Bookkeeping Basics for Business Owners

Are you ready to take control of your business finances and make informed decisions with confidence?

Join our 4-Part (In Person) Series: Bookkeeping Basics for Business Owners, designed to provide a comprehensive and practical guide to managing your books like a pro. Perfect for business owners, entrepreneurs, or anyone looking to enhance their financial knowledge!

Week One: Oct 16

• Understanding the bookkeeping process
• Setting up a bookkeeping system
• Creating a chart of accounts
• Cash method vs accrual method

Week Two: Oct 23

• Breaking down revenue vs expense
• Assets, liabilities, and equity
• Debits vs credits
• Recording transactions and payroll

Week Three: Oct 30

• Preferred methods of accounting
• Logging accounts receivables
• Logging accounts payables
• Depreciation and amortization

Week Four: Nov 6

• Paying employees vs paying owners
• Journal entries
• Closing the books
• Understanding financial statements

For more information, please email ietraining@ociesbdc.org