Financial Statement Basics
FINANCIAL STATEMENT BASICS
Have you ever looked at a financial report and wondered just how the numbers got there? In this Virtual Classroom, weâ€™ll explore three key financial reports:
- General Ledger
- Profit & Loss
- Balance Sheet
Financial Statement Basics explores these reports and illustrates how your everyday Rent Manager 12 transactions impact them. We will start with an overview of what the GL, P&L, and Balance Sheet show, and then weâ€™ll follow the flow of basic Rent Manager tasks onto these reports,Â including journal entries, accounts receivables, accounts payables, and security deposits.
While covering these fiscal fundamentals, weâ€™ll also touch on a few best practices along the way.
The course begins as a three-hour, instructor-led training session. Participants are encouraged to follow along with their instructor in the provided digital workbookâ€”the demonstration activities have been included for you to review later!
Once the demonstration is over, you will have the chance to practice what you just learned in a risk-free simulation of Rent Manager 12â€”the same database the instructor uses throughout the tutorial. Your workbook also includes hands-on activities that you can practice in the designated training environment created just for you!
Each attendee also gets one-on-one email access to the sessionâ€™s instructor for a week, as well as 7 days to practice the hands-on activities in the training database.
Plus, youâ€™ll learn everything from the comfort of your home or office!