Accounts and bookkeeping¶

The accounting side of KJB — where the trading day ends up, and how to read it.

Understand¶

Day Book, Journal and Ledger — three views of the same postings, and which one answers your question.
Chart of Accounts — your ledgers, and which one a purchase lands in.
Purchases and accounts payable — supplier bills, and why one that came from a goods-received note cannot be overtyped.
Statements — Trial Balance, Profit & Loss and Balance Sheet, what "provisional" means, and why every figure belongs to a period and an outlet.
Reconciliation — the bank's version of events against yours.
Period Close — locking the books, and why it is not the same as closing a day.

Audit trail and exports — who did what, and getting figures out to your accounting software.

Close the day — the operational close, which a period close depends on but is not.
Reading a report — the operational reports, and what to check before believing a figure.
Books at a glance — the owner's summary of the same money.