GENERAL BOOKKEEPING SIMPLIFIED

General Bookkeeping Simplified: Step-by-Step Guide to Bookkeeping like a Professional, written by John-Clinton Nsengiyumva, is an essential learning resource designed for teachers, students, and anyone seeking a practical and accessible foundation in bookkeeping. This seven-chapter guide breaks down the core principles of financial recordkeeping into clear, structured lessons supported by real-life examples and hands-on exercises. The book adopts a classroom-friendly teaching style, making it equally valuable as a curriculum tool or a self-study reference.
The journey begins with Chapter 1: Introduction to Bookkeeping, where readers are introduced to the purpose, importance, and fundamental concepts of maintaining accurate financial records. Chapter 2 demystifies financial statements—such as the balance sheet, income statement, and cash flow statement—providing learners with a strong understanding of how financial information is summarized and analyzed.
In Chapter 3, the focus shifts to the mechanics of recording transactions, including journal entries, ledgers, and the flow of information through the accounting system. Chapter 4 explores the management of accounts payable and accounts receivable, helping students understand how businesses track what they owe and what they are owed.
Chapter 5 offers a practical look at payroll and employee benefits, breaking down the steps involved in calculating wages, taxes, and employer contributions. Chapter 6 introduces essential planning tools through budgeting and forecasting, teaching readers how to project financial performance and support decision-making. Finally, Chapter 7 guides learners through year-end procedures, including reconciliation, adjustments, and preparing accurate financial reports.
Through its blend of explanations, examples, and practice exercises, General Bookkeeping Simplified equips both new and experienced learners with the confidence and practical skills needed to manage financial records professionally and efficiently.