8 Apr 2019 | Publication, Bookkeeping Guide, Business Start Up Guide
In a purchase ledger control account, the total outstanding invoices at the beginning of a period and invoices received during that period, less payments made for invoiced supplies, will give a balancing figure of invoices still outstanding at the end of the period...
8 Apr 2019 | Publication, Bookkeeping Guide, Business Start Up Guide
When you enter records of money paid into and out of your bank account into the cash book, there is a delay of at least a couple of days until these transactions are cleared through the banking system and appear on your bank statement. Therefore, the bank balance...
