How to handle your own bookkeeping | FAQs

2 minutes   |  CAREER ADVICE, FINANCE

Handling your own bookkeeping is easier than it sounds. Whether you’re a professional accountant, freelancer or a small business owner, simply trying to manage your books, you can rely on accounting programmes like Pastel and QuickBooks to help you achieve sound financial management.

Watch this short video where Gareth Cotten, Head Tutor on the online UCT Bookkeeping course outlines the tools, techniques and skills used to do your own bookkeeping.

Whether you’re a freelancer or small business owner, you need to be able to take control of your financial management and bookkeeping if you hope to be successful. Fortunately, there are bookkeeping courses and tools that can help you achieve your accounting business objectives without having to rely on the services of a professional accountant. Services similar to Pastel allow you to achieve sound financial management and bookkeeping, free of charge and are easy to make use of. A good bookkeeping tip is to move your bookkeeping off of pen and paper and towards a digital approach where things can be recorded long-term.


 Looking for a bookkeeping course that will give you more insights into bookkeeping?


Transcriptions 

One of the easiest ways to do your own bookkeeping is going to be using a computerised accounting programme. You can use a more complex one like Pastel, which is very well known but there are a lot of other ones out there, some of which are actually completely free which are very quick and easy to learn. Some of the slightly more paid ones are ones like QuickBooks which is designed to be able to teach people how to do their own accounting or bookkeeping with no experience at all. You can also use Excel. People track their own books by just writing it down on a piece of paper, but I would look at a couple of open source or easy to learn accounting programs if you want to do it yourself.