Bookkeeping Basics 1 Understand the Fundamentals
What you’ll learn
Understand the basics of bookkeeping helping business owners and managers feel more confident
As long as you know how to add and subtract (or can use a calculator!), you’re ready to begin!
Section 1: Course Introduction
Lecture 1 Introduction – Course Overview
Lecture 2 Introductions and Off-Course Resources
Lecture 3 Even If You’re Not A Business Owner
Lecture 4 Tips for the Experience
Section 2: Money and Its Relationship to Business
Lecture 5 Business vs. Personal
Lecture 6 Why Worry About The Money?
Lecture 7 What Kind of Business Are YOU?
Lecture 8 The Four Business Types
Section 3: Let’s Understand What We’re Talking About
Lecture 9 What and Why…
Lecture 10 Who…
Lecture 11 When and Where…
Lecture 12 Consistency Is The Key
Section 4: The Tools
Lecture 13 Section Intro
Lecture 14 Transactions
Lecture 15 The Big Equation… A = L + E
Lecture 16 Accounts and the Chart of Accounts
Lecture 17 Sample Charts of Accounts
Section 5: Here Comes The Money – Income/Revenue
Lecture 18 How Are You Actually Making Money?
Lecture 19 Invoices, Receipts & Statements… Oh, My!
Lecture 20 If You ARE Invoicing…
Lecture 21 Invoice Samples
Lecture 22 Not All Money Coming In Is Income…
Section 6: There Goes The Money – Expenses
Lecture 23 What Are Expenses?
Lecture 24 What Does It Cost To Make (or Acquire) The Product? – COGS
Lecture 25 Organizing the Expenses
Lecture 26 The Stamp
Section 7: The Other Big Three
Lecture 27 Section Intro
Lecture 28 It’s Just “Stuff” – Assets
Lecture 29 Can You Break A $100 Bill? – Asset Shift
Lecture 30 The Company Owes WHAT? – Liabilities
Lecture 31 But What’s Really MINE? – Equity
Section 8: Who Owes Whom?
Lecture 32 Put It On My Tab – Accounts Payable
Lecture 33 You Want To Pay When? – Accounts Receivable
Lecture 34 What If They Don’t Pay?
Section 9: For The Record Books
Lecture 35 How Are You Doing and How Do You Know?
Lecture 36 Cash Reporting versus Accrual Reporting
Lecture 37 Am I Making Any Money? – P&L Report
Lecture 38 Where Do I Stand Right Now? – The Balance Sheet
Lecture 39 Am I Worth Anything? – The Owner’s Equity Reports
Lecture 40 What’s Owed To Me and By Me – The A/P and A/R Reports
Section 10: Odds and Ends
Lecture 41 Section Intro
Lecture 42 Mileage Tracking
Lecture 43 Terms / Cash Discounts
Lecture 44 Trade Discounts
Lecture 45 Shipping & Freight
Lecture 46 Good Record Keeping
Lecture 47 Top 10 Mistakes Small Businesses Make
Lecture 48 Top 6 Tips For Good Bookkeeping
Section 11: So Now What?
Lecture 49 Can I Get Some Help? and Our Course Recap
Lecture 50 BONUS: Your Certificate and What Comes Next?
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.
Udemy | English | 4h 34m | 2.52 GB
Created by: Ron Trucks