Udemy - Basic Bookkeeping Hacks [Course Drive]

Basic Bookkeeping Hacks

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

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