Bookkeeping topics
One page for each big subject in bookkeeping: what it is, the order to learn it in and every room that teaches it.
Every topic
- Learn double entry bookkeeping by doing it
- Double entry bookkeeping in plain words: the rule for debit and credit, a worked example, the order to learn it in and rooms that mark every entry.
- Learn business documents and day books by doing them
- From a quotation to a paid invoice in plain words: the documents, the discounts and the day books, with the order to learn them in and rooms to practise in.
- Learn bank reconciliation by doing it
- Bank reconciliation in plain words: why the cash book and the statement differ, what to do with each difference, and rooms to practise it in.
- Learn control accounts by doing them
- Sales and purchases ledger control accounts in plain words: what goes on each side, how to reconcile one, the order to learn it in and rooms to practise in.
- Learn VAT bookkeeping by doing it
- VAT in the books, in plain words: output tax and input tax, the VAT account and the return, the order to learn it in and rooms that mark every answer.
- Learn payroll by doing it
- Payroll in plain words: payslips, gross pay to net pay, what the employer owes and the payroll journals, with the order to learn it in and rooms to practise in.
- Learn year-end adjustments by doing them
- Year-end adjustments in plain words: accruals, prepayments, depreciation, irrecoverable debts and inventory, the order to learn them in and practice rooms.
- Learn final accounts by doing them
- Final accounts in plain words: the statement of profit or loss and the statement of financial position for a sole trader, a partnership and a small company.
- Learn costing by doing it
- Costing in plain words: sorting costs, valuing inventory, labour, overheads, break-even and budgets, with the order to learn it in and rooms to practise in.
- Learn spreadsheets for bookkeeping by doing them
- Spreadsheets for accounts work, in Excel or Google Sheets: SUM, SUMIF, IF, lookups, dates and pivot tables, in the order to learn them, with practice.
- Learn self-employed bookkeeping by doing it
- Bookkeeping for sole traders in plain words: the records to keep, income and expenses, invoices and getting paid, the order to learn it in and practice rooms.
Ledger Drill is practice, not tax or accounting advice. You can start with the free rooms.