In this course we will be tackling all the concepts that you will need to learn to be able to perform all the basic bookkeeping tasks and cycle for a small business. If you’re someone who is completely new to this, congratulations on making your first step towards your career development, I can assure you that once you are done with this course, you will be transformed into a knowledgeable bookkeeper. If you’re someone who’s taking the course and already know these things, I hope that this will at least give you a refresher because we will be tackling bookkeeping cycle from start to end.

We will discuss the different concepts of bookkeeping:

• What is Bookkeeping? We will explore the definition and how bookkeeping works

• Bookkeeper vs Accountant. What the differences are between them.

• Roles and Responsibilities. What is your role as a bookkeeper and the responsibilities that comes with being a bookkeeper.

• Types of Business Structures. Know the different business types out there

• Accounting periods. We’ll talk about calendar year, fiscal year, and the interim period.

• The Double-Entry Accounting System and the Accounting Equation

• Account Types and the Chart of Accounts

• Accounting Methods. We’ll talk about two accounting methods, the accrual basis and the cash basis accounting.

• General Ledger

• Subsidiary Ledgers

• Accounting Journals

• Trial Balance

• The financial statements

• The Accounting Cycle

• File maintenance. How to properly store and document files.

• And then on the last section you will be provided with a basic example of bookkeeping checklist. Daily, weekly, monthly, quarterly and yearly procedures.