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Business Accounting Training: Build Your Financial Literacy to Grow Your Business Webinar Series – Session 4: Application of Concepts using QuickBooks – Advanced
June 16, 2022 @ 12:00 pm - 1:00 pm
Did you start your small business because you love bookkeeping and accounting? No? You’re not alone!
Most entrepreneurs are passionate about the products and services they provide, and the clients they serve. But how can you get into business, and more importantly, stay in business, if you don’t know how your business is doing financially? It simply makes sense to learn how to gather, organize, store, and review the crucial financial data around your business that will allow you to make solid management decisions.
The Illinois Small Business Development Center (SBDC) at Bradley University is offering a 4-part educational series on financial accounting concepts and their applications in small business, at no cost to registrants. This webinar series is designed to help build a foundation of accounting knowledge and practices the small business owner can use to improve cash flow, improve profitability, and build net worth over time.
The series will consist of instruction in multiple segments:
- Business Accounting 101: Basic Concepts
- Business Accounting 201: Concepts into Action
- Application of Concepts using QuickBooks-Basics
- Application of Concepts using QuickBooks-Advanced
10 participants attending all 4 events will be drawn from a pool to receive 30 minutes of discounted time with our speaker, Grant Seshul, CPA. In addition, Grant can provide online Quickbooks at a discounted price to anyone interested.
Session 4: Application of Concepts using QuickBooks – Advanced
This advanced training in QuickBooks will provide a scalable solution to grow your business. Take it to the next level. Work smarter, faster, and be more productive with less stress.
You will learn:
- Basic reporting options
- Creating reports to answer common questions and help you make good business decisions
- Customizing and managing reports
- Advanced features
Complete Series:
Session 1 | June 7: Business Accounting 101: Basic Concepts
- Establish your company as a distinct legal entity
- Don’t mix business & personal funds
- Open a business checking account/credit card
- Accrual basis vs cash basis
- Matching principle / revenue recognition
- How to save money with deductions for business equipment
- Processes to support best practices and reduce regulatory risk
Session 2 | June 9: Business Accounting 201: Concepts into Action
- Income statement vs balance sheet vs cash flow statement
- Tips to improve cash flow
- Using leverage to scale your business
- What is a tech stack and how to use it
- When to hire a professional
Session 3 | June 16: Application of Concepts using QuickBooks-Basics
- Considerations for setting up Quickbooks
- Chart of accounts
- Products and services
- Adding customers
- Adding vendors
- Sales tax set up
- Customization for your business
ABOUT THE PRESENTER:
Grant Seshul | Owner, APEX US Financial
Grant Seshul is the owner of APEX US Financial which was founded in 2019. The firm provides a variety of consulting services and traditional CPA compliance with a non-traditional approach. We are passionate about partnering with business owners and personnel to be a trusted advisor – bringing a growth mindset, knowledge of best practices, and new ways to approach tough problems.
Grant Seshul has a 25-year career supporting organizational growth and competitiveness. Before starting APEX, Grant was a CFO of an international manufacturing and service company. Prior experience includes working in a variety of leadership roles for Caterpillar, Cat Financial, and KPMG.
PRESENTED IN PARTNERSHIP WITH:
