RWC Accounting Training
Online Accounting Training
Designed specifically for the Small/Family Business
Join Bob Clark, founder of RWC Business Services and Dominion Acres, as he shares vital information for your small/family business!
Bob Clark is a licensed CPA with 22 years of accounting and business finance experience. He is also a homeschooling father of 5 children, all of whom are an integral part of their family business ventures.
RWC Business Services is dedicated to helping small and family businesses succeed. Our goal is to empower and encourage Christian entrepreneurs, by providing the tools needed to keep accurate, useful records of your business. Our prayer is that these courses will be particularly helpful to you, as you take dominion for His glory!
Courses and general outlines are listed below. For a list of current course offerings, or to register, visit www.rwcbiz.com and click the register button on the left side of the screen.
Accounting Basics for the Small/Family Business
To be useful, your financial records should be accurate and timely. They should tell the story of what is really happening in your business. In this 6-week class, you will learn:
- The five basic account types: assets, liabilities, revenue, expenses and owner’s equity
- What is happening “behind the scenes” in an accounting program?
- Understanding the Accounting Cycle
- Working through the Accounting Cycle with “real life” business examples.
- Preparing the Balance Sheet and Income Statement for your business
- Using the Financial Statements to evaluate and manage what’s really happening in your business
Learn QuickBooks with Confidence! – Basic
QuickBooks, a user-friendly accounting program, can be a vital resource in managing your business. In this 8-week course, you will learn to use QuickBooks for:
- Setting up your company “file”
- Chart of accounts
- Items
- Customer and Vendor lists
- Working with selling transactions: invoices, sales receipts, payments, deposits and credit memos
- Working with buying transactions: bills, bill payments, checks, bills vs. checks, and credit memos
- Working with bank accounts, reconciling bank accounts and finding discrepancies
- Producing Financial Statements
Learn QuickBooks with Confidence! – Advanced
A continuation of the Basics course, this course delves further into more advanced functions of the QuickBooks accounting program. In this 8 –week course you will learn:
- Working with payroll transactions: adding employees, handling deductions, payroll taxes
- Working with inventory: purchase orders, receiving items, adjusting inventory
- Working with sales Taxes setting up, adjusting, paying, and reporting sales taxes
- Custom forms and letters
- Advanced Financial Statements
Tax Strategies and Planning for the Small/Family Business
Discover key tax strategies to save your company hundreds or even thousands of dollars. In this course you will learn:
- Learn how to plan your business and activities to save on taxes
- Should you incorporate…. or not?
- Will the IRS consider your business a hobby or a business?
- How should you pay your children?
- How can entertainment be a legitimate expense?
- How to legally and ethically deduct expenses you are already incurring.
Is It Worth It? – Using a Cost-Benefit Analysis for the Small Business Venture
Can you tell if a business idea is worth pursuing? Can you distinguish a “money-maker” from a “money-drainer”? Will this venture be worth your time and efforts? In this class, you will learn to prepare a cost-benefit analysis, which will help you to respond wisely to various business opportunities.
For more information about the online training, or to read our business venture story, please go to our website at www.rwcbiz.com. For a list of current course offerings, click the “register” button at our website.
Although the classes are best suited for high school-adult level, the entire family is invited to attend! These courses are also an ideal preparation for college level accounting classes.
Robert W. Clark, CPA
RWC Business Service, Inc.
PO Box 674
Natalia, TX 78059
Phone 830-663-2262
fax 210-579-6465
email: bob@rwcbiz.com
