Description
Book SynopsisUK bookkeeping and accounting basics for the rest of us Unless you're one of those rare "numbers people," the thought of accounting and bookkeeping probably make your head spin.
Table of ContentsIntroduction 1
Book I: Basic Bookkeeping 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
Book II: Bookkeeping Day to Day 83
Chapter 1: Planning and Controlling Your Workload 85
Chapter 2: Counting Your Sales 99
Chapter 3: Buying and Tracking Your Purchases 125
Chapter 4: Doing Your Banking 141
Book III: Undertaking Monthly and Quarterly Tasks 155
Chapter 1: Adding the Cost of Value‐Added Tax (VAT) 157
Chapter 2: Employee Payroll and Benefits 171
Chapter 3: Adjusting Your Books 191
Book IV: Working to Prepare Financial Statements 209
Chapter 1: Producing a Profit and Loss Statement 211
Chapter 2: Developing a Balance Sheet 227
Chapter 3: Cash Flows and the Cash Flow Statement 245
Book V: Accountants: Managing the Business 269
Chapter 1: Discovering Different Business Types 271
Chapter 2: Choosing Accounting Methods 281
Chapter 3: Managing Profit Performance 307
Chapter 4: Cost Conundrums 331
Chapter 5: Business Budgeting 355
Book VI: Accountants: Working with the Outside World 379
Chapter 1: Getting a Financial Report Ready for Prime Time 381
Chapter 2: How Investors Read a Financial Report 401
Chapter 3: Professional Auditors and Advisers 431
Index 445
