How to maintain proper book of accounts and accounting software?

As a business owner, a basic knowledge of accounting is essential. You need to learn how to tell whether or not your business is doing well.

First, I suggest buying a basic accounting book. There are many texts available, I’d get any old college or high school book. I am sure they are cheap.

As for accounting software, sure quickbooks would be fine. Get yourself an old version: no need for the 2008 version just yet.

But again, you need to learn about how accounting works.