The bestselling guide to stress-free bookkeeping.
Do you want to save time, money, and a few grey hairs by establishing efficient bookkeeping practices? You’ve come to the right place! Bookkeeping For Dummies, Second Australian & New Zealand Edition, shows small business owners and bookkeepers how to record day-to-day transactions, understand GST, generate Profit & Loss reports, and so much more. Inside, you’ll get to grips with bookkeeping basics, discover how to record business transactions correctly, use the latest accounting software, and find out how to manage employee payroll. You’ll also get advice on allocating tricky transactions correctly.
The new edition of this bestselling guide has been fully updated to include cloud accounting software, bank feeds, and automated reconciliations. You can find out about changes to BAS Agent legislation, and the latest in payroll and tax reporting obligations. New chapters include how to start your own independent bookkeeping practice, and a practical explanation of the bookkeeper’s professional ‘code of conduct.’
Covers cloud accounting and recent changes in the accounting software landscape
Includes information and resources specific to Australia and New Zealand
Contains a Foreword written by Matthew Addison, Executive Director of the Institute of Certified Bookkeepers
Provides lots of helpful information and tips for students studying Certificate IV in Bookkeeping or Financial Services.
Do you know your assets from your equity? Or are you confused about depreciation? Whether you’re a small business owner who is new to bookkeeping or a seasoned bookkeeping professional who wants to learn more about creating complex financial reports, Bookkeeping For Dummies
sets you up for success.
About the Authors
Veechi Curtis is a qualified accountant and consultant who specialises in teaching small businesses about technology and finance. She is the author of several bestselling For Dummies business titles.
Lynley Averis is a New Zealand MYOB Certified Consultant and training specialist, as well as an accredited coach with Business Mentors New Zealand.
Part I: First Steps 5
Chapter 1: Introducing the Bookkeeping Game 7
Chapter 2: Creating a Framework 21
Chapter 3: Going for the Big Equation 39
Part II: Forming a Plan 57
Chapter 4: Playing a Bookkeeper’s Rhythm 59
Chapter 5: Choosing the Right Tool for the Job 73
Chapter 6: Understanding GST 91
Part III: Recording Day-to-Day Transactions 113
Chapter 7: Recording Expenses and Supplier Payments 115
Chapter 8: Recording Receipts and Sales 143
Chapter 9: Paying Employees 163
Chapter 10: Reconciling Accounts 187
Part IV: Pulling It All Together 201
Chapter 11: Reporting for Payroll 203
Chapter 12: Managing Inventory and Other Assets 223
Chapter 13: Mastering Tricky Situations 243
Chapter 14: Checking Your Work 265
Chapter 15: Understanding Financial Reports 285
Chapter 16: Starting a New Financial Year 303
Part V: Running Your Own Bookkeeping Business 317
Chapter 17: Starting Up On Your Own 319
Chapter 18: Staying on the Right Side of the Law 333
Part VI: The Part of Tens 349
Chapter 19: Ten Tips for Not-for-Profit Organisations 351
Chapter 20: Ten Tricks for Collecting Money 359