Grow Now: Managing Your Financials with QuickBooks Houston

Session One

What is Financial Management to Your Business?

In this session, we will discuss how managing financial management helps your business succeed. Participants will walk away from this session with a keen understanding of the financial cycle and its application to their company.

Session Two: We will help you set up your company in QuickBooks Online. We will customize the Chart of Accounts to meet the company's needs and align with GAAP. We will demonstrate how to create and track Accounts Receivables and Accounts Payables in QBO. Participants will walk away knowing how to set up bank feeds, create new accounts, invoices, and expenses, write checks, and categorize accounts in bank feeds.

Session Three: This session will discuss the importance of reconciling balance sheet accounts monthly and how to resolve any duplications or missing transactions. You will walk away with the knowledge of reconciling statements in QBO and correct any missing or duplicated transactions.

Session Four: This module will help us understand how to create the company Profit & Loss (Income Statement), Balance Sheet, and Statement of Cash Flow Report for any given period on an Accrual or Cash Basis. You will walk away with knowledge of the financial position of your company based on the reports.

This event is made possible by the U.S. Small Business Administration.

Host or Publisher LiftFund