Basics of Bookkeeping
Bookkeeping is essential for business growth because it ensures accurate tracking of income, expenses, and cash flow. Organized financial records help entrepreneurs make informed decisions, identify trends, and prepare for taxes or funding opportunities. Consistent bookkeeping also builds financial discipline and readiness for future audits, loans, or investments.
Navigate this page to access presentations, templates, and resources designed to help entrepreneurs learn the basics of bookkeeping.
Featured Resources
Supporting entrepreneurs at different stages requires different tools and approaches. Review our featured resources below to better support your entrepreneurs.
Basics of Bookkeeping Training Deck
This training deck introduces the basics of bookkeeping and the digitization of accounting records. We focus on key types of records that should be maintained by businesses and introduce important…
Basics of Bookkeeping Summary Video
The Basics of Bookkeeping Summary Video provides a simple, easy-to-follow introduction to core bookkeeping principles every entrepreneur should know. This video helps you introduce clients to the basics of bookkeeping…
Bookkeeping Best Practices Checklist
The Bookkeeping Best Practices Checklist is a handy tool to help entrepreneurs stay organized and track routine bookkeeping tasks. This checklist identifies best practices and relevant tasks to be completed…
Basics of Bookkeeping External Resources
Leverage these links to access supplemental trainings, templates & guides from trusted sources.
Summary Video
Special Bookkeeping Considerations for SEDI Businesses
Basic Financial Literacy Support
Advisors should provide foundational training on core bookkeeping concepts—like revenue, expenses, and profit—using real-life examples that reflect clients' business types and financial realities.
Time and Capacity Constraints
SEDI entrepreneurs often manage multiple roles and responsibilities. Advisors should emphasize the importance of regular bookkeeping while offering strategies to integrate it into their workflow efficiently, such as setting up weekly routines or automating transactions.
Linking Bookkeeping to Business Goals
Help clients see how good recordkeeping supports goals like getting a loan, applying for a grant, or tracking growth. Showing the practical value of bookkeeping builds motivation and long-term habits.
Looking for more Bookkeeping tools?
We've assembled a curated list of links to trusted resources to help entrepreneurs perfect their bookkeeping.
Looking for more ways to support business owners?
Try our Interactive Business Advisor tool to provide targeted guidance at any stage of business growth.
Using our three-step framework, you can quickly find the right resources and training materials for your client's specific needs.