The same as the general small business, mainly to build accounts, bookkeeping and statements.
Build accounts:
1) Prepare accounting books (cash journal, bank deposit journal, ledger and general ledger), if there is no account to the bank, the bank deposit journal can be left out. The ledger does not necessarily involve all the general ledger accounts, you can set up a part of it as needed.
2) Prepare accounting documents, original documents (receipts, etc.).
3) Set up the accounting accounts that may be used. You can refer to the catering industry accounts, mainly:
Cash, accounting for hotel cash on hand, finders' reserve and petty cash reserve. According to the receipt and payment vouchers, in accordance with the order of business occurrence, day by day registration.
Bank deposits
Accounts receivable
Other receivables, can be set up according to the different debtors of the detailed accounts.
Inventory, raw materials for production, oil, semi-finished products, cigarettes, alcohol, tea, beverages and other commodities in stock, and stored in the warehouse unused materials, supplies and packaging containers for packaging and sales of food. Set up a detailed account according to different categories and product names, and take regular inventory.
Fixed assets
Accumulated depreciation
Accounts payable, according to the name of different units to set up separate ledgers.
Employee compensation payable
Taxes payable
Other payables, employee social security is also accounted for in this account.
Paid-in capital, with ledger accounts by investor account name.
Profit for the year
Profit Distribution
Revenue from main business
Costs of main business
Operating taxes and surcharges
Expenses of sales
Administrative expenses
Out-of-operation income
Out-of-operation expenses
4) Preparation of accounting documents based on the business and bills , register the ledger and general ledger based on accounting vouchers, and prepare accounting statements based on the general ledger or account balance sheet.
Is there a specific procedure for doing accounting?
Mainly the reimbursement bookkeeping process and revenue bookkeeping process, which are the main elements of the operation.
Reimbursement bookkeeping process:
The operator to fill out the reimbursement form and other documents - the boss to approve - the cashier to pay - the accountant to prepare vouchers --Cashier register journal -- Accountant register ledger or general ledger -- End of the period carry forward -- out of the statement --Binding vouchers, filing
Collections bookkeeping process -- the payee (or cashier) to fill out the income statement, etc. -- the cashier to collect money -- the -Cashier invoice (if necessary) -Cashier register journal -Accountant prepare journal vouchers -Accountant register ledger or general ledger -End-of-period carryover -Statements -Binding of vouchers, filing
If you don't have a full-time accountant and cashier, you can work part-time, but the accountant and the cashier can't be the same person.
That's about it, hope it helps.