Do you know your assets from your equity? Or are you depressed about depreciation? Whether youdsquo;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, third Australian Edition has something for everyone, from building your own list of accounts to learning about the latest developments in cloud accounting software. Whatever your bookkeeping needs, this practical guide will help you ensure that the numbers add up tdash; every time.
Get to grips with bookkeeping basics tdash; understand bookkeeping lingo, record income and expenses, and separate your assets from your liabilities
Record business transactions correctly odash; make the end of the month hassle-free.
Use accounting software rdash; throw out that box of receipts and discover the wonderful world of accounting software, including all the latest cloud accounting options.
Manage employee payroll dash; ensure your employees squo; wages, tax, leave and superannuation are correct, no matter the size of your organization
Stay on the right side of the law and the tax man ndash; tick all the boxes, from registering a business to calculating GST correctly.
Create detailed financial statements ndash; use more advanced bookkeeping techniques to measure profitability and forecast future growth
Pass your exams with flying colours ,dash; succeed in Certificate IV Bookkeeping with lots of information and tips for your core units.
This edition has been comprehensively updated to include:
Changes in the accounting software landscape, including much more about Xero
Coverage of cloud accounting and cloud software in general plus explanations of cloud features (now in all products), particularly bank feeds and automated reconciliations
Implications of cloud accounting software for the independent bookkeeping practice
Changes to some tax regulations (including capital acquisition thresholds and small business concessions)
Changes to BAS Agent legislation and requirements for bookkeepers
More information on the squo;how-to-allocate squo; FAQs that bookkeepers often have.