Rochester Community and Technical College
The Basics of Bookkeeping and Payroll: A Financial Management Foundation For Your Small Business (in session)
#: OD   ID: 9178   Section: 070121-10  

Registrations can be taken any time between July 1, 2020 and June 30, 2021.

Course Description:
The Bookkeeping and Payroll course provides the foundations for bookkeeping processes, payroll requirements, and resources to learn more. This course offers information on the importance of numbers in operating your business, an overview of basic bookkeeping procedures, learning what information flows to an Income Statement and Balance Sheet, and basic concepts and requirements to process payroll.

The difference between an employee and independent contractor will be explored as well as a high-level overview of some accounting software options.
Course Objectives:
  • Upon completion of this course, the student should be able to:
  • Recognize the importance of numbers in operating your business
  • Describe basic bookkeeping procedures
  • Learn what information flows to an Income Statement and Balance Sheet
  • Explain basic concepts and requirements of processing payroll
  • Review the difference between an employee vs independent contractor
  • Discuss accounting software options
  • Identify topics to learn more about when starting a business in Minnesota
  • Review resources, links, and downloadable forms
Contact Hour(s):
.5 contact hour(s) based on 60 minute contact hour
Bring to Class:
N/A - Online
Varied Schedule
12:00 AM
Registration Cutoff Date:
Dates & Times:
7/1/2021   12:00AM - 11:55PM
6/30/2022   12:00AM - 11:55PM