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Badass Accounting The Basics by Liz Mason

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Badass Accounting The Basics
Liz Mason @LizzyNorMa @HighRockCPAs
What’s a Chart of Accounts (COA) and What’s a Trial Balance (TB)  ANSWER: Accounting mumbojumbo!!  1000: Assets  2000: Liabilities  3000: Equity  4000: Revenue  5000: Cost of Goods Sold (COGS)  6000: Expenses  7000: Other Income  8000: Other Expenses (Interest, Depreciation, Amortization)
Accrual, Cash and Tax Basis Accounting (Yes, there is a difference, a BIG one)
SaaS Accounting Systems (What?! They DO exist!)
Integrations (yes accounting systems can have open APIs!)
Payroll (the fun, the annoying and the risk of doing it yourself)
Questions?! (easy ones please, I just brain dumped in 10 minutes…)
liz@highrockaccounting.com

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