Basic Bookkeeping

Administrative Skills


Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, prices, and of course, money! 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, or even a phobia. For those of you who have already recognized and appreciate the impact that numbers actually have on just about everything, you deserve a cookie. Welcome to Basic Bookkeeping!

Basic Bookkeeping Course Outline:

Module One: Getting Started
The Parking Lot
Workshop Objectives

Module Two: Basic Terminology (I)
Balance Sheet
Income Statement
Cost of Goods Sold
Accounting Period

Module Three: Basic Terminology (II)
Accounts Receivable
Accounts Payable
General Ledger
Trial Balance

Module Four: Accounting Methods
Cash Method
Accrual Method
Differences between Cash and Accrual
Module Four: Review Questions

Module Five: Keeping Track of Your Business
Accounts Payable
Accounts Receivable
The Journal
The General Ledger
Cash Management
Module Five: Review Questions

Module Six: Understanding the Balance Sheet
The Accounting Equation
Double-Entry Accounting
Types of Assets
Types of Liabilities
Module Six: Review Questions

Module Seven: Other Financial Statements
Income Statement
Cash Flow Statement
Capital Statement
Budget vs. Actual
Module Seven: Review Questions

Module Eight: Payroll Accounting / Terminology
Gross Wages
Net Wages
Employee Tax Withholding"s
Employer Tax Expenses
Salary Deferrals
Employee Payroll
Employee Benefits
Tracking Accrued Leave
Government Payroll Returns/Reports

Module Nine: End of Period Procedures
Depreciating Your Assets
Reconciling Cash
Reconciling Investments
Working with the Trial Balance
Bad Debt
Posting Adjustments and Corrections
Module Nine: Review Questions

Module Ten: Financial Planning, Budgeting and Control
Reasons for Budgeting
Creating a Budget
Comparing Budget to Actual Expenses
Module Ten: Review Questions

Module Eleven: Auditing
What is an Audit?
When and Why Would You Audit?
Module Eleven: Review Questions

Module Twelve: Wrapping Up
Words from the Wise
Parking Lot
Action Plans and Evaluations

  • Basic Bookkeeping
  • Pre-Assignment
  • Basic Bookkeeping
  • Recommended Reading List
Completion rules
  • All units must be completed
  • Leads to a certification with a duration: Forever