For twenty years, hundreds of thousands of business owners have benefitted from the practical and easy-to-use concepts in In this edition, Linda Pinson, again shares a time-tested recipe for mastering recordkeeping and accounting fundamentals. Generously illustrated with sample forms and worksheets, including up-to-date IRS forms and information for small business, is the comprehensive hands-on tool that will keep you on the right financial track. Set up an effective bookkeeping system with the essential records Prepare projected and historical Financial statements that show where your business is headed and where it stands at any given time Analyze cash flow and develop important financial benchmarks with ease Maintain the records required to prevent tax time disasters and maximize profits