Understanding the Business Balance Sheet

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  • čas pƙidĂĄn 5. 08. 2024
  • Understanding the Business Balance Sheet in QuickBooks Online
    When you think about financial statements, do you ever feel overwhelmed?
    Let me show you how to generate your Balance Sheet Report and use it through QuickBooks. 😊
    A Financial Snap Shot of Your Business.
    Resources mentioned in the video:
    Download the accompanying PDF Guide here: Canduskampfer.com/balancesheet
    If you're looking for the Desktop version of this video click here: ‱ What is a Balance Shee...
    If you identify errors or discrepancies in your balance sheet, check out my additional training and resources mentioned below:
    Ready to learn how to set up and customize QuickBooks, check out my A to Z training program: ConfidencewithQuickBooks.com
    If you already know the how-to’s and are ready to advance your skills and learn how to clean up mistakes, check out my QuickBooks Simplified Community here: QuickBooksSimplified.com
    Remember, understanding your balance sheet is crucial for gaining insights into your business’s financial health and making informed decisions.
    Ready to learn more areas of QuickBooks? Join us on our next workshop to learn how to design QuickBooks for your specific business... âžĄïž CandusKampfer.com/workshop
    Receive our QB tips straight to your inbox each week visit: âžĄïž CandusKampfer.com/tips
    Retained Earnings Training Videos: canduskampfer.com/?s=retained...
    Please share in the comments below any ah-ha’s or questions you have 💡
    I’d love to connect with you đŸ€—
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    Timestamps:
    0:00 - Understanding the Business Balance Sheet
    0:32 - QuickBooks Desktop Users: Understanding the Balance Sheet
    0:49 / 1:12 - Balance Sheet Report in QuickBooks Online
    1:04 - Balance Sheet in Business View
    1:09 - What do you need to know to understanding the balance sheet
    1:33 - you need to know what your end date is in pulling reports
    2:08 - You need to ask yourself, what am I looking for?
    2:40 - Cash vs. Accrual Reporting
    4:08 - Different Accounts in Balance Sheet
    5:30 - Confidence with QuickBooks confidencewithquickbooks.com
    5:41 - QuickBooks Simplified quickbookssimplified.com
    6:42 / 8:50 - Explanation for Accounting Equation
    7:20 - Opening Equity balance Video Tutorial
    7:42 - Retained Earnings Video tutorial ‱ Closing Equity into Re...
    8:23 - canduskampfer.com/balancesheet
    8:30 - Retained Earnings vs Net Income
    9:10 - Types of Accounts that are not showing in Profit and Loss
    9:34 - Editing Accounts Title
    10:45 - Finding Reports in Business View
    11:48 - Remember 💡
    11:58 - Join Candus Kampfer's Weekly QuickBooks Tips and Tricks
    canduskampfer.com/tips
    12:05 - Customizing QuickBooks Workshop
    canduskampfer.com/workshop
    12:19 - Cleaning up QuickBooks Workshop
    canduskampfer.com/cleanup
    #CandusKampfer
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Komentáƙe • 2

  • @righttolearnrighttolearn2668
    @righttolearnrighttolearn2668 Pƙed 11 měsĂ­ci

    Didi can you make videos (piecemeal distribution of cash among partners)? Semister 1(fy)?

  • @user-cb2zt4sx2o
    @user-cb2zt4sx2o Pƙed 10 měsĂ­ci

    Hi ! Please turn on Ukrainian subtitles. Thank you very much !