Free Bookkeeping Explained Tutorial
What's This Course About ?
Bookkeeping Of Course ! Five free Bookkeeping Tutorials explain and illustrate what's involved in "keeping the books". While accounting and bookkeeping software have made the task of recording and summarizing financial information easier and faster, it's still good to know what's actually being done "behind the scenes" by the software. These five tutorials explain and illustrate what's involved in bookkeeping using the "ole fashion" manual bookkeeping system and procedures. These same tasks are now commonly performed using computers and accounting software; but, bookkeepers still need to know how a manual system works in order to properly use accounting and bookkeeping software.
The Bookkeeping Course
Like explaining what makes a car run (the engine), this course is designed to show you what makes bookkeeping "run". The accounting course is made up of an Introduction to Bookkeeping Video along with four videos that explain basic accounting and bookkeeping concepts and the accompanying PDF Versions that you can download and follow along with the bookkeeping videos.You can download the PDF version for each Section or download the Complete PDF Textbook. In addition, you can also download the "Power Point" Slideshows to view with Microsoft Office if you have this software or you can download the free Libre Office to view the Slideshows.
What's Covered ?
Introduction-Quick Summary of Bookkeeping
- Bookkeeping Defined
- Profits & Losses
- Bookkeeping Records
- Transactions
- Accounts
Accounting Basics, Part 1
- Business Types
- Professional Advice
- Accounting and Records
- Accrual Accounting
- Basic Bookkeeping
- Chart Of Accounts
- Double-Entry Bookkeeping
- Debits & Credits
- Journals
- General Ledger
Accounting Basics, Part 2
- Accounting Cycle
- T-Accounts
- Adjustments
- Trial Balances
Accounting Basics, Part 3
- Income Statement
- Balance Sheet
- Financial Analysis
Accounting Terms & Definitions, Part 4
Defines common bookkeeping terms and concepts.
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
- Accounting Cycle
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.