Week 6 (Day 3): Bookkeeping Basics

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Day 3: Setting Up Your Chart of Accounts

• Take Action

• Helpful Tip

• Free Resource

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Week 6 Day 3 Action Plan

Today, we are laying the groundwork for effective bookkeeping by setting up your Chart of Accounts.

Take Action: Building Your Financial Framework

• Explore a sample Chart of Accounts.

• Begin setting up basic categories tailored to your business.

Helpful Tip:

• A well-organized Chart of Accounts simplifies transaction recording.

Free Resource:

Stay in Touch

Once you decide what software to use the first step is the chart of accounts. Did you choose QBO or another platform?

Until tomorrow, happy financial management!