Event Details

When: 23 January 2020 from 09:30-13:30

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.

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