Bookkeeping Basics #1: Understand the Fundamentals

Course

Online

£ 10 + VAT

Description

  • Type

    Course

  • Methodology

    Online

  • Start date

    Different dates available

As a business owner, entrepreneur, employee or student you may be great in your field but that doesn't mean you're strong in every area of running a business...A great chef may be incredible in the kitchen...
An award-winning body builder can help the most out of shape person...
A talented web designer or graphic artist may create unbelievable designs...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 BookkeepingWho 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

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

Understand the basics of bookkeeping helping business owners and managers feel more confident

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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This centre's achievements

2021

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 4 years

Subjects

  • Business Finance
  • Financial Training
  • Equity
  • Financial
  • Finance
  • Options
  • Transactions
  • Accounts
  • Bookkeeping

Course programme

Course Introduction 2 lectures 13:34 Introduction - Course Overview Take a Quick look through the entire course and see what we have planned! Introductions and Off-Course Resources Learn about your instructor along with the additional resources we've developed to compliment the video lectures. Course Introduction 2 lectures 13:34 Introduction - Course Overview Take a Quick look through the entire course and see what we have planned! Introductions and Off-Course Resources Learn about your instructor along with the additional resources we've developed to compliment the video lectures. Introduction - Course Overview Take a Quick look through the entire course and see what we have planned! Introduction - Course Overview Take a Quick look through the entire course and see what we have planned! Introduction - Course Overview Take a Quick look through the entire course and see what we have planned! Introduction - Course Overview Take a Quick look through the entire course and see what we have planned! Take a Quick look through the entire course and see what we have planned! Take a Quick look through the entire course and see what we have planned! Introductions and Off-Course Resources Learn about your instructor along with the additional resources we've developed to compliment the video lectures. Introductions and Off-Course Resources Learn about your instructor along with the additional resources we've developed to compliment the video lectures. Introductions and Off-Course Resources Learn about your instructor along with the additional resources we've developed to compliment the video lectures. Introductions and Off-Course Resources Learn about your instructor along with the additional resources we've developed to compliment the video lectures.Learn about your instructor along with the additional resources we've developed to compliment the video lectures.Learn about your instructor along with the additional resources we've developed to compliment the video lectures. Money and its Relationship to Business 4 lectures 21:37 Before We Start - Business vs. Personal Understand the Difference and the Importance of tracking personal finances separately business finance. Why Worry About The Money? Learn why it's important to properly and accurately track your company's financial activity... And it's NOT only about taxes! What Kind of Business Are YOU? How is your company set up and what does that mean to both your bookkeeping but also your entire company's operation? The Four Business Types Which one is right for your company? Sole proprietorship? Partnership? Corporation? LLC? Money and its Relationship to Business 4 lectures 21:37 Before We Start - Business vs. Personal Understand the Difference and the Importance of tracking personal finances separately business finance. Why Worry About The Money? Learn why it's important to properly and accurately track your company's financial activity... And it's NOT only about taxes! What Kind of Business Are YOU? How is your company set up and what does that mean to both your bookkeeping but also your entire company's operation? The Four Business Types Which one is right for your company? Sole proprietorship? Partnership? Corporation? LLC? Before We Start - Business vs. Personal Understand the Difference and the Importance of tracking personal finances separately business finance. Before We Start - Business vs. Personal Understand the Difference and the Importance of tracking personal finances separately business finance. Before We Start - Business vs. Personal Understand the Difference and the Importance of tracking personal finances separately business finance. Before We Start - Business vs. Personal Understand the Difference and the Importance of tracking personal finances separately business finance. Understand the Difference and the Importance of tracking personal finances separately business finance. Understand the Difference and the Importance of tracking personal finances separately business finance. Why Worry About The Money? Learn why it's important to properly and accurately track your company's financial activity... And it's NOT only about taxes! Why Worry About The Money? Learn why it's important to properly and accurately track your company's financial activity... And it's NOT only about taxes! Why Worry About The Money? Learn why it's important to properly and accurately track your company's financial activity... And it's NOT only about taxes! Why Worry About The Money? Learn why it's important to properly and accurately track your company's financial activity... And it's NOT only about taxes!Learn why it's important to properly and accurately track your company's financial activity... And it's NOT only about taxes!Learn why it's important to properly and accurately track your company's financial activity... And it's NOT only about taxes! What Kind of Business Are YOU? How is your company set up and what does that mean to both your bookkeeping but also your entire company's operation? What Kind of Business Are YOU? How is your company set up and what does that mean to both your bookkeeping but also your entire company's operation? What Kind of Business Are YOU? How is your company set up and what does that mean to both your bookkeeping but also your entire company's operation? What Kind of Business Are YOU? How is your company set up and what does that mean to both your bookkeeping but also your entire company's operation?How is your company set up and what does that mean to both your bookkeeping but also your entire company's operation?How is your company set up and what does that mean to both your bookkeeping but also your entire company's operation? The Four Business Types Which one is right for your company? Sole proprietorship? Partnership? Corporation? LLC? The Four Business Types Which one is right for your company? Sole proprietorship? Partnership? Corporation? LLC? The Four Business Types Which one is right for your company? Sole proprietorship? Partnership? Corporation? LLC? The Four Business Types Which one is right for your company? Sole proprietorship? Partnership? Corporation? LLC? Which one is right for your company? Sole proprietorship? Partnership? Corporation? LLC? Which one is right for your company? Sole proprietorship? Partnership? Corporation? LLC? Let's Understand What We're Talking About 4 lectures 26:25 What and Why... Exactly WHAT is bookkeeping and WHY do we do it? Who... There are a lot of options on WHO actually does your bookkeeping, but you can't just completely hand it off. Find out why... When and Where... Every day? Once a week? What's right for your company for WHEN the work gets done? Also, WHERE is not only the best place to do the work, but to store your records? Consistency Is THE Key Consistency... It makes your work easier and more accurate. But how do you accomplish it? Let's Understand What We're Talking About 4 lectures 26:25 What and Why... Exactly WHAT is bookkeeping and WHY do we do it? Who... There are a lot of options on WHO actually does your bookkeeping, but you can't just completely hand it off. Find out why... When and Where... Every day? Once a week? What's right for your company for WHEN the work gets done? Also, WHERE is not only the best place to do the work, but to store your records? Consistency Is THE Key Consistency... It makes your work easier and more accurate. But how do you accomplish it? What and Why... Exactly WHAT is bookkeeping and WHY do we do it? What and Why... Exactly WHAT is bookkeeping and WHY do we do it? What and Why... Exactly WHAT is bookkeeping and WHY do we do it? What and Why... Exactly WHAT is bookkeeping and WHY do we do it?Exactly WHAT is bookkeeping and WHY do we do it?Exactly WHAT is bookkeeping and WHY do we do it? Who... There are a lot of options on WHO actually does your bookkeeping, but you can't just completely hand it off. Find out why... Who... There are a lot of options on WHO actually does your bookkeeping, but you can't just completely hand it off. Find out why... Who... There are a lot of options on WHO actually does your bookkeeping, but you can't just completely hand it off. Find out why... Who... There are a lot of options on WHO actually does your bookkeeping, but you can't just completely hand it off. Find out why...There are a lot of options on WHO actually does your bookkeeping, but you can't just completely hand it off. Find out why...There are a lot of options on WHO actually does your bookkeeping, but you can't just completely hand it off. Find out why... When and Where... Every day? Once a week? What's right for your company for WHEN the work gets done? Also, WHERE is not only the best place to do the work, but to store your records? When and Where... Every day? Once a week? What's right for your company for WHEN the work gets done? Also, WHERE is not only the best place to do the work, but to store your records? When and Where... Every day? Once a week? What's right for your company for WHEN the work gets done? Also, WHERE is not only the best place to do the work, but to store your records? When and Where... Every day? Once a week? What's right for your company for WHEN the work gets done? Also, WHERE is not only the best place to do the work, but to store your records? Every day? Once a week? What's right for your company for WHEN the work gets done? Also, WHERE is not only the best place to do the work, but to store your records? Every day? Once a week? What's right for your company for WHEN the work gets done? Also, WHERE is not only the best place to do the work, but to store your records? Consistency Is THE Key Consistency... It makes your work easier and more accurate. But how do you accomplish it? Consistency Is THE Key Consistency... It makes your work easier and more accurate. But how do you accomplish it? Consistency Is THE Key Consistency... It makes your work easier and more accurate. But how do you accomplish it? Consistency Is THE Key Consistency... It makes your work easier and more accurate. But how do you accomplish it?Consistency... It makes your work easier and more accurate. But how do you accomplish it?Consistency... It makes your work easier and more accurate. But how do you accomplish it? The Tools 6 lectures 23:32 Section Intro Transactions Understand exactly what a financial transaction is and how it effects your business. The Big Equation... A = L + E Learn how Assets, Liabilities and Equity relate to each other and why they must ALWAYS stay in balance. Accounts and the Chart of Accounts Understand exactly what an account is and how to organize them into your personalized Chart of Accounts. Sample Charts of Accounts Your First Quiz! The Tools nses...

Additional information

As long as you know how to add and subtract (or can use a calculator!), you're ready to begin!

Bookkeeping Basics #1: Understand the Fundamentals

£ 10 + VAT