The zero based bookkeeping tutorial is coming!How to do zero based accounting in 2024?

Mondo Technology Updated on 2024-01-31

I have brought a few relatives around me before, and I have changed careers to become accountants, and I have not graduated from junior high school with the lowest education, so it is not difficult for me to learn to do accounts from scratch.

The first step of the tutorial for zero-based accounting: research

I think it must be very difficult for everyone to start accounting practice work directly, you might as well take the simplest certificate first, the most basic certificate in the field of accounting is the junior accounting title, my relatives who did not graduate from junior high school, took the exam in 2 months, it should be okay.

After all, she is with two babies, and she only has some time to study after 8 o'clock in the evening, and she has 61 points to persevere.

The second step of the tutorial of zero-based accounting: practical operation

Now there are all kinds of zero-based bookkeeping training on the market, I personally think there is no need, you first take a primary certificate, and after the certificate, you will go to your local ** bookkeeping company, find a job as an accountant, earn a lot every month, and it is the actual company accounting, you will not ask!

Go directly to the ** bookkeeping and actually do the accounts and tax returns, don't report any class, you will be tired when you learn to learn the shift.

Step 3 of the tutorial on zero-based accounting: change jobs

In the agency company, you have learned to do accounts, file taxes, and issue statements, and you have learned almost all kinds of industry accounts, and if you have 1-2 years of work experience, you will withdraw. After all, accounting is not a long-term plan, you find a good company, the industry is a little more off-the-beaten, what construction, photovoltaic, new energy or something, such an experienced old accountant she has not done in these industries, she has a similar foundation with you, you are cheaper than her, it is not difficult to find a job.

How to do zero-based accounting in 2024?

Having said so much, I still have to teach you some technology.

1.Voucher collation and review

1.1 Daily expense invoice processing

Daily expense invoices are one of the common documents in the daily operation of enterprises. When processing such invoices, it is necessary to ensure that each invoice is signed by the supervisor and accompanied by the corresponding bank remittance slip or cash payment voucher. If the payment is made in cash, it is necessary to stamp the invoice with the words "Paid in Cash" (handwritten is acceptable). Invoices that have not yet been paid should be clearly marked as "unpaid". It is also good practice to indicate the purpose of the expenses on the back of the invoice.

1.2 Audit of payroll

Payroll is an important document for employee compensation management. When processing payroll, it is necessary to ensure that each employee confirms the amount of salary, i.e., each employee should sign the payslip by hand. At the same time, the correctness of the total salary should be calculated and checked.

1.3 Handling of bank transfer slips without invoices

For bank transactions between enterprises and external entities, such as bank transfer remittance slips and remittance slips, the cashier must indicate the purpose of use of the funds on the transfer slip, such as sales revenue, advance receipts or other payments.

1.4. Sorting out tax bills and vouchers

If the tax is paid by bank transfer, a bank transfer slip should be attached to the tax payment receipt. If the tax is paid in cash, it must be marked "paid in cash" on the relevant tax bill.

1.5 Handling of cash and bank deposit carry-over notes

Cash and bank deposit carry-over slips are important documents that reflect the flow of funds in a business and need to be handled in accordance with the correct process.

1.6. Collation of purchase and sales invoices

When processing purchase and sales invoices, the relevant inbound, outbound, and bank remittance orders should be arranged in date order. For each transaction, it is important to ensure the completeness and accuracy of the relevant documentation.

2.Entry of accounting entries

Accounting entries are the basic accounting work that reflects the economic business of an enterprise. Novice accountants need to follow the following principles when entering entries:

2.1 Daily expense entries

For day-to-day expenses, such as business management expenses, different accounting treatments should be carried out according to different payment methods. For example, expenses paid in cash should be debited to the business management expense account and credited to the cash account;Fees paid by bank transfer are credited to the bank deposit account.

2.2 Payroll entries

The processing of payroll usually involves cash or bank transfer payments. The business management expense account should be debited and the cash or bank deposit account credited accordingly.

2.3 Entries for inward remittances without invoices

Depending on the nature of the payment, the accounting entries for the bank transfer inward remittance form are also different. For example, the money sold should be debited to the bank deposit account and credited to the receivables account;The advance receipt is credited to the advance receipt account.

2.4 Entries for bank transfer remittance slips without invoices

When processing bank transfer orders, it is also necessary to make corresponding accounting entries according to the nature of the money. For example, the purchase price should be debited to the payable account and credited to the bank deposit account.

2.5 Tax bill entries

The accounting treatment varies from tax to tax. For example, taxes that are directly charged to expenses, such as stamp duty, urban construction tax, etc., should be debited to the enterprise management expense account and credited to the cash or bank deposit account.

2.6 Cash and bank deposit and withdrawal entries

For the withdrawal of cash from the bank or the deposit of cash in the bank, corresponding accounting entries should be made to reflect the flow of funds.

2.7 Entries for purchase and sales invoices

When processing purchase and sales invoices, corresponding accounting entries should be made based on the payment and receipt of payments. For example, for purchases for which money has been paid, the inventory goods account and the tax payable account should be debited and the bank deposit or cash account should be credited.

3.Review and confirmation of accounting entries

After entering the entries, novice accountants should carefully review and confirm them to ensure the accuracy of each entry. This step is essential to guarantee the accuracy and reliability of financial data.

4.Carry forward the cost of sales and other costs

At the end of the month, it is necessary to make carry-over entries for cost of sales and other costs based on the actual sales and costs. This step is to accurately reflect the profit profile of the business.

5.Prepare the income statement and balance sheet

Based on the summary data of accounting entries, fill in the profit and loss statement and balance sheet. The income statement reflects the operating results of an enterprise over a certain period of time, including revenue, costs and expenses. A balance sheet shows the financial position of a business at a specific point in time, including assets, liabilities, and owners' equity.

6.Tax declaration and accrual

Complete tax filings based on the data from the income statement and balance sheet. At the same time, the tax payable, such as income tax, needs to be accrued according to the statutory tax rate and profitability.

7.Ledger account summarization and reconciliation

Novice accountants should regularly summarize and reconcile the accounts to ensure consistency and accuracy among the various accounts. This process includes the reconciliation of account balances, as well as the analysis of all ledger accounts.

8.Registering and reconciling

All accounting entries are registered in the corresponding account books, and the accounts are reconciled regularly to ensure the consistency of the sub-ledger and the general ledger. This step is a critical step in ensuring the accuracy of financial records.

9.Preparation of the balance sheet

Based on the data in the general ledger, the balance sheet is prepared. The preparation of the balance sheet needs to ensure that the total amount of assets is equal to the total amount of liabilities plus owners' equity, which is the basic principle of the accounting equation.

10.Preparation of financial reports

Prepare and submit financial reports for the business, including income statements, balance sheets, and cash flow statements. These reports provide decision-making support to business management and present the financial health of the business to external stakeholders.

11.Handling of common problems

Novice accountants may encounter various problems in their actual work, such as uneven accounts, errors in entries, etc. In the face of these problems, you should remain calm, carefully check the accounts, and make adjustments in a timely manner.

12.Continuous learning and improvement

Accounting is a field that is constantly changing and evolving, and novice accountants should continue to learn new accounting standards, tax law changes, etc., and constantly improve their professional capabilities.

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