Accounting 101: What Every Bookkeeper Needs to Know

Having solid bookkeeping chops means more than knowing what buttons to push in QuickBooks Online.

QBO does the double-entry accounting for you behind the scenes, but understanding what it’s doing with debits and credits every time you create a transaction is crucial to your long-term success.

Daily bookkeeping may no longer be writing individual ledger accounts in a manual bookkeeping system, but the results are still the same.

Kathy Grosskurth is a debit to the industry. In this 3-hour class, not only will she walk you through practical accounting exercises, but you’ll gain the fundamental knowledge you need from beginning to end, literally.

Topics include demonstrating the pros and cons of the three general business entity types, and understanding the importance of the chart of accounts in our accounting records so that you’re categorizing transactions into the right buckets.

We’ll also talk about the year-long accounting cycle and creating financial statements.

If you’re new to bookkeeping, self-taught, or dove right into QuickBooks without any accounting or business training, this class will fill in the gaps and build your foundation.