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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.

Simple Bookkeeping Spreadsheet in Excel

This free bookkeeping spreadsheet helps self-employed people track income and expenses from bank accounts, credit cards and cash and shows a summary report.

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Why a Business Budget is Worth Doing

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.

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Building Business Budget Guide

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...

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Loan Journal Entry Examples for 15 Different Loan Transactions

How to do a loan journal entry for transactions for bank loans, car loans, intercompany loans, and loan forgiveness including loan amortization

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Day to Day Bookkeeping Setup and Process

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.

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What Is A Chart of Accounts?

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.

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General Ledger Accounts (GL): How They Are Used in Bookkeeping

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.

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The Best 5 Tips for Online Store Accounting

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

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Stuck On Your Business Bookkeeping? Outsource To Online Professionals

Try KPMG Spark bookkeeping outsource professionals. Using their special online software they will process your books, file your tax returns and keep in touch.

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Profit and Loss Questions and Answers

Profit and loss questions from real businesses with my answers including loans received, rental deposits and refunds and non-working shareholder travel costs...

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