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LEARN AND SUPPORT

Understand your finances: Accounting 101 for Small Business Owners

Learn and support

Course details:

  • Self-paced
  • 2 hours
  • 5 lessons
  • 3 videos
  • 3 resources

What you’ll learn

  • Business Accounting and Accounting Key Terms
  • Understanding Financial Statements
  • Bookkeeping and Record Keeping
  • Cash Flow Management
  • Accounting Software to simplify your tasks

Lesson #4: Cash Flow Management

By managing cash flow effectively, small business owners can ensure that they have enough cash on hand to meet their day-to-day expenses, pay their bills on time, and invest in growth opportunities.


A cash flow statement, along with the balance sheet and income statement, is one of the primary financial statements used to measure your company’s financial position. It tracks the cash inflow and cash outflow of cash from operating, investing, and cash flow from financing activities during a given time period. The term β€œcash” refers to both cash and cash equivalents, which are assets readily convertible to cash. This financial statement provides relevant information to assess a business’s liquidity, quality of earnings, and solvency.


Download a free cash flow statement template, learn how to prepare a statement, and discover the direct and indirect methods of cash flow statements.

See how QuickBooks can work for your business.