Bean Counter Bookkeeping Tutorials
Dive into the world of bookkeeping and accounting. Eight introductory accounting and bookkeeping courses designed and written by yours truly Dave Marshall the Bean Counter.
So, you want to learn Bookkeeping! Tutorials Series
- Computer Accounting Tutorial
Just like Goldilocks and the Three Bears, we don't want too much information or too little. We want just the right amount. That's what I aim to do ! No,in this course you won't learn how to assemble or repair a computer or how to write computer programs. What you will learn is what's involved in setting up and using a computerized accounting system. We'll use a car as an analogy. You don't need to know what makes a car run; but, you do need to learn how to drive it. The same applies to accounting software. You don't need to know how it works; but, you do need to learn how to use it.
What will I learn ?
Learning Objectives:
After completing this course, you should know or be able to perform the following:
- How the computer has evolved and became a tool in our lives
- What is a computerized accounting and bookkeeping system
- Why computerized Accounting and Bookkeeping is a good choice
- A basic knowledge of computers and computerized accounting software
- The "ingredients" such as menus and forms that make a computerized system work
- Basic skills needed for entering accounting information into a computerized accounting system
- An understanding of accounting and business records and reports
- A working knowledge of The Manager Accounting Software
- So,you want to learn Bookkeeping ! Tutorial
My free So, you want to learn Bookkeeping! Introductory Bookkeeping Course introduces you to beginning bookkeeping. This online bookkeeping course is designed for beginners (newbies) and provides an introduction into the world of accounting. This tutorial can also be used as a quick bookkeeping refresher course for those wanting to brush up on their bookkeeping basics.
What will I learn ?
Learning Objectives:
After completing this course, you should know or be able to perform the following:
Understand what accounting and bookkeeping is, why it’s important, and the key terms needed to discuss and properly use financial information.
Understand what makes bookkeeping “work”:
- Accounts/Chart Of Accounts
- Accounting Equation(s)
- Double Entry Accounting System
- Debits and Credits
- Rules
- Formal Records and Documents
How to analyze and record transactions using the formal financial records such as Journals and the General Ledger.
What Financial Statements are and how they are prepared and used.
- Financial Statement Analysis Tutorial
The objective of this tutorial is not to teach you how to prepare financial statements and analyses; but, tell you what they look like, what they tell you, and how to use the information presented in the statements and analyses for managing your business. if you know how great; but, if not your bookkeeper or accountant should prepare them for you.
Preparing Financial Statements and information is only half the battle. You need to use them ! This tutorial will show you how.
What will I learn ?
Learning Objectives:
After completing this course, you should know the following:
- General understanding of the types of business organizations, activities, bookkeeping systems, rules of the game, and who uses financial information.
- Definitions of at least the major accounting and bookkeeping terms.
- What the accounting equation represents.
- What financial statements are and how to read, understand, and use the financial information provided by these statements:
Balance Sheets
Income Statement
Capital Statement
Cash Flow Statement
- What horizontal, vertical, and common size analysis of financial statements are, what they tell us, and how they're used to analyze financial statements.
- What ratios are, what they tell us, and how they're used to analyze financial statements.
- What aging reports, cash forecasts, and budgets are, what they tell us, and how they're used
- Chart Of Accounts Tutorial
The chart of accounts tutorial and course defines, explains, and discusses what the chart of accounts is, how it's organized by major account types, balance sheet and income statement accounts, and its purpose. In addition, codes are introduced and defined.
What will I learn ?
Learning Objectives:
After completing this course, you should know or be able to perform the following:
- What the chart of accounts is.
- A chart of accounts can range from very simple to very complex.
- What codes are and how they're used to assign information and build a Chart Of Accounts.
- What to consider and think about when setting up a chart of accounts.
- How the chart of accounts is closely related to the Balance Sheet and Income Statement.
- Where to find samples and additional help.
- If nothing else, the importance of setting up a good chart of accounts for your business !!!!!
- Special Journals Tutorial
The special journals tutorial and course introduces and explains what records are required to properly record and classify business transactions. Records discussed and explained include the General Ledger, Control Accounts, Special Journals, and Subsidiary Ledgers.
What will I learn ?
Learning Objectives:
After completing this course, you should know or be able to perform the following:
- What Special Journal to use to record transactions.
- How to analyze and record transactions using the formal financial records such as Special Journals, General Ledger and Control Accounts, and Subsidiary Ledgers.
- Understand Adjusting and Closing Entries and how to prepare the formal adjusting and closing entries.
- How to prepare the formal Financial Statements using Trial Balance Worksheets.
- Cash Tutorial
The cash tutorial and course discusses and reviews the different journals, records, documents, and forms used to record and keep up with the cash coming in and going out of a business. Sample journals, records, and forms are illustrated and discussed to show you what journals, records, and forms to use and how to use them. Additional topics include bank reconciliations, cash controls, and cash forecast projections and budgets.
What will I learn ?
Learning Objectives:
After completing this course, you should know or be able to perform the following:
- How not only profits but also cash flow are critical elements to the success of a business.
- Some ways to consider and implement to improve your cash flow.
- The importance of maintaining good cash records and what the records are.
- What a petty cash fund is and how to use one.
- How by establishing some common sense rules and procedures you can help safeguard your business's Cash.
- The importance of preparing a monthly bank reconciliation and how to prepare one.
- Why a Cash Forecast is an excellent tool for a business to use and how to prepare one.
- Inventory Tutorial
The inventory tutorial and course provides an overview of inventories and their importance, and the special journals and records used to record and control this key asset. In addition inventory methods, perpetual and periodic, and costing methods and procedures are discussed and illustrated.
What will I learn ?
Learning Objectives
After completing this course, you should know the following:
After completing this course, you should know the following:
- The methods of accounting for inventories are the Periodic and Perpetual methods-what they are and how they're used.
- Inventory amounts are normally stated at cost.
- Various methods such as FIFO, LIFO, Average Cost, and Specific Identification are used to assign costs to the inventory quantities-what they are and how they're used.
- Aware that circumstances at times may require you to estimate inventories using a method such as the Gross Profit Method or Retail Inventory Method.
- At times market conditions may require you to value your inventory at less than cost using a rule called the Lower Of Cost Or Market Rule.
- Some costing methods may require IRS approval.
- The types of records needed to properly record and control inventory quantities and amounts and how to use them.
- Payroll Tutorial
The payroll tutorial and course provides an introduction and overview of payroll and the laws, rules, regulations, forms, records, and calculations that small business owners and/or their employees responsible for payroll need to be familiar with.
What will I learn ?
Learning Objectives
After completing this course, you should know or be at least familiar with the following:
- Various forms needed for managing your payroll and complying with government laws.
- How to classify your employees.
- The various methods you can use to calculate your employee's earnings.
- Why fringe benefits (perks) help with the hiring of excellent employees.
- The types of required Payroll Taxes and how they are calculated.
- The records needed for managing your payroll system.
- Familiarity with the federal and state laws, rules, and regulations that you as a business owner or manager need to be aware of.
No, you wont be a payroll expert; but, at least you should have a working knowledge of what's required of a Payroll System.