🔥 Day 1 – Learn the Accounting Basics
- Check out our Accounting Starter Digital Course For Small Business
🔥Day 2 – Concretize Your Business Process
- Review your existing process
- Analyze the gaps
- Document the revised process
🔥Day 3 – Define your master list
- Establish your chart of accounts
- Employee master list
- Suppliers master list
- Customers master list
- Inventory master list
🔥Day 4 – Identify Accounting Forms & Reports
- Establish your Purchase Orders, Vouchers, Payslips, Sales Invoices format
- Establish reports you would like to see every period such as Balance Sheet, Income Statement, A/R and A/P balances, Payroll register, Sales and profitability reports.
🔥Day 5 – Establish Your Beginning Balances
- Choose a cut-off and come up with the outstanding payables, receivables and trial balance.
🔥Day 6 – Signup to Snap Accounting & Snap Payroll