Do Your Own Accounts: Simple Bookkeeping Using Excel to Save Time and Money
in Accounting and BookkeepingAbout this course
What You'll Learn
- How to do your own accounts using a simple, user-friendly Excel spreadsheet
- Understand what the numbers in your accounts mean for your business
- Learn basic principles of bookkeeping and accounting, including how to create financial statements, balance sheets, and income statements
- Track income and expenses, manage invoices, and reconcile bank statements using Excel
- Discover practical tips and tricks for streamlining your bookkeeping processes
- Gain the confidence and skills to effectively manage your own accounts and focus on growing your business
Requirements
- Basic knowledge of Excel (ability to open and navigate an Excel file)
- No advanced Excel skills needed—everything is built into the provided template
Description
Are you tired of wasting time and money on bookkeeping? Look no further! Our "Do Your Own Accounts" course offers a simple and efficient solution to managing your business finances using just an Excel spreadsheet. This course is perfect for entrepreneurs, small business owners, and even bookkeepers who want to save on costly accountancy fees.
In just 90 minutes, you'll learn how to use an easy-to-follow Excel template to handle your small business bookkeeping, track income and expenses, and generate the necessary financial statements. This course is ideal for those who want to avoid complicated accounting software like Sage or QuickBooks but are comfortable using Excel.
The course takes a practical approach, guiding you through a fictitious company’s two months of bank statements. You'll learn how to fill in a cashbook, automatically populate your accounts, and even generate a profit and loss statement—all with the Excel template provided. Not only will this help you prepare your self-assessment tax return, but it also complies with international accounting standards for global reporting.
By the end of the course, you'll have the confidence to manage your own accounts and send a neatly organized set of accounts to your accountant, potentially saving money on accountancy fees. This course will reduce your stress, save you time, and empower you to take control of your finances.
Who This Course is For:
- Entrepreneurs and business owners, especially home-based businesses
- Bookkeepers who want an easy-to-use spreadsheet system for managing bookkeeping
- Small business owners who don't want to learn complex accounting software like Sage or QuickBooks but are comfortable using Excel
- Anyone looking to streamline their bookkeeping process and reduce accountancy costs
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