Accounting Basics & QuickBooks for small Business – Sinhala Medium

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About This Course

This professional course is designed for small business owners, aspiring entrepreneurs, and individuals seeking to master the fundamentals of accounting while learning to use QuickBooks software efficiently. Delivered in Sinhala, this course breaks down complex financial concepts into simple, practical lessons tailored for the local business context.

Participants will learn how to maintain accurate financial records, prepare and analyze essential financial statements, and manage their cash flow effectively. Additionally, the course introduces the powerful features of QuickBooks, enabling students to automate accounting tasks, track income and expenses, and generate insightful reports for better decision-making.

By the end of this course, learners will have a solid foundation in accounting principles and the confidence to manage their business finances professionally using QuickBooks.

This course equips learners with the practical skills to streamline their financial processes and achieve business success.

Learning Objectives

Understand accounting fundamentals and their importance in business.
Gain the ability to prepare and interpret financial statements.
Learn best practices for bookkeeping and cash flow management.
Master the use of QuickBooks for small business accounting tasks.

Target Audience

  • Small business owners seeking to improve financial management.
  • Entrepreneurs looking to gain essential accounting knowledge.
  • Sinhala-speaking individuals interested in mastering QuickBooks.
  • Anyone managing personal or small-scale business accounts.

Curriculum

15 Lessons4h 30m

Get Started with Basics of Business accounting

In this lecture we are discussing about what is accounting, Why accounting is important for small businesses, Key Financial statements, Compenents of financial statement, And Summery
Introduction00:04:53Preview
Basics of Business Fundamentals00:11:53

Basic Accounting Principles

In this lecture, we are discussing about Accounting Equations, Debits & Credits, The double-entry system, Debits & Cash, Accrual vs cash accounting, Key accounting principles, the Importance of following accounting principles

Essential Financial Terminology

Why Learn Financial Terminology, Revenue, Expenses, Profit & Loss, Assets Liabilities and equity, Accounts receivable and accounts payable, Cash flow, Gross & Net terms, Break even point, Summery

Setting up your business Finances

Budgeting & Forcasting

Why budgeting & forecasting are important, What a budget is, Steps to create a budget, What forecasting is, Types of forecasting, Tools for budgeting & forecasting, Common budgeting mistakes.

Tax

Why tax matters, Types of tax for business, Understanding Income tax, Sales Tax Basics, Payroll taxes, Self employment tax, Filling billing taxes, Recordkeeping for taxes, Common tax deductions, Tax mistakes to avoid, & Summary

Overview of Quickbooks accounting software

Includes What is quickbooks, Why use quickbooks, Key features of QuickBooks, Types of QuickBooks versions, Setting up QuickBooks for your business + more

Getting Started with Quickbooks

Choosing the right version of Quickbooks, Setting up your account, Configuring Settings, Connecting Bank Accounts, Adding initial data, Basic Navigation, Creating invoices, Tracking expenses, Generating reports

Managing transactions in Quickbooks

Types of transactions in Quickbooks, Recording income transactions, Tracking expenses, reconciling accounts, Categorizing transactions, handling recurring transactions, Tips for managing transactions

Overview of Wave Accounting

What is wave accounting, Why choose wave accounting, Wave accounting vs Quickbooks, Setup Wave accounting, Summary

Managing Transactions in Wave

How to record transactions, Create and send invoices, Payment Tracking, Keeping records of receipts, Common issues & troubleshooting, & Summary

Reporting & Integrations in Wave Accounting

Key financial reports in Wave, Steps to generate a report, Customizing report, Expanding waves capabilities, Why reports & Integrations matter & Summary

Avoiding common Accounting Mistakes

Why avoid accounting mistakes, Common accounting mistakes, mixing personal & business finances, not tracking all expenses, ignoring bank reconcilitions

Scaling your business with better finances

The role of Financial insights in scaling, Key financial metrics for growth, using QuickBooks for financial forecasting, Financial reports in Quickbooks, strategies for sustainable scaling, Common challenges in scaling, leveraging data for decision making

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Your Instructors

Ranaja Uthsara

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රු3,800.00රු5,000.00

24% off
Level
All Levels
Duration 4.5 hours
Lectures
15 lectures
Language
Sinhala

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