Keeping good records is critical to determine the value of your business, how much you've earned (gross) and the real profit you've earned (net). Without proper records, you really have no idea what your expenses are, how much taxes you owe and if your business could sustain your lifestyle from the profits (because you have no idea what your NET profit is).
This eBook describes what Bookkeeping is, why it must be done and how to do it all from the perspective of a freelancer and/or outsourcer. If you work on the web, this book is a must-buy book.