Accounting 101

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You will explore different aspects of accounting and basic functions associated with lists. There are also some guidelines as to how to set up your financial reporting system using cash or accrual basis. QuickBooks or any other accounting software should let you produce basic financial reports, which you can use to gain an understanding of your company’s finances.

While bookkeeping is a fairly easy word, becoming acquainted with the different accounting terminology will help you understand how the day-to-day transactions relate to financials.