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Bookkeeping For Dummies, 2nd Australian & New Zealand Edition by Lynley Averis, Veechi Curtis

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Chapter 14

Checking Your Work

In This Chapter

arrow.png Sweeping through the bank accounts with a stiff broom

arrow.png Getting debtors and creditors spick and span

arrow.png Ensuring your tax codes are as clean as a whistle

arrow.png Mopping up control accounts

arrow.png Digging for dirt

One of the services I offer as part of my consultancy business is a 12-step bookkeeping health check, where I go through a client’s set of accounts from top to bottom, identifying possible problems.

Clients sometimes wonder how I can sit down in front of a set of seemingly perfect accounts containing many thousands of transactions and, in a few minutes, uncover a whole list of mistakes. Contrary to popular opinion, I don’t have any psychic gifts or special powers, just a bag of tricks that I’ve honed over many years.

I’ve guarded these techniques carefully over the years, but in this chapter, I share the whole kit and caboodle with you. Best of all (and unlike other kinds of health checks that I’d rather not think about right now), no physical ...

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