BOOKKEEPING FOR REAL

This class is suitable for new or experienced business owners who want to increase the efficiency of their bookkeeping process. The workshop will be very interactive, with a range of activities to reinforce learning regardless of which accounting software you use. Workbook and visual aides will be provided.

During the workshop participants will:
1. Learn how bad bookkeeping habits will hurt you
2. Gain an understanding your chart of accounts including account types, account numbers, when to use them and what they do.
3. Increase awareness and understanding of Financial Statements, such as the balance sheet and income statement and how to use these documents for the effective operation of their business. 
4. Examine the importance of journal entries such as debit and credits, and double entry system and how to enter these into your accounting software. 
5. Explore accounting methods and their differences for cash and accrual basis.
6. Review the importance of bank reconciliations.