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Module 1: Introduction to Accounting for Painting Businesses

Lesson 1: The Role of Accounting in a Painting Company

Lesson 2: Key Financial Terms (Revenue, Expenses, Profit, Assets, Liabilities)

Lesson 3: Choosing a Legal Structure (Sole Proprietorship, LLC, Corporation) and Its Impact on Accounting

Module 2: Setting Up Basic Bookkeeping Systems

Lesson 1: Selecting Accounting Software (QuickBooks, Xero) or Spreadsheets

Lesson 2: Chart of Accounts: Materials, Labor, Overhead, Marketing, Insurance

Lesson 3: Organizing Receipts, Invoices, and Financial Documents

Module 3: Daily Record-Keeping

Lesson 1: Recording Sales and Payments from Residential and Commercial Clients

Lesson 2: Tracking Material Purchases and Other Job-Related Expenses

Lesson 3: Reconciling Bank Statements and Credit Card Transactions

Module 4: Basic Payroll Management

Lesson 1: Tracking Hours for Painters, Crew Leads, and Administrative Staff

Lesson 2: Understanding Gross Pay, Deductions, and Net Pay

Lesson 3: Complying with Basic Payroll Tax Withholding Requirements

Module 5: Introduction to Taxes for Painting Companies

Lesson 1: Understanding Sales Tax on Materials and Services (If Applicable)

Lesson 2: Basics of Income Tax (Federal, State) and Estimated Tax Payments

Lesson 3: Importance of Staying Organized for Tax Filing

Accounting & Taxes - Beginner Stage (Fundamental Accounting and Compliance)

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