Basic Bookkeeping Hacks
Learn the difference between bookkeeping and accounting, and how a good bookkeeping system can save you time and money. Discover basic accounting terminology and how to organize your financial information. Perfect for small and medium businesses, solopreneurs, and bookkeepers.
Keep better track of their revenues and expensesUnderstand the difference between Bookkeeping and AccountingLearn 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 RulesTypes of business organizations: proprietorship, partnership, corporation, C-corp, S-corp, LLC.Basic terminologyAccounting concepts and principlesIn this course, we share how you can make your bookkeeping tasks easier. Set up a separate business bank accountHow to separate your personal and business transactionsBasic software that can save you time and moneyWhat to do with your receiptsFurthermore you will learn some basic accounting terminology to help you organize your accounting information, including:Assets – economic resources owned by the businessLiabilities – creditor’s claim to the assetOwner’s Equity – owner’s claim to the assetsWho this course is for:All small and medium businesses Solopreneurs, SOHO and Bookkeepers
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