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Intro to Finance and Accounting, Part 1: Accounting and General Ledger Primer

Lesson 1 of 5 in Finance & BillingIntroductory32 min

A plain-language primer on accounting, the general ledger, and how financial statements describe an organization's health.

Explains the purpose of accounting and the general ledger, the accounting equation, assets, liabilities, and equity, and income and expenses. It also introduces the balance sheet, the profit and loss statement, and cash flow.

What This Video Covers

  • Purpose of Accounting
  • General Ledger
  • Accounting Equation
  • Assets and Liabilities
  • Income and Expenses
  • Balance Sheet
  • Profit and Loss
  • Cash Flow

Read the Finance & Billing Documentation

Continue in This Application

Next Lesson Intro to Finance and Accounting, Part 2: The Financial Management System

More Finance & Billing Training

  • 27 min
    Intro to Finance and Accounting, Part 2: The Financial Management System

    Introductory27 min

  • 17 min
    Intro to Finance and Accounting, Part 3: General Ledger Exercises

    Introductory17 min

  • 59 min
    Configuring Finance and Billing

    Configuration59 min

  • 37 min
    Multi-Company Accounting

    Configuration37 min

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