DIY Accounting

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Bookkeeping is the process of recording your business’s financial transactions so that you know exactly how much you’re making and where your money is going. It’s foundational to running a profitable business—after all, if you don’t know how much you’re making or where that money is going, you’ll have a hard time finding ways to expand your profitability.

If you’ve never worked in finance before, small-business bookkeeping can feel overwhelming. Fortunately, most small-business bookkeeping software was made specifically for non-accountant small-business owners. (Free bookkeeping software can help you save money if you’re just starting out.) Alternatively, in-house or outsourced bookkeepers can update your books for you, typically for a monthly fee. But whether you plan to do bookkeeping yourself or outsource it to an accountant, it pays to understand the basics of bookkeeping.

Main Features

  • Choose your bookkeeping method
  • Set up your general ledger
  • Create your business accounts
  • Record every financial transaction
  • Balance the books
  • Prepare financial reports

What is the target audience?

Whether you take on your small-business bookkeeping yourself or end up outsourcing to an expert, understanding the basics will help you better manage your finances. You’ll save time chasing receipts, protect yourself from costly errors, and gain valuable insights into your business’s potential.

And don’t forget our most important piece of advice: always meet with a CPA, bookkeeper, or other financial expert as you set up your general ledger and chart of accounts. Because sure, you can go it alone—but you’ll experience much less hassle and stress if you work with an expert right from the start.

Indroduction

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Course Material

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Enrolled: 34 students
Duration: 10 hours
Lectures: 4
Video: 9 hours
Level: Advanced

Archive

Working hours

Monday 9:30 am - 6.00 pm
Tuesday 9:30 am - 6.00 pm
Wednesday 9:30 am - 6.00 pm
Thursday 9:30 am - 6.00 pm
Friday 9:30 am - 5.00 pm
Saturday Closed
Sunday Closed