Single Entrywhere figures are entered once - this is the cash book - great for starting up small and for easing you in to the next method.
Double entry where the same amount is literally entered twice to 'balance the books' - a term you may have heard before. This sections goes through the accounting equation, source documents, journals and ledgers plus quizzes.
Terms Glossary which gives you definitions of the common words used in bookkeeping from A-Z.
Forms- 30 free PDF forms that can be printed and used by small business owners who prefer manual bookkeeping, or anyone needing to practice.
Excel Templates - Over 15 free Excel templates designed for business and students.
Are you a small business owner?
When planning your business you have to decide 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 bank.
The question is whether or not you as the business owner with limited knowledge want to do 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 to start with! 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 would be a fabulous idea!
Are you a Bookkeeper?
Delve deeper into this site by clicking on all the links and exploring.
Go the site map or enter a search term in the Google bar at the top of the website if you are looking for something specific.
Are you a student?
Are you currently studying this subject or business, finance or accounting? I am sure you will find this resource a helpful addition to your study material.
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What others say...
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"I cannot thank you enough for your site and all the expertise put in such a simple manner! I've started self- employment and running the finances of my business was a terror! Not anymore! I can grasp the basics and learn a little more everyday with your information!"