How to Post the Cash Receipts Book

Here’s how to post the Cash Receipts Book: PLEASE NOTE: If you are interested in learning how to post and balance off the AATs 3-COLUMN CASH BOOK (a key task in the current AQ2016 syllabus exams), please click HERE. ‘Posting the Cash Receipts Book’ to the General and Subsidiary Ledgers (Sales and Purchases Ledgers), is […]

How to Correct Accounting Errors Using Journals

Journals – one of the trickiest topics in double entry bookkeeping! Which account gets debited and which account gets credited? There are two types of journals, primary and secondary. Secondary journals are the ones we use to post entries from the Books of Prime Entry into the General Ledger e.g. to post the Cash Payments […]

ICAEW Schools Work Experience Toolkits

ICAEW Schools Work Experience Toolkits

A lot of employers would like to support schools and provide work experience but are put off by the staff time it takes to keep the students occupied and safe for a week or two weeks. It doesn’t have to be this way! The Institute of Chartered Accountants have developed a work experience toolkit that […]

Your training should be an investment, not a cost.

If you treat it as cost, it will be a cost. Just an expense. Spent. If you treat it as an investment, you will want a return from it. You will want to pass your exams. You will want a better job and/or a pay rise. Stick that goal on the wall, where you can see it every day, driving you […]