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LearnManualBookKeeping
Intelligent guide toUnderstanding
Manual Book keepingWork book only
Salesorder
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
Intelligent guide toUnderstanding
Manual Book keepingWork book only
Accounting Concepts: www.accountingconcepts.co.uk
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
LearnManualBookKeeping
User GuideSalesorder
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
In order to carry out this manual book keeping case studyYou will have to be logged onto the internet with thee-book open .
Accounting Concepts: www.accountingconcepts.co.uk
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
In order to carry out this manual book keeping case studyYou will have to be logged onto the internet with thee-book open .
LearnManualBookKeeping
Table of ContentsWork book-Templates
Salesorder
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
Task 1-8
Task 1
The Extended trail balance
Opening balances
Task 2 Sales day book invoices & credit notes
Task 3 Purchase day book & credit notes
Task 2&4 Customer ledger cards
Task 3&4 Supplier ledger cards
Task 7 Profit & loss A/C
Task 8 Balance sheet
Accounting Concepts: www.accountingconcepts.co.uk
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
Task 3 Purchase day book & credit notes
Task 4 Cash book receipts & Payments
Task 5 Petty cash
Task 6 Journals
Task 8 Balance sheet
Additional Vat return
Additional
Conclusion
Bank Reconciliation
CASE STUDY EXTENDED TRIAL BALANCE AT 31-JAN 20XX
DETAILS OPENING BALANCES SALES DAY BOOK JOURNALS TOTALS TOTALS PROFIT+LOSS A/C BALANCE SHEETSAGE N/C DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT
MOTOR CAR-COSTMOTOR CAR- DEPRECIATIONSTOCK- CLOTHESSTOCK- SPORTSWEARSTOCK - HOUSEHOLDDEBTORSBAD DEBTS PROVISIONPREPAYMENTSBANK (CASH BOOK)PETTY CASHCREDITORSACCRUALSNET WAGES CONTROL A/CPAYE/NIBANK LOAN 5 YEARSVAT OUTPUT TAXVAT INPUT TAXVAT LIABILITYCORPORATION TAXSHARE CAPITALPROFIT AND LOSSSALES- CLOTHESSALES - SPORTSWEARSALES - HOUSEHOLDBANK INTEREST RECEIVEDPURCHASES - CLOTHESPURCHASES - SPORTSWEARPURCHASES- HOUSEHOLDGROSS WAGESEMPLOYERS NIRENTACCOUNTANCY FEESTELEPHONELIGHT & HEAT
Task 6 Task 7 Task 8BANK ACCOUNTPURCHASE DAYBOOK PETTY CASH
Task 1 Task 2 Task 3 Task 4 Task 5
MANUAL BOOK KEEPING
LIGHT & HEATMOTOR EXPENSESPOSTAGESTATIONERYCLEANINGSUNDRIESBANK CHARGESBAD DEBTSDEPRECIATION
OK OK OK OK OK OK OK OK OK OK OK OK OK OK
OK OK OK OKCheck Must Be Equal To ZERO £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
MANUAL BOOK KEEPING
CASE STUDY OPENING BALANCES MANUAL BOOK KEEPING
TASK 1 DETAILS SAGE 50
£ DEBIT (dr) CREDIT(cr) N/C
MOTOR CAR-COST 10,000.00 dr/cr Link LinkMOTOR CAR-DEPRECIATION 2,500.00 dr/cr Link LinkSTOCK- CLOTHES 11,287.10 dr/cr Link LinkSTOCK- SPORTSWEAR 21,696.50 dr/cr Link LinkSTOCK - HOUSEHOLD 30,738.50 dr/cr Link LinkDEBTORS 4,231.09 dr/cr Link LinkBANK CASH BOOK 60,020.00 dr/cr Link LinkPETTY CASH 200.00 dr/cr Link LinkCREDITORS 5,756.26 dr/cr Link LinkPAYE/NI 5,400.00 dr/cr Link LinkVAT LIABILITY 230.72 dr/cr Link LinkCORPORATION TAX 22,357.24 dr/cr Link
OPENING BALANCES
VAT LIABILITY 230.72 dr/cr Link LinkCORPORATION TAX 22,357.24 dr/cr LinkSHARE CAPITAL 10,000.00 dr/cr Link LinkPROFIT AND LOSS 91,928.97 dr/cr Link Link
Totals CHK CHK
CASE STUDY SALES DAY BOOK-INVOICES JAN 20XX
MANUAL BOOK -KEEPING
TASK 2(a) SALES DAY BOOKSAGE 50 SAGE 50 SAGE 50 DATA ENTRY
Set up Set up Link To Customer
A/C CUSTOMER NAME AOW DATE INV NOS GROSS VAT NET CLOTHES SPORTS WEAR HOUSE HOLD N/C DEPT
WHITBY UK
BLANKLEY UK
HOLLOWAY UK
WILLIAMS UK
WHITEHOUSE UK
NOLAN UK
EVANS UK
SALES INVOICE-ANALYSIS
INVOICES
EVANS UK
HARRIS UK
GOLINGAY USA
WEIR EC*
Link ETB Link ETB NO LINK Link ETB Link ETB Link ETB* NB :EC Sales Invoices also show in BOX 8 of the Vat Return Box 1 Vat RTN Box 6 Vat RTN
Double Entry Book Keeping
CASE STUDY SALES DAY BOOK -CREDIT NOTES JAN 20XX
MANUAL BOOK -KEEPING
TASK 2 (b) SALES DAY BOOKSAGE 50 SAGE 50 SAGE 50 DATA ENTRY
Set up Set up Link To CustomerA/C CUSTOMER NAME AOW DATE INV NOS GROSS VAT NET CLOTHES SPORTS WEAR HOUSE HOLD N/C DEPT
WHITBY UK
BLANKLEY UK
HOLLOWAY UK
GOLINGAY USA
WEIR EC*
SALES CREDIT NOTE -ANALYSIS
CREDIT NOTES
WEIR EC*
Link ETB Link ETB #REF! Link ETB Link ETB Link ETB* NB: EC Sales Credit notes also show in BOX 8 of the Vat Return Box 1 Vat RTN Box 6 Vat RTN
Double Entry Book Keeping
CASE STUDY PURCHASE DAY BOOK-INVOICES JAN 20XX
MANUAL BOOK-KEEPING
TASK 3(a) PURCHASE DAY BOOK
SAGE 50 SAGE 50
Set up Set up Link To SupplierA/C SUPPLIERS NAME AOW DATE INV NOS GROSS VAT NET CLOTHES SPORTS WEAR HOUSE HOLD TELEPHONE LIGHT &HEAT MOTOR N/C DEPT EX REF
NIKEY UK
BETTERWARE UK
RACQUETS UK
BRITISH TELECOM UK
BRITISH GAS UK
DIRECT LINE IS UK
BMW UK
LEVIS USA
MANN RICHARDS EC*1
SAGE 50 DATA ENTRY
INVOICES
PURCHASE INVOICE -ANALYSIS
MANN RICHARDS EC*1
BRITANNIA EC*2
Double Entry Book keeping
Link ETB Link ETB #REF! Link ETB Link ETB Link ETB Link ETB Link ETB Link ETB
*1 NB -EC Purchases invoices also shown in Box 9 of Vat Return Box 4 Vat RTN Box 7 Vat RTN*2 NB -EC Purchases invoices also shown in Box 9 of Vat Return
& the notional vat on the invoice will show in BOX 2 & BOX 4
*1 Mann Richards is not a vat registered company*2 Britannia is a vat registered company
CASE STUDY PURCHASE DAY BOOK-CREDIT NOTES JAN 20XX
MANUAL BOOK-KEEPING
TASK 3(b) CREDIT NOTESSAGE 50 SAGE 50 PURCHASE CREDIT NOTE -ANALYSIS
Set up Set up
A/C SUPPLIER NAME AOW DATE INV NOS GROSS VAT NET CLOTHES SPORTS WEAR HOUSE HOLD N/C DEPT EX REF
NIKEY UK
BETTERWARE UK
RACQUETS UK
LEVIS USA
MANN RICHARDS EC*1
SAGE 50 DATA ENTRY
PURCHASE DAY BOOK
Double Entry Book Keeping
Link ETB Link ETB LINK Link ETB Link ETB Link ETB
Box 4 Vat RTN Box 7 Vat RTNEC*1 NB -EC Purchases credit note also shown in Box 9 of Vat Return
Double Entry Book Keeping
CASE STUDY CASH BOOKRECEIPTS -JAN 20XX
MANUAL BOOK -KEEPING
TASK 4 (a) SAGE 50 DATA ENTRY
CUSTOMER NAME DATE £ S/LCUSTOMER
A/C REF
CHQ OB WHITBY
CHQ OB BLANKLEY
CHQ OB HOLLOWAY
CHQ OB WILLIAMS
CHQ OB WHITEHOUSE
CHQ OB NOLAN
CHQ OB EVANS
CHQ OB HARRIS
STMT JAN GOLINGAY
STMT JAN WEIR
TOTAL
Link ETB Link ETB
TASK 4(c)BANK INTEREST
RCDLOANRCD SAGE 50 DATA ENTRY
NON CUSTOMER DATE £ £ £ N/C REF
Bank Interest
Bank loan
CASH BOOK RECEIPTS
CASH BOOK RECEIPTS
Double Entry Book keeping
Bank loan
TOTAL
Link ETB Link ETB Link ETB
TASK 4(e) P/L SAGE 50 DATA ENTRY
SUPPLIER-REFUNDS DATE £ £ N/C REF
MANN RICHARDS
TOTAL
Link ETB Link ETB
MUST USE THE TOTAL FIGURES TO LINK TO ETB Link ETB
CASH BOOK RECEIPTS TOTAL Link ETB
TASK 4 (a) SALES LEDGER Link ETB
TASK 4(c) BANK INTEREST RECEIVED Link ETB
TASK 4(c) BANK LOAN RECEIVED Link ETB
TASK 4(e) PURCHASE LEDGER
CASH BOOK RECEIPTS
Double Entry Book keeping
Double Entry Book keeping
CASE STUDY CASH BOOKPAYMENTS JAN 20XX
MANUAL BOOK KEEPING
TASK 4(b) SAGE 50 DATA ENTRY
SUPPLIER NAME DATE £ P/LSUPPLIER
A/C REF
CHQ OB NIKEY
CHQ OB BETTERWARE
CHQ OB RACQUETS
CHQ OB BRITISH TEL
CHQ OB BRITISH GAS
CHQ OB RYMANS
CHQ OB BMW
CHQ OB LEVIS
CHQ JAN MANN RICHARDS
STMT JAN BRITANNIA
TOTAL
Link ETB Link ETB
TASK 4 (d) BANK CHARGESVATPAID NET WAGES SAGE 50 DATA ENTRY
NON SUPPLIER DATE £ £ £ N/C REF
Bank Charges
Vat
Net Wages (auto pay)
CASH BOOK PAYMENTS
CASH BOOK PAYMENTS
Double Entry Book keeping
Net Wages (auto pay)
TOTAL
Link ETB Link ETB Link ETB Link ETB
TASK 4 (f) S S/L SAGE 50 DATA ENTRY
CUSTOMER -REFUNDS DATE £ £ N/C REF
GOLINGAY
TOTAL
Link ETB Link ETB
TASK 5(b) P/CASH SAGE 50 DATA ENTRY
PETTY CASH REFUNDED DATE £ £ N/C REF
Petty Cash xps Jan 20XX
TOTAL
Link ETB Link ETB £0.00
MUST USE THE TOTAL FIGURES TO LINK TO ETB Link ETB
CASH BOOK PAYMENT TOTALS Link ETB
TASK 4(b) PURCHASE LEDGER Link ETB
TASK 4 (d) BANK CHARGES Link ETB
TASK 4 (d) VAT Link ETB
TASK 4 (d) NET WAGES Link ETB
TASK 4 (f) SALES LEDGER Link ETB
TASK 5(b) PETTY CASH
CASH BOOK PAYMENTS
Double Entry Book keeping
Double Entry Book keeping
CASH BOOK PAYMENTS
Double Entry Book keeping
CASE STUDY PETTY CASHEXPENSES -JAN 20XX
MANUAL BOOK -KEEPING
SAGE 50 N/C N/C N/C N/C N/C5a DATE DETAILS REF NOS GROSS VAT NET STATIONERY SUNDRIES MOTOR POSTAGE CLEANING
WHSmith -PensTescos-CoffeeBP- PetrolWHSmith -FoldersTescos-SugarWhsmith -stampsTescos -TeaBP- Car MatsABC- Window CleaningWHSmith -copier paperWhsmith -stampsBP- Petrol
Link ETB Link ETB Link ETB Link ETB Link ETB Link ETB Link ETB
PETTY CASH BOOK EXPENSES ANALYSISTASK 5 a&b
Double ENTRY Book Keeping Link ETB Link ETB Link ETB Link ETB Link ETB Link ETB Link ETBBox 4 Vat RTN Box 7 Vat RTN
5b PETTY CASH CONTROL A/CDEBIT CREDIT£ £
OPENING BALANCE AT 01-01-20XX
LESS PETTY CASH PAYMENTS JANUARY 20XX
REPAID FROM BANK
CLOSING BALANCE AT 31-01-20XX
Double ENTRY Book Keeping
CASE STUDY JOURNALSJAN 20XX
MANUAL BOOK-KEEPING
TASK 6DETAILS DEBIT CREDIT SAGE NC
1 DEPRECIATION P&LDEPRECIATION B/SBEING DEPRECIATION @25% ON COST JAN 20XX
2 STOCK -CLOTHES B/SSTOCK-SPORTSWEAR B/SSTOCK -HOUSEHOLD B/SSTOCK -CLOTHES P&LSTOCK-SPORTSWEAR P&LSTOCK -HOUSEHOLD P&LBEING CLOSING STOCK AT JAN 20XX
3 PREPAID EXPENSES B/SMOTOR EXPENSES P&LBEING MOTOR INSURANCE PREPAID AT JAN 20XX
4 ACCOUNTANCY P&LACCRUALS B/SBEING ACCOUNTANCY FEES FOR JAN 20XX
5 GROSS WAGES P&LEMPLOYERS NI P&LNET WAGES B/SPAYE/NIC B/SBEING WAGES FOR JAN 20XX
6 BAD DEBTS P&LBAD DEBTS PROVISION B/SBEING BAD DEBTS PROVISION JAN 20XX
TOTALS
JOURNALSMASTER
LearnManualBookKeeping
SalesorderTTT
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
Customer Ledger Cards
&
Reconciliation
Accounting Concepts: www.accountingconcepts.co.uk
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
Templates
&
Reconciliation
CASE STUDY CUSTOMER BALANCESRECONCILIATION AT 31 JAN 20XX
MANUAL BOOK -KEEPING
Sales ledger control account Debit Credit
A 0PENING BALANCES AT 01/01/20XX £
B SALES INVOICES £
C SALES INVOICES -CREDIT NOTES £
D BANK (CASH BOOK) RECEIPTS £
E CUSTOMER REFUND £
F CLOSING BALANCES AT 31/01/20XX £
£0.00 £0.00
DEBIT DEBIT CREDIT CREDIT DEBIT DEBIT
CUSTOMER OPE
NIN
G B
AL
AN
CES
SALE
S IN
VO
ICES
SALE
S-CR
EDIT
NO
TES
BAN
K (C
ASH
BO
OK)
REC
EIPT
S
CUST
OM
ER R
EFU
ND
CLO
SIN
G B
ALA
NCE
S
WHITBYBLANKLEYHOLLOWAYWILLIAMSWILLIAMSWHITEHOUSENOLANEVANSHARRISGOLINGAYWEIR
A B C D E F
CASE STUDY CUSTOMER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK -KEEPING
UK WHITBY -CUSTOMER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 SALES INVOICE
1 SALES INVOICE
2 SALES CREDIT NOTES
2 SALES CREDIT NOTES
3 CHEQUES RECEIVED
3 CHEQUES RECEIVED3 CHEQUES RECEIVED
4 CASH RECIVED
4 CASH RECIVED
5 CUSTOMER REFUND
5 CUSTOMER REFUND
C/F
TOTALS
CASE STUDY CUSTOMER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
UK BLANKLEY -CUSTOMER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 SALES INVOICE
1 SALES INVOICE
2 SALES CREDIT NOTES
2 SALES CREDIT NOTES
3 CHEQUES RECEIVED
3 CHEQUES RECEIVED3 CHEQUES RECEIVED
4 CASH RECIVED
4 CASH RECIVED
5 CUSTOMER REFUND
5 CUSTOMER REFUND
C/F
TOTALS
CASE STUDY CUSTOMER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
UK HOLLOWAY -CUSTOMER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 SALES INVOICE
1 SALES INVOICE
2 SALES CREDIT NOTES
2 SALES CREDIT NOTES
3 CHEQUES RECEIVED
3 CHEQUES RECEIVED3 CHEQUES RECEIVED
4 CASH RECEIVED
4 CASH RECEIVED
5 CUSTOMER REFUND
5 CUSTOMER REFUND
C/F
TOTALS
CASE STUDY CUSTOMER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
UK WILLIAMS -CUSTOMER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 SALES INVOICE
1 SALES INVOICE
2 SALES CREDIT NOTES
2 SALES CREDIT NOTES
3 CHEQUES RECEIVED
3 CHEQUES RECEIVED3 CHEQUES RECEIVED
4 CASH RECEIVED
4 CASH RECEIVED
5 CUSTOMER REFUND
5 CUSTOMER REFUND
C/F
TOTALS
CASE STUDY CUSTOMER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK -KEEPING
UK WHITEHOUSE -CUSTOMER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 SALES INVOICE
1 SALES INVOICE
2 SALES CREDIT NOTES
2 SALES CREDIT NOTES
3 CHEQUES RECEIVED
3 CHEQUES RECEIVED3 CHEQUES RECEIVED
4 CASH RECEIVED
4 CASH RECEIVED
5 CUSTOMER REFUND
5 CUSTOMER REFUND
C/F
TOTALS
CASE STUDY CUSTOMER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
UK NOLAN -CUSTOMER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 SALES INVOICE
1 SALES INVOICE
2 SALES CREDIT NOTES
2 SALES CREDIT NOTES
3 CHEQUES RECEIVED
3 CHEQUES RECEIVED3 CHEQUES RECEIVED
4 CASH RECEIVED
4 CASH RECEIVED
5 CUSTOMER REFUND
5 CUSTOMER REFUND
C/F
TOTALS
CASE STUDY CUSTOMER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK- KEEPING
UK EVANS -CUSTOMER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 SALES INVOICE
1 SALES INVOICE
2 SALES CREDIT NOTES
2 SALES CREDIT NOTES
3 CHEQUES RECEIVED
3 CHEQUES RECEIVED3 CHEQUES RECEIVED
4 CASH RECEIVED
4 CASH RECEIVED
5 CUSTOMER REFUND
5 CUSTOMER REFUND
C/F
TOTALS
CASE STUDY CUSTOMER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK -KEEPING
UK HARRIS -CUSTOMER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 SALES INVOICE
1 SALES INVOICE
2 SALES CREDIT NOTES
2 SALES CREDIT NOTES
3 CHEQUES RECEIVED
3 CHEQUES RECEIVED3 CHEQUES RECEIVED
4 CASH RECEIVED
4 CASH RECEIVED
5 CUSTOMER REFUND
5 CUSTOMER REFUND
C/F
TOTALS
CASE STUDY CUSTOMER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
USA GOLINGAY -CUSTOMER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 SALES INVOICE
1 SALES INVOICE
2 SALES CREDIT NOTES
2 SALES CREDIT NOTES
3 CHEQUES RECEIVED
3 CHEQUES RECEIVED3 CHEQUES RECEIVED
4 CASH RECEIVED
4 CASH RECEIVED
5 CUSTOMER REFUND
5 CUSTOMER REFUND
C/F
TOTALS
CASE STUDY CUSTOMER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
EC* WEIR -CUSTOMER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 SALES INVOICE
1 SALES INVOICE
2 SALES CREDIT NOTES
2 SALES CREDIT NOTES
3 CHEQUES RECEIVED
3 CHEQUES RECEIVED3 CHEQUES RECEIVED
4 CASH RECEIVED
4 CASH RECEIVED
5 CUSTOMER REFUND
5 CUSTOMER REFUND
C/F
TOTALS
LearnManualBookKeeping
SalesorderTTT
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
Supplier Ledger Cards&
Reconciliation
Accounting Concepts: www.accountingconcepts.co.uk
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
Templates
&
Reconciliation
CASE STUDY SUPPLIER BALANCESRECONCILIATIONAT 31 JAN 20XX
MANUAL BOOK -KEEPING
Purchase ledger control account Debit Credit
A OPENING BALANCES AT 01/01/20XX £
B PURCHASE INVOICES £
C PURCHASE INVOICES -CREDIT NOTES £
D BANK (CASH BOOK )PAYMENTS £
E SUPPLIER REFUNDS £
F CLOSING BALANCES AT 31/01/20XX £
CREDIT CREDIT DEBIT DEBIT CREDIT CREDIT
SUPPLIER OPE
NIN
G B
AL
AN
CES
PURC
HA
SE IN
VO
ICES
PURC
HA
SE-C
RED
IT N
OTE
S
BAN
K (C
ASH
BO
OK)
PA
YMEN
TS
SUPP
LIER
REF
UN
D
CLO
SIN
G B
ALA
NCE
S
NIKEYBETTERWARERACQUETSRACQUETSBRITISH TELECOMBRITISH GASDIRECT LINEBMWLEVISMANN RICHARDSBRITANNIA
A B C D E F
CASE STUDY SUPPLIER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
UK NIKEY -SUPPLIER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 PURCHASE INVOICE
1 PURCHASE INVOICE
2 PURCHASE CREDIT NOTES
2 PURCHASE CREDIT NOTES
3 CHEQUES PAID
3 CHEQUES PAID3 CHEQUES PAID
4 CASH PAID
4 CASH PAID
5 SUPPLIER REFUND
5 SUPPLIER REFUND
C/F
TOTALS
CASE STUDY SUPPLIER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
UK BETTERWARE -SUPPLIER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 PURCHASE INVOICE
1 PURCHASE INVOICE
2 PURCHASE CREDIT NOTES
2 PURCHASE CREDIT NOTES
3 CHEQUES PAID
3 CHEQUES PAID3 CHEQUES PAID
4 CASH PAID
4 CASH PAID
5 SUPPLIER REFUND
5 SUPPLIER REFUND
C/F
TOTALS
CASE STUDY SUPPLIER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK -KEEPING
UK RACQUETS-SUPPLIER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 PURCHASE INVOICE
1 PURCHASE INVOICE
2 PURCHASE CREDIT NOTES
2 PURCHASE CREDIT NOTES
3 CHEQUES PAID
3 CHEQUES PAID3 CHEQUES PAID
4 CASH PAID
4 CASH PAID
5 SUPPLIER REFUND
5 SUPPLIER REFUND
C/F
TOTALS
CASE STUDY SUPPLIER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
UK BRITISH TEL -SUPPLIER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 PURCHASE INVOICE
1 PURCHASE INVOICE
2 PURCHASE CREDIT NOTES
2 PURCHASE CREDIT NOTES
3 CHEQUES PAID
3 CHEQUES PAID3 CHEQUES PAID
4 CASH PAID
4 CASH PAID
5 SUPPLIER REFUND
5 SUPPLIER REFUND
C/F
TOTALS
CASE STUDY SUPPLIER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK -KEEPING
UK BRITISH GAS -SUPPLIER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 PURCHASE INVOICE
1 PURCHASE INVOICE
2 PURCHASE CREDIT NOTES
2 PURCHASE CREDIT NOTES
3 CHEQUES PAID
3 CHEQUES PAID3 CHEQUES PAID
4 CASH PAID
4 CASH PAID
5 SUPPLIER REFUND
5 SUPPLIER REFUND
C/F
TOTALS
CASE STUDY SUPPLIER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
UK DIRECT LINE -SUPPLIER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 PURCHASE INVOICE
1 PURCHASE INVOICE
2 PURCHASE CREDIT NOTES
2 PURCHASE CREDIT NOTES
3 CHEQUES PAID
3 CHEQUES PAID3 CHEQUES PAID
4 CASH PAID
4 CASH PAID
5 SUPPLIER REFUND
5 SUPPLIER REFUND
C/F
TOTALS
CASE STUDY SUPPLIER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK -KEEPING
UK BMW -SUPPLIER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 PURCHASE INVOICE
1 PURCHASE INVOICE
2 PURCHASE CREDIT NOTES
2 PURCHASE CREDIT NOTES
3 CHEQUES PAID
3 CHEQUES PAID3 CHEQUES PAID
4 CASH PAID
4 CASH PAID
5 SUPPLIER REFUND
5 SUPPLIER REFUND
C/F
TOTALS
CASE STUDY SUPPLER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK -KEEPING
UK LEVIS -SUPPLIER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 PURCHASE INVOICE
1 PURCHASE INVOICE
2 PURCHASE CREDIT NOTES
2 PURCHASE CREDIT NOTES
3 CHEQUES PAID
3 CHEQUES PAID3 CHEQUES PAID
4 CASH PAID
4 CASH PAID
5 SUPPLIER REFUND
5 SUPPLIER REFUND
C/F
TOTALS
CASE STUDY SUPPLIER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK -KEEPING
EC*1 MANN RICHARDS -SUPPLIER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 PURCHASE INVOICE
1 PURCHASE INVOICE
2 PURCHASE CREDIT NOTES
2 PURCHASE CREDIT NOTES
3 CHEQUES PAID
3 CHEQUES PAID3 CHEQUES PAID
4 CASH PAID
4 CASH PAID
5 SUPPLIER REFUND
5 SUPPLIER REFUND
C/F
TOTALS
CASE STUDY SUPPLIER LEDGER CARDMONTH JAN 20XX
MANUAL BOOK-KEEPING
EC*2 BRITANNIA -SUPPLIER LEDGER CARD
DATE DETAILS DEBIT (dr)£ CREDIT(cr) £ BALANCE
B/F
1 PURCHASE INVOICE
1 PURCHASE INVOICE
2 PURCHASE CREDIT NOTES
2 PURCHASE CREDIT NOTES
3 CHEQUES PAID
3 CHEQUES PAID3 CHEQUES PAID
4 CASH PAID
4 CASH PAID
5 SUPPLIER REFUND
5 SUPPLIER REFUND
C/F
TOTALS
CASE STUDY PROFIT LOSS A/C MONTH-JAN 20XX
MANUAL BOOK -KEEPING
Management Information onlyPROFIT+LOSS A/C
JAN 20XXDEBIT CREDIT %
SALES £
Opening stock £Purchases £
Closing stock £
Cost of sales £
Gross Profit £
Bank interest received £
Administrative ExpensesGross wages £Employers NI £Rent £Accountancy fees £Telephone £
Task 7
Telephone £Light & Heat £Motor Expenses £Postage £Stationery £Cleaning £Sundries £Bank charges £Bad Debts £Depreciation £
£
Profit before interest and tax £
CASE STUDY BALANCE SHEETAT JAN 20XX
MANUAL BOOK -KEEPING
Management Information onlyBalance Sheet
JAN 20XX
Fixed Asset-Car- Cost £less accumilated Depreciation £Net book value £
Current AssetsStock £Debtors (Less Bad Debts prov) £Prepayments £Cash at bank & in hand £
£
Current LiabilitiesBank Loan £Creditors £Accruals £Tax & social security * £
£
Net Current Assets £
Task 8
Net Current Assets £
Total Assets Less current liabilities £
Capital and ReservesCalled up share capital £Profit and loss account b/f £profit for the January 20XX £
£
*includes Vat £*includes Paye/ni £
*includes corporation tax ££
Ratios
Current Ratio : 1
Acid Test Ratio : 1
VAT due in this period on sales 1
VAT due in this period on EC acquisitions 2
Total VAT Due (Sum of Boxes 1 and 2) 3
Description Box Amount
VAT reclaimed in this period on purchases 4
Net VAT to be paid to HMRC or reclaimed by You 5
Total value of Sales, excluding VAT 6
Total value of Purchases, excluding VAT 7
Total value of EC Sales, excluding VAT 8
Total value of EC Purchases, excluding VAT 9
A typical example of a VAT Return is shown below
CASE STUDY VAT WORKINGJAN 20XX
MANUAL BOOK KEEPING
GROSS VAT NET Customer-Weir-only NETTASK 2(a) Sales Day Book INVOICES 11932.93 £ £ EC SALES INVOICES £
TASK 2(b) Sales Day Book CREDIT NOTES £ £ £ EC SALES CREDIT NOTES £
Totals For Vat Return INVOICES-CREDIT NOTES £ £ £ Totals For Vat Return £
BOX 1 BOX 6 BOX 8
Supplier................................. mann richards Britannia
TASK 3(a) Purchase Day Book INVOICES £ £ £ EC PURCHASES INVOICES £ £
TASK 3(b) Purchase Day Book CREDIT NOTES £ £ £ EC PURCHASES CREDIT NOTES £ £
INVOICES-CREDIT NOTES £ £ Totals For Vat Return £ £ £
BOX 4 BOX 7 BOX 9 BOX 9 Box 2
£ (20% of box 9)
TASK 5(a) Petty Cash BOOK EXPENSES £ £ BOX9
BOX 4 BOX 7
TASK 3&5 Totals For Vat Return £ £TASK 3&5 Totals For Vat Return £ £
BOX 4 BOX 7
ADD BOX 2 £
FINAL BOX 4 £
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SalesorderTTT
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
Bank ReconciliationA bank reconciliation is done to understand why thecash book figure is different from the bank statement at the end of each month.
The manual cash book will record all the receipts & payments that take placein the month but some of them may not appear on the bank statementuntil later due to timing differences
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Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
The manual cash book will record all the receipts & payments that take placein the month but some of them may not appear on the bank statementuntil later due to timing differences
Money recorded in the paying in book will take time to be taken to the bankand the bank will take time to record this on the bank statement &
Money paid via the cheque book will have to be sent to the third partyand it will take time for the bank to pay the third party bank and recordthis on the bank statement
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SalesorderTTT
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
Bank ReconciliationYou now need to complete the bank reconciliation statement
To do this you will have to look back at the Cash bookreceipts and payments and check if they appear on the Bank statement .
If there are any cash book receipts not on the bank statement thenthese are the outstanding receipts for the bank reconciliation-enter them on to the template on the next page
Accounting Concepts: www.accountingconcepts.co.uk
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
If there are any cash book payments not on the bank statement thenthese are the outstanding payments for the bank reconciliation-enter them on to the template on the next page
If there are any cash book receipts not on the bank statement thenthese are the outstanding receipts for the bank reconciliation-enter them on to the template on the next page
CASE STUDY BANK RECONCILIATION MANUAL BOOK-KEEPING
BANK RECONCILIATION STATEMENT AT 31/01/20XX
PER BANK STATEMENT AT 31/ 01/ 20XX £100,885.92
CB ADD OUTSTANDING RECEIPTS
DATE ---------- NAME-------------------- £ £
CB ADD OUTSTANDING PAYMENTS
DATE ---------- NAME-------------------- £ £
DATE ---------- NAME-------------------- £ £DATE ---------- NAME-------------------- £ £
PER CASH BOOK -TB AT 31/ 01/ 20XX £100,732.34
CASE STUDY BANK STATEMENT MANUAL BOOK -KEEPING
OUT IN
DATE DESCRIPTION WITHDRAWALS DEPOSIT BALANCE
01.01.20XX BROUGHT FORWARD 59,770.00£
01.01.20XX CREDIT-SILVER £450.00 60,220.00£
01.01.20XX 100330- TESCOS £200.00 60,020.00£
01.01.20XX DIRECT -BANK LOAN £50,000.00 110,020.00£
06.01.20XX CREDIT -WHITBY £86.50 110106.50
06.01.20XX 100331-NIKEY £3,521.63 106584.87
10.01.20XX CREDIT BLANKLEY £134.70 106719.57
BANK STATEMENT
10.01.20XX CREDIT BLANKLEY £134.70 106719.57
10.01.20XX 100332-BETTERWARE £173.12 106546.45
10.01.20XX DIRECT -HMRC VAT £230.72 106315.73
15.01.20XX CREDIT-HOLLOWAY £98.62 106414.35
15.01.20XX 100333-RACQUETS £106.32 106308.03
17.01.20XX CREDIT-WILLIAMS £102.37 106410.40
17.01.20XX BRITISH TELECOM £540.67 105869.73
18.01.20XX CREDIT-WHITEHOUSE £27.12 105896.85
CASE STUDY BANK STATEMENT MANUAL BOOK -KEEPING
18.01.20XX 100334-BRITISH GAS £787.00 105109.85
19.01.20XX CREDIT-NOLAN £66.00 105175.85
19.01.20XX 100335-RYMANS £35.00 105140.85
27.01.20XX CREDIT-EVANS £2,765.00 107905.85
27.01.20XX 100336-BMW £47.00 107858.85
27.01.20XX DIRECT -GOLINGAY £2,170.37 110029.22
31.01.20XX DIRECT -MANN RICHARDS REFUND £96.00 110125.22
31.01.20XX DIRECT GOLINGAY REFUND £315.00 109810.22
31.01.20XX DIRECT-BANK INTEREST RECEIVED £75.00 109885.22
31.01.20XX DIRECT -BANK CHARGES £25.00 109860.22
31.01.20XX DIRECT AUTO PAY £10,350.00 99510.22
31.01.20XX DIRECT -CASH £167.62 99342.6031.01.20XX DIRECT -CASH £167.62 99342.60
31.01.20XX DIRECT -WEIR £2,439.74 101782.34
31.01.20XX DIRECT-BRITANNIA £896.42 100885.92
LearnManualBookKeeping
SalesorderTTT
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
I Hope you enjoyed theJourney
Now that you understand manual book- keeping &double entry book –keeping protocols ,You will be able to start looking at a Sage 50
Accounting Concepts: www.accountingconcepts.co.uk
Email: [email protected]: www.accountingconcepts.co.uk.............................................................................................
Now that you understand manual book- keeping &double entry book –keeping protocols ,You will be able to start looking at a Sage 50
This Case study data can now be entered into sage 50The double entry book keeping will take place automatically.