FOR BLOODY BRILLIANT ENTREPRENEURS

You LOVE your business and you LOVE being an entreprenur right? So you need to get serious about your numbers and learn to LOVE (or at least have a heatlthy appreciation of) them too! Accurate and meaningful business accounts are the roadmap of your business. They show you where you have been, how you got there and where you are going!

  • SAVE TIME AND MONEY

    Stop procrastinating! Cut the time and cost of managing your books by having the ‘WHAT, WHY, WHEN and HOW TO’ of bloody brilliant business bookkeeping at your fingertips. Any time. Anywhere

  • FUTURE-PROOF YOUR BUSINESS

    Maximise your chance of business success - Make informed management decisions, confident that you know and understand your numbers.

  • CONQUER YOUR FEAR OF NUMBERS

    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!

Course curriculum

  • 1

    Welcome!

    • Welcome
    • Housekeeping
    • Join us on Facebook!
    • Meet Harry
    • Disclaimer
    • Please rate our course!
  • 2

    1.0 Basic Accounting Concepts

    • 1.0 Topic Overview
    • 1.1 What is single and double entry accounting?
    • 1.2 What are assets and liabilities?
    • 1.3 The ALCIE Acronym
    • 1.4 The Accrual Concept
    • 1.5 The Consistency Concept
    • 1.6 The Going Concern Concept
    • 1.7 The Prudence Concept
    • Cheat Sheet (Basic Concepts)
    • Exercise
  • 3

    2.0 Your Profit & Loss Account

    • 2.0 Topic Overview
    • 2.1 What is a Profit and Loss Report?
    • 2.2 What goes into a Profit & Loss
    • 2.3 What looks normal? And what to do if it doesn't?
    • Cheat Sheet (Profit & Loss)
    • Profit and Loss Month End Checklist
    • Exercise
  • 4

    3.0 Your Balance Sheet

    • 3.0 Topic Overview
    • 3.1 What is a Balance Sheet​?
    • 3.2 What does it tell me?
    • 3.3 What looks normal? And what to do if it doesn't?
    • Cheat Sheet (Balance Sheet)
    • Checklist (Balance Sheet)
    • Exercise
  • 5

    4.0 Understanding Debits & Credits

    • 4.0 Topic Overview
    • 4.1 An introduction to Debits and Credits
    • 4.2 Profit & Loss / Balance Sheet: The connection
    • 4.3 'T' Accounts
    • 4.4 Debits and Credits in the Profit and Loss
    • 4.5 Debits and Credits in the Balance Sheet
    • 4.6 How does this help me in business?
    • Cheat Sheet (Debits and Credits)
    • Exercise
  • 6

    5.0 Getting Your Chart of Accounts Right

    • 5.0 Topic Overview
    • 5.1 What is a Chart of Accounts?
    • 5.2 Setting up your Chart of Accounts
    • 5.3 Powerful Profit & Loss Reporting for Sales
    • 5.4 Powerful Profit & Loss Reporting for Costs
    • 5.5 Beautiful Balance Sheet Reporting
    • 5.6 (Bonus) Powerful Profit & Loss Reporting in Xero
    • Cheat Sheet (Set up)
    • Cheat Sheet (P&L Sales)
    • Cheat Sheet (P&L Costs)
    • Cheat Sheet (Balance Sheet)
  • 7

    6.0 What are your Ledgers?

    • 6.0 Topic Overview
    • 6.1 What are your Ledgers?
  • 8

    7.0 Your Sales / Purchase Ledgers

    • 7.0 Topic Overview
    • 7.1 Sales and Purchases Explained
    • 7.2 Posting your Sales
    • 7.3 Posting your Purchases
    • Sales Invoice Checklist - trader IS NOT registered for VAT
    • Sales Invoice Checklist - trader IS registered for VAT
    • Sales Invoicing Procedure
    • Different Types of Sales Documents - Crib Sheet
    • Purchase Invoicing Procedure
    • Different Types of Purchase Documents - Crib Sheet
    • The hidden cost of not collecting proper VAT purchase invoices or receipts
    • Exercise
  • 9

    8.0 Your Nominal Ledger

    • 8.0 Topic Overview
    • 8.1 Nominals Explained
    • 8.2 What transactions go here?
    • 8.3 Posting your Nominals (Direct Posting)
    • 8.4 Posting your Nominals (Loans)
    • 8.5 Posting your Nominals (Directors)
    • Procedure (Nominals)
    • Exercise
  • 10

    9.0 Your Cash Book

    • 9.0 Topic Overview
    • 9.1 Cash Explained
    • 9.2 What transactions go here?
    • 9.3 Posting your Cash
    • Procedure (Cash)
    • Exercise
  • 11

    10.0 Meaningful Postings

    • 10.0 Topic Overview
    • 10.1 Meaningful Postings
    • 10.2 Codes to watch out for
    • 10.3 Confusing codes: What do they mean?
    • Exercise
  • 12

    11.0 Understanding Accruals

    • 11.0 Topic Overview
    • 11.1 What is an Accrual?
    • 11.2 When are they used?
    • 11.3 Accruing a cost
    • 11.4 Checking your Accruals
    • 11.5 Why do we use Accruals?
    • Accruals Checklist
    • Exercise
  • 13

    12.0 Understanding Prepayments

    • 12.0 Topic Overview
    • 12.1 What is a Prepayment?
    • 12.2 When are they used?
    • 12.3 Prepaying a cost
    • 12.4 Checking your Prepayments
    • 12.5 Why do we use Prepayments?
    • Prepayments Checklist
    • Exercise
  • 14

    13.0 Understanding Deferred Income

    • 13.0 Topic Overview
    • 13.1 What is Deferred Income?
    • 13.2 When are they used?
    • 13.3 Deferring Income
    • 13.4 Checking your Deferrals
    • 13.5 Why do we use Deferrals?
    • Deferred Income Checklist
    • Exercise
  • 15

    14.0 Accruals, Prepayments and Deferrals

    • 14.0 Topic Overview
    • 14.1 The differences between them
  • 16

    15.0 Meaningful Management Accounts

    • 15.0 Topic Overview
    • 15.1 What makes accounts meaningful?
    • 15.2 Receivables and Payables
    • 15.3 Sense checks
    • 15.4 Accruals and Provisions
    • Management Accounts Checklist