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Free bookkeeping practice rooms

68 rooms cost nothing, in 13 paths. Each one is a few lines of reading, then questions marked at once. You can start with no account.

Premium opens all 323 rooms, every mock exam and every question pack. See pricing.

9 free rooms

Bookkeeping foundations

  1. 1What a business has and owes6 min, easy
  2. 2Debit and credit8 min, easy
  3. 3Buying and selling on credit8 min, easy
  4. 4Balancing an account8 min, easy
  5. 5The trial balance8 min, easy
  6. 6Day books8 min, easy
  7. 7The cash book and petty cash10 min, easy
  8. 8Why the two balances differ10 min, easy
  9. 9Reconcile a bank statement12 min, medium
5 free rooms

Business documents and transactions

  1. 1The documents in a credit sale, in order7 min, easy
  2. 2How to read a sales invoice8 min, easy
  3. 3When to issue a credit note7 min, easy
  4. 4How to read a statement of account8 min, easy
  5. 5What a remittance advice tells you6 min, easy
5 free rooms

Cash, bank and payments

  1. 1Cash and cheques: what still matters8 min, easy
  2. 2Card payments and what they cost10 min, easy
  3. 3BACS, Faster Payments and CHAPS9 min, easy
  4. 4Standing order or direct debit9 min, easy
  5. 5How to choose a payment method10 min, easy
5 free rooms

Journals, errors and control accounts

  1. 1What the journal is for7 min, medium
  2. 2How to write the opening entries of a new business9 min, medium
  3. 3How to write off a debt that will not be paid9 min, medium
  4. 4Journals for one-off transactions9 min, medium
  5. 5Narratives and who approves a journal8 min, medium
5 free rooms

VAT in practice

  1. 1Output tax and input tax: which is which?10 min, easy
  2. 2Standard, reduced and zero rate: which applies?8 min, easy
  3. 3Exempt or outside the scope: what is the difference?9 min, medium
  4. 4Who has to register for VAT?10 min, medium
  5. 5How to get from a VAT inclusive price to the net10 min, medium
5 free rooms

Payslips, tax codes and payroll

  1. 1How to read your payslip6 min, easy
  2. 2Gross pay and net pay: what is the difference?7 min, easy
  3. 3What does my tax code mean?8 min, easy
  4. 4National Insurance on your payslip7 min, easy
  5. 5How to check your payslip is right8 min, easy
5 free rooms

Costing essentials

  1. 1Materials, labour and overheads: the three kinds of cost7 min, easy
  2. 2Direct and indirect costs: how to tell them apart8 min, easy
  3. 3Fixed, variable and semi-variable costs11 min, medium
  4. 4How to work out cost per unit9 min, medium
  5. 5Cost, profit and investment centres9 min, medium
5 free rooms

Year-end adjustments

  1. 1The accruals idea: match costs to the year8 min, medium
  2. 2How to record an accrued expense8 min, medium
  3. 3How to record a prepaid expense8 min, medium
  4. 4Accrued and deferred income10 min, medium
  5. 5Reversing last year's adjustments12 min, hard
5 free rooms

Final accounts

  1. 1The statement of profit or loss for a sole trader8 min, hard
  2. 2How to work out gross profit and net profit10 min, hard
  3. 3The statement of financial position for a sole trader10 min, hard
  4. 4Capital, profit and drawings10 min, hard
  5. 5From a trial balance to a set of accounts12 min, hard
5 free rooms

Reading the numbers

  1. 1How to work out gross profit margin8 min, easy
  2. 2How to work out net profit margin10 min, easy
  3. 3Mark-up is not margin10 min, medium
  4. 4How to work out return on capital employed10 min, medium
  5. 5How to read expenses as a share of sales10 min, medium
5 free rooms

Self-employed: your books and Self Assessment

  1. 1Keep business and personal money apart8 min, easy
  2. 2What records you have to keep8 min, easy
  3. 3Cash basis or accruals basis9 min, easy
  4. 4A simple income and expenses record8 min, easy
  5. 5Keeping receipts8 min, easy
5 free rooms

Spreadsheets for the office

  1. 1Cells, rows, columns and ranges6 min, easy
  2. 2How to write a formula7 min, easy
  3. 3How to add up a column with SUM8 min, easy
  4. 4Relative and absolute references9 min, easy
  5. 5Order of operations and brackets9 min, easy
4 free rooms

Business maths

  1. 1How to work out a percentage of an amount9 min, easy
  2. 2Percentage increase and decrease10 min, easy
  3. 3Finding the original amount before an increase9 min, medium
  4. 4Percentage points and percentages8 min, medium