Basic Bookkeeping

Sale price$199.00

This module introduces the basics of bookkeeping, such as managing invoices, tracking expenses, and understanding financial reports.

By the end of this course, participants will be able to:

  • Understand basic accounting terminology.
  • Identify the differences between the cash and accrual accounting methods.
  • Keep track of your business by becoming familiar with accounts payable and accounts receivable.
  • Use a journal and general ledger to document business financials.
  • Utilize the balance sheet.
  • Identify different types of financial statements.
  • Uncover the reasons for and actually create a budget.

Be familiar with internal and external auditing.


Intended Audience: All