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Beginner Bookkeeping Blog

Hi there... Welcome to my Bookkeeping Blog where I will keep you up-to-date on all things bookkeeping.

Home Office Expense Costs that Reduce Your Taxes

7 home office expense costs that can reduce your taxes when self-employed; see how to calculate the deductible portion and get the free excel sheet.

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Commission Income Defined and How to Account for Commissions Earned

Commission income is a portion of sale proceeds earned by a seller who doesn’t own the product sold. Here is how to calculate and record commissions in bookkeeping.

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What is a Trial Balance?

What is a Trial Balance? Check out this Trial Balance example and information

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What is Cash Flow

What is cash flow? Learn cash flow basics for small business, cash flow vs budget, plus get a free excel template.

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Cloud Bookkeeping | The Benefits

Cloud bookkeeping has its benefits such as near real-time reports and access to numerous apps for tailored accounting and business processes.

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Tips to Manage Money in a New Business

12 tips to manage money in new business: includes bank account setup, how to get customers to pay in advance, manage bill payments, understand flow of money and more.

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Managing Money Tips : Gain Control of Your Life

Managing money tips to help you organize your personal money and reduce overwhelm and stress. Set your goals, make a plan, avoid impulsive spending and debt.

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Accounts Payable Definition

Accounts payable definition: an account on a Balance Sheet showing the total of unpaid bills and invoices owed to suppliers/vendors summarized in a report.

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Accounts Payable Procedures

14 steps for accounts payable procedures including tips for managing invoices and statements, and settling what is owed to business creditors.

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Cash book in Excel for Tracking Income and Expenses

Cash book excel with balance sheet to help small businesses track income and expenses

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