Category: Learn Bookkeeping
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Why Should I Take Control Of My Business Accounts?
In the UK, HMRC have said they will be introducing compulsory quarterly accounting periods for all businesses sometime in the not too distant future (if you’re in any other country and you don’t already have this, be warned, it will be coming to a place near you soon – just as VAT will eventually replace…
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On Journals And Ledgers
It’s been an incredibly busy month here on Accounting for Everyone, with many wonderful new comments on the various weeks course material. It took me many years to really understand double-entry. I did it by reading all the books I could get my hands on, and talking to thousands of business owners, oh, and the…
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Bad Debts
Every business will suffer from a bad debt at some point in its life and this short guide will show you how to account for them in your business. A bad debt is where a customer does not pay you for work done. That could be for many reasons: Bankruptcy Refuses to pay Disputes your…
