Where: Bookwiz Bookkeeping, 12 Old Collier Road Morley WA 6062
Event Description
Do you sometimes wonder why your profit and loss statement shows a profit, yet you still struggle to pay bills, tax, and wages? Business profit doesn’t mean good cash flow and as a business owner, it’s important to understand the difference between cash flow and profit, as well as knowing how to budget and read essential reports.
This workshop covers:
An overview of the chart of accounts
An explanation of profit and loss, and balance sheet reports
How to create a budget
How to compare budget vs actuals
Understanding the difference between cash and profit
This session steps you through creating a budget. If you would like to take part, bring a laptop with Excel installed or you can just watch if you prefer.
