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About This Course
It takes a lot to be able to understand how to run a business. Whether you’re the owner, an employee or even a student trying to understand how everything works. You may have a full range of talent in your specific field, but that doesn’t mean you’re strong in every area of running a business. And that’s how this course approaches the material.
Using simple, easy-to-understand discussion, along with full color illustrated note sheets and samples, this course with over 50 video lessons teaches you the basic fundamentals of how money is tracked and what that means to your business or project.
The course provides beginners understanding of how the basic concepts using everyday examples along with common phrases and terms to teach that “other language” of bookkeeping 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:
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- The difference between Assets, Liabilities and Equity
- What is Income and how do you track it
- Which types of Expenses can be claimed by your business
- 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 Bookkeeping
- The difference between Assets, Liabilities and Equity
Our Promise to You
By the end of this course, you will have learned the basics of bookkeeping.
30 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.
Get started today and learn more about the basics of bookkeeping.
Course Curriculum
4h 29m
| Section 1 - Course Introduction | |||
| Introduction – Course Overview | 00:00:00 | ||
| Introductions And Off – Course Resources | 00:00:00 | ||
| Downloadable Materials And Quizzes | 00:00:00 | ||
| Section 2 - Money And Its Relationship To Business | |||
| Before We Start – Business Vs. Personal | 00:00:00 | ||
| Why Worry About The Money? | 00:00:00 | ||
| What Kind Of Business Are You? | 00:00:00 | ||
| The Four Business Types | 00:00:00 | ||
| Section 3 - Let's Understand What We're Talking About | |||
| What And Why | 00:00:00 | ||
| Who | 00:00:00 | ||
| When And Where | 00:00:00 | ||
| Consistency Is The Key | 00:00:00 | ||
| Section 4 - The Tools | |||
| Section Intro | 00:00:00 | ||
| Transactions | 00:00:00 | ||
| The Big Equation: A = L + E | 00:00:00 | ||
| Accounts And The Chart Of Accounts | 00:00:00 | ||
| Sample Charts Of Accounts | 00:00:00 | ||
| Section 5 - Here Comes The Money - Income And Revenue | |||
| How Are You Actually Making Money? | 00:00:00 | ||
| Invoices, Receipts And Statements | 00:00:00 | ||
| If You Are Invoicing | 00:00:00 | ||
| Invoice Samples | 00:00:00 | ||
| Not All Money Coming In Is Income | 00:00:00 | ||
| Section 6 - There Goes The Money - Expenses | |||
| What Are Expenses? | 00:00:00 | ||
| What Does It Cost To Make or Acquire The Product? – COGS | 00:00:00 | ||
| Organizing The Expenses | 00:00:00 | ||
| The Stamp | 00:00:00 | ||
| Section 7 - The Other Big Three | |||
| Section Intro | 00:00:00 | ||
| It’s Just “Stuff” – Assets | 00:00:00 | ||
| Can You Break A $100 Bill? – Asset Shift | 00:00:00 | ||
| The Company Owes What? – Liabilities | 00:00:00 | ||
| But What’s Really Mine? – Equity | 00:00:00 | ||
| Section 8 - Who Owes Whom? | |||
| Put It On My Tab – Accounts Payable | 00:00:00 | ||
| You Want To Pay When? – Accounts Receivable | 00:00:00 | ||
| What If They Don’t Pay? | 00:00:00 | ||
| Section 9 - For The Record Books | |||
| How Are You Doing And How Do You Know? | 00:00:00 | ||
| Cash Reporting Versus Accrual Reporting | 00:00:00 | ||
| Am I Making Profit? – P And L Report | 00:00:00 | ||
| Where Do I Stand Right Now? – The Balance Sheet | 00:00:00 | ||
| Am I Worth Anything? – The Owner’s Equity Reports | 00:00:00 | ||
| What’s Owed To Me and By Me – The A/P and A/R Reports | 00:00:00 | ||
| Section 10 - Odds And Ends | |||
| Introduction | 00:00:00 | ||
| Mileage Tracking | 00:00:00 | ||
| Terms And Cash Discounts | 00:00:00 | ||
| Trade Discounts | 00:00:00 | ||
| Shipping And Freight | 00:00:00 | ||
| Good Record Keeping | 00:00:00 | ||
| Top 10 Mistakes Small Businesses Make | 00:00:00 | ||
| Top 6 Tips For Good Bookkeeping | 00:00:00 | ||
| Section 11 - So Now What? | |||
| Can I Get Some Help and Our Course Recap | 00:00:00 | ||
Course Reviews
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Great Course!
Basic bookkeeping is great learning when starting up a business. Your course is simple yet full of learnings.
Great Course for Beginners
I really liked this course and found it very helpful. It really explained bookkeeping basics in an easy to understand way.
Excellent introductory course
This course is perfect for those who don’t have any knowledge of bookkeeping beyond owning a personal checking account. Ron has a “plain English” delivery of the information. Instead of getting bogged down by terminology, you are actually getting to know and understand concepts to get you pointed in the right direction, whatever that direction may be for you. If you are just starting out on getting educated in bookkeeping I absolutely recommend this course!
This course was super helpful in teaching what records we need to keep in our businesses as well as why and what each report should cover.
Great!
As someone who is both starting to learn bookkeeping in order to start a small bookkeeping business this was very helpful and provided guidance for starting off right.