Do Your Own Accounts

Use an excel spreadsheet to do your own bookkeeping and save yourself time, money and stress
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30 students enrolled
Instructed by Lisa Newton Business / Finance
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  • Lectures 13
  • Length 1.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 2/2015 English

Course Description

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.

What are the requirements?

  • You will need to be able to open up an excel 2003 document on your computer. BASIC excel skills are needed. There are no formula's etc., because the template has everything, but you need to be able to navigate through a spreadsheet.

What am I going to get from this course?

  • Do Your Own Accounts using a simple Excel spreadsheet
  • Understand what the numbers in the accounts mean for the business

Who is the target audience?

  • This course is for entrepreneurs, business owners (home based businesses) and bookkeepers who want a simple, yet effective spreadsheet system to keep track of and do their own bookkeeping
  • If your business is fairly small, home-based and you don't want to learn Sage or Quickbooks, but you are comfortable using Excel - this course is for you

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: The importance of bookkeeping

Explanation of what the course is about and what we'll cover.


How to get your manual (physical) accounts organised - files, organisation etc.,


Explanation of the elements on the excel spreadsheet.

Section 2: Worked Example

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)

Worked Example - inputting May income
Worked Example - inputting May expenses
Worked Example - the accounts for Month 2 - May
Section 3: Analysis

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)

Section 4: Next steps
Concluding lecture

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Instructor Biography

Lisa Newton, Entrepreneur & Serial Author

Lisa Newton BA MSc FMAAT 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, software, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007 and in 2008 Enterprising Business Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award.

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 and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible.

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 and cosmic ordering.

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