Bookkeeping & Accounting

Track miles, send invoices, manage your expenses and cash flow, and see your profit and loss. Run your small business on the go with the QuickBooks Online Accounting app, trusted by over 3.3 million small businesses worldwide. Learn how you can run your business from anywhere at: https://quickbooks.intuit.com/ #QuickBooks The world’s largest workforce works for themselves. We work for them by providing smarter business tools. QuickBooks #BackingYou. We have over 100 step-by-step tutorials to help you master QuickBooks. Browse our entire library by topic: Getting Started - https://bit.ly/2PaHuGz Accounting Basics - https://bit.ly/2Jc5dSX Sales - https://bit.ly/2Weq7WV Invoicing - https://bit.ly/2JelfeQ Expenses - https://bit.ly/31HK89r Reports - https://bit.ly/2MADTzM Reconciliation and Preparing for Tax Season - https://bit.ly/2MAfydj Managing Inventory - https://bit.ly/2W8NQaH Projects (without QuickBooks Payroll) - https://bit.ly/2P9UWdF Projects (with QuickBooks Payroll) - https://bit.ly/2W5Tjio Visit QuickBooks.com https://goo.gl/ctQRCV. Subscribe to our YouTube channel: https://goo.gl/jY1fyz

In this video, we explain basic bookkeeping for small business owners. FREE Excel Income Statement template to do your own bookkeeping: https://bit.ly/3ftOLyb To all the entrepreneurs rolling up their sleeves to do their own bookkeeping, we salute you! This is for you. We walk you through the basics of what bookkeeping is, why it matters, and the seven key steps to getting your own bookkeeping process off the ground. *** Check Out These Other Videos You Might Like: ▪ How to Read a Balance Sheet (and Make Your Own): https://youtu.be/Yv1W683IaVc ▪ Cash Flow Statements 101: https://youtu.be/wROrC2sHd8k ▪ Bench: Bookkeeping Done For You: https://youtu.be/guoTHOqPS9k Helpful Resources: ▪ Intro to Small Business Accounting 101: https://bit.ly/31LkSBw ▪ Bookkeeping Basics for Entrepreneurs: https://bit.ly/3dAzclO ▪ Tips for Automating Your Accounting Admin: https://bit.ly/3Pp3QAL Let us know your thoughts about bookkeeping for small business owners in the comments below, and don’t forget to subscribe to our channel for more helpful tips for small business owners. *** Timestamps: 0:00 - Introduction 0:28 - Definition of bookkeeping 0:43 - Why bookkeeping matters 2:24 - Separating business and personal expenses 2:54 - Choosing between single entry and double-entry accounting 4:04 - Choosing between the cash and accrual method of accounting 4:46 - Choosing a bookkeeping system 6:01 - Organizing and storing documents 6:43 - Making bookkeeping a habit *** Join Our Growing Community Of Small Business Owners: Facebook: https://www.facebook.com/BenchAccounting/ Instagram: https://www.instagram.com/benchaccounting/ Twitter: https://twitter.com/bench LinkedIn: https://www.linkedin.com/company/benchaccounting/ *** How Bench Can Help: Try us for free - we’ll do one month of your bookkeeping and prepare a set of financial statements for you to keep: https://bit.ly/2Wt6MoY With Bench, you get a bookkeeping team to complete your monthly books and help you make decisions to support the best interests of your business. We’ve helped thousands of small business owners take back more time to focus on doing what they love! With Bench on your team, you’ll have properly completed books to help you: 1. Get real-time insights into the financial health of your business 2. Manage your expenses with detailed expense tracking 3. Use bookkeeping records for loan applications and loan forgiveness 4. File your taxes at tax time with our annual financial package, and make the most of your tax deductions Plus, if you ever have questions, your dedicated team of experts are just a quick message away in the Bench app. *** About Bench: We're an online bookkeeping and tax prep service powered by real humans. With Bench, you get a dedicated team of experts to track every detail for you. Your bookkeeping team imports bank statements, categorizes transactions, and prepares financial statements every month. Come tax season, we can handle the tax prep and filing, and even offer year-round tax advisory support. #Bookkeeping #Accounting #SmallBusiness

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Learn how to email invoices, receive payments, reconcile online banking transactions and a whole lot more on your mobile device! We’ll walk you through everything on iOS so you can get more done with instant access to your QuickBooks information and tools. Available for iOS and Android devices. Start for free at QuickBooks.com. https://goo.gl/ctQRCV Run your whole business better with QuickBooks. Be sure to subscribe to our YouTube Channel and if you have any questions, feel free to leave a comment! #QuickBooks Subscribe for more QuickBooks! https://goo.gl/jY1fyz Visit QuickBooks.com for the latest! https://quickbooks.intuit.com Follow us on Facebook: https://www.facebook.com/IntuitQuickBooks Follow us on Twitter: https://twitter.com/QuickBooks Follow us on Instagram: https://www.instagram.com/quickbooks

Are you trying to create or justify a position in your business to help with your business accounting? Do you need a bookkeeper or an accountant? Here are the 5 key differences in our opinion of both.

The new Account Reconciliation experience has arrived. It’s now easier than ever to get your accounts reconciled, and feel confident about the accuracy of your books at tax time. With this update, you can add missing transactions, edit, merge or delete duplicates - all within the account reconciliation view. Check out the guide to reconciliation here: https://support.waveapps.com/hc/en-us/articles/208621636 Join in the discussion in the forum here: https://community.waveapps.com/discussion/5609/reconciliation-reimagined-