One of the biggest challenges for any new business can be diving into the finances. You know how to drive truck. Now learn how to manage the finances of the business. Your bookkeeping isn’t just about tracking receipts—it’s about having a clear picture of your business’s financial health. By mastering these skills, you’ll avoid common mistakes, plan for future expenses, and even maximize your tax deductions. No more surprises when it’s time for new tires or insurance payments—by keeping detailed, organized records, you can focus on driving and growing your business instead of worrying about the numbers.
Introduction to Bookkeeping
History of Double Entry Bookkeeping
Understanding Double Entry Bookkeeping
Revenue vs. Expenses
Exploring Four Different Bookkeeping Systems
Getting Started with QuickBooks
Setting Up A Chart of Accounts
Uploading A Chart of Accounts
Downloadable Template: Chart of Accounts Template
Setting Up Rules in QuickBooks
Connect Your Bank Account to Track Transactions
Equipment, Assets, & Loans
You Are All Set!
Managing Finances Day to Day
Vendors & Expenses
Categorizing Expenses
Reconciling Finances
How to Pull Financial Reports for Your Business
Profit & Loss Statement
Balance Sheet
Statement of Cash Flows
Accounts Recievable
Need Help Tracking Your Assets?
Are you an owner-operator who wants to understand your business’s finances without getting lost in the numbers? This course is designed to help you master the basics of bookkeeping, so you can make smart financial decisions, keep your business compliant, and set yourself up for long-term success.
In this course, we break down bookkeeping specifically for the trucking industry, showing you how to track your income, expenses, and stay prepared for tax season—without wasting hours on complicated accounting software. Whether you're just starting out or looking to streamline your current systems, this course has everything you need to take charge of your financial records.
Why Proper Bookkeeping Matters: Protect your personal assets, build business credit, and stay compliant with tax laws.
How to Keep Personal and Business Finances Separate: Avoid common mistakes that lead to financial chaos and "piercing the corporate veil."
Double-Entry Bookkeeping Simplified: Learn the basics of this time-tested system without needing an accounting degree.
Understanding Profit and Loss: Track your revenue, expenses, and know exactly how much you're earning (and spending) each month.
Choosing the Right System for You: We cover everything from old-school ledgers to QuickBooks, with recommendations on which systems work best for owner-operators.
