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Basic Bookkeeping Hacks

Basic Bookkeeping Hacks

Description
Learn the difference between Accounting and Bookkeeping. Discover how a good bookkeeping system can save you wasted hours and dollars. How to have a conversation with your banker and accountant.
You will learn:
  • Ethics and Rules
  • Types of business organizations: proprietorship, partnership, corporation, C-corp, S-corp, LLC.
  • Basic terminology
  • Accounting concepts and principles
    In this course, we share how you can make your bookkeeping tasks easier. 
    • Set up a separate business bank account
    • How to separate your personal and  business transactions
    • Basic software that can save you time and money
    • What to do with your receipts
    Furthermore you will learn some basic accounting terminology to help you organize your accounting information, including:
    • Assets – economic resources owned by the business
    • Liabilities – creditor’s claim to the asset
    • Owner’s Equity – owner’s claim to the assets
    Who this course is for:
    • All small and medium businesses
    • Solopreneurs, SOHO and Bookkeepers



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