Bookkeeping workbook for dummies

Fully updated for a UK audience, this workbook is the easiest way to grasp the essentials of bookkeeping, covering everything from setting up a system to managing payroll and preparing financial statements. Expert author Jane Kelly provides a step-by-step guide through financial record-keeping, offering quick tips to navigate interactive exercises and practical problems, helping you enhance your skills. Whether you're enrolled in a bookkeeping course or managing finances for a small business, this resource is your quickest path to proficiency. The content is organized into several parts: - **Exploring Bookkeeping Basics**: Learn the fundamentals, design your bookkeeping system, and create a business roadmap. - **Putting it All on Paper**: Understand the big picture, delve into journaling, and design controls for your records. - **Tracking Day-to-Day Operations**: Focus on purchasing goods, monitoring sales, and handling payroll and benefits. - **Getting Ready for Year-End**: Manage asset depreciation, handle interest payments, and ensure your books are accurate. - **Reporting Results and Starting Over**: Develop balance sheets, produce profit and loss statements, and tackle business taxes. - **The Part of Tens**: Includes checklists for cash management, accounts to monitor, and common problems to practice. This comprehensive guide is designed to help you master bookkeeping efficiently and effectively.