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Intro to Small Business Bookkeeping
Introduction
Learning Objectives
Bookkeeping Overview
Bookkeeping vs Accounting vs Finance
Rules & Regulations
The Importance of Good Bookkeeping
How Bookkeeping Can Help You
How is Financial Data Used?
Terminology and Definitions
Fiscal Year
Accounting System
Chart of Accounts I
Chart of Accounts II
Financial Statements
Cash Basis vs Accrual Basis
Double-Entry Bookkeeping
Debits and Credits
Bank Reconciliation
Internal Controls
Recording Transactions
Overview
Common Transactions
Common Pitfalls in Recording Transactions
Tools that Can Help You
Who's Doing the Books?
Wrap-Up (and final tips)
Things to Avoid
Things to Do
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Bookkeeping vs Accounting vs Finance
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