Date: Tuesday, November 17, 2020
Time: 9:00 am - 4:00 pm
Location:
, Directions
Price: $62.50 (COVID19 Discount Automatically Applied)
PRE-REGISTRATION REQUIRED
Keep precise financial records using easily available accounting software (Quickbooks) for small businesses. You will learn how to create accurate financial statements and how to interpret them. We’ll look at the key numbers and ratios that can help you understand your financial results, and how to use these ratios to plan effectively and manage cash flow properly. The presentation also covers the use of financial reports such as balance sheets; profit and loss statements; cash flow statements; and understanding assets, liabilities, and equity. Clients will be able to analyze their business financial performance in order to make sound financial decisions and strategies. This workshop is intended for current business owners and managers or for anyone thinking about opening a business.
TOPICS to be covered:
Understanding Accounting/Bookkeeping Practices for a Small Business
Bookkeeping Basics
- Creating and understanding your Chart of Accounts
- Understanding your Numbers
- Establishing accurate records for Taxes
- Financial Business Model issues
- Understanding Cash Flow; Profit & Loss Statements; Balance Sheet
- QuickBooks & Payroll Systems
Your “Bean Team” & Their Roles
Accounting Softwares
Understanding QuickBooks
- Company data file in QuickBooks
- Clients, Customers & Vendors
- Assets, Liabilities, Equity
- Profit & Loss Account Types
- Income & Expenses
- Cost of Goods Sold
- Other Income & Expenses
Understanding Financial Statements
Key Financial Ratios
Problem solving – Case Studies to provide a greater understanding of the topics discussed
Your Presenter(s)
Presenter: John Lyden
John Lyden is CEO of JSL Bookkeeping and Tax Services, LLC, a Finance & Accounting Professional company with over 18 years of experience. He specializes in Accounting Services for Small Businesses, Tax Return Preparation and Planning for Individuals, Businesses and Non Profits, QuickBooks Consulting, On-site/Off-site Bookkeeping, Financial Statement Preparation, Bank Reconciliations, Payroll services, and Cash Flow Management.
