Bookkeeping For Dummies

Front Cover
John Wiley & Sons, Nov 3, 2009 - Business & Economics - 392 pages
Are you finding that your invoices and bank statements pile up every month, untouched and shied away from? Does your accountant spend more time on basic bookkeeping than on minimising your tax bill? If you're a small business owner who wants to take financial matters into your own hands, look no further. Bookkeeping for Dummies will guide you through all the basic skills needed to keep your business efficient and cost-effective – from tracking your transactions and keeping ledgers, to producing balance sheets and satisfying the taxman at year-end. Learn to manage your finances painlessly and clearly, and master the art of bookkeeping!

The book will be adapted from the current US edition of Bookkeeping for Dummies. Existing content will be revised to reflect essential UK information.

From inside the book

Contents

Table ofContentsIntroduction
So You Want to Do the Books
Getting Down to Bookkeeping Basics
Outlining Your Financial Roadmap with a Chart of Accounts
Keeping aPaper Trail
Keeping Journals
Surveying Computer Options
Controlling Your Books Your Records and Your Money
Checking the Books
Finalising cashoutlays Using a Temporary Posting Journal Reconciling Bank Accounts
Checking Your Accuracy By Trialand Hopefully NotError Working with a Trial Balance Conducting yourtrialbalance Dealing with trialbalance errors
Adjusting the Books
Lining Up theProfitand Loss Statement Formatting theProfit and Loss Statement
Partnership
Developing a Balance Sheet
Reporting Results and Starting Over

Recording DaytoDay Business Operations
Collecting on Cash Sales
Cashing Up the Cash Register
Staffing Your Business Completingnew starter forms
Determining Net
Preparing the Books for Year Or Month
Paying andCollecting Interest
Completing YearEnd Payroll and Reports
Looking into
Registering forVAT
Pursuing Payments and Repayments
ThePart of Tens
Copyright

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About the author (2009)

Paul Barrow, FCA, MBA, is a Chartered Accountant with over 20 years' consulting, training, writing, and commercial experience within a wide range of business sectors and companies.

Lita Epstein, MBA, designs and teaches online courses in investing, finance, and tax.

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