Hi there... Welcome to my Bookkeeping Blog where I will keep you up-to-date on all things bookkeeping.
Is bookkeeping hard? Here is what busy startup owners should consider when bookkeeping for their own business, and tips for those thinking of a career in bookkeeping.
This free bookkeeping spreadsheet helps self-employed people track income and expenses from bank accounts, credit cards and cash and shows a summary report.
A business budget is a plan of expenses that a business estimates it will spend every month. The plan can help the owner make good spending decisions.
Building business budget tips for the first time for 1 month and annually. How to select and lay-out names, allocate amounts and account for seasonal changes...
How to do a loan journal entry for transactions for bank loans, car loans, intercompany loans, and loan forgiveness including loan amortization
Continue reading "Loan Journal Entry Examples for 15 Different Loan Transactions"
Day to day bookkeeping process for startups. Open a bank account, select and setup software or paper record, record your daily transactions, read your summary report.
A Chart of Accounts helps a business classify income and expense transactions into specific categories and is like a map to the general ledger accounts.
General ledger accounts are the place where all financial transactions of a business are categorized. Each account has a ledger showing details of money received or spent.
Continue reading "General Ledger Accounts (GL): How They Are Used in Bookkeeping"
Five essentials to establish your online store accounting: 1. choose the right payment gateway 2. find good accounting software 3. tick the right tax setting
Continue reading "The Best 5 Tips for Online Store Accounting"
Try KPMG Spark bookkeeping outsource professionals. Using their special online software they will process your books, file your tax returns and keep in touch.
Continue reading "Stuck On Your Business Bookkeeping? Outsource To Online Professionals"