Bookkeeping 101

Here you will find help and information on everything from setting up a chart of accounts to preparing financial reports.

You can get started learning right away by clicking on any one of the links below...

Accounts Receivable

Accounts receivable is the term that bookkeepers and accountants use to refer to the outstanding money that is owed to you for sales that you have already made that haven't been paid for yet.

Answers To Tough Interviewing Questions

Here is a valuable tool for business owners looking to hire a new employee as well as for anyone who is in need of employment themselves.

For business owners, you can get some great ideas on insightful questions to ask your prospective employee's.

For anyone in search of a job, this a great place to go when preparing for an interview as it can help give you an idea of what employers are looking for and/or what they want to hear.

The balance sheet is a report that gives you a summary of the financial situation of a business on any given date. It will show you the value of your company's assets, liabilities, and equity. Click on the balance sheet link to learn more about this important financial tool.

Chart of Accounts

The chart of accounts is the foundation of your bookkeeping system, so it is very important to have a good understanding of how it works. This is a great place to get started on your learning adventure.

Profit and Loss Statement

If you are like most new business owners just starting their business, you don't know how to read financial statements. And that can be detrimental to your success. But your business is going to be a success! Why?...

Because you are already here ready, able and willing to learn how to read and use the profit & loss statement (otherwise known as an income statement).

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