Bookkeeping for Beginners
BUSINESS OWNERS
Startup your bookkeeping records and processes the right way with confidence.
BOOKKEEPERS
Refresh your knowledge or learn something new about business accounting.
tEACHERS & STUDENTS
Get more understanding about the principles of double-entry bookkeeping.
How-to Guides . Tutorials . Tips . Printable Forms . Excel Templates
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How-to Guides
Tutorials
Tips
Printable Forms
Excel Templates
Click above button to get our most popular Excel Template for easy bookkeeping! It's free.
get help with
- How to track your income and expenses
- Processing bank reconciliations
- Understanding reports
- Software choices
- Invoicing customers
- Tracking bills
- The nitty-gritty about journals and ledgers
- and lots more
I take you through the principles and methods of entering financial data into the business books in an organized way...
...so you can put it into practice and be confident that you are getting the basics right, and can trust your figures.
Where to start
To maintain an effective accounts system, a business cannot survive without:
Good Bookkeeping Software
Details of different software options - paid and free - to help you select the one that suits you best.
The Right Day-to-Day Procedures
How-to guides for basic bookkeeping including banking, petty cash care, accounts receivable and payable, filing systems, and more day-to-day tips.
Financial Reports
Which pull all the information together so you know what the result is of all your hard work:
Profit and Loss Report
Balance Sheet and Cash Flow
Our most popular free Excel Template:
Our most popular free Excel Template:
Bookkeeping 101
Single Entry where figures are entered once - this is the cash book - great for starting up small and for easing you in to the next method.
Double entry where the same amount is literally entered twice to 'balance the books' - a term you may have heard before. This sections goes through the accounting equation, source documents, journals and ledgers plus quizzes.
Terms Glossary which gives you definitions of the common words used in bookkeeping from A-Z.
Questions find answers to some common questions
Tutorials and Examples
There are plenty of tutorials with examples and practice sheets, like these:
Bookkeeping Tips
Bank Reconciliations
Journal Entries
Free Bookkeeping Courses
Forms and Templates
Forms - 30 free PDF forms that can be printed and used by small business owners who prefer manual bookkeeping, or anyone needing to practice.
Excel Templates - Over 15 free Excel templates designed for business and students.
Are you a small business owner?
When planning your business you have to decide how you are going to tackle the financial records. Every business needs to have a structured method of recording the money coming in and going out the bank.
The question is whether or not you as the business owner with limited knowledge want to do this job yourself or hire the services of a professional.
If you have enthusiasm, patience, and time then your answer should be yes to doing it yourself to start with! You might also be motivated by your desire to keep your costs down.
Of course, this is just until your business grows and you find yourself running haggard trying to juggle all the different aspects - by which time outsourcing the work to a bookkeeper would be a fabulous idea!
Are you a Bookkeeper?
Delve deeper into this site by clicking on all the links and exploring.
Go the site map or enter a search term in the Google bar at the top of the website if you are looking for something specific.
Are you a student?
Are you currently studying this subject or business, finance or accounting?
I am sure you will find this resource a helpful addition to your study material.
Remember to Bookmark this site so you can easily return!
What others say...
Matthew
"I just want to say thank you for this incredible site!! I've yet to get a handle on my bookkeeping but for the first time ever, I'm actually feeling slightly comfortable about facing this task. I hope to get a better handle on my personal budget as well as my business accounts! Thank you for this very impressive layout of documents and information!"
Dale
"I have been in here extensively and have made use of your Excel Cash Book file. What a truly amazing initiative you have put together here. I am so glad to have come across your website - can not give enough good praise. You far exceed any expectations - most of us are always so doubtful of someone actually coming through due to historically encountering failure after failure from the myriad of "free" and "I can help" site after site. You deliver exactly what you say (and then some). Again, thank you very much."
Ana
"I cannot thank you enough for your site and all the expertise put in such a simple manner! I've started self- employment and running the finances of my business was a terror! Not anymore! I can grasp the basics and learn a little more everyday with your information!"
Click above button to get our most popular Excel Template for easy bookkeeping! It's free.
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From The Blog
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How is Sales Tax Calculated
Jul 25, 24 01:07 AM
How is sales tax calculated? The main formula is: the price multiplied by sales tax rate, see more formulas, lots of examples, get free Excel calculator. -
What is Sales Tax
Jun 05, 24 11:07 PM
What is sales tax? It is a consumer tax charged to customers and paid on to the government by the business making the sale. Technology can help automate this process. -
Types of Bookkeeping Accounts Used To Organize Income and Expenses
Nov 21, 23 08:10 PM
The main types of bookkeeping accounts are assets, liabilities, equity, revenue and expenses which can be further classified into real and nominal accounts
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