October 2020
Beginner
400 pages
9h 48m
English
Content preview from Bookkeeping for Dummies, 3rd Edition
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Chapter 14
Checking Your Work
IN THIS CHAPTER
Sweeping through the bank accounts with a stiff broom
Getting debtors and creditors spick and span
Ensuring your tax codes are as clean as a whistle
Mopping up control accounts
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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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.