Looking for a simple way to track your small business finances? Hi, I'm Llana, a small business owner based in the Philippines. Whether you're just starting or already BIR registered, this video is for you! š·
š PART 1: For business owners who are not yet BIR registered, Iāll show you how to use my FREE Google Spreadsheet template to track your daily transactions and automatically calculate your monthly income, expenses, and profit/loss. Perfect for side hustles, online sellers, and beginners!
š PART 2: For BIR Registered businesses, Iāll teach you how to properly fill out the 4 required books of accounts:
- General Journal
- General Ledger
- Cash Receipts Journal
- Cash Disbursements Journal
Iāll guide you using my actual small business transactions, so you can finally understand how to write them in your Valiant notebooks (or any brand you have)!
š° OTHER VIDEO/ARTICLE TO CHECK ABOUT BOOKKEEPING:
- VID ABOUT POSTING JOURNAL ENTRIES TO LEDGER
- Books of Accounts BIR: Guide to Registration, Filling Up, and Record-Keeping
ā²ļøTIMESTAMPS:
00:00 - Intro (What's this video about?)
01:02 - Part 1 (GSheet Income Tracker for Business Owners)
03:52 - Part 2 (Tutorial of 4 Books of Accounts)
05:03 - Book 1: General Journal
11:15 - Book 2: General Ledger
15:10 - Book 3 & 4: Cash Receipt & Cash Disbursement Journal
17:18 - Outro (Gratitude for viewers)
17:28 - Links to check for more discussion about books of accounts
#SmallBusinessPH #BookkeepingPH #BIRBooksOfAccounts #HowToTrackSales #IncomeExpenseTracker #BusinessTipsPH #OnlineSellerPH