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Basic Bookkeeping Training Course
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Bookkeeping is the process of recording financial transactions such as purchases, sales, receipts and payments. Bookkeeping is not the same as accounting but is one of the functions in the accounting process. The bookkeeper records financial transactions and sends it to the accountant who uses the information to create reports and file forms with government agencies. A bookkeeper is responsible for the books at the trial balance stage which is used by the accountant to prepare income statements and balance sheets. Single-entry bookkeeping and double-entry bookkeeping are common methods of bookkeeping.
In TBAE’s Basic Bookkeeping course, participants will be introduced to accounting methods such as the Cash Method and Accrual Method. They will get to know financial statements such as the Income Statement, Cash Flow Statement and Capital Statement. Other subjects covered in the course include Basic Terminology, Keeping Track of Your Business, Understanding the Balance Sheet, Other Financial Statements, Payroll Accounting Terminology, End of Period Procedures, Auditing, Financial Planning, Budgeting and Control.
Basic Bookkeeping Online Course for Individuals