Event Category: Entertainment
- Profile
Welcome to Basic Bookkeeping! Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. Numbers connect us all to each other in many more ways than we might imagine. Essentially, our world revolves around numbers. Some of us enjoy dealing with numbers while others may have a fear of them, maybe even a phobia. For those of you who have already recognized and appreciate the impact that numbers have on just about everything, you deserve a high five! This webinar series will be presented by VI SBDC Business Consultant Carmen Acevedo Adams, who will provide you with basic bookkeeping knowledge so you can: Understand basic accounting terminology; Identify the differences between the cash and accrual accounting methods; Keep track of your business by becoming familiar with accounts payable and receivables; Use a journal and general ledger to document business financials; Utilize the balance sheet; Identify different types of financial statements; Understand the payroll process and employer responsibilities; Uncover the reasons for and actually create a budget, and become familiar with internal and external auditing. This session will cover “Understand basic accounting terminology.”
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