
- This event has passed.
Bookkeeping & Accounting: The Enlightenment
July 18, 2019 @ 11:30 am - 1:00 pm
Free
Bookkeeping and accounting is the opaque province of bookkeepers and accountants.
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It is debit and credit concepts that defy gravity.
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It is incomprehensible jargon.
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And, its practitioners are witch doctors appointed to administer relief to the financially disabled in return for money.
But don’t despair, if you can read a nutrition label on a can of beans this presentation is for you! It’s an hour or so of indispensable clarification of an obscure but essential process.
It’s a discussion about:
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Gathering and entering data.
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A process of data analysis to help with –
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Regulatory compliance
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Extraction of information
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Financial control
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The structure of financial statements
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Examination of financial statements of two small businesses, one a success, the other a failure.
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Why Cost of Goods data is critical
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Simple but powerful financial ratios
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Relationship to tax returns
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Where to begin and how to get it done.
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Why this stuff is difficult.
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Use of popular small business accounting programs.
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Finding and engaging expert help.
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Use of IRS and NM Tax & Rev information.
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A cautionary overview of NM Gross Receipts Tax
Presenter Bob Hyde:
Desert Accounting LLC, practicing bookkeeping and accounting since 2004
College of Santa Fe: BBA Accounting: 2005
BCE:Many years line management with P&L responsibilities in manufacturing, process control and telecommunications, in the UK and the NE USA.
FatPipe ABQ is a collaborative workspace where entrepreneurs start businesses. Bring your vision to life in a collaborative space, working among like-minded people with whom you can share ideas and resources. Learn more at www.fatpipenm.com.
This is a brown-bag lunch event so bring your own lunch! Soft drinks and water will be provided. This workshop is free – but you do need to register!