I'm a normal small level business person to whom 'Accountancy' is always a 'mystery'. I had always been running around digits, credits, debits, ledgers, assets, liabilities etc etc. When i thought about using some tool then found many which were excellent in performance but I can't afford to buy those tools for my small business. Can anyone suggest me in using a free tool for my bookkeeping???
Perhaps Quicken or Quickbooks? Depends on what you want to spend for an account type software. There are also a few good open source alternatives. check out www.osalt.com
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Michael McRae - ApertureHost, LLC - Web hosting for creative professionals
GNUCash works on Windows and Mac OSX as well, so you could give that a try.
Another free one that I've heard of is AceMoney Lite. Alternatively, you could buy one of the commercial ones when they're on sale as often there are some good deals and you can get them for like 50% off or even more.