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Bookkeeping Tip of the Day
One of the biggest mistakes I see beginners make… They try to memorise bookkeeping instead of understanding it. Bookkeeping isn’t about remembering hundreds of rules. It’s about answering three simple questions every time you record a transaction: ✅ What came into the business?✅ What went out of the business?✅ Where does it belong? Once you understand that logic, bookkeeping starts to make sense. That’s exactly why I’ve built the Bookkeeping Foundations course—to help you understand the why, not just the how. 🎯 Today’s challenge: In the comments, tell me one transaction you’ve always found confusing. Examples: - Owner buys something personally for the business. - Customer pays in advance. - Buying equipment. - VAT. - Bank loans. I’ll reply and explain it in plain English. Learning bookkeeping is much easier when you ask questions. 👇 Drop your question below. Someone else is probably wondering the same thing too.
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Studying is important!
Greetings all, I just want to say that so far so good. The first lesson is great! I will re-watch and take notes until the info completely sticks. Gratitude BL!
Studying is important!
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The Bookkeeping Foundations Course is Now Live!
Hi everyone, I'm excited to let you know that the Bookkeeping Foundations course is now live in the classroom! This free course has been designed to give you a solid understanding of the fundamentals of bookkeeping. We'll cover topics such as: - What a bookkeeper does - The accounting equation - Debits and credits - How bookkeeping works from start to finish - A practical bookkeeping exercise I'd really appreciate it if you could take some time to go through the lessons and let me know what you think. Your feedback is incredibly valuable. If anything isn't clear, if you'd like more examples, or if there's a topic you'd like me to cover in more detail, please leave a comment in the community. I'll use your suggestions to improve the course for everyone. Join Me Live I'm also running a live bookkeeping session, where we'll work through the practice exercise together. Rather than simply watching videos, you'll be able to: - Follow along in real time - Ask questions as we go - Build confidence with debits and credits - Understand the reasoning behind each transaction If you're new to bookkeeping, I highly recommend joining the live session. It's one of the fastest ways to develop a solid understanding of the fundamentals. Thank you for being part of this community and supporting the launch. I'm looking forward to helping you on your bookkeeping journey, and there's much more to come—including a complete Bookkeeping Step-by-Step course. See you in the classroom! Jafar Iqbal Chartered Accountant & Course Instructor
Overview Uploaded
🚀 New Lesson Uploaded – Bookkeeping Overview I’ve just uploaded a brand new lesson inside the classroom:“Bookkeeping Overview – Understanding the Full Framework.” In this session, I walk you through the complete structure of bookkeeping from start to finish: Daybooks → Ledgers → Trial Balance → Profit & Loss → Balance Sheet. Before we go into detailed postings and practical examples, it’s essential that you understand the big picture. This lesson gives you that clarity. Go through it carefully — this framework will make everything else much easier to understand. Let me know in the comments once you’ve watched it 👇
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