In this 36 page article you will learn a simple step by step method for organizing and paying bills at home or in a small office setting. I offer you a practical way to keep on top of your bills so that you can have a good idea of how much you owe to whom at any given time. I lay out a simple step by step system covering organizing your bills, paying them using inexpensive accounting software, and reconciling your bank account. At the end I include several appendices which include a list of inexpensive resources which can make your bill payments run a little more smoothly.
This article is intended to help people with little or no practical bookkeeping experience to set up a basic Accounts Payable system without overwhelming them with details. This may include people setting up a small business out of their home, parishioners who are helping out with the bookkeeping for their church, or people trying to get a better grip on their personal bills. If you have never done bookkeeping before and/or feel intimidated about starting, this article should help to alleviate some of your anxiety. I will not try to anticipate every possible angle and outcome. I will offer you a simple, easy to use Accounts Payable system which has worked well for me in a variety of business settings.
Approximately 9,000 words.