LOVE your accounts or HATE them, you have to UNDERSTAND them, OWN them, be RESPONSIBLE and ACCOUNTABLE for them IF you want to build a profitable and successful business.
Cut the time it takes to manage your books in half by having the ‘WHAT, WHY and HOW TO’ of bloody brilliant business bookkeeping at your fingertips. Any time. Anywhere.
Maximise your chance of business success - know and understand your numbers, make them meaningful and get your numbers right first time.
You are not alone; simple, clear and easy to use tutorials, printables and checklists. Supported by a community of like minded business owners and bookkeepers. Learn to love your numbers!
You are responsible for ensuring robust and accurate records are kept for Companies House and HMRC. Be compliant with the oversight requirements of the Companies Act 2006 and understand your numbers.
Take care of your own books with confidence. You need to keep robust and accurate records for HMRC - minimise your tax and maximise take home ‘profits’ from your business by getting the numbers right.
A simple, no-nonsense introduction to the basic accounting principles that underpin all business transactions
What is a profit and loss account? What do the numbers mean? What looks normal? And what to do if it doesn't?
What is a balance sheet? How to read it and spot errors. What looks normal? And what to do if it doesn't?
The difference between debits and credits, 'T' accounts and the belly button theory!
The importance of getting your chart of accounts right and creating reports that work for your business
The different accounting ledgers and how they impact your accounts
Posting sales and purchase transactions
Nominals explained. What transactions go here and how to post them
Cash explained. Posting cash transactions.
Tricky postings and common errors to look out for.
Introducing accruals and why we might use them.
Introducing prepayments and why we might use them.
Introducing deferred income and how to post deferrals.
Bringing them all together
How to ensure you always have meaningful management accounts.
We think you can comfortably work your way through the course in 2 to 2.5 hours but it really does depend on how you learn and how many distractions or interruptions you may have.
We have structured the course as a series of bite-sized self contained lessons. Perhaps you can find 10, 20 or 30 minutes a day to learn or improve your skills - or perhaps you like to consume your courses all in one go! Each lesson has a specific learning objective so you can work through them in order or you can cherry-pick the topic you want to learn and just watch that video - handy for a quick refresher!
You will be able to join our Bloody Brilliant Business Bookkeeping Facebook Group. This is a private group and support community where UK small business owners can connect, share and learn more about building, managing and accounting for their small business. If you have a question about bookkeeping or accounting, please feel free to ask. We'll do our best to help you.