Like many practitioners, you may not have much background in finance or accounting. However, as a business owner, you have to stay on top of where your money is coming from and where it is going. Your accounting system is the place to do that. It is like the pulse of your business.
Many business owners think of their accounting system much like a checkbook— if there is money in the bank, they must be doing well. But there is so much more to running a healthy business.
In this course, we’ll look at why it is important to keep, understand and use your accounting system to help you manage and grow your business with the least possible effort.
The perfect accounting system is one that takes its input from your normal day-to-day processes and then presents you with actionable information so that you know how the business is doing and what you can do to improve your bottom line.