Accounting & Bookkeeping Basics
Why records rule every business
Module: Foundations
Accounting answers the three survival questions: what do we own and owe, did we profit, where did cash go. Businesses fail blind - records are headlights.
Try It Yourself
Ask any shopkeeper you know how they track credit customers; note the method.
Lessons
▶️ 1. Why records rule every business
▶️ 2. The entity concept: business is not you
▶️ 3. Assets, liabilities and capital
▶️ 4. The accounting equation
▶️ 5. Income, expenses and profit
▶️ 6. Source documents: the paper trail
▶️ 7. Cash vs accrual thinking
▶️ 8. The bookkeeping cycle overview
▶️ 9. Debit and credit: the two-sided truth
▶️ 10. Rules of debit and credit by account…
▶️ 11. Journal entries: recording transactions
▶️ 12. Ledger posting: sorting by account
▶️ 13. Cash book: the small business workhorse
▶️ 14. Bank book and reconciliation
▶️ 15. Purchase and sales books
▶️ 16. Trial balance: the self-check
▶️ 17. The income statement: profit's story
▶️ 18. The balance sheet: position photograph
▶️ 19. Depreciation: assets wearing out
▶️ 20. Stock valuation and cost of goods
▶️ 21. Debtors, creditors and working capital
▶️ 22. Ratios: reading health in numbers
▶️ 23. Cash flow: where money actually went
▶️ 24. Errors and corrections
▶️ 25. PAN, registration and business formality
▶️ 26. VAT basics: the 13% system
▶️ 27. Invoices Nepal-style: what must appear
▶️ 28. TDS: tax deducted at source
▶️ 29. Payroll records and statutory deductions
▶️ 30. Filing rhythms: monthly to yearly
▶️ 31. Audit readiness: files that pass
▶️ 32. NGO and cooperative accounting notes
▶️ 33. Spreadsheet bookkeeping: the free system
▶️ 34. Tally and accounting software concepts
▶️ 35. Digital payments in the books
▶️ 36. Monthly closing routine
▶️ 37. Detecting and preventing small-business…
▶️ 38. Bookkeeping as a service career
▶️ 39. From bookkeeper toward accountant
▶️ 40. Full cycle review and the exam
Course Home