Accounting Concepts

Posted By on December 3, 2010

To find out basic and simple concepts on accounting, take a look at Accounting 101.pdf located at the buttom of the main page of below the heading of “Are you starting a business and need a free Bookkeeping and Accounting Tutorial”. It is a link that you can click on it to view it or right click and save it for reading in your pleasure time.

It can also be found in the left side of the main web site underneath the What’s New Heading.

On December 3, 2010 we moved our comments to WordPress and summarized as below:
Comment from: Abacus [Member]
There is a bookkeeping tips and tricks on different part of our web site. If you are looking for certain information, leave a line for me at

12/16/09 @ 08:25
Comment from: Ears [Member]
Any Bookkeeping Taining, or something to get people ready before diving into Simply Accounting?

12/16/09 @ 08:46
Comment from: Abacus [Member]
To learn Simply Accounting program, I like to emphasize on proper bookkeeping skills and knowledge. What I am trying to say is that by learning Bookkeeping techniques, you would prepare yourself to learn Simply Accounting Software, much easier.

You may want to check out:

12/16/09 @ 09:29
Comment from: Abacus [Member]
Free Bookkeeping Tutorial is here:

Business/Government related forms are in the mail page at:

look at the left hand side under What’s New heading. You see T2125 Business Activity Form, etc.

12/16/09 @ 09:33
Comment from: Ears [Member]
Twitter and Bookkeeping! Any hints?

12/16/09 @ 09:40
Comment from: Abacus [Member]
Not sure how Twitter might help our blogs!? Let me look into it.

12/16/09 @ 09:56
Comment from: Ray [Visitor]
At the bottom of your home page ( there is an Opt-in form with a blue heading of “Subscribe”. It says upon sign up, you’ll get “Free Bookkeeping Tips and Video Tutorials”. Can someone tell me what topics the video clips talk about?

12/31/09 @ 12:52
Comment from: Ray [Visitor]
I forgot to ask:
Has anybody tried those free video clips? Are they any good?
12/31/09 @ 12:55
Comment from: NK [Member]
Hi Ray
There are 4 topics that the video clips talk about.
No1. Secret in saving time an money.
No2. Secret in business use of home expense.
No3. Secret in claiming vehicle expenses
No4. Secret in income tax preparation.

The videos are very informative. It gives a good idea 0f
what deductions are available at tax time and how to keep your books
and records to save money.
01/05/10 @ 19:24
Comment from: Abacus [Member]
Often my bookkeeping clients ask me, “how should I organize my receipts?”
There are several ways to organize receipts for home or for your business, I will show you the easiest way and it works well for my clients.
1-When you purchase as item, circle 2 things on the receipt, the date and method of payment. to stop the guessing game for yourself and your bookkeeper, write a little blurb of what the purchase was for.
2-In your filing cabinet label folders to match the method of payment. Eg: the folders will read, visa, mastercard, cheque, etc. When you receive your monthly statements in the mail, match each receipt to its own statement.
I recently discovered an online way of organizing receipts and it’s made my life a lot easier.

07/10/10 @ 11:11

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