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| Bookkeeping Basics #1: Understand the Fundamentals |
But when it's time to balance the checkbook or talk to the CPA at tax time, it feels like it's a completely different language you've never learned!
Using simple, easy-to-understand discussion, illustrations and note sheets, this 4.5 hour course with over 50 video lessons teaches you the basic building blocks of how money is tracked and what that means to your business or project.
Everyday examples using common phrases and terms you already know allows the instructor to teach that "other language" and for you to feel more confident in working with vendors, customers, employees, investors, instructors and more!
After completing the course, students will feel more confident and knowledgeable on topics such as...
- What is Income and how do you track it?
- Which types of Expenses can be claimed by your business
- The difference between Assets, Liabilities and Equity
- The Five W's of Bookkeeping
- Transactions, The Fundamental Financial Equation and Charts of Accounts.
- Accounts Receivables and Accounts Payables
- Reading Financial Reports
- Business Odds and Ends such as Mileage Tracking, Credit Terms, Shipping and Freight, Trade Discounts
- The Top 10 Mistakes Small Businesses Make
- The Top 6 Tips for Good Bookkeeping
Who this course is for:
- This course is designed for both new and established small business owners and managers who may be strong in their own fields but want a better understanding of the basic concepts of tracking their company finances as well as students beginning the journey of learning bookkeeping.
- A stronger grasp of these basics concepts helps every area of business from communicating with their CPA's/tax advisors to making better decisions for the company and employees; to students learning to communicate with their instructors.
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- Get the course
