📝Bookkeeping Duties - BANK RECONCILIATION // Bookkeeping Basics Series | Realistic Bookkeeping
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- čas přidán 5. 08. 2024
- Have you ever wondered what a bank reconciliation is, and what it looks like to handle reconciling accounts as a bookkeeper? In the third video of the Bookkeeping Basics series, I dive into the basics of reconciliation and give examples of how to handle this bookkeeping process. A free download of the information is available below!
//CHAPTERS:
0:00 Introduction
2:30 What is Reconciliation
3:15 Outline of Reconciliation
6:14 Example #1 of Reconciliation for a Property Management Business
12:14 Example #2 of Reconciliation for a Agricultural Business
14:23 Reconciliation Discrepancy
//RESOURCES MENTIONED:
🔆 Everything Bookkeeping University Waitlist! - bit.ly/3uoiDS8
The COMPUTER I use! - amzn.to/3kpZxbc
*If you don't already have a good computer/laptop for your bookkeeping needs, this is the laptop I currently have. I love it and it's just right for what I need to use it for!
FREE TEMPLATE Bank Reconciliation Presentation File - bit.ly/3IwxYpE
//CONTACT:
For all subscribers, please feel free to leave a comment below so that I can reply to you directly!
For any business inquiries, please email me at purvistobrown@gmail.com
And make sure you subscribe to my channel!
Sharing my story as I create my bookkeeping business!
Disclaimer - This video is NOT sponsored by any of the brands mentioned throughout this video. All thoughts mentioned are my own. Some links provided above are affiliate links. They do not cost you anything, but I make a small percentage from the sale. Honesty is key on my channel, thank you for supporting me!
I just find your channel and I’m obsessed with your videos. I’m from Cuba, and I worked as an accountant for almost 10 years. I came to the USA a year ago, and Im trying to learn how it works here. You are so inspiring to me.
I was having so much anxiety about bookkeeping at my job. Your videos have helped me so much. Thank you!!!
I just found your channel, working of starting my own bookkeeping business. Thank you for these amazing videos!!
You are awesome! I know many must absolutely appreciate your expertise! Thank you very much for sharing.
You are so welcome!
I enjoy this lesson.very helpful
I've just started learning from you to see if it's something I can do. Thank you so much for going into details of what's involved. I would love a walk thru thanks. And if you haven't done so already how to workspace would be great too. :)
Love you already! I need something not complicated, but simple. I love spreadsheets. We will get a long ;)
Please walk through reconciliation video. Thank you
This was helpful. I would love a walk through of each step.
Hi, Rachel! Can you explain some ways or places you might look to figure out if there is a discrepancy?
where and how did you learn bookkeeping? how long did it take you to learn it? How long was it from the time you learned it to the time you got your first client? If you have a video on this please direct me to it. Thank you for all your work in each of these videos!
Learned a lot!
Good - I'm so glad!
I’m interested in the bookkeeping course, curious if yall have any idea when that next one will open up?
Jessica, I’m so happy you are interested! I don’t have a set date of when that course will be open to the public. But whenever I get updated information, I will relay that to you all!
Hi I like your videos ! I would like to sign up for the class
Can you do videos on how to check reports?
That's a great idea - I'll add it to my list :)
Hi Rachael, what software do you use for your bookkeeping please?
Mostly QuickBooks :)
I'm not completely certain on how Ima go about doing this but I think I should find a list of reasons why a bank reconciliation goes awry, even by a few pennies. For lack of better words I think 1 reason is b/c of inflows & outflows in transit. I can't think of any other reasons
I'm thinking another reason could be inaccurate info entered into 1 or more journals, like from a source document
Your video is very nice!!! You should use a service such as Promo>SM!!