Bookkeeping Basics for Business Owners
IN-PERSON EVENT
If you’re feeling overwhelmed by your business’s bookkeeping — fear no more!
Bookkeeping Basics is a four-part series that helps business owners handle financial records with ease. We break down the essentials, from choosing accounting methods (cash vs. accrual) to precise transaction logging.
Join us to learn the ins and outs of maintaining organized books and discover expert-recommended practices to elevate your bookkeeping skills. Say goodbye to confusion and hello to a more straightforward way of managing your business finances!
Program Outline:
Thursday, June 6 | 10 a.m. – Noon
- Understanding the bookkeeping process
- Setting up a bookkeeping system
- Creating a chart of accounts
- Cash method vs. accrual method
Thursday June 13 | 10 a.m. – Noon
- Breaking down revenue vs. expense
- Assets, liabilities, and equity
- Debits vs. credits
- Recording transactions and payroll
Thursday, June 20 | 10 a.m. – Noon
- Preferred methods of accounting
- Logging accounts receivables
- Logging accounts payables
- Depreciation and amortization
Thursday, June 27 | 10 a.m. – Noon
- Paying employees vs. paying owners
- Journal entries
- Closing the books
- Understanding financial statements
