Professional Bookkeeper™ (PB)

Module 1 of the Professional Bookkeeper™ program, Accounting Made Easy, teaches you the fundamentals of Bookkeeping in a practical, hands-on methodology. You will learn by doing, the best way for the skills that you gain to stick. If you have ever read a book on a subject and found that you couldn’t retain the knowledge when you needed it later, you already know the value of learning by doing, involving more of your brain in the learning process. As you complete the practice sets in the Professional Bookkeeping course, you become familiar with the processes involved in day-to-day PB Accounting and Bookkeeping tasks. They become second nature to you, enabling you to focus on higher level things.

Module 2 teaches you how to apply those principles to specific industries. You will learn to set up books from scratch, setting up all of the ledgers and journals needed to do full service Bookkeeping Accounting for your paying clients. Your clients will learn that you are the only financial analyst that they will ever need because you can do it all!

The purpose of the 3rd module is to help you set up a complete bookkeeping system, and manage clients from a variety of more sophisticated industries for your new accounting and bookkeeping business.

This 4th module is designed to assist you in successfully creating your own professional in-home, or office-based bookkeeping and accounting service. It gives you the turnkey process to start and build a successful accounting business so you can be in business for yourself but not by yourself.

Learn the most common industries along with their specific nuances associated with them in accounting with the following exercises:

• Artistic Furniture – Essentials of Small Business Accounting – Learn the function of the journal including Purchase, Cash Disbursements, Sales, Cash Receipts, Payroll, General Journal and Standard Entries Journals.
• Barry’s Gas and Groceries – Practical Applications in the Retail Industry – Complete a full month of the bookkeeping cycle including making journal entries, posting to the general ledger and creating financial statements.
• Stewart’s Bakery – Practical Applications in the Food Service Industry – Not only do you learn some of the inventory strategies for a restaurant but also learn about subsidiary ledgers and how to use them.
• City Clothing Center – Practical Applications in the Apparel Industry –  Complete a full month of the bookkeeping cycle including making journal entries, posting to the general ledger, creating financial statements and complete the subsidiary ledgers.
• City Cycle Company – Accounting for an Inventory Financed Business – Learn the advanced inventory finance industry by completing the books for a motorcycle dealership with specialties such as flooring & contracts in transit.
• Sonja’s Art and Frame – Cash to Accrual Conversions – Understand the difference between Cash and Accrual Accounting and even learn how to have the ease of Cash Accounting and yet convert to understand the accuracy of Accrual Accounting.
• CR Construction – Construction Accounting – Know the difference of Jobs in Progress, Progress Billings and work with housing inventory.
• New Moreland Church – Accounting for Non-Profit Organizations – What are the most important things to track for organizations that are not in business to make a profit.
• Alfredo’s Deli – Practical Applications in the Fast Food Service Industry – Solidify your skills with competing a delicatessen from a-z.
• Carl’s Chiropractic Clinic –  Practical Applications in the Medical Industry
• Abernathy’s Photography Studio –  Practical Applications in the Service Industry

• Auditing Books for Accuracy – Make sure that you check your books each year
• Setting Up Books From Scratch – How do you start with a company if they have never had a set of books or when you take over from a previous bookkeeper.
• The 13th Month – Learn how to create and enter the transactions for the end of the year and close out the General Ledger for the end-of-year.
• Accounting for a Manufacturer – Easily understand and calculate the complex inventory movement of Raw Materials Inventory, Labor Inventory, Work in Process Inventory and Finished Goods Inventory.