Bookkeeping is important for helping you maintain accurate financial records. Yet still, many businesses fail to implement this integral process. Besides the fact you are required under law to maintain accurate books and records, doing so will save you frustration later on.
Bookkeeping knowledge helps you to budget your daily life and business efficiently, extremely helpful for your annual tax return preparation, developing your organizing, analyzing and decision making skills.
- understand and explain the relationship between the accounting equation and double-entry bookkeeping
- record transactions in the appropriate ledger accounts using the double-entry bookkeeping system
- balance off ledger accounts at the end of an accounting period
- prepare a trial balance, balance sheet and a profit and loss account.
This workshop is exclusively for Self-Employment Training (SET) for Young Entrepreneur program clients.
Feel free to contact us if you have any question.