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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:

    • 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

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


8 ratings
  1. Anjellyca LisingJanuary 10, 2021 at 8:06 am

    Great Course!


    Basic bookkeeping is great learning when starting up a business. Your course is simple yet full of learnings.

  2. Sarah Quiggle

    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.

  3. Janae Arnold

    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!

  4. Diana


    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.

  5. Adrienne Grolbert
    Adrienne GrolbertAugust 31, 2019 at 11:50 am



    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.

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