Bookkeeping for Beginners

This site is full of information to help you figure out what bookkeeping is, how it works and how to use it in business so you can do it with confidence!

Whether you are:-

  • A student wanting to learn more, or
  • a small business owner needing to set up your business accounts, or
  • a new bookkeeper who needs more guidance, or an experienced one looking to refresh your facts...

...you are in the right place!

You can click or tap your way through the image options below - these represent just a snippet of what you will find on this site.




Double Entry Bookkeeping

Double Entry

Single Entry Bookkeeping

Single Entry 
(Cash Book)

Basic Bookbkeeping Procedures for the Office

Office Basics

Bookkeeping Ledgers

Ledgers

Bookkeeping Journals

Journals

Bank Reconciliation Statements

Bank Reconciliation Statements

Accounts Payable

Accounts Payable

Accounts Receivable

Accounts Receivable

Petty Cash Log

Petty Cash

Bookkeeping Forms

Forms

Profit and Loss Statement

Income Statement

Accounting Balance Sheet

Balance Sheet

Excel Cash Book

Excel Cash Book

Best Bookkeeping Software

Bookkeeping Software

Business Bookkeeper

Bookkeeper Resources

You will learn how to do various tasks such as:-


The presentation of this information comes from two angles:-

  1. How bookkeeping works - describing the principles and methods of entering the financial data into the books in an organised way.
  2. How to use it - putting into practice the methods learned above in a business setting and supporting that with structured office procedures.

Besides clicking on the links on this page, the search bar above or the navigation buttons on your left will take you to where you need to go.


So, How Does Bookkeeping Work?

Well, there are two methods to chose from:-

  • Basic cash book where figures are entered once (singly entry) - great for starting up small and for easing you into the next method.
  • Double entry, where the same amount is literally entered twice to 'balance the books' - a term you may have heard before.

What to Do

To maintain an effective accounting system:-

Reports, Forms and Templates

  • Reports pull all that data together so the powers that be (the owner or boss) can see if it is worth the effort.
  • Forms and templates help keep everyone sane by introducing consistency in the day to day work.

Community

  • The blog keeps you up dated with new additions and mystery-breaking facts about bookkeeping
  • The news is current and interesting and there are often stories about fraud and embezzlement - something all businesses need to learn to guard against.
  • If you are just itching to get an answer to a question, don't wait! Go to the contact page and send in your query.
  • There is a Facebook Comments box at the bottom of each page, feel free to add in your constructive two cents worth!

Are you a Small Business Owner?

When planning your business a key consideration will be how you are going to tackle the financial records. Every business needs to have a structured method of recording the money coming in and going out the coffers.

The question is whether or not you as the business owner with limited knowledge want to labour through this job yourself or hire the services of a professional.

If you have enthusiasm, patience, and time then your answer should be yes to doing it yourself! You might also be motivated by your desire to keep your costs down.

Of course, this is just until your business grows and you find yourself running haggard trying to juggle all the different aspects - by which time outsourcing the work to a bookkeeper could be a fabulous idea!

Are You a Student?

Are you currently studying this subject or business, finance or accounting?

I am sure you will find this resource an excellent aid and addition to your study material. If you are a younger student wondering if you should do bookkeeping, go to my 'About Me' page - you may (or may not!) find it encouraging. If you have any questions please feel free to contact me.

Remember to bookmark this site so you can easily return!


Are You a Bookkeeper, Accounts
Administrator, Office Clerk....?

Join me now, delve deeper into this site by clicking on the links to the left (you might have to scroll up a bit). Go the site map or enter a search term in the Google bar near the top of this page if you are looking for something specific.


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