The Bookkeeping Master

The Bookkeeping Master

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The number #1 website for free bookkeeping and accounting courses. All courses are available online Offering free online bookkeeping and accounting courses.

Our courses include a bookkeeping basics course, business planning courses, credit control courses, Sage training courses and much more...

We also offer a number of services, these include business bookkeeping services, VAT returns, credit control, business planning and accounting training. For more details about our services and courses, please visit our site www.freebookkeepingaccounting.com or contact The Bookkeeping Master at [email protected]

17/07/2026

Accountants are amazing!

Everyone loves us!

We're superheroes!

14/07/2026

You can beat accounting qualifications. They're eseential. But NOTHING can fully prepare you for the real accounting world. Agreed?

13/07/2026

Bookkeeping in Excel! 💥

Is it possible? Should you do it?

1️⃣ Bookkeeping in Excel is a fantastic accounting solution for small businesses. It keeps accounting simple and saves small businesses from paying for accounting software.

2️⃣ The key is to have a bookkeeping spreadsheet suitable for your business needs. An automated, user-friendly spreadsheet. I have free spreadsheets below.

Simple bookkeeping spreadsheet:
https://youtu.be/BhZzhpqCIzU

Double-entry spreadsheet with automated financial statements:
https://youtu.be/8hRDNSmvYag

3️⃣ With cloud sharing applications, such as OneDrive and Google Drive, sharing spreadsheets and having multiple colleagues work on spreadsheets has become easier than ever.

4️⃣ Once a business starts to grow, accounting software offers many advantages over Excel. It will save your business time, streamline the accounts, and produce essential reports at the click of a button. I have an offer for 90% off Xero: https://xero5440.partnerlinks.io/BookkeepingMaster

Do you use Excel for accounting tasks? How has your experience been?

07/07/2026

Thankfully, I'm pretty amazing when it comes to balance sheets.

BALANCE SHEET TOP TIPS

✅️ Keep a fixed asset register. This will help with depreciation journals and explain the fixed asset balance. It's also very professional and makes you look like an accounting whizz!

✅️ Ensure the bank accounts are reconciled. Even if the balance sheet statement balances, it may be inaccurate if any of the bank accounts are not fully reconciled. This includes reconciling all loan, credit card, and mortgage accounts.

✅️ Run an aged debtors report. Any older balances can be written off or passed onto directors for appropriate action. Repeat for trade creditors.

✅️ Check the transaction history of prepayments and accruals. Often, a historic prepayment or accrual wasn't reversed.

✅️ Tax and wages accounts are often wrong and messy. Complete the wages journals and get statements for all tax accounts showing charges and payments made. Reconcile the tax accounts against these statements.

Did I miss anything? Let me know yiur tips in the comment section.

04/07/2026

We've all been there 😅😒🫤

29/06/2026

I NEED YOUR INPUT (see below)***

There have been and will continue to be several changes to my website and YouTube channel. The main changes are:

1️⃣ My free Sage Accounting courses are complete and have been added to my website: https://bit.ly/4uWvGbP

2️⃣ All other courses have been reviewed and updated: https://bit.ly/3H3ElFH

3️⃣ I've added a new page for using Excel in finance and accounting. This is where I need your help. The first course has been uploaded (Excel basics: https://youtu.be/lGCzarji-qw ). I'll be working on other Excel courses this week, including how to create and use the following in Excel:

- Bookkeeping spreadsheets
- Cash flow forecasts
- Business plans
- Management accounts
- Budgets
- Petty cash spreadsheets

***What am I missing? What would you like to see in an Excel video series?

4️⃣ My discounts have been reviewed. I'm still offering...

90% off Xero for 6 months: https://xero5440.partnerlinks.io/BookkeepingMaster
20% off my Ultimate Bookkeeping & Accounting Course: https://www.freebookkeepingaccounting.com/online-bookkeeping-course

Have a good week, everyone! 🔥😍

23/06/2026

A method for simplifying and understanding double-entry bookkeeping.

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London

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