Accounting Basics 101

What is accounting? The answer is two parts, the purpose of accounting is to provide information about the financial situation of an organization. It is also the systematic recording, reporting and analysis of financial transactions of a business.

We all dream of going into business for ourselves: Most beginning entrepreneurs start their finances with a checkbook. But you will soon realize the benefits of keeping accurate records and the ability to instantly view the financial health of your business.

The information that follows, is to help you understand how simple accounting actually is. With LiteSPEED Accounting Software you don't need a degree in accounting to set up your accounts and get started succeeding in business.

Getting Started

How do you get started? Download our "Getting started" .pdf file below, Grab a Free trial copy of any one of our Accounting Software Solutions, follow the installation and setup instructions and let us guide you through the rest.

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With LiteSPEED Accounting Software Products you don't have to be accountant. Our software is simple to understand and use !

Why try our Software?

Our Easy Start and extensive help files will step you through the setup and use of LiteSPEED accounting software.

The real strength of LiteSPEED Accounting Software is that it is a true scalable product. Meaning it grows with your business. Many small business accounting systems are limited multi-user or client-server products requiring you to entirely change systems as you grow.

Start out as a single user and then add licenses as you need them with LiteSPEED at your side!