Accounting and bookkeeping are pivotal to your business’s financial health. A bookkeeping worksheet serves as a one-stop guide for capturing essential financial data and keeping your numbers meticulously organised. Here’s a sample template you can use to keep your financial house in tip-top shape.
Bookkeeping Worksheet for [Your Business Name]
Financial Period: [Month/Quarter/Year]
Income
Date
Customer
Invoice Number
Amount ($)
Payment Received ($)
Outstanding Balance ($)
01/01/20XX
Business A
IN001
1,000
1,000
0
05/01/20XX
Business B
IN002
2,000
1,500
500
Totals
3,000
2,500
500
Expenses
Date
Vendor
Receipt Number
Category
Amount ($)
01/01/20XX
Supplier A
RC001
Supplies
300
03/01/20XX
Supplier B
RC002
Utilities
200
Totals
500
Payroll
Date
Employee
Gross Pay ($)
Tax Withheld ($)
Net Pay ($)
15/01/20XX
Employee A
3,000
600
2,400
15/01/20XX
Employee B
2,500
500
2,000
Totals
5,500
1,100
4,400
Bank Reconciliation
Date
Description
Debit ($)
Credit ($)
Bank Balance ($)
01/01/20XX
Opening Balance
–
–
10,000
05/01/20XX
Payment to A
1,000
–
9,000
Totals
1,000
–
9,000
Accounts Receivable & Payable
Type
Due Date
Party
Amount ($)
Receivable
15/01/20XX
Business B
500
Payable
20/01/20XX
Supplier C
300
Totals
800
Keep this worksheet up-to-date to ensure you have your finger on the pulse of your business’s financial vitals. Tailor the categories and tables according to your specific needs for a customised accounting experience. Diligence today paves the way for financial success tomorrow.
Whether it’s navigating the complexities of tax law or streamlining your financial records, Universal Taxation has the expertise to guide you through. Choose how you’d like to get started and let’s make your financials shine! 🌟
Taral Khandheriya is a Certified Practising Accountant (CPA) and author at Universal Taxation, who specializes in tax preparation, small/micro business accounting, business services, bookkeeping, business broking, etc. He is well versed in implementing new business strategies that enhance business processes and improves profitability. In his spare time, he reads books on finance, investment tips, and business development strategies.
