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BOOKKEEPING BASICS: 7 Steps to Get You Started

Name: BOOKKEEPING BASICS: 7 Steps to Get You Started
Uploaded: 2023-05-23T08:35:05+00:00
Duration: 9 min 16 s

Accounting Stuff

👉 Confused by accounting? Download this free cheat sheet: https://accountingstuff.com

Are you tired of struggling with bookkeeping? Join me as I unveil a simple 7-step guide to conquer your finances.

I'll show you how to get started and maintain an effective bookkeeping system. Plus, you'll discover my two bonus tips that will set you up for success!

Don't miss out – watch now and together we'll conquer bookkeeping once and for all!

🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel

🔗VIDEO LINKS

▪ Accounting Basics video → https://youtu.be/yYX4bvQSqbo

▪ Bank Reconciliation video → https://youtu.be/zhmO3DM3YiY

🔝 CLOUD ACCOUNTING SOFTWARE

▪ XERO (Free Trial / Discount) → https://xero5440.partnerlinks.io/08mfchsgfw8z

▪ QuickBooks Online USA (Free Trial / Discount) → https://geni.us/quickbooksonlineusa

▪ QuickBooks Online Canada (Free Trial / Discount) → https://geni.us/quickbooksonlinecanada

▪ Freshbooks → https://www.freshbooks.com/

▪ Wave Accounting → https://www.waveapps.com/

▪ Sage → https://www.sage.com/

⏱️TIMESTAMPS

00:00 - Intro

00:13 - What is Bookkeeping?

01:11 - STEP 1: Separate Your Business & Personal Transactions

01:49 - STEP 2: Choose A Bookkeeping System

03:05 - STEP 3: Single-Entry Or Double-Entry Bookkeeping

04:28 - STEP 4: Cash Method Vs Accrual Method Of Bookkeeping

05:25 - STEP 5: Recording Transactions

06:11 - STEP 6: Sorting Transactions

06:55 - STEP 7: Storing Transactions

07:53 - BONUS TIP 1: Budget For Taxes

08:27 - BONUS TIP 2: Do Regular Bank Reconciliations

🔎FAQ

▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m

🎬LEARN ACCOUNTING BASICS FOR FREE

▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb

🚶FOLLOW ME ON

▪ Instagram → https://www.instagram.com/accountingstuff

▪ TikTok → https://www.tiktok.com/@accounting_stuff

▪ Facebook → https://www.facebook.com/thisisaccountingstuff/

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DISCLAIMER

Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!

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