The BOOKKEEPING BASICS for BEGINNERS

The BOOKKEEPING BASICS for BEGINNERS

LYFE Accounting

2 года назад

523,986 Просмотров

Bookkeeping is the recording of past financial data to make future business decisions. In this tutorial, you'll learn what bookkeeping is and I'll show you how to do it for your small business or startup.

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⏱️TIMESTAMPS
00:00 - Intro
00:44 - What is Bookkeeping?
01:34 - Step 1 of the Bookkeeping Process
03:02 - Step 2 of the Bookkeeping Process
04:24 - Step 3 of the Bookkeeping Process
05:21 - Step 4 of the Bookkeeping Process
06:42 - Step 5 of the Bookkeeping Process
12:03 - Step 6 of the Bookkeeping Process
13:36 - Outro

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

Тэги:

#bookkeeping #bookkeeping_basics #small_business_bookkeeping #what_is_bookkeeping #bookkeeping_tutorial #bookkeeping_accounting #bookkeeping_for_small_business #bookkeeping_explained
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Комментарии:

@rosemarywilliams9969
@rosemarywilliams9969 - 20.12.2023 01:31

👏👏👏👏👌 Takes me back to accounting 101 class. Wish I had this video back then BUT you were probably still in high school😂😂

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@christianacarty1688
@christianacarty1688 - 19.12.2023 23:31

This video was amazing. I wrote lots of information which will be beneficial in my small business. Thank you for the wealth of information.

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@gentile.enterprise
@gentile.enterprise - 19.12.2023 07:04

You talk extremely slow. Had to x2 Speed.

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@electrcfish664
@electrcfish664 - 18.12.2023 20:03

Welp I'm looking for courses now this got me excited for getting into the finance field

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@TheNZmatt
@TheNZmatt - 18.12.2023 04:38

my brain just blow up

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@salalivelovejoy
@salalivelovejoy - 17.12.2023 08:15

Thank you for the easy to understand breakdown. The accounting fear and overwhelm is gone 😊

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@laceyharrington1760
@laceyharrington1760 - 14.12.2023 19:56

Best explanations I've seen yet! I have taken Udemy classes and read books. This is simple and easy to understand. Thank you!

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@caryn-leighstober8398
@caryn-leighstober8398 - 14.12.2023 13:17

Is there perhaps a practical example of this explanation?

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@mauricejohnson1935
@mauricejohnson1935 - 13.12.2023 06:24

"Very" clearly explained. Thank you!

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@emmafellini5809
@emmafellini5809 - 11.12.2023 18:49

I love how you are succinct and take great care on speaking clearly.

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@jasonf4095
@jasonf4095 - 23.11.2023 08:27

To you this is probably pretty simple stuff, like elementary school - to me it is too (sort of). But to hear it explained and laid out in the way you explain it is needed. You have a gift for teaching this stuff. I have some of these ideas rolling around in my head for my two LLC's but you put it together and package the information in a way that I can understand and form a plan of action for. Thank you. - And you are correct. I am better at running my business than figuring out how to manage where each dollar went.

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@ClementineShmementine
@ClementineShmementine - 22.11.2023 16:01

Omg you are making it click ! Thanks- I have a stressful meeting and I am not trained- just self taught

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@miklostoldi2454
@miklostoldi2454 - 16.11.2023 22:58

Man! Just blew my mind! Awesome stuff! I am your subscriber after 5 minutes

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@CyrissSmith-jq4dk
@CyrissSmith-jq4dk - 14.11.2023 00:54

Would filming equipment to be used again and again but initially purchased for one movie be considered an investment?

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@user-zp5yc7vr7o
@user-zp5yc7vr7o - 11.11.2023 23:13

that was great.thank you.

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@jeanninemcwhorter919
@jeanninemcwhorter919 - 08.11.2023 02:20

My problem is I don’t know which software to use for transportation business that has what all I need to account for without going back and forth between different software programs. I spent tons of time building my own on Airtable and really need something else. My tax preparer says she can’t get all what she needs off of it even when I export to cvs file without it being in peices basically. Any advise?

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@ecombalance3501
@ecombalance3501 - 06.11.2023 12:12

Awesome tutorial! Your process is easy and very straightforward. Great job!

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@lrb2026
@lrb2026 - 04.11.2023 18:46

thank you so much

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@fazilsheikh3689
@fazilsheikh3689 - 02.11.2023 20:43

Thank you. Very informative

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@rasTankie
@rasTankie - 27.10.2023 06:57

Thank you man you really broke it down plain and simple

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@user-yo7wg2bu8o
@user-yo7wg2bu8o - 25.10.2023 04:00

Great video and great teacher. You went at a great pace. I'm learning!! Thank you.

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@sabor7914
@sabor7914 - 24.10.2023 19:09

I want to get a bookkeeping certificate but my math doesn't go above 3rd grade...I'm 39 and I'm wondering if I should even try this

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@meecheongkim3980
@meecheongkim3980 - 23.10.2023 22:46

If you get a loan $30,000 how do you apply it to the bookkeeping? Where do you apply it when you pay monthly payments. Is it an expense?

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@carsgolfcigars
@carsgolfcigars - 19.10.2023 22:37

Excellent information

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@emon377
@emon377 - 16.10.2023 10:34

If you talked a little faster it could be a 10 min video.

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@liltsummerlin423
@liltsummerlin423 - 13.10.2023 19:21

Thank you for your slow yet precise explanation of this process. Is really hard to take instruction from people whenever they talk too fast that you can't even grasp what they're saying before they move on so I appreciate that you spoke in a slower manner.

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@jhonnyaccsolutions
@jhonnyaccsolutions - 09.10.2023 14:46

Glad to get such a nice info, thanks for sharing

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@bilalahmed7312
@bilalahmed7312 - 08.10.2023 13:55

Any one who wants accounts bookkeeping services I am available for these services.
As a professional chartered Accountant I will give all the Financial Reports which includes profit and loss , balance sheet, cash flow along with notes to the Account's

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@esraelrayah528
@esraelrayah528 - 07.10.2023 07:11

Perfect vedio thank you

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@user-ot7lv8su1b
@user-ot7lv8su1b - 06.10.2023 17:59

this is incredible, amazing work.

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@akelanoel4272
@akelanoel4272 - 02.10.2023 02:39

I always fall straight back onto my bottom 😢 if I don’t lean forward with my hands on the ground in front of me. What am I doing wrong?

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@emadla12
@emadla12 - 20.09.2023 23:15

You are very good very informative thanks

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@theresajeffers3982
@theresajeffers3982 - 17.09.2023 00:56

Thanks 🙏🏽 so much so simple informative. New subscriber🙌🏾

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@Sara..300
@Sara..300 - 13.09.2023 19:30

I have been looking for a video like yours for month’s since English is not my first language your explanation was excellent. Thank you!

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@jesrickmunoz8711
@jesrickmunoz8711 - 11.09.2023 08:24

Love your videos. So helpful in the opening of my new business

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@rishmoney
@rishmoney - 10.09.2023 19:00

THE LIKE BUTTON HAD A RAINBOW AROUND IT

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@keishafofanah87
@keishafofanah87 - 09.09.2023 04:47

Is Quick book a cfo

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@sorcey9532
@sorcey9532 - 08.09.2023 04:43

Isn't it easier to see examples of those documents instead of imagine them?

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@brookahmed1025
@brookahmed1025 - 06.09.2023 05:13

Sir do you recommend taking classes for bookkeeping?

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@lovey374
@lovey374 - 01.09.2023 12:14

📌 Nice video, love how you take your time to educate your viewers. You gave me the mindset to invest my savings now I have made profits over $120k Right now and still making more , I am enjoying a good life with what I made investing. Indeed ‚building a Portfolio income (investing) through a licensed investment adviser is one out of many ways to earn passive income.

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@RaceEater
@RaceEater - 31.08.2023 06:10

THANK YOUR FOR THIS GREAT VIDEO AND INFORMATIONS ABOUT BOOKKEEPING,
FROM PHILIPPINES

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@user-cd3zm2fy9q
@user-cd3zm2fy9q - 25.08.2023 17:45

Great info, it really helped

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@MadamT_
@MadamT_ - 24.08.2023 21:49

This is great thank you!

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@lvt2860
@lvt2860 - 22.08.2023 10:48

I like that your explanations came across quite clearly. Thank you!

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@thegutdoc9811
@thegutdoc9811 - 18.08.2023 14:59

Does quickbook have the ability to download the sheets

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@RakaelBoozierre
@RakaelBoozierre - 15.08.2023 14:49

"transaaactions" 😅😂

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@100Crush
@100Crush - 03.08.2023 16:33

AWESOME

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@DeltaCreditRestoration
@DeltaCreditRestoration - 01.08.2023 02:26

Great video. Very informative, well structured.

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@cristalmunizaga4202
@cristalmunizaga4202 - 31.07.2023 14:28

Great video!

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