Current Conditions

Thursday 09-Apr-2020 9:00 AM - 3:00 PM


Community Futures
102- 3115 Skaha Lake Road, Penticton Phone Number: (250) 493-2566

Event Description

Set up and understand your financials from the getgo. Research shows that 65 percent of the entrepreneurs who cite a business issue (versus a personal issue) as a reason for failure blame financial mismanagement for their collapse. We want to help you avoid this. You will learn: -The bookkeeping process -Common bookkeeping terms and definitions -Basic bookkeeping rules and principles -How to set up your Chart of Accounts -How to record transactions -How to prepare a Bank Reconciliation -What reports to look at to monitor the financial wellbeing of your business -Basic financial ratios to help you make decisions

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