The Financial Aspects of Managing a Business: The Importance of Bookkeeping

Bookkeeping is an essential function all small business owners should know how to do in order to properly manage the business’s finances. Another essential component of bookkeeping skills is interpersonal communications. You often have to talk to clients, vendors, banks, and other such people as part of bookkeeping tasks. Depending upon your specific needs, the types of bookkeeping and interpersonal communication skills you require could vary.

Obtaining the skills needed to be a proficient bookkeeper can help you focus on growing your small business and stop worrying about where the money is being spent. Bookkeeping skills will allow you to:

  • Monitor Sales
  • Manage Accounts Receivables
  • Generate Reports
  • Pay Bills
  • Manage Accounts Payable
  • Prepare the General Ledger
  • Reconcile Bank and Credit Card Accounts
  • Prepare and Submit Invoices
  • Complete Month End Closing Entries
  • Prepare Quarterly and Year End Financial Statements

Being able to perform your own bookkeeping services will provide your business with vital information to help you understand how well your business is doing. In addition, your tax accountant will be able to prepare your taxes easier, since you will be able to provide them with all of the data they require to prepare and file your taxes. Further, the more accurate information you keep will enable you to grow your business and achieve higher profitability.

To further develop essential business skills to start your own small business or to enhance your current business skills, contact Computer Systems Institute now by calling 1-888-652-2494 to learn more about our skill-building programs.

Intensive English Program

The Basics of Different Writing Styles

Everyone has their own unique style of writing to convey their thoughts and ideas to others. Learning the differences between writing styles is important because it will affect how materials are presented in various settings such as school, work and business emails.

  • Narrative Style – This style is used when you are writing short stories, poetry, novels, and other such materials, and can consist of both formal and informal content, depending upon the characters and story development.
  • Descriptive Style – When writing using the descriptive style, you provide specific details about the topic, such as an event or new product. The author should not only attempt to provide facts, but also incorporate sensory words the reader can related to, to help them form a mental image of what is being described.
  • Argumentative and Expository Style – This writing style is where the author writes based upon a specific subject, yet remains objective by leaving out their own personal feelings and opinions about the subject matter.
  • Persuasive Style – Writers who want to persuade others to their point of view use this style. It allows the author to justify their feelings and opinions about a particular subject, and convince readers in the process.

It is important to consider your audience before choosing a writing style and the message you want to deliver. For instance, if you are writing for business purposes, the style you select might require a more professional and formal tone.

If you are learning English as a second language, and want to improve your writing skills, you should consider enrolling in an ESL program. To learn more about current programs, please feel free to contact Computer Systems Institute now by phoning 1-888-652-2494 to schedule an appointment with a representative.

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Be Successful in an Office Environment by Improving Your Administrative Skills

Administrative assistants have to be able to effectively deal with a variety of situations in an office environment. Most admin positions require a diverse set of skills in order to be successful at the job and open up new opportunities for advancement. Improving your admin skills can easily be accomplished by completing skill building programs in areas you are not yet proficient.

Specific skill areas essential to administrative assistant positions include:

  • Communication Skills: Admins communicate with a wide range of employees, vendors, and clientele.
  • Writing Skills: Admins prepare written communications and emails on a regular basis.
  • Time Management: Admins have to properly manage their time to ensure tasks are complete when promised.
  • Planning Skills: Admins have to know how to develop processes and procedures for the office environment.
  • Technology Skills: Admins have to know how to use a variety of computer applications to perform their job duties.
  • Problem Solving Skills: Admins are tasked with scheduling, resolving conflicts, and developing new processes and procedures to improve operations.
  • Organization Skills: Admins have to be well organized in order to keep tasks moving along and still have time to provide administrative assistant tasks.
  • Management Skills: Admins may be required to oversee the management of office staff, supervisors, or other personnel.
  • Office Oversight Skills: Some admins are tasked with equipment and office supply management, and ensuring the office is properly stocked and everything is working correctly.

An administrative assistant must be able to successfully perform a variety functions in order to be successful. For more information about improving your administrative skills at Computer Systems Institute call 1-888-652-2494 to schedule an appointment with a representative.

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