Basic Bookkeeping Hacks

Basic Bookkeeping Hacks
Basic Bookkeeping Hacks
MP4 | Video: AVC 1280x720 | Audio: AAC 44KHz 2ch | Duration: 1.5 Hours | Lec: 28 | 857 MB
Genre: eLearning | Language: English

How to easily get your accounting and bookkeeping done fast

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 reces
Furthermore you will learn some basic accounting terminology to help you organize your accounting information, including:

Assets " economic resources owned by the business
Liabilities " creditors claim to the asset
Owners Equity " owners claim to the assets

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