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Bookkeeping 101 For Business Professionals | Increase Your Accounting Skills And Create More Financial Stability And Wealth
Bookkeeping 101 For Business Professionals | Increase Your Accounting Skills And Create More Financial Stability And Wealth
Bookkeeping 101 For Business Professionals | Increase Your Accounting Skills And Create More Financial Stability And Wealth
Ebook61 pages17 minutes

Bookkeeping 101 For Business Professionals | Increase Your Accounting Skills And Create More Financial Stability And Wealth

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Bookkeeping 101 For Business Professionals - Increase your accounting skills and create more financial stability and wealth will give you more than just the bookkeeping basics. Accounting is made simple with this easy guide that will quickly help teach you about the most important fundamental bookkeeping basics for entrepreneurs. This basic bookkeeping for small business owners and professionals guide book includes accounting topics such as setting up a chart of accounts, how to handle the accounts payable and accounts receivable accounts, how to perform a bank reconciliation and how to prepare your two main financial statements, the profit & loss statement and balance sheet. Get a fast start in your financial knowledge to help you get the job you want or to insure the success of your own business as a business owner.

LanguageEnglish
Release dateSep 27, 2018
ISBN9780463737248
Bookkeeping 101 For Business Professionals | Increase Your Accounting Skills And Create More Financial Stability And Wealth
Author

Stephanie Horne

Stephanie Horne, EA was born and raised in Northern California. She started her own at home bookkeeping and income tax preparation business in 2001, a money saving website in 2008, and became an Enrolled Agent in 2014. Her passion is in sharing her wealth of experience and knowledge with others to help ease their own journey.

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    Book preview

    Bookkeeping 101 For Business Professionals | Increase Your Accounting Skills And Create More Financial Stability And Wealth - Stephanie Horne

    BOOKKEEPING 101

    FOR BUSINESS PROFESSIONALS:

    Increase Your Accounting Skills

    And Create More Financial Stability And Wealth

    Table of Contents

    About The Author

    Bookkeeping 101

    Chart of Accounts Introduction

    Accounts Payable Introduction

    Accounts Receivable Introduction

    Bank Reconciliation Introduction

    Profit and Loss Statement Introductions

    Balance Sheet Introduction

    Chart of Accounts

    Assets

    Liabilities

    Capital

    Income or Revenue

    Cost of Goods Sold (COGS)

    Expenses

    Other Income

    Other Expenses

    Accounts Payable

    Entering Open Vendor Account Balance

    Enter From Start Date To Today’s Date

    A/P Register

    Different Ways To Pay Bills

    A/P Video Tutorial

    Accounts Receivable

    Entering An Open Balance For A Customer

    Enter From Start Date To Today’s Date

    A/R Ledger

    Bank Reconciliation

    Beginning Balance

    Entering Initial Information

    Reconciling Items

    Other Discrepancies

    Balancing

    Profit and Loss Statement

    Two Main Financial Statements

    Sample P/L Report

    Reviewing An Income Statement

    Balance Sheet

    B/S Account Types

    Sample B/S Report

    Additional Resources

    About The Author

    Stephanie has a passion for helping people to improve their lives both personally and financially by learning new financial and personal self-help tools.

    Her personal journey has led to compiling this book that reveals many simple financial techniques that anyone can apply immediately for a powerful, positive money and business success transformation.

    By the end of this book, you’ll know how the need for personal self-improvement and knowledge determines the actions we should take moving forward

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