Short description of Basic Bookkeeping 7.0.2: Basic Bookkeeping is an accounting program for business owners , not accountants. Unlike double entry systems, Basic Bookkeeping's single entry method is intuitive. You simply enter your income and expenses. If you have used "Dome Simplified Accounting" books, you will be right at home with Basic Bookkeeping. Basic Bookkeeping is well suited to small businesses including sole proprietors, partnerships, independent contractors and S-Corporations.