Bookkeeping is the process of recording and organizing financial transactions for a business or individual. It involves tracking income, expenses, purchases, and sales to maintain accurate financial records. Bookkeeping is essential for ensuring the financial health of an organization and for preparing financial statements and tax filings.
In this course, you will learn how to accurately record and classify financial transactions, including sales, purchases, receipts, and payments. The course covers the use of accounting software and manual systems for maintaining financial records. You will also learn how to prepare key financial reports like balance sheets, income statements, and cash flow statements. Additionally, the course emphasizes understanding the accounting cycle, reconciling bank statements, and ensuring compliance with tax regulations. By the end of the course, you’ll have the skills to manage the financial records of a business and ensure accurate, up-to-date information.
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