In this chapter, you will learn to:
Define accounting as a practical process.
Use key accounting-related terms correctly.
Integrate basic accounting concepts, principles and policies.
Understand your recording and reporting duties as a small-business owner, and how Accounting 2007 makes the job easier.
All businesses need to keep accurate records, but these days, the complexity and sales volumes of even the smallest companies can outstrip the capabilities of paper-based and spreadsheet-based record-keeping systems. Rather than trying to bend generalized programs to your needs, you can turn to specialized software that is designed to handle your company's financial data.
Microsoft Office Accounting 2007 is a program ...