Basic Business Bookkeeping

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Basic Business Bookkeeping


updated on icon Updated on Sep, 2023

language icon Language - English

person icon Bizfacility

architecture icon Accounting & Bookkeeping,Finance & Accounting,Bookkeeping


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Course Description

The BASIC BUSINESS BOOKKEEPING Online Course is designed for entrepreneurs, financial and bookkeeping staff who wish to gain a basic understanding of how the “books of account” are designed and integrate into business, leading ultimately into the Financial Statements.

Effective and efficient accounting and bookkeeping is the backbone of every business. Whether you are a bookkeeper, financial clerk or business manager, in the financial department of a business, or a business manager experiencing a growing exposure to the company’s financial statements, a solid understanding of basic business accounting will assist you in broadening your financial skill set.

This course outlines and builds on the accounting terms and principles taught at school, and builds on this, adding business application tools and tips. Reimagine your career when you are well-versed in accounting terms and principles, able to apply the accounting equation to business, and comfortable with analysing the company’s financial statements.

Reimagine your professional success if you could understand financial statements and extract the financial information you need to add to your department or business unit’s financial success.

By the end of the course learners will be able to understand basic business accounting statements and extract valuable financial information.


  • Basic Bookkeeping and Accounting Terminology
  • Double Entry System / Principle
  • Source Documents
  • Accounting Cycle
  • Understanding the Accounting equation
  • Chart of Accounts
  • Trial Balance
  • Balance Sheet
  • Income Statement
  • Accruals and Provisions
  • Journals
  • Basic Ratio Analysis
  • Reconciliations
  • Depreciation and Amortization
  • Fixed Assets and Fixed Asset Register
  • Interest Calculation and Compound Interest
  • Month End / Year End Process
  • Annual Financial Statements – an overview


What will you learn in this course:

  • Basic Bookkeeping and Accounting Terminology
  • Why you need Bookkeeping?
  • Accounting Cycle
  • Source Documents, Books of First Entry
  • Chart Of Accounts
  • Audit Trails
  • Trial Balance
  • Reconciliations
  • Month/Year End Close of Process
  • Annual Financial Statements (AFS)


What are the prerequisites for this course?

  • There are no course requirements other than the desire to learn.
Basic Business Bookkeeping


Check out the detailed breakdown of what’s inside the course

Basic Business Bookkeeping - Introduction
1 Lectures
  • play icon Basic Business Bookkeeping Introduction 20:23 20:23
Basic Business Bookkeeping Course
4 Lectures

Instructor Details



Financial Training Since 2010

Being from Bizfacility Financial training for over 10 years of providing training to accountants, bookkeepers and various business owners and companies, we also offer self-study courses to provide value adding knowledge, skills and tools through remote training and engagement that enables you to become more financially skilled.

We offer a variety of self- study courses, packages to provide understanding of all aspects of Bookkeeping, Accounting, Financial instruments, Management Accounting and Financial procedures that are essential for the running of a business.

As finance is a universal language, all online courses offered through UDEMY, are useful to anyone in the world as it complies with IFRS (International Framework of Reporting Standards) and does not include any country specific vat or tax content.

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