All small business owners absolutely need to know the basics of general bookkeeping, even if you prefer to outsource! In this session, Louise will show you that accounting & understanding your business isn’t as hard as you think.
Every business owner, needs to know the basics of general bookkeeping. Even if you have a bookkeeper, you still should understand the basics. Louise from Sovereign Accounts will help you to understand the bookkeeping requirements to ensure you are compliant for each financial year.
This introduction to bookkeeping will give business owners the skills to understand the importance of how to track your business bookkeeping using a Cloud based software as an example showing you that accounting and understanding your business isn’t as hard as you think. These skills are transferable across different bookkeeping platforms.
THREE KEY LEARNING OUTCOMES
- The importance of having a system in place
- Reconciling your accounts, invoicing and debt collection, and a simple guide to payroll.
- General ATO requirements and what paperwork you need to keep
ABOUT YOUR PRESENTER; LOUISE INGOE
Louise is a Chartered Accountant working with Sovereign Accounts. She has over 15 years’ of experience working with a variety of SME clientele on various accounting platforms including; Xero, MYOB and Quickbooks. Her aim is to assist clients reach their full potential by doing what she does best, so they can do what they do best.
Louise has a Bachelor of Accounting and Bachelor of Accounting (Honours)(First Class Honours), as well as being a Registered Tax Agent.
ABOUT YOUR HOST; TONY BRINDLEY
Tony is a qualified accountant who has worked at the Australian Tax Office as a GST and New Business Advisor. He has been helping small businesses and has extensive experience with businesses specialising in: horticulture, creative publishing, retailing, and e-commerce over many years.
Tony knows the highs and lows of running a small business as well as the impact it can have on family members. He is keen to help you pull everything together and work out effective ways of organising and running your business. This includes help with: start-ups and business plans, cash flows, budgeting, costings, business exit plans, e-commerce, multi channel selling, inventory management, impacts of margins and discounts, bookkeeping and accounting.
In addition to his small business experience, Tony holds a Bachelor of Financial Administration and is a Certified Practising Accountant.
WHAT YOU WILL NEED
- You must be registered with the Business Connect program.
- You should be logged in and registered for the Webinar MS Teams meeting at least 5 minutes prior.
- Have a pen & paper ready to write down your questions, as well as a bottle of water.
- Online video recordings and resources will be available for those who attend and who are Business Connect customers.
ABOUT THIS EVENT
This webinar is aimed at small businesses throughout NSW who have just started or have an established business and we have the capacity to host up to 500 people.
The webinar will take place on MS Teams. You will receive the MS Teams link in an email prior to the workshop (check your spam folder as they often go there). This will be a live online event which will be recorded. The recording and resources will be sent to attendees following the event.
Business Connect is a dedicated and personalised NSW Government program that provides trusted advice to help you start, run, adapt or grow your small business.