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Managing the financial administration (online)
29.10.2020 klo: 13:00 – 16:00
This training on financial administration is suitable for those who are about to start up a business and for those who are at the early stage with their business.
The topics of the training are focused on administration and obligations of a business, but we will also cover topics for analysing and understanding your business.
- Obligation of a legal person to keep accounting records
- Choosing a provider for accounting services
- Setting up routines for administrative activities
- Requirements for the information content on an invoice
- Tools for creating an invoice
- Value added tax, general principles
- Personal liability in different company forms
- Taxation in different company forms
3. Entrepreneurship – personal income
- Private withdrawals and wages
- Income register
- Pension insurance (YEL)
- Social security payment
- Optional insurances and payments
4. Planning and understanding your business
- How to read an income statement and a balance sheet
- Cost accounting
Your trainer: Ville Hautala, business development consultant, Nooga Consulting Oy Ab
The training session will be held as a Webinar in Microsoft Teams. It is in English and free-of-charge! You will receive a link to the meeting by e-mail day before the training. So sign up and reserve your ticket to this webinar!
Before the training:
Here are a few tips how you can prepare for the training
- Think about different topics and questions regarding financial administration that trouble you and which you haven´t found an answer yet (make a list).
- What does ”tax-deductible” actually mean and what can you gain from it?
- When you deliver a product (goods or services) to a customer and invoice it, where in the income statement and the balance sheet can you find this transaction?
- What is the difference between sales, turnover, and cash flow?
- Do you know what is the unit cost of the product (goods or services) your business sells?
- Do you know what is the difference between the concepts ”cost” and ”expense”?