Bookkeeping for Beginners

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Bookkeeping for Beginners
Basic 4 Types of Bookkeeping You Should Know
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While bookkeeping can be seen as a very complex
task with a litter bit of understanding of some
of the important types of bookkeeping you
should know about.
CASH
ACCOUNTS RECEIVABLE
Types of Bookkeeping
INVENTORY
ACCOUNTS PAYABLE
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Cash
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It's an important account which is not any
simpler than your cash account and is often used
by bookkeepers to monitor all the business
transaction and activities whether thats
incoming or outgoing.
Types Of Bookkeeping
Sydney
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Accounts Receivable
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In this account, you will keep all the records
of the status of the pending payments and should
be kept up to date so you can send invoices on
time.
Types Of Bookkeeping
Sydney
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Inventory
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It is a very important account that helps you
predict exactly how the company will work over
an accounting period. All of the available
products you have in stock are listed here.
Types Of Bookkeeping
Sydney
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Accounts Payable
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Like the others, you ought to take proper care
of this account so that you don't make any
payments late, you not to over- spend and find
yourself short for monthly outgoings, and to
make sure you don't pay twice to anyone.
Types Of Bookkeeping
Sydney
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B O O K K E E P I N G S E R V I C E S
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Any Question?
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Get In Touch With Us Royal Exchange, NSW, 1225
info_at_ubooks.net.au 02 8076 5509 www.ubooks.net.au