Potters & Sculptors - Making Rock from Mud
This documents the materials and classwork that was covered for basic bookkeeping that began in March and concluded at the beginning of May, 2012.
Through a combination of working through online tutorials, doing some excercises based on a fictitious potter's business, and subscribing to the free online accounting system at WaveAccounting.com, we learned together how to set up and maintain meaningful records of our businesses that are up to date, rather than finding out how we did at tax time. Balance sheets, profit and loss reports, accounts due and receivable do not come from the papers in a shoebox accounting system.
This was a peer-led group study effort.
The class can be repeated in the future if there is sufficient demand, and we expect to have more sophisticated tools for real time conferencing. An experienced instructor would be welcome to take over a future class.
Minimum number of students - 6
Maximum number of students - 12
Anticipated duration - 6 weeks
Anticipated start date - Undetermined
Required time commitment - 3-8 hours per week
Communications method - Private group discussion on the Cone6pots network and scheduled 90 minute Web conferences once a week.
Post comments and questions here.
Sign up by requesting to join this Group.
This is a fixed duration, class style study group covering basic accounting concepts and setting up our businesses on the online accounting system at WaveAccounting.com.
Participants are urged to check in and read all postings for this group at least 3 times per week.
There will be a $40 registration fee for the class. Those who complete the class with 70% or better participation will get a $20 refund or credit toward their next class.
Latest Activity: May 7, 2012
This set of materials completes the course materials for the class. Though the formal class is ending, group members are encouraged to stay on as members, and to post new accounting questions that…Continue
Read the Introductory lesson and Lesson 3 in the dwmbeancounter tutorials. This will give you a better grasp of what accounts you need to set up for your own business on waveaccounting.com…Continue
Week 4 Project - Part 1Task 1 - Understand the financial reports presented in Lesson 6 at beancounter's website, especially balance sheet and income statement - you will create and use these very…Continue