LMB is pleased to offer these online courses using PowerPoint audio presenations. You will need to have Flash installed on your browser. Online courses allow you to watch the presentations on your time when you have the time available. The online classes are available for LMB clients without cost. You will be issued a user ID and password. Our existing clients will need to register for the class to get permission from us. Non-LMB clients will need to register and pay for the class first before permission is given. Because we have to manually review the application, the turnaround time for approval is 24 hours.

If you are not an LMB client, the cost per module runs between $5 to $10. We offer a free Basic Bookkeeping test module. We are PayPal-enabled for you to pay to take the class. The turnaround time after you have paid is 24 hours for you to be able to access the classes.

The following online courses are now available:

Basic Bookkeeping - Part 1: This free introductory module covers debits and credits, T-accounts, journals, and how to make simple journal entries.

Basic Bookkeeping - Part 2 (Cost - $10): This module introduces you to Pots 'R Us, a pottery company, that buys raw materials, converts to finished products, and then sells the products. You need to set up journals to journalize the purchases, sales, accounts receivables, and accounts payables. Topics covered include the five major account groups of the Chart of Accounts, cash vs. accrual accounting, and journalizing business transactions.

Basic Bookkeeping - Part 3 (Cost - $10): This module continues with increasingly more complex transations for Pots 'R Us. You will be analyzing business transactions that are completed over the course of several months and learning how to properly journalize the accounts. You will be creating your own income/expense statements and balance sheets.

Advanced Bookkeeping - (Cost - $10): This module introduces cost of goods, cost of labor, sales discounts, sales returns, payroll and payroll taxes, and depreciation.