We have developed a website called Business accounting basics over the last 5 years. It provides free accounting and bookkeeping advice, templates and forms for small businesses. Below are some useful links to the website.
Accounting basics guides you through the management reports including profit and Loss, balance sheet and cash flow forecasts.
There are many processes that need to be completed to get your bookkeeping up to date. Bookkeeping basics explains why it is so important to complete your records on a regular basis.
Within bookkeeping basics we will guide you through some of these processes and provide templates to assist. We have included bank reconciliation, credit control, depreciation, fixed assets, payroll, petty cash, purchase invoices, sales invoices and stock control.
There are many different accounting software options, we look at the different options that are available. We are a partner with Xero, which is a very easy to use and cloud based, but there are other options including Quickbooks, Sage and Excel spread sheets.