Appendix B

If Numbers Are Your Friends

You don’t need to know much about accounting or about double-entry bookkeeping to use QuickBooks, which, as you know, is most of its appeal. If you’re serious about this accounting business or serious about your business, consider finding out a bit more; setting up QuickBooks and understanding all the QuickBooks reports will be easier, and you’ll be more sophisticated in your accounting, too.

Just because the accounting in this appendix is a little more complicated doesn’t mean that you can’t understand it. To make this whole discussion more concrete, we use one running example. We hope it helps you out! If nothing else, it’ll inspire you to get into the rowing–boat-hire business.