Author(s): Veechi Curtis

Business

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All small business owners need to have a firm grasp on their finances and having a basic understanding of bookkeeping is essential. From understanding GST through to recording everyday transactions and creating reports, Bookkeeping Essentials For Dummies, third Australian Edition is a must-have for anyone who wants to quickly and easily understand the key concepts of bookkeeping in Australia.

Learn the essentials of bookkeeping with this user-friendly guide

Whether you're balancing your own books or employing someone else to do it, having a basic understanding of bookkeeping is crucial for all small business owners. Bookkeeping Essentials For Dummies, third Australian Edition provides information on the core concepts that you need to understand to keep the finances of any business, no matter how large or small, in order. The book includes information on:

• Choosing the right accounting software, including the latest cloud accounting offerings


• Creating record-keeping systems


• Recording expenses, payments, receipts and sales


• Reconciling accounts


• Calculating GST and coding transactions correctly


• Understanding financial reports

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

Discover how to streamline your business, work more efficiently and take the stress out of bookkeeping with Bookkeeping Essentials For Dummies, third Australian Edition.