Basic Bookkeeping Hacks

Basic Bookkeeping Hacks
Video: .mp4 (1280x720, 30 fps(r)) | Audio: aac, 44100 Hz, 2ch | Size: 858 MB
Genre: eLearning Video | Duration: 28 lectures (1 hour, 40 mins) | Language: English

How to easily get your accounting and bookkeeping done fast

What you'll learn

Keep better track of their revenues and expenses
Understand the difference between Bookkeeping and Accounting

Requirements

No prior information required
No software is required
A Desire to more easily manage your revenue and expenses is helpful

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