Beginner Bookkeeping Blog
Hi there... Welcome to my Bookkeeping Blog where I will keep you up-to-date on all things bookkeeping.
Switching from Excel to Software: Guide for a Confident Handoff
Switching from Excel to software doesn't have to be delayed by imperfect books. Choose a date and gather your usable data + supporting records for a clean handoff.
Continue reading "Switching from Excel to Software: Guide for a Confident Handoff"
Accounts Receivable Definition Including Examples
Accounts Receivable definition: the total of unpaid sales invoices held in a category called Accounts Receivable in the Assets section of a balance sheet.
Continue reading "Accounts Receivable Definition Including Examples"
10 End of Year Bookkeeping Tips
10 end of year bookkeeping tips to get ready for tax: 1) When to do these checks, 2) Reconcile the bank, 3) Enter expenses paid with personal money, 4) Check your...
What Is Bookkeeping And Why Is It Important?
What is Bookkeeping? It's an organized way to record money earned and spent by a business using accounting software, printed books or spreadsheets like Excel.
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What is a Credit Card Balance - Understand Credit Card Statement
What is a Credit Card Balance? Get to know the balances on a credit card statement before you overspend or pay the wrong amount! Compare statement credit card balance with current balance, good credit card balance vs negative, available credit card balance vs card limit.
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What are Bookkeeping Journals and Entries
Bookkeeping journals are where a business records its daily financial transactions in date order showing which accounts to debit or credit with journal entries
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Types of bank accounts for small business
Get to know what types of bank accounts are best for a small business, and how to use them day to day in the bookkeeping.
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Types of Accounting Source Documents in Bookkeeping
Accounting source documents are paperwork produced when bookkeeping for business and include checks, invoices, bills, and receipts.
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The Accounting Equation
The accounting equation is Assets = Liabilities + Equity and is the foundation that keeps the ledgers and balance sheet balanced in double entry bookkeeping.
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Latest Posts
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Switching from Excel to Software: Guide for a Confident Handoff
Switching from Excel to software doesn't have to be delayed by imperfect books. Choose a date and gather your usable data + supporting records for a clean handoff. -
Accounts Receivable Definition Including Examples
Accounts Receivable definition: the total of unpaid sales invoices held in a category called Accounts Receivable in the Assets section of a balance sheet. -
10 End of Year Bookkeeping Tips
10 end of year bookkeeping tips to get ready for tax: 1) When to do these checks, 2) Reconcile the bank, 3) Enter expenses paid with personal money, 4) Check your...