“First, he will explain the main concepts and the terminology of bookkeeping for a small business: what a balance sheet contains, the difference between cash and accrual basis, income statement (also called profit-loss), cash flow, and how these different aspects of recording and controlling your money interact.

In the second part, we will set up the chart of accounts for a fictitious small business in front of your very eyes: which information you need to get started, how to pay bills, how to enter accounts payable and receivable, and how to know whether you are making money or just moving monies around. ”

This is a HANDS-ON session, limited to 12 attendees.

August 8, 2009 • 8:30am – 12:30pm
3535 Industrial Avenue, (upstairs) in Santa Rosa

Information and registration