Bookkeeping for Dummies, 3rd Edition

Take the stress out of bookkeeping with this bestselling guide - written specifically for the Australian audience! Warren Buffet has called accounting "the language of business" – the less well you speak it, the less likely you are to succeed. But there's no need to be intimidated: Bookkeeping for Dummies , 3rd Australian Edition is here to help make – and keep – you fluent. Whether you're a small business owner who's beginning to grapple with concepts and terminology, or a bookkeeping professional who wants to stay on track with the latest software or regulations, this bestseller will help you keep your business on the right side of the ledger. Written in friendly, easy-to-follow style by leading financial tech author and instructor Veechi Curtis, this comprehensively updated guide has you covered: from the basics―understanding the lingo and recording income vs. expenses―all the way to Cloud accounting and conforming to the latest BAS legal requirements. Master the essentials, from recording transactions to processing payroll Choose and use the right software for your needs Allocate difficult-to-code transactions more easily Pass certified courses with flying colours Whatever your needs, this Bookkeeping For Dummies , 3rd Australian Edition will keep you out of the red and ensure all your numbers add up flawlessly – every time. Do you know your assets from your equity? Or are you depressed about depreciation? Whether you'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 - every time. Get to grips with bookkeeping basics - understand bookkeeping lingo, record income and expenses, and separate your assets from your liabilities Record business transactions correctly - make the end of the month hassle-free. Use accounting software - throw out that box of receipts and discover the wonderful world of accounting software, including all the latest cloud accounting options. Manage employee payroll - ensure your employees' 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 - tick all the boxes, from registering a business to calculating GST correctly. Create detailed financial statements - use more advanced bookkeeping techniques to measure profitability and forecast future growth Pass your exams with flying colours - 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 'how-to-allocate' FAQs that bookkeepers often have Take the stress out of bookkeeping with this bestselling guide! Warren Buffet has called accounting 'the language of business' - the less well you speak it, the less likely you are to succeed. But there's no need to be intimidated: Bookkeeping for Dummies, 3 rd Australian Edition is here to help make - and keep - you fluent. Whether you're a small business owner who's beginning to grapple with concepts and terminology, or a bookkeeping professional who wants to stay on track with the latest software or regulations, this bestseller will help you keep your business on the right side of the ledger. Written in friendly, easy-to-follow style by leading financial tech author and instructor Veechi Curtis, this comprehensively updated guide has you covered: from the basics-understanding the lingo and recording income vs. expenses-all the way to Cloud accounting and conforming to the latest BAS legal requirements. Master the essentials, from recording transactions to payroll Choose and use the right software Allocate difficult-to-code transactions more easily Pass certified courses with flying colours Whatever your needs, this practical guide will keep you out of the red and ensure all your numbers add up flawlessly - every time