This course is for the self-employed, busy, business owner/manager who is looking for a simple, easy way to do their bookkeeping using an excel spreadsheet. Likewise, it is ideal for the bookkeeper who is looking for a simple way to do their clients accounts.
With the course you get a reusable template excel spreadsheet which acts as a cashbook, as well as prepares a profit and loss for you – which will help you to submit your self assessment tax return (UK filing) – and its also (due to complying with international accounting standards) suitable globally, for providing a profit and loss account.
The course looks at a fictitious company and it takes two months worth of bank statements. We use this information and enter it into the cashbook, which then provides the basis for the accounts. The accounts are populated automatically on the spreadsheet, based on the figures typed into the cashbook.
The template excel cashbook is included, and you download the fictitious company bank statements. In real life, you’d simply use your own bank statements to fill in the cashbook.
The course will take approx 90 minutes to complete. With the course tutor, you enter month 1 together, then you have a go at month 2 by yourself, and then watch the lecture to see if you got month 2 correct. We then go a step further by looking at some accounting concepts, and the physical aspects of keeping accounting records.
It’s an ideal course if you just want a simple, but very effective many to manage your small business bookkeeping using an excel spreadsheet. No accounting knowledge is needed or presumed. You can use this template to do your own accounts, and then send it to your accountant. With the accounts now in a much better shape, you should ask for a reduction in accountancy fees, so their course should save you time and money.
Explanation of what the course is about and what we'll cover.
How to get your manual (physical) accounts organised - files, organisation etc.,
How to input income, on the income side of the spreadsheet
How to enter expenses, on the expenses side of the spreadsheet
How to read the accounts (once the income and expenses have been entered)
What do the figures mean, now that you have them?
Explanation of accounting concepts, and terminology and ideas to be aware of.
An overview of the various accounting systems available (aside from excel spreadsheets)
Lisa Newton BA MSc AAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full time 9 to 5 job in her life. She's a serial entrepreneur and author who holds directorships in various industries including telecoms, property management, publishing, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007, in 2008 Enterprising Business Award, in 2016 BE Mogul Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award. In 2015 and 2017 one of her companies won Best Bookkeeping Business London (Accountancy International Awards).
Lisa's books include: How to write a book in two weeks, Constant Cashflow, Make the most of your money, How to start your own bookkeeping business, Cosmic ordering with Vision Boards, How to Franchise Your Business and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible.
Lisa hosts her own show The Authors Podcast which can be found on the iTunes channel.
Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals.
In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation, yoga and cosmic ordering.