ACCOUNTING COURSES

About Our Accounting Courses

Are you tired of struggling with your accounting and financial statements? Do you want to learn how to efficiently manage your finances and measure your profitability? Look no further than our comprehensive series of accounting courses for BHPH dealers.

 

About Our Accounting Series

Our accounting courses are designed by Amanda Sanchez, a CPA with extensive experience in the BHPH industry. Modeled after the training she provides her staff, our courses teach both conceptual knowledge and practical skills necessary for preparing and understanding the financial statements for a BHPH dealership. You’ll learn everything from entering and categorizing raw transactions into accounting software to posting month-end adjustments, preparing financial statements, calculating KPIs and analyzing financial performance.

 

What Level is Right For You?

We offer three different levels of learning to fit your unique needs. Review the details of each learning level for each course to select the right fit for you.

 

Software Requirements

All of our courses include practice data, allowing students to get hands-on experience by doing the actual accounting for "Boardroom Auto Sales." Please note that accounting software is required for the hands-on experience and is not included in the cost of the course. However, we do offer an optional add-on to set up a Quickbooks Online subscription for you pre-loaded with the practice data and a standard chart of accounts built for a BHPH dealership. The subscription can be cancelled at any time or wiped clean to use to keep your own books. While Quickbooks Online is the software used for our course series, the concepts taught are applicable to all accounting software.

Course 1

BHPH Bank Reconciliations

  • understanding the concept of bank reconciliation (WHY we do it and WHY it's important)
  • entering transactions into Quickbooks manually
  • setting up and using bank feeds to automate the process
  • reconciling bank and credit card statements
  • reviewing bank reconciliation reports
COMING SOON

Course 2

Month-End Adjustments

  • understanding accrual basis accounting
  • learning what DMS reports to use (will have different versions for each DMS)
  • recording monthly DMS activity - sales, collections, charge offs, receivables, inventory, note sales
  • includes journal entry templates and sample DMS reports
COMING SOON

Course 3

Prepare Financial Statements

  • understanding basic financial statements (balance sheet & income statement)
  • adjusting & preparing balance sheet - assets, liabilities, & equity
  • adjusting & preparing income statement - revenue & expenses
  • preparing workpapers

 

COMING SOON

Course 4

Financial Statement Analysis

  • reading financial statements
  • calculating financial KPIs
  • reviewing statement of cash flows
COMING SOON