Simple bookkeeping system for small business QuickBooks

author Accounting Instruction, Help, & How To   1 нед. назад

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How I Organize My Business Finances, Taxes, etc. (THE BASICS!)

I hope you enjoy this beginner's overview into small business finances / legal stuff / taxes. Be sure to look into Quickbooks which has been an absolute lifesaver for me! QUICKBOOKS: MENTIONED ▸ quickbooks | WHAT'S NEXT ▸ subscribe to my youtube channel | ▸ check out my blog | ▸ sign up for my emails (& get free stuff!) | FOLLOW ▸ instagram | ▸ twitter | ▸ pinterest | WORK WITH ME ▸ design services | MY FAVES ▸ etsy - open a shop + get 40 free listings | ▸ shopify - try for free for 14 days | ▸ printful - for order fulfillment + shipping | ▸ quickbooks - for simple bookkeeping | ▸ squarespace - for starting a blog or website | ▸ canva - free graphic design website | DISCLAIMER ▸ This is NOT a sponsored video. ▸ Some affiliate links are used, which means that I earn a small commission if you click the link and make a purchase.

Accounting vs Bookkeeping

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Bookkeeping 101

This one is an oldie, but a goodie. We've had this video in past versions of QuickBooks for Mac. It's a little dated in the look and feel, but still has some great information. If you're brand new to running your business with QuickBooks, it's a good intro to some basic concepts. In this video, Tom Dorr of the Small Business Development Center uses the example of the Avenue Bread and Deli to show you the basics of bookkeeping for your business. [Editor's note: I edited out the long intro to get right to the heart of the video. You don't miss much, just an introduction to Wendy and her bakery. But you'll hear Tom talk about them so I didn't want you thinking, "What's he talking about? Who is Wendy?"]

Small Business Basics : How to Understand a Profit-Loss Statement

Understand a profit-loss statement by examining where a company spent money, how much money was spent and the net sales of the company. Use profit-loss statements to get a picture of the health of a business with information from a small business owner in this free video on running a business. Expert: Justyn Hornor Contact: Bio: Justyn Hornor has been a small business owner for more than nine years.

Simple bookkeeping system for a small business or small bookkeeping practice. When we set up a bookkeeping system, whether it be our baseness or a client, we need to specialize the service to the needs of the business.
We will set up a bookkeeping system designed for small businesses and discuss the types of businesses our bookkeeping system will work well for.
Small businesses often need to compile financial data in a fast and easy way so it can be used to create financial statement, often for tax preparation at year end. The main financial statement needed for tax preparation is the income statement or profit and loss, a list of income and expenses, the bottom line being net income.
We will set up a cash basis system where most of the financial data is gotten from the bank statement and entered directly into QuickBooks using the cash register.
For more accounting information see accounting website.

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