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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 #5: Accounting Software to simplify your tasks

Small business owners need to undertake a host of activities all by themselves. Right from finding customers, undertaking bookkeeping, and accounting to marketing their business to getting the right people in their team, almost everything is undertaken by the small business owner.


With so much to deal with, small businesses now understand the importance of cloud accounting.


According to Intuit, the top five tasks that small business owners are taking up today online include:


  • Back-office work like bookkeeping and accounting
  • Generating invoices and accepting payments from customers
  • Managing relationships with existing customers
  • Communicating with employees and business partners
  • Building brand awareness

Thus, small business owners now understand that in order to save time, reduce costs, ensure data security, and make work more efficient, it is necessary not only for them but also for their clients to switch to a cloud accounting solution.


This guide will help you understand what is cloud accounting software, the reasons why you should use cloud-based accounting software, the benefits of working with the cloud, and how QuickBooks Cloud Accounting Software can help you manage your accounting tasks easily.

See how QuickBooks can work for your business.