Learn the Basics of Bookkeeping [FREE QuickBooks Training]
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- čas přidán 3. 07. 2024
- Bookkeeping Basics plus Quickbooks Training!
Sign up with Quickbooks using this link for a STEEP discount off the regular price!: bit.ly/qbmycpa
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Outline:
Intro: (0:00)
What is Bookkeeping?: (1:06)
Why is Bookkeeping Important?: (1:27)
How does Bookkeeping Work?: (2:40)
QBO Subscription Overview: (4:25)
Chart of Accounts: (4:56)
Connect Your Bank Account: (7:58)
Classify Transactions: (9:35)
Reconcile: (10:43)
Run Reports: (13:09)
Recap: (14:46)
If you are completely lost on where to start on managing the finances of your business, START HERE!
This video is all about training business owners on the basics of Quickbooks and bookkeeping in their business.
Watch to learn more.
Subscribe: bit.ly/2HJlq46
Cash vs Accrual Accounting video:
• Cash vs Accrual Accoun...
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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).
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This was tremendously helpful and explained so well that I have overcome my fear of attempting Quickbooks! This young lady is a very impressive and effective teacher. Thank you Lyfe Accounting!!!
I ditto this statement! Thank you so much!
This is literally the only useful explanation of quickbooks on the entire internet. Thank you so much for doing this.
Two thumbs up for this video you covered what I had to learn in 7 months in 15 minutes
This video was BEYOND helpful for me as a beginner! Thank you immensely!
Are you a mentor/coach? You’ve broken this down perfectly
This is an excellent introduction to bookkeeping and QuickBooks. She explains the concepts for anyone to understand. Great video!
The clearest, most helpful overview video ever! Thank you so much!
I have been really enjoying watching these videos. I want to do online book keeping business for my part time job. This channel is motivating me.
did you open your bookkeeping busines?
Very educating video. Thanks Ma'am, you just simplify the entire circle of financial accounting using QuickBooks in one video. I would watch this severally to begin my bar ground knowledge in bookkeeping using QuickBooks.
This is exactly what I need, thank you for all of the valuable information this channel provides for business owners!
This was really good. You made it plain and it was very easy to follow. Thank you.
girl why did i understand this? ?
Thank you, for keeping it simple.
I swear this channel is the best
Thank you so much for this valuable content. Please make more book-keeping and accounting videos. 🙏🏼😊🍃
Excellent presentation! Lyfe Accounting is in good hands!
Very very very helpful. Your break down is amazing.
Thank you! GOD bless you! You are phenomenal!!!😊❤🔥🎉
Well done, very simple to understand, Thank you
Thank you. Great explanation!
Wooooow!🎉🎉🎉 This video is so explicit and concise! Thank you so much, I feel more confident to tackle Quickbooks now.
This was great. Thank you. Yes, for the reconcile video
Thank you for sharing your knowledge about quickbooks
Thank you...Thank you...and THANK YOU!! This should've shown up at the top of my screen as I'd already clicked other videos that danced all around the topic I needed help with. This was straight to the point, full rundown step by step, and had clear explanations for each step. I will be checking out more of your videos. Great job!
absolutely love the presentation ☺
thank you so much I'm happy to know more about other accounting software
Thanks for this video tutorial, it is very useful. I'll just have to paly it over again to train myself further.
Thank you so much. This video is so helpful for me.
This was so informative, Thank you!
Great job 🎉...very smooth!
This was a great tutorial made so simple and effective, thank you 😊
Your awesome.
Best step by step video on how to do bookkeeping in quickbooks
very helpful to someone starting from scratch! thanks
Very clear explanation. Thank you!
Great information and video. Thank you for help small business.
I thank you 10 billion times
, thank you I save time and money . Keep up well explained exactly what missed for years.
Thanks.. this video will help change my life!
Excellent video 😊Thank you!!!
Love the clarity of your presentation. Just about to start the book keeping for my business. Interested in using quickbooks. Need more advise
Thank you for describing how can use accounting in QuickBooks online .Thanks again dear
Great video! This was a very helpful summary!
Thank you 🙏🏾💎
Great overview of how to use Quickbooks for your business.
Great job on the explanations! Thank you for the post. Very helpful
Glad you enjoyed :)
Thank you so much for your every clear explanation. Beautiful eyes
Thanks I'm sure I'll have questions on finding any differences between QB and Bank. Very helpful!
She’s so pretty I had to go audio to stay focused!!! Super well done, very helpful, thanks!
Bookkeeping is simply the process of keeping track of the financial transactions in your business.
Thank you👑
Awesome content! This is a big help in managing business finances. Thanks for this!
Glad you enjoyed it!
Great video and very helpful
Excellent mini course on Quickbooks!!! Great Job
I appreciate you!
You are amazing!
awesome, thank you!
Nice Info, thanks for sharing, It was beyond helpful for me
Please do a video for troubleshooting bank recs. I enjoyed this video.
Please continue making videos using quick books
It sounds soooo easy. I have been trying to learn QB. And... It's been failed. Thank you. I will follow your YT.
Thank you
Great content! thanks
Thanks for this information I enjoyed to his video
Very great video.
Great and informative
Oh How I just love you lol thank you 🙏🏾
Gorgeous + Smart = Winner
It was great .I think Chart of Accounts should discus more slowly & practically.
LYFE ACCOUTING AWESOME 😃😃😃 lyfe accounting can you do a introduction on reconciliation when doing bookeeping. Making sure it matches that would be awesome!!!
Thank u
Good video
Goodyear video thanks forma letin us know. I Will continiu watching you work. Ismael Barreto
Please make more on bookkeeping on qbo!
Im a Filipino aspiring Virtual assistant (no experience working remotely) with a niche in bookkeeping and educational background in accounting.
I have Quickbook and Xero Proadvisor certificate and also other workshop certificates that I attended .
But since I still dont have experience working with actual clients and hands on in QBO,I am still not that confident with my skills,
If anyone offering a virtual job with minimal supervision, please consider me , Im willing exert my effort and time.
Thank you
You should do all the videos 😏😜
I use Wave for my bookkeeping, could you do a video on using wave to get a better understanding please?
Youre amazing at explaining and so sweet and so pretty too:) thanks.
Hi! I will like to know more about fixing a reconciliation please.
This has helped tremendously! I was afraid of QB’s buy now I’m ready to tackle our business finances. One question, should Owner’s draws be added to the Chart Of Accounts? This will show the owners monthly income for personal things (mortgages, auto loans, etc) correct?
I like it! brilliant girl ! do you have more videos? please share something else
Should i put some of my own personal money/equity into my business bank acct. To use for like business dinner meetings / vacay travel expenses? Or do i keep that separate and just pay with my personal checking? To write off on my taxes?
thanks for your simple and easy to understand tutorial about bookkeeping, I just want to ask if taxing is included in a bookkeeper task?
Hello thank you for this information😊Do you teachable beginners class on bookkeeping for tax preparers? Thank you
Hi! I'm a new business and need to do everything out of a binder. Is there a video for setting up a old school business budget?
Thank you. I guess every QuickBooks Software is different.
Can you do one of these for Freshbooks
@LYFE Accounting can you tell me in which software you edit your video it is one of best video on Quickbooks
Thank you. Do you coach.?
What do you think of zoho books, corpay one, and bluevine checking?
thank you for great video. How I can add up prior years receipts and transactions in chart of expenses. I have hard copies of bank transactions and expenses receipts..Please help..I need to give expenses details it to my accountant.
❤❤❤❤
If I wasn't engaged with this new accountant firm, I would be interested in hiring you as my company's CPA, their contract is only 12 months, so we will see what happens end of the year.
Cash business such as hair cuts and salon where there's no receipts how do we put that information into the system?
I have a venmo account for business credit/debits which is not linked to QB. Currently when I reconcile I use the bank statement which does not include the venmo transactions. Although the venmo debit/credits are added to QB via transfers which distorts the ending balance. What is the recommended process for incorporating venmo into QB?
Do we need certification for bookkeeping to get a job?
How do I input the payroll into QB? since I use a company for payroll, thank you
👍🔥🔥
Do bookkeepers make payments on the company’s behalf?
Thank you so much for putting up this video.
1. Please under what category would I classify business transactions that I used my personal credit card to purchase before I registered my LLC & opened a business account?
I will greatly appreciate your favorable response.
Thank you so much
Add a note to the memo in your Quickbooks. This transaction would be like a loan in your business account. In your personal account, you should classify it as Business. It's tough to keep all this clean.
Moving forward it is better to make a deposit into your business account (keeping record of it) from your personal. Then spend only from the business account for your business transactions. Does this make sense? Hope so. 🙌🏾
@@shantoriascherrie7938 Yes, it makes sense. Thank you so much.
I have a business Account now with good amount of deposit but the business transactions that I made and was taking about was registering for the LLC , paying for the domain name and other others before I could even open a business account
@@shantoriascherrie7938 What if we purchased furniture and products with our personal account before opening a business account? How would we categorize that on Quick Books or what would I label it as? Do I need receipts as well to add it as proof?
is this all the needed skill to be able to work as a bookkeeper? like all that you teach in this video?
I have a question. Is it mandatory to connect your bank account to be able to correctly use Quickbooks? Thanks