Bookkeeping 101: A Business’s Guide to the Basics
Master bookkeeping basics for a small business: accounts, source documents, invoicing, expenses, reconciliations, payroll, taxes, month-end close, and reports.
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Master bookkeeping basics for a small business: accounts, source documents, invoicing, expenses, reconciliations, payroll, taxes, month-end close, and reports.
Prepare a bank reconciliation by matching the bank statement to the cash ledger, recording missing entries, explaining timing differences, and proving the adjusted balance.
Create and maintain an accounting ledger with a sound chart of accounts, balanced postings, running balances, control accounts, and month-end checks.
Fill out a receipt book correctly with complete dates, numbering, customer details, line items, tax, payment method, copies, corrections, and bookkeeping controls.