Bookkeeping for Dummies (Paperback, 4, UK)

Introduction 1

Part I: Basic Bookkeeping: Why You Need It 5

Chapter 1: So You Want to Do the Books 7

Chapter 2: Getting Down to Bookkeeping Basics 19

Chapter 3: Outlining Your Financial Roadmap with a Chart of Accounts 39

Chapter 4: Looking at Ledgers 57

Chapter 5: Discovering Different Business Types 83

Part II: Recording Day‐to‐Day Business Operations 93

Chapter 6: Planning and Controlling Your Workload 95

Chapter 7: Counting Your Sales 107

Chapter 8: Buying and Tracking Your Purchases 135

Chapter 9: Doing Your Banking 149

Part III: Preparing the Books for Year‐ (or Month‐) End 163

Chapter 10: Adjusting Your Books 165

Chapter 11: Depreciating Your Assets 183

Chapter 12: Adding the Cost of Value Added Tax (VAT) 197

Part IV: Reporting Results and Starting Over 211

Chapter 13: Producing a Profit and Loss Statement 213

Chapter 14: Developing a Balance Sheet 231

Chapter 15: Reporting for Not‐For‐Profit Organisations 249

Chapter 16: Preparing Your Year‐End Accounts 265

Part V: Payroll Preparation and Online Accounts Tools 271

Chapter 17: Employee Payroll and Benefits 273

Chapter 18: Cloud Accounting: The Modern Approach to Bookkeeping 293

Part VI: The Part of Tens 305

Chapter 19: Top Ten Ways to Manage Your Business Cash with Your Books 307

Chapter 20: Top Ten Most Important Accounts for Any Bookkeeper 311

Appendix: Glossary 315

Index 321