QuickBooks for Salons (Class)

Raise your financial IQ and learn how to manage your salon finances more effectively with QuickBooks. This software can be used as a bookkeeping, accounting, tax preparation, and client management system for your salon. You will review the important functional areas in QuickBooks and go through four hands-on modules using your actual company data. You will learn: · How to graduate from the shoebox of receipts and hand-written tracking systems (ex: documenting transactions in your appointment book) · How to get access to critical financial reports/ data at the click of a button · How double-entry booking provides a 360° perspective of your business and why you should adopt this method of accounting. · Cash vs. accrual accounting systems · How to enter and track your income streams (services, retail sales, tips, gift certificates, etc) · How to track and manage expenses · How to track and manage assets and liabilities · The significance of financial statements and how to read the Profit & Loss Statement, Balance Sheet, and Cashflow Statement · How to reconcile your bank accounts · How to organize and archive key financial documents Teacher: Certified QuickBooks Pro Instructor Robert Andoh $169 (lunch will be included in your registration fee)