TLP invites you to this no cost Lunch and Learn facilitated by Harris, Harvey, Neal & Co., LLP CPAs, Stephen Gay and Michael Mayhew, on Thursday, October 23rd, from 12-1pm at The Launch Place. Records, Reports and Receivables: The 3 R's for Small Business Accounting is your how-to guide for:
- Recording Transactions: Learn about recording sales and revenue, tracking expenses; categorizing and recording different types of expenses; reconciling accounts and the bank reconciliation process, matching books to bank statements.
- Managing Accounts Receivable and Payable- Understand accounts receivable, recording invoices and tracking payments; managing overdue accounts; accounts payable, recording bills and scheduling payments; maintaining good vendor relationships.
- Generating Financial Reports- How to create reports that give insight into the health of your business with balance sheets; overview of a company's financial position; income statements (profit & loss statement); showing revenue and expenses over time; cash flow statements, tracking cash inflows and outflows.
Records, Reports and Receivables: The 3 R's for Small Business Accounting is part of a series of workshops featuring legal and accounting counseling from licensed professionals. This opportunity is made possible by the Virginia Small Business Financing Authority (VSBFA) through the SSBCI Technical Assistance grant focusing on businesses owned by Socially and Economically Disadvantaged Individuals (SEDI).* Register by October 22nd, and we'll see you for lunch on October 23rd!
*This project is being supported, in whole or in part, by federal award number, SSBCI-21031-0028, awarded to The Launch Place by the U.S. Department of the Treasury.
