Practical Bookkeeping Theory

This is one of the few books containing Theory for the Complete Bookkeeping Function. Its comprised of Extensive Guidelines and Procedures. It combines Theory and Practice Based Learning. It takes Practical Bookkeeping into the learning environment. Its designed to groom Professional Bookkeepers and Financial Accounting Technicians, able to perform all the Bookkeeping Tasks.

Its compiled by an ACCA member, an experienced Accountant, a software designer, an experienced Teacher, and an experienced Author. It covers many issues not found in other books except places of Practical Accounting Work. These include; Reversing Opening Stock and Prepayments into Expenses; Advance Income Liability into Income; Accruals and Income Reserve Invoices; Documents Management; Comprehensive Charts of Accounts; Cheque Receipts Account; Electronic Receipts Account; Four Entries For Transactions Involving Credit and Vat; Four Entries For Wage Computations; Disallowed Expenses; Agency Collections And Submissions; Deducted Commission; Document Numbers Column; Eliminated Sales and Purchases Journals; Eliminated Cashbook and Petty Cashbook; Documents Replace Transactions for Practice; Vertical Accounts; Transaction And Period Balancing; The Vat Fraction; Vat Reporting Options; Vat Accounts Modified; Vat Verification; Vat Returns and Transfers; Period and Cummulative Trial Balance; Periodic Trial Balance Comparison; Pre and Post Vat Recording; Temporary Completing Entry on Suspense; Recording Wage Computations; Paying Wage Creditors; Posting Control Accounts; Creditor's Comparison & Reconciliation; Debtor's Comparison; Bank Statement Recording; Loan Reconciliation; Credit Card Reconciliation; Cash Reconciliation; Periodic Statements plus Notes; Periodic Performance Comparison; Periodic Reports, Periodic Tasks Checklist, plus others.