Week 6 (Day 7): Bookkeeping Basics


Day 7: Weekly Recap & Reflection

  • Recap

  • Reflection Questions

  • Free Resource


Week 6 Day 7 Action Plan


Congratulations on completing Week 6 of our Financial Management Series! Let's recap what we have covered.


Week 6 Recap: Mastering Bookkeeping Basics

  • Introduction to Bookkeeping Fundamentals: Understanding the importance of accurate financial records.

  • Setting Up Your Chart of Accounts: Building the foundation for effective bookkeeping.

  • Recording Daily Transactions: Mastering the art of accurate and consistent entries.

  • Reconciling Bank Statements: Balancing the books for financial accuracy.

  • Generating Financial Reports: Unveiling valuable insights through reports.


It's reflection time! Take a moment today to reflect on what you learned during Week 6.


Reflective Questions

  • How has understanding bookkeeping fundamentals impacted your day-to-day financial management?

  • What challenges or successes did you experience while setting up your Chart of Accounts and recording daily transactions?

  • How do you envision leveraging financial reports to enhance your business decisions?

Free Resource:

Stay in Touch

I would love to hear how Week 6 went for you! Ready for Week 7?

Next Week: DIY Bookkeeping Vs Hiring a Professional

 
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Week 7 (Day 1): DIY Bookkeeping vs. Hiring a Professional

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Week 6 (Day 6): Bookkeeping Basics