishing course that preapares them fro business.
What do I get?
You will get a 200 page PDF Ebook.
Links to Download TurboCASH including tutorial sets of accounts.
What if my company uses another accounting package?
You will still benefit from Accounting Made Easy. The principles are universal. Even if you have another package, you will still find TurboCASH useful. It is the ideal parter to extend other packages, either by aggregating data, or by extending the ledger capabilities. The open source nature of TurboCASH means you are free to copy your results, distribute and even them in source form to co workers and interested parties.
Whats the catch?
No this is no crippleware, and we are not going to be selling you upgrades and pro versions ten minutes after buying this. You will be able to learn accounting and implement it live in a business without incurring further cost. We each have different accounting needs. This offering caters for those that want to be self taught and self supporting. Over 90% of users get to use TurboCASH and expand to being large businesses without ever having to change.
How does a General Ledger work?Double Entry
Think of a set of books containing a chart of accounts as similar to a cabinet of files. Into this cabinet we post transactions. Each transaction has a debit and a credit.
By always posting both sides of the transaction we ensure that the books aways stay in balance. This process of always including debits and credits is known as double entry. Internally TurboCASH keep debts as positive numbers and credits as negative numbers. They will give the apparent paradox where sales are reflected as a negative number or a credit.
Batches, Journals, Cash Books
Batches are groups of transactions that together balance in every period defined. While transactions are entered into the journals or cashbooks. Once finalised these bathces are posted to the general ledger, where they are no longer editable. A unique feature of TurboCASH is that these batches can be unposted, re-edited and posted again.
A unique feature of TurboCASH is that a batch can be reversed, re-edited and reposted.
The accounting equation
In the accounting equation,
assets = equity + liabilities
Before each batch is posted into the general ledger, the accounting equation is in balance. After every batch is posted the accounting equation remains in balance. If a batch is reversed the accounting equation remains in balance.
Accounting Made Easy costs $7.95 or STG 6.95.
Why so Cheap?
It could be cheaper, it could be free, but then I would have no way of sustaining and advertising it. Accounting Made Easy refers repeatedly to the free TurboCASH Accounting Software. You are paying for me to write the EBook and keep it up to date.
I process these orders manually. There can be a few hours delay on processing. I will always get to it!
Your time is your most valuable asset, and I respect that.
Go through the book, try it all out, for 7 days, and if it doesn’t help you, or if you just decide that it’s not for you, I’ll give you a complete refund, no questions asked.
What is a general ledger and why does every business need one.
If you already have a business, are starting a business or thinking of starting one then you need TurboCASH Accounting. TurboCASH is a general ledger and every business needs a general ledger. Think of TurboCASH as your Captain's Logbook. Without it, you don't know where you have been, where you are, or where you are going.
Accounting is the language of business and a general ledger is at the core of accounting. TurboCASH can work as a stand-alone general ledger or in conjunction with banking software, e-commerce software, point of sales, payroll software, project management or any specialized billing website. We will help you gather and enter your data and then produce reports for all your business partners, shareholders, customers, suppliers, financial service providers.
Do you a want to go straight to the commercial version?
You will be pleasantly surpised that TurboCASH is very competively priced ($6 per month) . You are not paying for stock market listings, boards of directors or debt mountains. Buy a subscription to the commercial version. You will get Accounting Made Easy included and you can cancel your subscription whenever you like. We work on the principal that you pay us because you want to, not becuase you have to.
TurboCASH has cool features that make our batch driven double-entry general ledger package unique. Open source license allows you the freedom to develop and extend; our multi-language translation lets you use TurboCASH in any tax regime in multiple languages at the same time, even if that language is church speak or insurance terminology. TurboCASH has a reverse facility that makes it far more like using a spreadsheet than using a traditional accounting package.
Financial people like bank managers, shareholders, auditors, the Receiver all use the same language to talk about financial concepts. Financial people become arrogant and dismissive when they see that you don't grasp these concepts, for they understand that a fool and his capital are soon parted. If you are unable to talk their talk they will immediately assume that you are incompetent in the business of making profit. Running an up to date general ledger I the best way of showing everyone that you know what you are doing.
In the 21st century we are fast approaching the paperless office. General ledgers are no longer kept on paper, but are stored in electronic databases, accessible locally and remotely. Accounting Made Easy teaches you to use computer software. Favour open source, follow the conventions and you will find any mainstream financial accounting systems easier to use.
As a general Ledger TurboCASH accommodates both GAAP (Generally Accepted Accounting Practice) and IFRS (International Financial Reporting Standards) which gives you about 90% of the worlds accounting. Using concepts like Double Entry, Balanced Batches and Electronic Interchange, we combine with real world applications like TurboCASH, the leading open source accounting software for Small Business in 80 countries.
As companies become bigger they become even more dependent on accounting information. In fact the only real difference between companies that succeed and those that don't, is the quality of their accounting software systems,