{"product_id":"bookkeeping-for-dummies-australia-paperback-softback-9780730384731","title":"Bookkeeping For Dummies - Australia (Paperback \/ softback) 9780730384731","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eBookkeeping For Dummies - Australia\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eVeechi Curtis (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780730384731, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 25 September 2020\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e400 pages\u003cbr\u003e2.4 x 1.9 x 0.2 cm, 0.624 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003eTake the stress out of bookkeeping with this bestselling guide - written specifically for the Australian audience!\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWarren Buffet has called accounting \"the language of business\" – the less well you speak it, the less likely you are to succeed. But there's no need to be intimidated: \u003ci\u003eBookkeeping for Dummies\u003c\/i\u003e, 3rd Australian Edition is here to help make – and keep – you fluent. Whether you're a small business owner who's beginning to grapple with concepts and terminology, or a bookkeeping professional who wants to stay on track with the latest software or regulations, this bestseller will help you keep your business on the right side of the ledger.\u003c\/p\u003e \u003cp\u003eWritten in friendly, easy-to-follow style by leading financial tech author and instructor Veechi Curtis, this comprehensively updated guide has you covered: from the basics—understanding the lingo and recording income vs. expenses—all the way to Cloud accounting and conforming to the latest BAS legal requirements.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eMaster the essentials, from recording transactions to processing payroll\u003c\/li\u003e \u003cli\u003eChoose and use the right software for your needs\u003c\/li\u003e \u003cli\u003eAllocate difficult-to-code transactions more easily\u003c\/li\u003e \u003cli\u003ePass certified courses with flying colours\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWhatever your needs, this \u003ci\u003eBookkeeping For Dummies\u003c\/i\u003e, 3rd Australian Edition will keep you out of the red and ensure all your numbers add up flawlessly – every time.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eForeword xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction \u003c\/b\u003e\u003cb\u003e1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAbout This Book 2\u003c\/p\u003e \u003cp\u003eFoolish Assumptions 2\u003c\/p\u003e \u003cp\u003eIcons Used in This Book 2\u003c\/p\u003e \u003cp\u003eWhere to Go from Here 3\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1: First Steps \u003c\/b\u003e\u003cb\u003e5\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Introducing the Bookkeeping Game\u003c\/b\u003e 7\u003c\/p\u003e \u003cp\u003eUnderstanding the Bookkeeping Life Cycle 8\u003c\/p\u003e \u003cp\u003eFiguring How Often to Do the Deed 9\u003c\/p\u003e \u003cp\u003eWorking with a shoebox 9\u003c\/p\u003e \u003cp\u003eDoing the books as you go 11\u003c\/p\u003e \u003cp\u003eStaying on the Right Side of the Law 13\u003c\/p\u003e \u003cp\u003eRegistering as a business 13\u003c\/p\u003e \u003cp\u003eGetting to grips with GST 14\u003c\/p\u003e \u003cp\u003eManaging payroll 14\u003c\/p\u003e \u003cp\u003eDeveloping an Attitude 14\u003c\/p\u003e \u003cp\u003eConvince yourself this stuff matters 15\u003c\/p\u003e \u003cp\u003eQuit counting sheep 15\u003c\/p\u003e \u003cp\u003eDo your job well 16\u003c\/p\u003e \u003cp\u003eGetting Skilled Up 16\u003c\/p\u003e \u003cp\u003eKeeping your qualifications up to date 17\u003c\/p\u003e \u003cp\u003eJoining an association 17\u003c\/p\u003e \u003cp\u003eSigning up to a course 17\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Creating a Framework\u003c\/b\u003e\u003cb\u003e 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePutting Everything in Its Place 20\u003c\/p\u003e \u003cp\u003eClassifying Accounts 21\u003c\/p\u003e \u003cp\u003eBuilding Your Profit \u0026amp; Loss Accounts 22\u003c\/p\u003e \u003cp\u003eAnalysing income streams 22\u003c\/p\u003e \u003cp\u003eSeparating cost of sales accounts 22\u003c\/p\u003e \u003cp\u003eCataloguing expenses 24\u003c\/p\u003e \u003cp\u003eDealing with personal expenses 26\u003c\/p\u003e \u003cp\u003eSeeing Where the Money’s Made 27\u003c\/p\u003e \u003cp\u003eItemising Balance Sheet Accounts 28\u003c\/p\u003e \u003cp\u003eAdding up the assets (ah, joy of joys) 29\u003c\/p\u003e \u003cp\u003eListing liabilities (oh, woe is me) 31\u003c\/p\u003e \u003cp\u003eAccounting for equity 32\u003c\/p\u003e \u003cp\u003eBuilding a Final Chart of Accounts 34\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Going for the Big Equation\u003c\/b\u003e\u003cb\u003e 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMatchmaking with Debits and Credits 38\u003c\/p\u003e \u003cp\u003eStudying a little give and take 38\u003c\/p\u003e \u003cp\u003eFollowing a modern fable 40\u003c\/p\u003e \u003cp\u003ePutting Theory into Practice 41\u003c\/p\u003e \u003cp\u003eMoving funds in bank accounts 43\u003c\/p\u003e \u003cp\u003eTaking a peek at sales 44\u003c\/p\u003e \u003cp\u003eChecking out expenses 45\u003c\/p\u003e \u003cp\u003eViewing stock movements 45\u003c\/p\u003e \u003cp\u003eThrowing GST into the mix 46\u003c\/p\u003e \u003cp\u003ePlaying the Double-Entry Game with Accounting Software 47\u003c\/p\u003e \u003cp\u003eDrilling down to the debits and credits 48\u003c\/p\u003e \u003cp\u003eRecording general journals 48\u003c\/p\u003e \u003cp\u003eChoosing between Cash and Accrual 49\u003c\/p\u003e \u003cp\u003eKeeping things simple with cash 49\u003c\/p\u003e \u003cp\u003eGetting more info with accrual 50\u003c\/p\u003e \u003cp\u003eLaying down the deal in debits and credits 51\u003c\/p\u003e \u003cp\u003eEnjoying a half-half measure 52\u003c\/p\u003e \u003cp\u003eUsing one method for your books, and another for income tax 53\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2: Forming a Plan\u003c\/b\u003e\u003cb\u003e 55\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Playing a Bookkeeper’s Rhythm\u003c\/b\u003e\u003cb\u003e 57\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReporting for GST 58\u003c\/p\u003e \u003cp\u003eIdentifying deadlines 58\u003c\/p\u003e \u003cp\u003eManaging cashflow 58\u003c\/p\u003e \u003cp\u003eStaying on Top of Payroll 60\u003c\/p\u003e \u003cp\u003eGenerating Reports 61\u003c\/p\u003e \u003cp\u003eDevising a Record-keeping System 63\u003c\/p\u003e \u003cp\u003eFiling that needle in the haystack 63\u003c\/p\u003e \u003cp\u003eDeciding what to keep and how long for 65\u003c\/p\u003e \u003cp\u003eDeveloping a Bookkeeping Calendar 66\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Working with Accounting Software\u003c\/b\u003e\u003cb\u003e 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGetting into Gear 70\u003c\/p\u003e \u003cp\u003eLaying essential foundations 70\u003c\/p\u003e \u003cp\u003eUnderstanding basic terms 70\u003c\/p\u003e \u003cp\u003eWorking in the cloud 72\u003c\/p\u003e \u003cp\u003eProtecting your private parts 73\u003c\/p\u003e \u003cp\u003eMatching Software to the Job in Hand 74\u003c\/p\u003e \u003cp\u003eStarting up a new business 74\u003c\/p\u003e \u003cp\u003eGetting ready to grow 75\u003c\/p\u003e \u003cp\u003eMaking stuff and buying stuff 75\u003c\/p\u003e \u003cp\u003eCatering for bigger business or non-profits 76\u003c\/p\u003e \u003cp\u003eSetting Up Accounting Software 76\u003c\/p\u003e \u003cp\u003ePreparing for battle 76\u003c\/p\u003e \u003cp\u003eTaking your first steps 78\u003c\/p\u003e \u003cp\u003eMopping up when the dust has settled 79\u003c\/p\u003e \u003cp\u003eProtecting Your Accounting Data 80\u003c\/p\u003e \u003cp\u003eGetting your data off the cloud 80\u003c\/p\u003e \u003cp\u003eStoring data safely 81\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Understanding GST\u003c\/b\u003e\u003cb\u003e 83\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCoughing Up the Difference 84\u003c\/p\u003e \u003cp\u003eSigning Up (Do You Have a Choice?) 84\u003c\/p\u003e \u003cp\u003eSubmitting to the inevitable 85\u003c\/p\u003e \u003cp\u003eChoosing not to register 85\u003c\/p\u003e \u003cp\u003ePicking a reporting method to suit 86\u003c\/p\u003e \u003cp\u003eReporting for duty 87\u003c\/p\u003e \u003cp\u003eCalculating GST 87\u003c\/p\u003e \u003cp\u003eFiguring What’s Taxed and What’s Not 88\u003c\/p\u003e \u003cp\u003eMove it, groove it, tax it 88\u003c\/p\u003e \u003cp\u003eTransactions with no GST 89\u003c\/p\u003e \u003cp\u003eUnderstanding Tax Codes 90\u003c\/p\u003e \u003cp\u003eCreating a list of tax codes 90\u003c\/p\u003e \u003cp\u003eLinking accounts to tax codes 92\u003c\/p\u003e \u003cp\u003eStaying Out of Trouble 93\u003c\/p\u003e \u003cp\u003eAvoiding traps for the unwary 94\u003c\/p\u003e \u003cp\u003eKeeping personal matters separate 94\u003c\/p\u003e \u003cp\u003eDancing the Paperwork Polka 95\u003c\/p\u003e \u003cp\u003eBrewing up a Tax Invoice 96\u003c\/p\u003e \u003cp\u003eChecking supplier bills 96\u003c\/p\u003e \u003cp\u003eVerifying that ABNs are correct 97\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3: Recording Day-To-Day Transactions\u003c\/b\u003e\u003cb\u003e 99\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Recording Expenses and Supplier Payments\u003c\/b\u003e\u003cb\u003e 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCreating Order Out of Chaos 102\u003c\/p\u003e \u003cp\u003eGetting your hands on the right info 102\u003c\/p\u003e \u003cp\u003eFiling stuff so you can find it again 103\u003c\/p\u003e \u003cp\u003eWorking with a Micro Business 104\u003c\/p\u003e \u003cp\u003eAutomating data entry with bank feeds 105\u003c\/p\u003e \u003cp\u003eEntering transactions one by one 107\u003c\/p\u003e \u003cp\u003eListing expenses on a spreadsheet 109\u003c\/p\u003e \u003cp\u003eRecording Expenses for a Small Business 111\u003c\/p\u003e \u003cp\u003eDeciding whether to use accrual accounting 112\u003c\/p\u003e \u003cp\u003eRefining the process 113\u003c\/p\u003e \u003cp\u003eKeeping tabs on who you owe 114\u003c\/p\u003e \u003cp\u003eDealing with EFTPOS and credit card transactions 115\u003c\/p\u003e \u003cp\u003eBookkeeping for a Larger Business 115\u003c\/p\u003e \u003cp\u003eManaging supplier orders and invoices 116\u003c\/p\u003e \u003cp\u003eMaking supplier payments 118\u003c\/p\u003e \u003cp\u003eDealing with EFTPOS and credit card transactions 118\u003c\/p\u003e \u003cp\u003eAllocating Transactions 119\u003c\/p\u003e \u003cp\u003eSelecting allocation accounts 119\u003c\/p\u003e \u003cp\u003eGetting things right: five top tips 121\u003c\/p\u003e \u003cp\u003eNitpicking over Petty Cash and Out-of-Pocket Expenses 123\u003c\/p\u003e \u003cp\u003eStoring cash under lock and key 123\u003c\/p\u003e \u003cp\u003eRobbing Peter to pay Paul 125\u003c\/p\u003e \u003cp\u003eKeeping tabs of expenses on the run 128\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Recording Receipts and Sales \u003c\/b\u003e\u003cb\u003e129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKeeping Track of Sales and Payments 130\u003c\/p\u003e \u003cp\u003eRecording customer sales 130\u003c\/p\u003e \u003cp\u003eEntering customer payments 132\u003c\/p\u003e \u003cp\u003eWorking on a Cash Basis 133\u003c\/p\u003e \u003cp\u003eRecording cash receipts using accounting software 134\u003c\/p\u003e \u003cp\u003eListing income on a spreadsheet 135\u003c\/p\u003e \u003cp\u003eCombining income and expenses on the same spreadsheet 137\u003c\/p\u003e \u003cp\u003eBookkeeping for Other Kinds of Income 138\u003c\/p\u003e \u003cp\u003eRecording miscellaneous receipts 138\u003c\/p\u003e \u003cp\u003eDazzling everyone with your brilliance 139\u003c\/p\u003e \u003cp\u003eBringing Home the Bacon 140\u003c\/p\u003e \u003cp\u003eDealing with Tricky Situations 142\u003c\/p\u003e \u003cp\u003eDishing out discounts 142\u003c\/p\u003e \u003cp\u003eDealing with prepayments 142\u003c\/p\u003e \u003cp\u003eGiving credits or refunds 143\u003c\/p\u003e \u003cp\u003eWriting off bad debts 144\u003c\/p\u003e \u003cp\u003eMaking Sure Cash Doesn’t Go Astray 145\u003c\/p\u003e \u003cp\u003eSeparating powers between bookkeepers and the cash 145\u003c\/p\u003e \u003cp\u003ePutting in good controls 146\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Paying Employees\u003c\/b\u003e\u003cb\u003e 149\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStaying Squeaky Clean 150\u003c\/p\u003e \u003cp\u003eHiring a New Employee 151\u003c\/p\u003e \u003cp\u003eStep One: Complete a tax file declaration 152\u003c\/p\u003e \u003cp\u003eStep Two: Supply a Fair Work Statement 152\u003c\/p\u003e \u003cp\u003eStep Three: Cover against mishaps 153\u003c\/p\u003e \u003cp\u003eStep Four: Subscribe to super 153\u003c\/p\u003e \u003cp\u003eStep Five: Ensure your software is up to speed 154\u003c\/p\u003e \u003cp\u003eChecking Minimum Pay and Conditions 155\u003c\/p\u003e \u003cp\u003eGetting to Pay Day 156\u003c\/p\u003e \u003cp\u003ePaying folks their dues 156\u003c\/p\u003e \u003cp\u003eChecking timesheets are accurate 158\u003c\/p\u003e \u003cp\u003eTaxing pay (no mercy shown) 159\u003c\/p\u003e \u003cp\u003eDealing with deductions 160\u003c\/p\u003e \u003cp\u003eCalculating superannuation 161\u003c\/p\u003e \u003cp\u003eSubmitting to Single Touch Payroll 162\u003c\/p\u003e \u003cp\u003eTaking Leave 163\u003c\/p\u003e \u003cp\u003eCalculating leave on a percentage basis 164\u003c\/p\u003e \u003cp\u003eCalculating hours per pay period 165\u003c\/p\u003e \u003cp\u003eMaintaining Proper Records 166\u003c\/p\u003e \u003cp\u003eKeeping tabs on employee details 166\u003c\/p\u003e \u003cp\u003eRecording pays correctly 166\u003c\/p\u003e \u003cp\u003eIssuing legit pay slips 167\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Reconciling Accounts\u003c\/b\u003e\u003cb\u003e 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGetting Started 170\u003c\/p\u003e \u003cp\u003eDeciding what bank accounts to reconcile 170\u003c\/p\u003e \u003cp\u003eCalculating your true bank balance 170\u003c\/p\u003e \u003cp\u003eRecording your opening bank balance using accounting software 172\u003c\/p\u003e \u003cp\u003eDoing Your First Reconciliation 173\u003c\/p\u003e \u003cp\u003eReconciling accounts when you’re not using bank feeds 173\u003c\/p\u003e \u003cp\u003eReconciling accounts when you have bank feeds 175\u003c\/p\u003e \u003cp\u003eReconciling accounts with spreadsheets 176\u003c\/p\u003e \u003cp\u003eKeeping Proof that You’ve Done the Deed 177\u003c\/p\u003e \u003cp\u003eTroubleshooting Tricks 178\u003c\/p\u003e \u003cp\u003eBalancing Other Kinds of Accounts 180\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4: Pulling It All Together\u003c\/b\u003e\u003cb\u003e 183\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Reporting for Payroll\u003c\/b\u003e\u003cb\u003e 185\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePaying Tax and Super 186\u003c\/p\u003e \u003cp\u003eReporting and paying PAYG tax 186\u003c\/p\u003e \u003cp\u003ePaying superannuation 186\u003c\/p\u003e \u003cp\u003eReporting for other payroll liabilities 188\u003c\/p\u003e \u003cp\u003eEnsuring You Pay the Right Amounts 188\u003c\/p\u003e \u003cp\u003eUnderstanding what goes on behind the scenes 188\u003c\/p\u003e \u003cp\u003eBalancing your payroll accounts 189\u003c\/p\u003e \u003cp\u003eTroubleshooting when things don’t balance 190\u003c\/p\u003e \u003cp\u003eCalculating Other Payroll Expenses 193\u003c\/p\u003e \u003cp\u003eSplitting hairs with fringe benefits 193\u003c\/p\u003e \u003cp\u003eHitting the payroll tax threshold 194\u003c\/p\u003e \u003cp\u003eReporting for workers comp 195\u003c\/p\u003e \u003cp\u003eFinalising Pays at Year’s End 196\u003c\/p\u003e \u003cp\u003eMaking sure things are tickety-boo 196\u003c\/p\u003e \u003cp\u003eSubmitting your finalisation declaration 197\u003c\/p\u003e \u003cp\u003eGenerating payment summaries 199\u003c\/p\u003e \u003cp\u003eReporting for Taxable Payments (TPAR) 200\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Managing Inventory and Other Assets\u003c\/b\u003e\u003cb\u003e 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBuying In, Stocking Up and Selling Out 202\u003c\/p\u003e \u003cp\u003eBuying inventory to fill the shelves 202\u003c\/p\u003e \u003cp\u003eSelling inventory to make a buck 203\u003c\/p\u003e \u003cp\u003eMeasuring the profits 204\u003c\/p\u003e \u003cp\u003eCalculating the value of inventory 204\u003c\/p\u003e \u003cp\u003eOrganising Stocktakes 205\u003c\/p\u003e \u003cp\u003eBalancing Your Inventory Account 207\u003c\/p\u003e \u003cp\u003eAccounting for Assets 208\u003c\/p\u003e \u003cp\u003eFiguring out if something is an asset or an expense 208\u003c\/p\u003e \u003cp\u003eRecording new asset purchases 209\u003c\/p\u003e \u003cp\u003eRecording the sale of assets 210\u003c\/p\u003e \u003cp\u003eDealing with personal assets 212\u003c\/p\u003e \u003cp\u003eDepreciating Assets, One by One 213\u003c\/p\u003e \u003cp\u003eCalculating depreciation 213\u003c\/p\u003e \u003cp\u003eDepreciating using asset pools 215\u003c\/p\u003e \u003cp\u003eRecording depreciation 216\u003c\/p\u003e \u003cp\u003eAllowing for depreciation throughout the year 216\u003c\/p\u003e \u003cp\u003eChecking your schedule 218\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Mastering Tricky Situations\u003c\/b\u003e\u003cb\u003e 221\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRecording Journal Entries 222\u003c\/p\u003e \u003cp\u003ePlunging Into Debt 222\u003c\/p\u003e \u003cp\u003eGoing into the red 222\u003c\/p\u003e \u003cp\u003eAiming towards the black 224\u003c\/p\u003e \u003cp\u003eRecording loan interest and fees 224\u003c\/p\u003e \u003cp\u003eWorking with Hire Purchase, Leases and Chattel Mortgages 225\u003c\/p\u003e \u003cp\u003eTaking on a new hire purchase debt 225\u003c\/p\u003e \u003cp\u003eRecording hire purchase payments 227\u003c\/p\u003e \u003cp\u003eLiving it up with a new lease of life 228\u003c\/p\u003e \u003cp\u003eSigning up with a chattel mortgage 229\u003c\/p\u003e \u003cp\u003eAdjusting the Bottom Line 229\u003c\/p\u003e \u003cp\u003eReallocating prepaid expenses 230\u003c\/p\u003e \u003cp\u003eAccruing future expenses 230\u003c\/p\u003e \u003cp\u003eFiguring out leave provisions 233\u003c\/p\u003e \u003cp\u003eSeparating private expenses from business ones 235\u003c\/p\u003e \u003cp\u003eBringing Income into Line 237\u003c\/p\u003e \u003cp\u003eShifting income received in advance 237\u003c\/p\u003e \u003cp\u003eGrossing up dividends 238\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Checking Your Work\u003c\/b\u003e\u003cb\u003e 241\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStarting with the Bank Accounts 241\u003c\/p\u003e \u003cp\u003eStep 1: Checking that everything reconciles 242\u003c\/p\u003e \u003cp\u003eStep 2: Hunting for stale transactions 242\u003c\/p\u003e \u003cp\u003eStep 3: Drilling down on dates 243\u003c\/p\u003e \u003cp\u003eSpring Cleaning Your Debts 244\u003c\/p\u003e \u003cp\u003eStep 4: Getting debtors spick and span 245\u003c\/p\u003e \u003cp\u003eStep 5: Sweeping through the creditors 245\u003c\/p\u003e \u003cp\u003ePutting GST under the Griller 247\u003c\/p\u003e \u003cp\u003eStep 6: Hunting for coding mistakes 247\u003c\/p\u003e \u003cp\u003eStep 7: Balancing GST liability accounts 249\u003c\/p\u003e \u003cp\u003eUnderstanding Control Accounts 252\u003c\/p\u003e \u003cp\u003eStep 8: Balancing debtors and creditors 252\u003c\/p\u003e \u003cp\u003eStep 9: Giving inventory the once over 255\u003c\/p\u003e \u003cp\u003eStep 10: Priming the payroll 256\u003c\/p\u003e \u003cp\u003eDoing a Mini-Audit 257\u003c\/p\u003e \u003cp\u003eStep 11: Scanning transaction reports 257\u003c\/p\u003e \u003cp\u003eStep 12: Analysing summary results 258\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Understanding Financial Reports\u003c\/b\u003e\u003cb\u003e 259\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTelling the Story with Profit \u0026amp; Loss 260\u003c\/p\u003e \u003cp\u003ePutting income under the microscope 260\u003c\/p\u003e \u003cp\u003eWeighing up gross profit 261\u003c\/p\u003e \u003cp\u003eWatching expenses, dollar for dollar 263\u003c\/p\u003e \u003cp\u003ePainting a Picture with the Balance Sheet 264\u003c\/p\u003e \u003cp\u003eSketching assets, black as ink 265\u003c\/p\u003e \u003cp\u003eDrawing liabilities, red as blood 266\u003c\/p\u003e \u003cp\u003eSculpting equity, cast in gold 266\u003c\/p\u003e \u003cp\u003eUnderstanding the Relationship between Profit and Cash 267\u003c\/p\u003e \u003cp\u003eWhy there’s profit but no cash 268\u003c\/p\u003e \u003cp\u003eWhy there’s cash but no profit 269\u003c\/p\u003e \u003cp\u003eReporting where cash came from, and where it went 269\u003c\/p\u003e \u003cp\u003ePutting Results under the Microscope 271\u003c\/p\u003e \u003cp\u003eComparing this year against last year 271\u003c\/p\u003e \u003cp\u003eCalculating ratios 272\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: Starting a New Financial Year\u003c\/b\u003e\u003cb\u003e 277\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinalising the Old Year 278\u003c\/p\u003e \u003cp\u003eOut with the old year  in with the new 278\u003c\/p\u003e \u003cp\u003eGenerating end-of-year reports 279\u003c\/p\u003e \u003cp\u003eProtecting against accidents 280\u003c\/p\u003e \u003cp\u003eSending Data to Your Accountant 281\u003c\/p\u003e \u003cp\u003eMatching the Accountant’s Figures Against Your Own 283\u003c\/p\u003e \u003cp\u003eRecording year-end journals 283\u003c\/p\u003e \u003cp\u003eDealing with adjustments that only make things worse 284\u003c\/p\u003e \u003cp\u003eGetting creative when the accountant gives you nothing 284\u003c\/p\u003e \u003cp\u003eBridging the Communication Gap 286\u003c\/p\u003e \u003cp\u003eStarting a New Year 287\u003c\/p\u003e \u003cp\u003eUnderstanding what happens when you start a new year 287\u003c\/p\u003e \u003cp\u003eArchiving data — just one more time 289\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5: Running Your Own Bookkeeping Business\u003c\/b\u003e\u003cb\u003e 291\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17: Starting Up On Your Own\u003c\/b\u003e\u003cb\u003e 293\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDeciding Whether You’re Ready 293\u003c\/p\u003e \u003cp\u003eFive good things about starting your own bookkeeping business 294\u003c\/p\u003e \u003cp\u003eFive not-so-good things about starting your own bookkeeping business 294\u003c\/p\u003e \u003cp\u003eThinking through the Practicalities 296\u003c\/p\u003e \u003cp\u003eGetting qualifications in order 296\u003c\/p\u003e \u003cp\u003eUpdating your skills (and choosing software) 296\u003c\/p\u003e \u003cp\u003eLaunching Your New Business 297\u003c\/p\u003e \u003cp\u003eCreating a plan — no excuses 297\u003c\/p\u003e \u003cp\u003eDeciding what to charge 298\u003c\/p\u003e \u003cp\u003eCalculating billable hours 299\u003c\/p\u003e \u003cp\u003eThinking about your rate of return 301\u003c\/p\u003e \u003cp\u003eLooking for clients 301\u003c\/p\u003e \u003cp\u003eBuilding a Successful Business 303\u003c\/p\u003e \u003cp\u003eIdentify what makes you different 303\u003c\/p\u003e \u003cp\u003eJoin a professional association 304\u003c\/p\u003e \u003cp\u003eSet goals, and reach them too 304\u003c\/p\u003e \u003cp\u003eLook to the future 305\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18: Staying on the Right Side of the Law\u003c\/b\u003e\u003cb\u003e 307\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBecoming a BAS Agent 308\u003c\/p\u003e \u003cp\u003eFiguring out whether you have to register 308\u003c\/p\u003e \u003cp\u003eChecking out what skills and qualifications you need 309\u003c\/p\u003e \u003cp\u003eCovering yourself with insurance 310\u003c\/p\u003e \u003cp\u003eActing Honestly and Independently 311\u003c\/p\u003e \u003cp\u003eStaying squeaky clean 311\u003c\/p\u003e \u003cp\u003eAvoiding conflicts of interest 313\u003c\/p\u003e \u003cp\u003eKeeping stuff confidential 314\u003c\/p\u003e \u003cp\u003eMaking Sure Information Is Correct 315\u003c\/p\u003e \u003cp\u003eProviding competent services 316\u003c\/p\u003e \u003cp\u003eSupervising others’ work 316\u003c\/p\u003e \u003cp\u003eTaking reasonable care 317\u003c\/p\u003e \u003cp\u003eEnsuring tax laws are applied correctly 319\u003c\/p\u003e \u003cp\u003eUnderstanding the limits of your advice 319\u003c\/p\u003e \u003cp\u003eSetting Up Systems 319\u003c\/p\u003e \u003cp\u003eWriting an engagement letter 319\u003c\/p\u003e \u003cp\u003eProtecting client data 321\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 6: The Part of Tens\u003c\/b\u003e\u003cb\u003e 323\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19: Ten Tips for Not-for-Profit Organisations\u003c\/b\u003e\u003cb\u003e 325\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKnow and Love Your Cost Centres 326\u003c\/p\u003e \u003cp\u003eBecome the Budget Queen 327\u003c\/p\u003e \u003cp\u003eGet the Terminology Right 327\u003c\/p\u003e \u003cp\u003eReport to the Board 328\u003c\/p\u003e \u003cp\u003eGet Help with Payroll 329\u003c\/p\u003e \u003cp\u003eDo Killer Grant Reporting 329\u003c\/p\u003e \u003cp\u003eBe Accountable at All Times 329\u003c\/p\u003e \u003cp\u003eMake Sure You Can Survive an Audit 330\u003c\/p\u003e \u003cp\u003eTrack Membership Dues with Care 331\u003c\/p\u003e \u003cp\u003eKnow When to use Trust Accounts 331\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20: Ten Tricks for Collecting Money\u003c\/b\u003e\u003cb\u003e 333\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDraw Up a Credit Policy 334\u003c\/p\u003e \u003cp\u003eDo Your Homework 334\u003c\/p\u003e \u003cp\u003eDon’t Waste a Moment 335\u003c\/p\u003e \u003cp\u003eCalculate the Cost of Debts 336\u003c\/p\u003e \u003cp\u003eGet on the Blower 336\u003c\/p\u003e \u003cp\u003eDon’t Give Too Many Options 337\u003c\/p\u003e \u003cp\u003eKeep a Dossier 337\u003c\/p\u003e \u003cp\u003eTrack ’em Down 338\u003c\/p\u003e \u003cp\u003eStick to the Law 338\u003c\/p\u003e \u003cp\u003eGet Drastic 339\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 21: Ten Tips for Doing Your Books in the Shortest Possible Time \u003c\/b\u003e\u003cb\u003e341\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGet Connected with Bank Feeds 341\u003c\/p\u003e \u003cp\u003eCreate Bank Rules to Allocate Transactions Automatically 342\u003c\/p\u003e \u003cp\u003eScan Receipts 343\u003c\/p\u003e \u003cp\u003eCreate Recurring Transactions 344\u003c\/p\u003e \u003cp\u003eIntegrate Everything 344\u003c\/p\u003e \u003cp\u003eKeep Personal Stuff Separate 344\u003c\/p\u003e \u003cp\u003eLearn to Use all Ten Fingers 345\u003c\/p\u003e \u003cp\u003eSet Up Your Accounting Software Properly 345\u003c\/p\u003e \u003cp\u003eDitch Paper Records 346\u003c\/p\u003e \u003cp\u003eMake Customer Payments Easy 346\u003c\/p\u003e \u003cp\u003eGlossary 347\u003c\/p\u003e \u003cp\u003eIndex 357\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"For Dummies","offers":[{"title":"Brand New","offer_id":52458368532760,"sku":"9780730384731","price":15.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780730384731.jpg?v=1785371760","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/bookkeeping-for-dummies-australia-paperback-softback-9780730384731","provider":"Freshly Printed Books","version":"1.0","type":"link"}