3rd edition

Practical Accounts & Bookkeeping in easy steps, 3rd edition is updated to cover the latest UK legislation. It starts with the basics you need to know to record your day-to-day transactions and how they appear in Nominals, Trial Balance, Profit & Loss and the Balance Sheet. It then covers:

  • Understanding accounts and why they are important.
  • The legal documents required when preparing accounts.
  • What happens if accounts are not submitted in time, and when accounts need to be sent to authorities.
  • Creating a balance sheet using sales ledgers, purchase ledgers, and nominal ledgers.
  • VAT – registering, charging, and reclaiming.
  • Annual adjustments – Prepayments, Accruals, etc.
  • Calculating Profit for tax and Capital Allowances.
  • Key Accounting Principles: Double Entry, Direct and Indirect costs, Fixed and Current Assets, Depreciation, Capital Allowance, and more!
  • This book will help you make sense of the “daunting” accounts world. It will help you to spot problems in the accounts and explain them to others using the correct terminology. It will also show you how computer software has been designed to simplify the processes. Master basic bookkeeping, then work through the book at your own pace to get a deeper understanding of Accounts.

    Practical Accounts & Bookkeeping in easy steps, 3rd edition is ideal for business owners as well as students.

    Includes examples to practice, and a Questions and Answers section to test yourself!

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    Shows the non-accountant how to understand business finances - in easy steps. Master basic bookkeeping: sales ledgers, purchase ledgers, and nominal ledgers, VAT, Capital Accounts, Double-Entry Bookkeeping, Fixed and Current Assets, and more!
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    1. Introduction
    2. Annual Accounts
    3. Balance Sheet
    4. Record Keeping
    5. Understanding Accounts
    6. VAT
    7. Companies
    8. Double Entry
    9. Nominal Accounts
    10. Double Entry for VAT
    11. Accounting Software
    12. Other Financial Statements
    13. Business Tax
    14. Glossary
    15. Test Yourself!
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    In Easy Steps – a trusted source for fast learning! Developed by professionals, In Easy Steps guides are written in a clear and concise style to enable the reader to learn with minimal time and effort. Rather than spending hours trawling the internet for information, these guides enable efficient learning so that readers can get on with their real work or start enjoying the new technology straight away. Written in a jargon-free, easy-to-follow style with helpful graphics, the In Easy Steps books explain everything the user needs to know to get working with a new device, programming language, software, electronics, or to sharpen up other professional skills. A great investment! Already used by millions worldwide for self-learning as well as for classroom-based training for effective learning.
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    Produktdetaljer

    ISBN
    9781787910263
    Publisert
    2025-04-14
    Utgave
    3. utgave
    Utgiver
    In Easy Steps Limited
    Høyde
    227 mm
    Bredde
    186 mm
    Dybde
    16 mm
    Aldersnivå
    G, 01
    Språk
    Product language
    Engelsk
    Format
    Product format
    Heftet
    Antall sider
    288

    Forfatter

    Biografisk notat

    Alex Byrne worked for HM Revenue & Customs (HMRC) for 23 years and was a senior Inspector of Taxes. He began his own tax consultancy business in 1997. He has been helping people with their tax and accountancy problems ever since, dealing with HMRC tax investigations, HMRC driven insolvencies, Capital Gains Tax problems, PAYE and Minimum National Wage settlements and any problem that anyone has with tax and HMRC. He assists with an accountancy practice and over the years has seen people get into difficulties with Companies House and HMRC often as a result of poor record keeping and failing to meet deadlines. He has seen the problems first as an Inspector of taxes and then as a tax adviser, and has worked tirelessly to produce improved computer records and record systems so business accounts can be produced efficiently at a reasonable cost.