Home
Search results “Bookkeepers record every purchase”
How To Keep Track of Your SALES & EXPENSES! // Small Business Owners
 
11:35
Learn how to keep track of your sales and expenses! *Download the Bottomline App Here: http://goo.gl/pjKQyc Visit: https://www.bottomlinehq.com/ _____________________________________________________________ I hope you all enjoyed and found this video helpful! Bottomline is perfect for any small business owners (e.g. Boutique Owners, Photographers, Wedding Planners, Consultants, etc.). As a traveling Boutique Owner, Bottomline has helped me stay organized and keep track of my sales, customers, and expenses! I love the fact you can keep track of all of your different sale outlets! This is great if you sell on Amazon, Ebay, Etsy, Poshmark, Vinted, Tradesy, Pop-Up Shops, Festivals, Website, etc. ================================================== Let's Be Friends! Website: http://www.MonikaRoseSF.com Instagram: @monikarosesf Snapchat: itsmonikarose Twitter: itsmonikarose FaceBook: Monika Rose San Francisco Pinterest: @monikarosesf Poshmark: @itsmonikarose Vinted: @itsmonikarose _______________________________________________________________ Coupon Codes: -My Boutique: 20% OFF your entire purchase. Code: YouTube20 http://www.MonikaRoseSF.com -Poshmark: $5 Credit when you join. Code: HJYKH -*JustFab: Deal on my favorite shoe website. http://goo.gl/nC3NJB -Rocksbox: 1st month FREE. Use Code: monikarosesxoxo http://www.rocksbox.com ====================================================== Business Email: [email protected] New PO Box coming soon! ---------------------------------------------------------------------------------------------------------. FTC: This video was sponsored by Bottomline. I am so excited to be able to work with a company I have truly enjoyed, and have the opportunity to share it with you all! :) *Some links are affiliate links.
Views: 23619 MonikaRoseSF
Accumulated depreciation
 
02:23
What is accumulated depreciation? Accumulated Depreciation is the title of the contra asset account on the balance sheet which is used when depreciation expense is recorded each accounting period. Let’s review how accumulated depreciation works with an example. Let’s take a fixed asset which we purchased for $100,000 and use for 5 years. When we bought the fixed asset, we put it on the balance sheet for its full value. When we start using it, assuming we use linear depreciation and a residual value of 0, we book a cost of $20,000 per year as a debit in our income statement (or P&L), and the offset of that journal entry is a credit to a balance sheet account called accumulated depreciation. If you want to know the book value or carrying value of the fixed asset at the end of year 1, you net together the historical cost of the fixed asset on the balance sheet, and the accumulated depreciation on the balance sheet, which is $100,000 minus $20,000, so the net book value equals $80,000. This information is recorded in two separate accounts, as you want to preserve the information of what you originally spent to purchase the asset, and what you have depreciated on it history-to-date. In year 2, you repeat the same depreciation journal entry, and get to a book value of $60,000. And on and on for years 3, 4 and 5. The difference between depreciation expense and accumulated depreciation is that depreciation expense appears as an expense on the income statement, and accumulated depreciation is a contra asset reported on the balance sheet. The income statement is reset to zero at the start of every year, so you start with zero in depreciation expense every year, and build it up in twelve monthly increments. The accumulated depreciation amount on the balance sheet keeps growing over the years, all the way to the point that the fixed asset is fully depreciated, or the point where you sell the fixed asset at, above or below book value. Would you like to learn more about depreciation? Check out my 9 minute video overview: https://www.youtube.com/watch?v=6SY8s1_OEro&t=2s&index=7&list=PLKbmcnUUQMllPKuD60uUwrefKYXRbl8Jy Philip de Vroe (The Finance Storyteller) aims to make strategy, finance and leadership enjoyable and easier to understand. Learn the business vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better stock market investment decisions. Philip delivers training in various formats: YouTube videos, classroom sessions, webinars, and business simulations. Connect with me through Linked In!
Accounting Equation - Double entry book keeping(Dual Aspect Concept):- by kauserwise
 
28:02
▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Paypal a/c : www.paypal.me/kauserwisetutorial [Every contribution is helpful] Thanks & All the Best!!! ─────────────────────────── Here is the video about Accounting Equation - Double entry book keeping(Dual Aspect Concept)with solved problem To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 279883 Kauser Wise
Bookkeeping Habits Every Business Owner Should Adopt
 
01:29
Not making bookkeeping task your habit may lead you to poor cash flow management and improper tax filing. You need to either hire a bookkeeper or purchase good accounting software to keep your financial records up-to-date. This video shares some good practices that every small business owner should adopt to drive business growth. Looking for a bookkeeper? Visit us: https://www.cogneesol.com/bookkeeping-services Write to [email protected] or Call at +18333133143 (toll-free)
Views: 33 Cogneesol
Accounting Entry for Credit Purchase
 
02:56
Did you liked this video lecture? Then please check out the complete course related to this lecture, ACCOUNTING BASICS A COMPLETE STUDY with 300+ Lectures, 28+ hours content available at discounted price (only Rs.640)with life time validity and certificate of completion. https://www.udemy.com/fundamentals-of-accounting-a-complete-study/?couponCode=YTBABCS57 ---------------------------------------------------------------------------------------------------------------- Welcome to one of the comprehensive ever course on Accounting Basics. This course starts from “What is Accounting”, “Need for Accounting” to various Practical aspects in Accounting. Enjoy lectures for each and every concept in accounting presented in digital hand written format followed by Solved Case Studies Video. New videos are being added at frequent intervals and this course will be the longest one in Accounting soon. ---------------------------------------------------------------------------------------------------------------- Welcome to Accounting Basics - A Complete Study Course! This is one of the comprehensive course in Fundamentals of Accounting covering theory as well as practice. In this course, you will learn Fundamentals of Accounting, step by step covering the following: Section 1: a) Introduction to Accounting; b) Book Keeping; c) Accounting – Objectives and Process; d) Accounting Cycle; e) Accountancy, Accounting and Book Keeping; f) Users of Accounting Information; g) Branches of Accounting; h) Basic Accounting Terms; i) Basic Assumptions in Accounting; j) Basic Concepts in Accounting; k) Modifying Principles of Accounting; l) Accounting Standards; Section 2: m) Double Entry System in Accounting; n) Accounting Equation; o) Golden Rules of Accounting; Section 3: p) Source Documents; q) Cash Memo; r) Invoice; s) Receipt; t) Debit Note; u) Credit Note; v) Pay in Slip; w) Cheque; x) Vouchers; Section 4: y) Books of Original Entry; z) Journal and Format aa) Steps in Journalising; bb) Journal Illustrations; cc) Compound Journal Entry; Section 5: dd) Ledger; ee) Utility of Ledger; ff) Format of Ledger; gg) Posting; hh) Procedure for Posting; ii) Posting of Compound Journal Entry; jj) Posting the Opening Entry; kk) Balancing an Account; ll) Significance of Balancing; mm) Balancing of Different Accounts; nn) Procedure for Balancing; Section 6 - covering Trial Balance and Final Accounts. This course is structured in self paced learning style. Video lectures are used for delivering the course content. Take this course to create strong foundation in fundamentals of accountancy. • Category: Business What's in the Course? 1. Over 206 lectures and 20 hours of content! 2. Understand need and importance of Accounting 3. Understand Book Keeping, Objectives and Advantages 4. Understand Accounting Process, Accounting Cycle, 5. Understand Users of Accounting Information 6. Understand Branches of Accounting 7. Understand Basic Accounting Terms 8. Understand Accounting Assumptions, Concepts and Principles 9. Understand Rules of Accounting 10. Understand Journal, Ledger, Trial Balance and Final Accounts Preparation Course Requirements: 1. No basic knowledge is required 2. Students can approach this course with fresh mind Who Should Attend? 1. Any one interested in Learning Accountancy 2. Accounting / Finance / Science Students 3. Entrepreneurs
Views: 17748 CARAJACLASSES
Bookkeeping
 
02:21
Bookkeeping So what goes on the accounting and bookkeeping departments? What do these people do on a daily basis? Well, one thing they do that's terribly important to everyone working there is Payroll. All the salaries and taxes earned and paid by every employee every pay period have to be recorded. The payroll department has to ensure that the appropriate federal, state and local taxes are being deducted. The pay stub attached to your paycheck records these taxes. They usually include income tax, social security taxes pous employment taxes that have to be paid to federal and state government. Other deductions include personal ones, such as for retirement, vacation, sick pay or medical benefits. It's a critical function. Some companies have their own payroll departments; others outsource it to specialists. The accounting department receives and records any payments or cash received from customers or clients of the business or service. The accounting department has to make sure that the money is sourced accurately and deposited in the appropriate accounts. They also manage where the money goes; how much of it is kept on-hand for areas such as payroll, or how much of it goes out to pay what the company owes its banks, vendors and other obligations. Some should also be invested. The other side of the receivables business is the payables area, or cash disbursements. A company writes a lot of checks during the course of year to pay for purchases, supplies, salaries, taxes, loans and services. The accounting department prepares all these checks and records to whom they were disbursed, how much and for what. Accounting departments also keep track of purchase orders placed for inventory, such as products that will be sold to customers or clients. They also keep track of assets such as a business's property and equipment. This can include the office building, furniture, computers, even the smallest items such as pencils and pens. Keywords : accounting articles,accounting assistant,accounting assistant job description,accounting aid society,accounting apps,accounting analyst,accounting associations,accounting assumptions,accounting abbreviations,accounting accrual,accounting basics,accounting books,accounting big 4,accounting balance sheet,accounting bls,accounting blogs,accounting basics pdf,accounting busy season,accounting business for sale,accounting basis,accounting coach,accounting cycle,accounting careers,accounting certifications,accounting clerk job description,accounting courses,accounting calculator,accounting clerk,accounting connect,accounting career path,accounting degree,accounting degree online,accounting dictionary,accounting definition,accounting debits and credits,accounting degree jobs,accounting description
Views: 169 Mas Rohman
How to Setup Your Restaurant Accounts
 
07:51
If your Sales, CoGS (Cost of Goods Sold) and Inventory accounts are not setup properly and match perfectly, your are likely calculating all your numbers wrong including food and beverage costs. To learn more please either watch the video above or click the link below to read the transcript or listen to the podcast on my website. Also, please leave your questions or comments I will answer them all. LEARN MORE ABOUT THE SOFTWARE: http://therestaurantboss.respond.ontraport.net/software-beta-application WATCH THIS VIDEO ON OUR WEBSITE: http://therestaurantboss.com/setup-your-restaurant-accounts/ FREE RESTAURANT TRAINING TIPS: http://TheRestaurantBoss.com MORE FREE RESTAURANT TRAINING TIPS: http://RestaurantProfitandPerformance.com SUBSCRIBE: http://www.youtube.com/subscription_center?add_user=gromfinboss At The Restaurant Boss, I post weekly training tips for restaurants and bar’s. Tips range from food and labor cost, to restaurant specific marketing and management. I welcome you to check it out and sign up for my FREE video training series. LET’S CONNECT! Facebook - http://facebook.com/TheRestaurantBoss Twitter - https://twitter.com/RyanGromfin Instagram - http://instagram.com/ryangromfin MORE GREAT VIDEOS https://www.youtube.com/user/gromfinboss Please be sure to like this video and leave your comments or questions below as well as share this video with your friends, co-workers and other restaurant owners, managers and operators. I promise to respond to every comment or question! Thank you, Ryan Gromfin The Restaurant Boss http://TheRestaurantBoss.com
Views: 41048 The Restaurant Boss
The 5 essential bookkeeping tasks you should be doing every day
 
04:33
These are the daily habits you must learn if you want to do your own bookkeeping. ______________________________________________________ Download my free cheat sheet - QuickBooks Online Bank Feeds in 5 Minutes a day https://bit.ly/2MotEMp Download the Daily 5 in 5 checklist https://bit.ly/2QGYsum Check out my blog at 5MinuteBookkeeping.com for the best free QuickBooks Online training, tutorials, tips & tricks to help you minimize bookkeeping and maximize profits. http://bit.ly/2A4dCBe Join my community of like-minded bookkeepers and ask the group and me questions - join our FaceBook group at http://bit.ly/2Am1lLQ Do you need help from a QuickBooks Online expert? https://bit.ly/2lCmOqY
How to account for inventory cost & cost of goods sold. Ebay & Amazon
 
21:30
I AM NOT A CPA. I AM NOT A LICENSED TAX AGENT. Please seek professional help if you need it. How to account for inventory and costs of goods sold when selling on eBay & amazon. Thanks for checking out my channel. Make sure to subscribe!! For 1 on 1 coaching Pricing & Availability Email me: Rockstarflipper @Gmail.com JOIN THE FREE FACEBOOK RESELLER GROUP- (questions answered 24/7 from members) https://www.facebook.com/groups/689595301181796/ VIP (paid) Facebook Group- https://www.facebook.com/groups/263997070772761/ *Ebay/Amazon Equipment Photo Lighting Kit- http://amzn.to/2mEdSQq Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Photo Background- http://amzn.to/2xCBnBD Shipping Tape Gun- http://amzn.to/2s7rc6f Poly Mailers - http://amzn.to/2iVae2t Bubble Mailers - http://amzn.to/2iVcUgt Thermal Printer- http://amzn.to/2mqkhST Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Video Game Cleaner- http://amzn.to/2jD08Iy *Youtube Equipment: Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter- http://amzn.to/2tKN6NU Logitech Webcam - http://amzn.to/2iZcLc7 Canon G7X II Vlog Camera- http://amzn.to/2ujOgwH Memory Card- http://amzn.to/2xBPDdD Flexi Tripod- http://amzn.to/2xBmuiL Back Up battery canon G7X- http://amzn.to/2wQ1cPG MacBook Pro- http://amzn.to/2xCaUEn (Disclosure, these are amazon affiliate links & I do get paid a small commission if you purchase using them) *My EBAY STORE- https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338069183&mpre=http%3A%2F%2Fstores.ebay.com%2FTheElectronixZone1 *Our personal Vlog Adventure channel- https://www.youtube.com/channel/UCYDfKwFzkHmnTfkHe_G8QcA *FOLLOW ME ON SOCIAL MEDIA: Facebook.com/Rockstarflipper Instagram.com/Rockstarflipper Twitter.com/Rockstarflipper News Theme by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Artist: http://incompetech.com/
Views: 15960 RockstarFlipper
bookkeeping 101, bookkeeping overview, basics, and best practices
 
01:02:06
ookkeeping 101, bookkeeping overview, basics, and best practices. bookkeeping 101, bookkeeping overview, basics, and best practices. accountants use the credits and debits recorded in ledgers or "books" prepared by bookkeepers to create a company's financial statements. in this course, we walk you through the four key steps in the bookkeeping process: analyzing, recording, summarizing transactions, and preparing financial reports. we explain the components of a journal entry (debits and credits) and the essential questions a bookkeeper/accountant asks in reviewing those transactions. we also explain how accountants translate ledger information into financial statements, and the role of computer programs such as quicken in helping businesses manage their accounts.
How to record daily sales in QuickBooks Online
 
12:03
Check out the blog post that goes with this video at http://bit.ly/2AFpSJo Free QuickBooks Online training with over 75 step-by-step tutorials and videos. https://bit.ly/2kFnR8Z Do you need help from a QuickBooks Online expert? https://bit.ly/2lCmOqY Join our Facebook community and get the free ultimate toolkit for bookkeepers, accountants, and SMB's. Topics include QBO training & cleanup, pricing, selling & getting clients, workflow, apps, and more. http://bit.ly/2Am1lLQ
Views: 36279 5MinuteBookkeeping.com
What Records Do I Keep As A Self-Employed Person?
 
02:43
An HMRC guide to Keeping Records as a Self Employed Person. Free online help is available from HMRC for businesses. We run live daily one hour help sessions, called Webinars, with time given to let you ask questions. We also have half hour recorded sessions that you can watch ay any time. All you need for access is a name and an email address. Go here to see the times and topics: http://www.hmrc.gov.uk/webinars/index.htm Go here to see what topics are in the recorded library: http://www.hmrc.gov.uk/webinars/pre-recorded.htm HMRC is the UK’s tax, payments and customs authority. We collect the money that pays for the UK’s public services and help families and individuals with targeted financial support. Why not ask a question or share your experiences on HMRC’s Small Business Forum? You can find it here: https://online.hmrc.gov.uk/webchatprod/community/forums/list.page Follow HMRC on social media: • Twitter: https://twitter.com/HMRCgovuk/ • Facebook: https://www.facebook.com/HMRC/ • LinkedIn: https://www.linkedin.com/company/hm-revenue-&-customs For help with general queries relating to any of HMRC’s products and services, talk to us on: • Twitter: https://twitter.com/HMRCcustomers/ • Facebook: https://www.facebook.com/HMRC/ Sign up for your Personal Tax Account. Join the millions of customers already using their online account to check and update their records and see their state pension details. It takes just 5 minutes at https://www.gov.uk/personal-tax-account
Views: 88338 HMRCgovuk
Business TAX TIPS from my CPA, Why Good Bookkeeping is Important & What to do with Surplus Inventory
 
01:08:23
Its that topic that few people like to talk about, taxes! But with tax season fast approaching, business owners like you need to know the most important information to stay productive. On this episode of The Amazing Seller, Scott invites Josh Bauerle back on the podcast to talk about all the relevant info sellers like you need to be aware of for the upcoming tax season. Together they cover why bookkeeping is so important, when to outsource a bookkeeper, what you can deduct as a business owner, what to do will inventory that won’t sell, what type of business entities to create and when, and so much more! You don’t want to miss a minute of this helpful episode! WHY GOOD BOOKKEEPING IS SO IMPORTANT. Any good builder knows that if you want to have a solid end product, you’ve got to have a quality foundation. That same truth applies to building a business, if you want to succeed, don’t skimp on the basics! On this episode of The Amazing Seller, you’ll hear from CPA Josh Bauerle as he shares the importance of good bookkeeping. According to Josh, part of the process of keeping organized books is having separate accounts for your business. You need to have a bank account that is specifically set aside for your business, not a mixture of business and personal use. That same principle needs to be applied to your use of credit cards too. Get more helpful advice regarding bookkeeping and much more from Josh on this episode! HOW DEDUCTIONS CAN HELP YOU SAVE BIG! Did you know, as a business owner, that you have a wide range of options at your disposal for deducting costs associated with your business? As a business owner who is likely running a large part of your business out of your home, there is a list of ways you can use deductions on everyday categories. For instance, you can deduct up to ten percent of your mortgage payments if you work out of a home office. You can also deduct utilities such as internet service and even travel costs! Learn more about tax deductions on this episode of The Amazing Seller with guest CPA, Josh Bauerle! WHAT YOU CAN DO WITH INVENTORY THAT WON’T SELL. Have you ever been told that you should buy up lots of inventory before the end of the year to use it as a tax write off? Is that sound advice? What should you do with inventory that you can’t seem to sell no matter what you do? On this episode of The Amazing Seller, Scott and his guest, CPA Josh Bauerle go over some helpful options to both scenarios for sellers like you to consider. For the first scenario, Josh says that you can not use the purchase of new inventory as a write off until that inventory has been sold. For the second scenario, Josh says that it is a good idea to consider inventory you can’t sell as “Scrapped Inventory,” this allows you to write off the cost of acquiring that product as long as you document that you’ve disposed of it. FOUR DIFFERENT TYPES OF BUSINESS ENTITIES YOU SHOULD CONSIDER CREATING. As you start building your ecommerce business, you might be left with the question of which business entity you should create. Which option is the best one to select at the stage you find yourself in? On this episode of The Amazing Seller, Josh Bauerle breaks down the four options of business entities you can create and roughly when is the most appropriate time to set them up for your business. The four entities you can create are; Sole Proprietorship or if you have a partner, a General Partnership. Limited Liability Company also known as an LLC. S Corporation. C Corporation. To hear Josh break down each option and when it would be best to consider creating the entity that is the best fit for you, listen to this episode to find out! OUTLINE OF THIS EPISODE OF THE AMAZING SELLER [0:03] Scott’s introduction to this episode of the podcast! [5:00] Why bookkeeping is so important for business success. [12:30] Outsource a bookkeeper. [15:00] What can business owners deduct? [25:00] Can you deduct inventory that hasn’t been sold? [28:00] What is “Scrapped Inventory?” [32:30] The question you should ask yourself when thinking through deductions. [35:30] Josh talks about the different types of entities that you can create. [47:00] How do you know which entity to create? [48:30] When do you have to collect sales tax? [55:00] How you can save money by running your business outside of the US. [58:30] Will the new US tax legislation impact Amazon sellers? [1:04:00] Closing thoughts from Josh. LINKS MENTIONED IN THIS EPISODE http://www.cpaonfire.com http://www.cpaonfire.com/firenation http://www.theamazingseller.com/fetcher http://www.taxjar.com Zero - https://zerofinancial.com/ Quickbooks Online - https://quickbooks.intuit.com/ Wave - https://www.waveapps.com/ GoDaddy Bookkeeping - https://bookkeeping.godaddy.com/ Bench Bookkeeping - https://bench.co/ GET THE FULL TRANSCRIPT HERE: https://theamazingseller.lpages.co/leadbox/143ba5ff3f72a2%3A16f89229ef46dc/5764705775779840/
Views: 812 The Amazing Seller
How to Maintain Daily Expenses in Excel | Expenses Record Maintain in Excel
 
12:29
How to Maintain Daily Expenses Record in Excel..... Subscribe our YouTube Channel :- https://www.youtube.com/channel/UCWagfeBIjizh9tKQV2tBnmg?sub_confirmation=1 .... Subscribe & Share this video …
Views: 223023 GyanNiti
Quickbooks Self-Employed Review
 
04:33
http://www.dyernews.com/quickbooks-self-employed-review/ If you're a freelancer, Uber driver, or self-employed in some other capacity, one thing you might not be prepared for is keeping track of your business finances. While the day to day might seem easy enough — money comes in, money goes out — being unorganized can come back to bite you hard come tax time. That's what I signed up for Quickbooks Self-Employed (QBSE) about a year ago and am here to share my full review. Resources: Quickbooks Self-Employed Review http://www.dyernews.com/quickbooks-self-employed-review/ Should You Be Paying Quarterly Estimated Taxes? http://www.dyernews.com/should-you-be-paying-quarterly-estimated-taxes/ Note: the sale mentioned in this video was accurate as of publication but is subject to change. *********************************************************************** Quickbooks Self-Employed includes five main sections: -Transactions -Mileage -Taxes -Invoices -Reports In Transactions, you can review all of your purchases via various debit, credit cards, or even add in cash payments. From there, you can denote whether each purchase was personal or for business. Additionally, you can transaction between multiple codes. On the Quickbooks app, you can even do this on the go, categorizing transactions by swiping left or right. For business transactions, you can further categorize your spending. This will come in handy when you're itemizing your tax deductions. If you really want to get organized, you can even attach photos of receipts so that you have all of your documentation in one place. Since going through each individual transaction can be tedious, Quickbooks allows you to set rules. For example, the software can be taught that any transactions from Staples should be filed under Business — Office Supplies. If you're new to the program, you'll also be happy to know that rules can be instated retroactively, saving you a ton of time. Mileage is another extremely helpful section of Quickbooks Self-Employed. Again, you have multiple documentation options including the ability to enter the reason for the mileage as well as the start and end point for the trip. Using the Quickbooks app, you can also turn on an auto-tracker that will save your trips and allow you to label them after the fact. Of course, taxes are one of the main reasons many freelancers and entrepreneurs get Quickbooks Self-Employed. Beyond the helpful itemization advantages, QBSE will also estimate your quarterly tax payments, which often plague new freelancers. In the event you're not required to pay quarterly taxes, there are support options for annual taxes as well. Ever get tired of generating invoices in spreadsheets and keeping track of what's been paid and what hasn't? Then you'll want to check out Quickbooks Self-Employed's invoices section. With just a few clicks, you can create and send invoices to your client. Additionally, you'll be able to keep track of these invoices all in one place so you don't miss a payment. Even better, you can sign up for Payments through Quickbooks, allowing your clients to pay you via credit card or debit cart. While bank transfers are free, fees on the seller's end do apply credit card transactions. However, at 2.9% + $.25 for each transaction, it may be worth the convenience. Finally, the reports section will make doing your taxes a breeze. You can generate a spreadsheet or in-browser report giving you an overview of your business spending or a more detailed tax report. Another available report is a profit vs loss statement. One minor gripe I have with Quickbooks Self-Employed was that sending these reports to my tax preparer and having them upload them to TurboTax didn't seem to be an option. It may be easier if you purchase a Quickbooks/TurboTax combo package yourself, but it seemed I was only able to send out a spreadsheet. Granted, this still saved a ton of time and hassle at tax time, but it could have been even easier. Overall, I would recommend Quickbooks Self-Employed to any freelancer, 1099er, or gig worker who, like me, needs help organizing their business finances. At about $10 (or less — a current sale is offering 50% off for the first six months), it's also very affordable. And, it should be mentioned, your monthly fee is tax deductible! A tip I'd give you about using the software is to keep up with your transactions. Even if you set a ton of rules, you'll likely still have a few outliers that need to be categorized. I'd recommend review these weekly or at least monthly — along with your mileage and income — to ensure that you're estimated tax payments are more accurate. Best of luck on all of your adventures in freelancing! Subscribe to [email protected] Product Reviews https://www.youtube.com/playlist?list=PLFfM5Lf816an_Ux9qetCn_0sy4FoK4naw
Views: 62402 Money at 30
How to record credit card and vendor refunds in QuickBooks Online
 
02:48
In this tutorial, I will show you how to record a refund from a vendor and a refund on a credit card. ___________________________________ Subscribe to get my latest videos. Download my free cheat sheet -QuickBooks Online Bank Feeds in 5 Minutes a day https://bit.ly/2MotEMp 5 essential bookkeeping tasks you should be doing every day. Download the Daily 5 in 5 checklist https://bit.ly/2QGYsum Check out my blog at 5MinuteBookkeeping.com for the best free QuickBooks Online training, tutorials, tips & tricks to help you minimize bookkeeping and maximize profits. http://bit.ly/2A4dCBe Do you have a question about QuickBooks Online? Join my community of like-minded SMBs and bookkeepers -join my FaceBook group at http://bit.ly/2Am1lLQ Do you need help from a QuickBooks Online expert? https://bit.ly/2lCmOqY Is it time to let an expert handle your bookkeeping? https://bit.ly/2lCmOqY Recommended playlists: Bank Feeds https://bit.ly/2TLyrvrBookkeeping DIY https://bit.ly/2SfGuinQBO Training https://bit.ly/2Ri0sJh
QUICKBOOKS FOR LANDLORDS- set up and overview
 
14:14
In this learn quickbooks training tutorial, you will get an overview of the quickbooks for landlords playlist course. You will explore the file that you can download that will go with this video. This video is part of a playlist "quickbooks for LANDLORDS "bookkeeping course that will show LANDLORDS how to use every feature of quickbooks that property owners would need. You can learn QuickBooks Free at www.marksmolen.com This is the best and clearest Quickbooks instruction online and the best QuickBooks tutorials to teach yourself QuickBooks. Consulting and tutoring available at affordable rates.
Views: 28969 worldwidequickbooks
Learn accounting and bookkeeping: Training Course 101 by Cheqbook
 
20:25
http://cheqbook.com for a free 30 day trial. Need an Accountant or Bookkeeper's help? Visit: http://cheqbook.com/assistance In this video you will learn why it is important to keep financial records for small or medium businesses. You will learn various accounting terms & their definitions. Including: Double Entry Accounting, Assets, Liabilities, Equity, The Fundamental Accounting Equation, Debits & Credits, Split Transactions, Chart of Accounts, Balance Sheet, Profit & Loss (P&L) Statement, Net Income, Income Statements and much more. The core of this training focuses on the Chart of Accounts and why that becomes important with everything accountants do. This training video is ideal for anyone that would like an introduction into theory, practice & every day practical application of accounting & bookkeeping.
Views: 11059 CheqbookAccounting
BEST Accounting Software for Easy Bookkeeping and Taxes + Business Expenses Live Look in!
 
13:38
➤ MUST WATCH Training About the Simplest Way to Build $10k+ in Passive Income: https://www.mikkelsentwins.com/free-training Every Single Tool That We Use to For Our Businesses (With FREE Bonuses): https://www.mikkelsentwins.com/resources Join Our Exclusive Mastermind Group: https://www.facebook.com/groups/LitFamGroup Enroll in Audiobook Income Academy: https://audiobookincomeacademy.com/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Hey! We are the Mikkelsen Twins and we're here to help you build an online business and change your fucking life. But before we can help you with that, first you have to do a few things: ✔️ 1. Subscribe to our YouTube Channel ✔️ 2. Turn ON Bell Notifications 🔔 ✔️ 3. Go Through Our Entire FREE Passive Income Training: https://www.mikkelsentwins.com/free-training ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Follow us on Instagram @Mikkelsentwins to see our cool fucking lives: http://bit.ly/MikkelsenTwinsIG **DISCLAIMER** I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.
Views: 514 Mikkelsen Twins
the double entry concept 4
 
37:21
the double entry concept 4. Every transaction has two effects. For example, if someone transacts a purchase of a drink from a local store, he pays cash to the shopkeeper and in return, he gets a bottle of dink. This simple transaction has two effects from the perspective of both, the buyer as well as the seller. The buyer's cash balance would decrease by the amount of the cost of purchase while on the other hand he will acquire a bottle of drink. Conversely, the seller will be one drink short though his cash balance would increase by the price of the drink. Accounting attempts to record both effects of a transaction or event on the entity's financial statements. This is the application of double entry concept. Without applying double entry concept, accounting records would only reflect a partial view of the company's affairs. Imagine if an entity purchased a machine during a year, but the accounting records do not show whether the machine was purchased for cash or on credit. Perhaps the machine was bought in exchange of another machine. Such information can only be gained from accounting records if both effects of a transaction are accounted for. Traditionally, the two effects of an accounting entry are known as Debit (Dr) and Credit (Cr). Accounting system is based on the principal that for every Debit entry, there will always be an equal Credit entry. This is known as the Duality Principal.
Views: 6885 be ngo
Quickbooks Owner Draws & Contributions
 
10:18
In this video, we demonstrate how to set up equity accounts for a sole proprietorship in Quickbooks. We also show how to record both contributions of capital and draws from equity by owners.
Views: 104870 PaperTrailFinancial
Bookkeeper for Uber & Lyft Drivers
 
00:41
This video is part of feature explanation of a series of apps. To get these app, follow the following link: Bookkeeper for Uber & Lyft drivers visit:https://play.google.com/store/apps/details?id=net.compuways.bookkeeper. Bookkeeper for restaurant business owner, visit:https://play.google.com/store/apps/details?id=net.compuways.bkrestaurant Bookkeeper for Salon business owner, visit:https://play.google.com/store/apps/details?id=net.compuways.bksalon
Views: 237 Zule Li
Debits and Credits: T Accounts | Intermediate Accounting | CPA Exam FAR | Chp 3 p 2
 
28:43
The accounting information system collects and processes transaction data and then disseminates the financial information to interested parties. To understand the accounting process, one must be aware of the basic terminology employed in the process. The basic terminology includes: event, transaction, account, real accounts, nominal accounts, ledger, journal, posting, trial balance, adjusting entries, financial statements, and closing entries. These terms refer to the various activities that make up the accounting cycle. Debits and Credits 3. Double-entry accounting refers to the process used in recording transactions. The terms debit and credit are used in the accounting process to indicate the effect a transaction has on account balances. The debit side of any account is the left side; the right side is the credit side. Assets and expenses are increased by debits and decreased by credits. Liabilities, stockholders’ equity, and revenues are decreased by debits and increased by credits. 4. In a double-entry system, for every debit there must be a credit and vice-versa. This leads us to the basic accounting equation: Assets = Liabilities + Stockholders’ Equity. The Accounting Cycle 5. The first step in the accounting cycle is analysis of transactions and selected other events. The purpose of this analysis is to determine which events represent transactions that should be recorded. 6. Events can be classified as external or internal. External events are those between an entity and its environment, whereas internal events relate to transactions totally within an entity. Journalizing 7. (L.O. 3) Transactions are initially recorded in a journal, sometimes referred to as the book of original entry. A general journal is merely a chronological listing of transactions expressed in terms of debits and credits to particular accounts. No distinction is made in a general journal concerning the type of transaction involved. In addition to a general journal, specialized journals are used to accumulate transactions possessing common characteristics. Posting 8. The next step in the accounting cycle involves transferring amounts entered in the journal to the general ledger. The ledger is a book that usually contains a separate page for each account. Transferring amounts from a journal to the ledger is called posting. Transactions recorded in a general journal must be posted individually, whereas entries made in specialized journals are generally posted by columnar total. Trial Balance 9. The next step in the accounting cycle is the preparation of a trial balance. A trial balance is a list of accounts and their balances at a given time. An entity may prepare a trial balance at any time in the accounting cycle. A trial balance prepared after posting has been completed serves to check the mechanical accuracy of the posting process and provides a listing of accounts to be used in preparing financial statements. Accounting equation, Debit, credit, assets, liabilities, equity, stockholders’ equity, revenues, expenses, expenses, cost of goods sold, gains, losses, GAAP, SEC, financial accounting, managerial accounting, CPA exam, income statement, balance sheet, statement of retained earnings, accounting,
Chapter 5, Video 4, Recording Purchases and Sales using Perpetual Inventory System
 
04:16
This video reviews the accounts a merchandiser will use when recording inventory purchases and sales as well as reviewing the critical and enhancing questions used to analyze business transactions. This video is used in ACC100, Introductory Financial Accounting at Ryerson University but other students may benefit from its content. Note that ACC100 uses the accounting equation but not debits or credits. Thanks for watching!
Views: 3605 Else Grech Accounting
How to Export Ebay sales to Microsoft Excel
 
04:03
Quick Tip for exporting Ebay sales to Excel Thanks for checking out my channel. Make sure to subscribe!! For 1 on 1 coaching Pricing & Availability Email me: Rockstarflipper @Gmail.com JOIN THE FREE FACEBOOK RESELLER GROUP- (questions answered 24/7 from members) https://www.facebook.com/groups/689595301181796/ VIP (paid) Facebook Group- https://www.facebook.com/groups/263997070772761/ *Ebay/Amazon Equipment Photo Lighting Kit- http://amzn.to/2mEdSQq Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Photo Background- http://amzn.to/2xCBnBD Shipping Tape Gun- http://amzn.to/2s7rc6f Poly Mailers - http://amzn.to/2iVae2t Bubble Mailers - http://amzn.to/2iVcUgt Thermal Printer- http://amzn.to/2mqkhST Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Video Game Cleaner- http://amzn.to/2jD08Iy *Youtube Equipment: Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter- http://amzn.to/2tKN6NU Logitech Webcam - http://amzn.to/2iZcLc7 Canon G7X II Vlog Camera- http://amzn.to/2ujOgwH Memory Card- http://amzn.to/2xBPDdD Flexi Tripod- http://amzn.to/2xBmuiL Back Up battery canon G7X- http://amzn.to/2wQ1cPG MacBook Pro- http://amzn.to/2xCaUEn (Disclosure, these are amazon affiliate links & I do get paid a small commission if you purchase using them) *My EBAY STORE- https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338069183&mpre=http%3A%2F%2Fstores.ebay.com%2FTheElectronixZone1 *Our personal Vlog Adventure channel- https://www.youtube.com/channel/UCYDfKwFzkHmnTfkHe_G8QcA *FOLLOW ME ON SOCIAL MEDIA: Facebook.com/Rockstarflipper Instagram.com/Rockstarflipper Twitter.com/Rockstarflipper
Views: 21401 RockstarFlipper
Bookkeeping for Construction Companies - Nashville, TN Accounting Firm
 
09:26
Bookkeeping for construction companies: in this video, I show you one of the most efficient ways to do bookkeeping for your construction company. This video is geared to small construction companies—my next one will be for large construction companies. I know that most small construction companies don’t want to spend a lot on bookkeeping, and this video is geared toward contractors who fit in that category. I have a simple, quick way of doing the books for anyone in the construction industry. With the method I reveal in this video, all you have to do is tell your CPA or bookkeeper what you want out of your bookkeeping and he or she will be able to easily plug in variables to add to the simple bookkeeping for contractors concept I’m introducing here, according to your needs and desires. I’m a CPA who works a lot with construction companies. I do bookkeeping, tax work, workers comp audits, financial statements and so forth. But what I enjoy doing the most is the bookkeeping because, frankly, a lot of construction companies’ books are a complete mess and I like to clean them up, show them the best way to go about doing their bookkeeping and have them understand the statements that they are looking at. I feel that they get a whole lot out of that. Through trial and error, I’ve come up with the best and most efficient way to produce understandable financial statements at an affordable rate. This can be done fairly quickly by a competent CPA. In my case, I have a bookkeeper I use a lot so I’m able to charge very affordable rates—I just review the bookkeeper’s work all the way through, which I can do pretty quickly, and that’s how I’m able to charge very reasonable rates. In the video, I quickly run through a case study of a hypothetical construction company to show you how simple and easy it is to organize your construction company’s bookkeeping using my method. If you'd like to contact me, visit my website (http://www.evanhcpa.com) or use the contact information below: Evan Hutcheson, CPA, LLC 2303 21st Ave South, Ste 201 Nashville, TN 37212 phone: 615-727-2295 fax: 615-750-2014 email: [email protected] Hours: 8 a.m. to 6 p.m. Mon~Fri Please share this video about bookkeeping for construction companies: http://www.youtube.com/watch?v=CehAPr3x7_k Subscribe to my Channel: http://www.youtube.com/subscription_center?add_user=EvanHutchesonCPA Follow Me: http://www.facebook.com/EvanHutchesonCPA http://twitter.com/Nashville_CPA http://plus.google.com/+Evanhcpa/about http://www.linkedin.com/pub/evan-hutcheson/30/909/746 You might like this video too: http://www.youtube.com/watch?v=uac5MK6GEls You can get information about bookkeeping for construction companies here: https://quickbookstraining.com/cd-dvd-training/mastering-quickbooks-for-contractors.html Bookkeeping for Construction Companies Bookkeeping for Small Construction Companies Bookkeeping for Construction Industry Quickbooks for Construction Company Accounting Bookkeeping for Contractors Quickbooks for Contractors Home Builders Bookkeeping Services Contractor Bookkeeping Services Nashville, TN Accounting Firm
Best Accounting Software in Excel for Small Business
 
15:35
https://www.excel-way.com/ Excel-based Accounting Software for Small Business. Functional. Reliable. User-friendly. Download link: - 1 computer version: https://www.excel-way.com/index.php?id_product=8&id_product_attribute=0&rewrite=Excel-Based-Complete-Accounting-Software&controller=product - 2 computers version: https://www.excel-way.com/index.php?id_product=10&id_product_attribute=0&rewrite=Excel-Based-Complete-Accounting-Tool&controller=product 0:00 - 2:18 - Intro 2:19 - 5:08 - Purchase Ledger 5:09 - 7:45 - Sales Ledger 7:46 - 8:49 - Invoice Generator 8:50 - 10:54 - Cash Ledger 10:55 - 13:14 - Fixed Asset Ledger 13:15 - 14:36 - Payroll Ledger 14:37 - Balance Sheet and Income Statement With this tool we offer: - All the main ledgers (General, Sales, Purchase, Stock, Cash, Payroll, Fixed Asset, Other Operations) you need to perform complete accounting for your small business. - Convenient and user-friendly interface which every Excel user will instantly get used to. All Excel functionality is available. - Simple and flexible journal entry solution using command buttons and drop-down lists. - Direct connection between all the ledgers, Balance Sheet and Income Statement. - Integrated customizable Invoice Generator. - Data import from Payroll Calculator - AP/AR analysis on a supplier/customer level. - Standard US GAAP chart of accounts (customizable). Link to the site where you can purchase other unique Excel based accounting and payroll software for your small business: www.excel-way.com
Views: 12839 EXWAY
Cash Transaction - Accounting Equation
 
16:26
Cash accounting transactions recorded using the double entry accounting system in the form of the accounting equation. We will record financial transaction involving cash and post them to an accounting equation worksheet. The worksheet will show the accounting equation remaining in balance for every transaction and the total in balance after every transaction. Practicing transactions will help understand the nature of accounts and how they work and are used.
How to Account for Inventory Costs. Online Ebay & Amazon Reselling Tips & Tricks
 
14:17
How to keep track of your Inventory and costs of goods sold when using eBay and amazon. LIVE TONIGHT!! Q&A #TGIF Friday!! This Friday and EVERY FRIDAY night! get your questions in on comments in ANY video or submit them tonight LIVE!! Thanks for checking out my channel. Make sure to subscribe!! For 1 on 1 coaching Pricing & Availability Email me: Rockstarflipper @Gmail.com JOIN THE FREE FACEBOOK RESELLER GROUP- (questions answered 24/7 from members) https://www.facebook.com/groups/689595301181796/ VIP (paid) Facebook Group- https://www.facebook.com/groups/263997070772761/ *Ebay/Amazon Equipment Photo Lighting Kit- http://amzn.to/2mEdSQq Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Photo Background- http://amzn.to/2xCBnBD Shipping Tape Gun- http://amzn.to/2s7rc6f Poly Mailers - http://amzn.to/2iVae2t Bubble Mailers - http://amzn.to/2iVcUgt Thermal Printer- http://amzn.to/2mqkhST Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Video Game Cleaner- http://amzn.to/2jD08Iy *Youtube Equipment: Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter- http://amzn.to/2tKN6NU Logitech Webcam - http://amzn.to/2iZcLc7 Canon G7X II Vlog Camera- http://amzn.to/2ujOgwH Memory Card- http://amzn.to/2xBPDdD Flexi Tripod- http://amzn.to/2xBmuiL Back Up battery canon G7X- http://amzn.to/2wQ1cPG MacBook Pro- http://amzn.to/2xCaUEn (Disclosure, these are amazon affiliate links & I do get paid a small commission if you purchase using them) *My EBAY STORE- https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338069183&mpre=http%3A%2F%2Fstores.ebay.com%2FTheElectronixZone1 *Our personal Vlog Adventure channel- https://www.youtube.com/channel/UCYDfKwFzkHmnTfkHe_G8QcA *FOLLOW ME ON SOCIAL MEDIA: Facebook.com/Rockstarflipper Instagram.com/Rockstarflipper Twitter.com/Rockstarflipper
Views: 11729 RockstarFlipper
Trading and Profit and Loss Account and Balance Sheet with Adjustments explained in easy way
 
36:11
Trading and Profit and Loss Account and Balance Sheet Explained with Example in easy way for Commerce Students | CA | B.Com | M.Com | CS Hello Guys, I am back with another video on Accountancy. In this video I am going to teach you guys how to prepare Trading Account and profit and Loss Account as well as Balance Sheet. And the best part of this video is that I am going to explain this with a difficult Example so that you guys would be able to do any kind of questions relating to Trading and Profit and Loss Account and balance Sheet. Okay so, let's start. Before starting with the Question, here is a quick format of trading and Profit and Loss Account. It starts with the heading Trading and profit and Loss Account for the year ending dash dash dash means for whatever period we are preparing it.So, if we are preparing it for the year ended 31st March 2016, we will say Trading and Profit and Loss Account for the year ended 31st March,2016. So, It is prepared in a T format, T as in English alphabets which includes Particulars Amount Particulars Amount as you can see in the slide. I still remember the time when I studied this format for the first time, I used to call it Papa P A P A Papa which is an Indian word for Father. So, this whole account is divided into two parts i.e Trading Account and Profit and Loss Account. Firstly we start with Trading Account. on the Debit side, we write Opening Stock, then To Purchases, then Wages and then Other Expenses. Okay, Always remember that we add the expression 'To' to every account written on the Debit side of the Trading account. And on the Credit side we write By Sales and By Closing Stock. On the Credit side we add ' By' to every account instead of To. Now, this is where almost our Trading Account ends. See, I said almost not completely. The most important part of Trading Account still lefts. As you guys may know that in Accounts we balance both Debit and Credit side i.e the total of Debit side should always be equal to the total of Credit side. Therefore, to balance both the Debit and Credit side of Trading Account, we use Gross profit or Gross Loss which is the main purpose of preparing Trading Account. Now, if the Credit side is more than the Debit side, we have Gross profit and if the Debit side is more than the credit side, we have gross Loss. These are the balancing figure which means that their amount will depend upon the difference between the Debit and Credit side. This is where our Trading Account ends. In't it simple? Don't worry if you guys feel it is difficult, stay with me till we solve the question and all of your doubts will vanish. so, here is the total of Trading Account which we write inside two straight lines. Okay, now it's the turn of Profit and Loss Account. It always starts with either Gross profit or Gross Loss. It depends upon the result of the Trading Account. If the result of the Trading Account is Gross Profit, profit and Loss Account will start with Gross Profit on the Credit side and if the result is Gross Loss, profit and Loss Account will start with Gross Loss on the Debit side. Also On the debit side of profit and Loss account we record Indirect Expenses i.e all other expenses except Direct Expenses and on the Credit side, we record Indirect Incomes. Now, comes the Totaling part. So, as I said Debit is always equal to Credit , therefore If the Credit side is more, we have Net profit and if the Debit side is more, we have Net loss. So, if you guys want a complete explanation on Direct and Indirect Expenses and Incomes, the video link is in description. So, with this we have studied enough of the format, now let's solve an Example with Adjustments. Okay, so here is a Trial Balance given from which we have to prepare Trading and Profit and Loss Account as well as Balance Sheet. But before reading the question, you guys should have knowledge of Assets, Liabilities, Direct Expenses, Indirect Expenses and Indirect Incomes. Now, if you are studying Trading and profit and Loss Account, let me assume that you already know about Assets and Liabilities because we study thm in starting. Now Direct Expenses are those which are directly related to production. Example of Direct Expenses are Wages, Carriage Inward, Freight Inward, Octroi, Royalty on Production etc. And Indirect Expenses are those Expenses which are not directly related to production. Example includes Salary, taxes, Postage, Telephone Expenses, Insurance, Printing and Stationery Expenses, Depreciation, Advertisement Expenses etc. Now let's study the question. So, the question is the Following is the
Views: 80414 Lavish Gupta
Accounting for Beginners | What is Debit & Credit ? Difference Between Debit and Credit | #1
 
13:22
Accounting for Beginners | What is Debit & Credit ? Difference Between Debit and Credit | Debit and Credit are two most common words in finance and accounting In double entry book system, every debit must have a corresponding credit entry. A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry. A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is positioned to the right in an accounting entry. Whenever an accounting transaction is created, at least two accounts are always impacted, with a debit entry being recorded against one account and a credit entry being recorded against the other account. There is no upper limit to the number of accounts involved in a transaction - but the minimum is no less than two accounts. The totals of the debits and credits for any transaction must always equal each other, so that an accounting transaction is always said to be "in balance." If a transaction were not in balance, then it would not be possible to create financial statements. Thus, the use of debits and credits in a two-column transaction recording format is the most essential of all controls over accounting accuracy. There can be considerable confusion about the inherent meaning of a debit or a credit. For example, if you debit a cash account, then this means that the amount of cash on hand increases. However, if you debit an accounts payable account, this means that the amount of accounts payable liability decreases. These differences arise because debits and credits have different impacts across several broad types of accounts, which are: Asset accounts. A debit increases the balance and a credit decreases the balance. Liability accounts. A debit decreases the balance and a credit increases the balance. Facebook : https://www.facebook.com/charteredwisdom/ Email : [email protected]
Views: 158609 Chartered Wisdom
Introduction to accounting [Journal- Ledger & Trial balance] simple method(by kauserwise)
 
27:35
Here is the video about Introduction to accounting. *What is journal and how to pass journal entries. *What is Ledger and how to post ledger. *What is Trial balance and how to do trial balance in accounting everything in simple manner. Hope this will help you to get the subject knowledge at the end. Thanks and All the best. ▓▓░───CONTRIBUTION ─░▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected] ] [Every contribution is encouraging US] Thanks & All the Best!!! ──────────────────── To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research * Statistics Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu For Statistics - https://www.youtube.com/playlist?list=PLabr9RWfBcnoJi5snMQQzDGYmb4ydFpTs
Views: 3161924 Kauser Wise
Proof Birth certificate bond, Promissory note? Securities trade
 
10:26
http://dejourhawk.com/services/ read here And this is what they sell on the financial market. I’m going to show you how they do that – how they sell them. Bonds are nothing but IOU’s – bookkeeping entries. I called this brokerage house up – I got myself out of prison – by doing settlement on the account – I settled the account with an international bill of exchange – the one they are putting everybody in prison for. I gave it to the adult parole authority – 200 dollars administrative fee and they cashed it. Closed the account. I haven’t got the bond back, I haven’t found out who has it. I called this brokerage house up. I said I’m looking for a bond – he said do you have the CUSIP number? That’s why when they do a mortgage foreclosure they will not produce the original note – because it is now a draft or order to pay – for what ? You just gave them the money. You created a financial asset. That is what 8-102 subsections 9 of the investment securities. Article 2 and article 8 are the two most important articles in the whole UCC. Nobody reads them. Contract and Investment Securities – Sales. How can you have a secured interest in anything if there is no contract? Your got to buy something in order to have an interest in it- you got to pay for it – got to have a contract – purchase agreement – seller / buyer – article 2 – sales – the most important part of the UCC, and everybody is reading article 3. They got the cart pulling the horse. Notes securities and bonds – that’s all there is and everybody is studying article 9 and article 3. Pull up article 4-102. UCC Article 3-311 ACCORD AND SATISFACTION BY USE OF INSTRUMENT U.S. CONSTITUTION ARTICLE 4 SECTION 1 Each State to Honor all Others. Full Faith and Credit shall be given in each State to the public Acts, Records, and judicial Proceedings of every other State. And the Congress may by general Laws prescribe the Manner in which such Acts, Records and Proceedings shall be proved, and the Effect thereof. Sec. 42a-8-102. Definitions. (a) In this article: (1) “Adverse claim” means a claim that a claimant has a property interest in a financial asset and that it is a violation of the rights of the claimant for another person to hold, transfer or deal with the financial asset. (2) “Bearer form”, as applied to a certificated security, means a form in which the security is payable to the bearer of the security certificate according to its terms but not by reason of an endorsement. (3) “Broker” means a person defined as a broker or dealer under the federal securities laws, but without excluding a bank acting in that capacity. (4) “Certificated security” means a security that is represented by a certificate. (5) “Clearing corporation” means: (A) A person that is registered as a “clearing agency” under the federal securities laws; (B) A federal reserve bank; or (C) Any other person that provides clearance or settlement services with respect to financial assets that would require it to register as a clearing agency under the federal securities laws but for an exclusion or exemption from the registration requirement, if its activities as a clearing corporation, including promulgation of rules, are subject to regulation by a federal or state governmental authority.
Views: 1834 Asef Bey
Small Business Bookkeeping Deadly Sin #5: Not Recording Cash Payments
 
03:17
http://www.cashflow-manager.com.au/Home.aspx Many small business owners pay cash out of their pocket for business expenses while out and about, put the receipt in their pocket, and never see it again. This is all fine and dandy until it comes time to make a record of that expense. This is a problem for small businesses because in order to maintain good financial records, you must keep track of ALL your expenses. Furthermore, poor records equate to thousands of dollars in lost tax deductions. To download a free 30 day trial of Cashflow Manager please click onto our website www.cashflow-manager.com.au
Views: 314 CashflowManager
How to posting in businesspro accounting software
 
03:03
http://businessspro.blogspot.com How to posting in businesspro accounting software How to create General Ledger and Trial Balance with Businesspro How to Create Ledger in Businesspro How to Prepare Financial Statements How to Read a Balance Sheet Introduction to the income statement Accounting Basics Example for Recording Debits and Credits Revenue Accounts, Expense The Best Free Accounting Software Available Best Accounting Software simple and easy to use Businesspro Free Accounting Software for Small and Medium Business How To Start Bookkeeping For Small and Medium Business Basic techniques to operate Accounting Software Businesspro Accounting Software Overview Bookkeeping Software Business Management Software Inventory Accounting Software #Businesspro #Easiest #Accounting Software Businesspro easy accounting software to record all kinds of business transactions. Businesspro is complete and systematic inventory control and accounting cycle management system. Businesspro is very simple and easy accounting software for every user. Businesspro can be use without immense knowledge of accounting and computer skills. For the best financial decision making, we require systematic financial data. In this regard I have designed a software in Visual Basic, which provides us clear picture of our Assets, Liabilities, Owner Equity, Revenue, Expenses, Profit and loss in moments. Businesspro also provides us automatically generated the data of financial statements like Trial Balance, Income Statement and Balance Sheet. Businesspro is Best Accounting Software for Small Businesses. Businesspro is user friendly and also designed to update inventory controls and invoices of day to day transactions. For the best business solutions, software is free with unregistered Businesspro while for professionals registered Businesspro is the best solution. Registered Businesspro is available on the payment of $50, Registered Businesspro formats and receipts are designed according to the name of company while unregistered Businesspro does not mention the name of company on the title. Memorandum: unregistered Businesspro is free accounting software before deploy for Commercial or Personal purpose first check it as per your requirement. we appreciate your suggesting improvements and additions to Businesspro, Please feel free to submit any reasonable suggestion to us and Thanks again for your message. Sales managers is required.
Views: 1945 Businesspro
How to Maintain Ledger in Excel | Account/ Ledger Book Maintain in Excel
 
18:46
Subscribe our YouTube Channel : http://bit.do/Subscribe-OGCI … In this video we will Learn. How to create Excel sheet for Ledger Maintain | How to Maintain Ledger Book In excel | How to Use Hyperlink In Excel Step By Step | How to Add Button In Excel | how to create Ledger Balance Summary In Excel | How to make Ladger Maintain Sheet in Excel | how to add link in Excel etc.... .... Subscribe & Share this video … For updates Subscribe us at: https://www.youtube.com/ourgreatcountryindia .... Follow me on Twitter: https://www.twitter.com/vivekkumarseth ... LIke Our Facebook Page: https://www.facebook.com/ourgreatcountryindia ... Follow me on G+ https://plus.google.com/+ourgreatcountryindia
QuickBooks For Contractors - Advance Payments From Clients
 
11:18
In this learn quickbooks training tutorial, you will learn how to record advanced payments from clients for the estimates, contracts and jobs. These could be called customer deposits. These advanced payments make the customer's balance become negative until the work is done and the invoices are made. This video is part of a playlist "quickbooks for contractors" bookkeeping course that will show individuals how to use every feature of quickbooks that contractors could use. You can learn QuickBooks Free at www.worldwidequickbooks.com This is the best and clearest Quickbooks instruction online and the best QuickBooks tutorials to teach yourself QuickBooks.
Views: 1990 worldwidequickbooks
How to Create a Daily Expense Record in Microsoft Excel 2007
 
20:06
How to create a Daily Expense Record in Microsoft Excel 2007 with Monthly and Year totals.
Views: 381237 Sean Elliott
Exercise 59 | Excel Practice Book | How To Maintain Day Book Account Daily Cash Entry Ms Excel
 
20:49
Click Here To Download Practice File__________ http://zipansion.com/3sBQa Exercise 45 | Excel Practice Book | How To Make Employee Job Allowance In Ms Excel https://youtu.be/c4gNE3PXff8 Exercise 46 | Excel Practice Book | How To Make Calculate Salesman Incentive In Ms Excel https://youtu.be/PprhDaWtyCk Exercise 47 | Excel Practice Book | How To Make Milk Selling Report In Ms Excel https://youtu.be/sDfhDNjsfBk Exercise 48 | Excel Practice Book | How To Make Monthly Report Of Milk Selling Report In Ms Excel https://youtu.be/yJey6Pq1sbE Exercise 49 | Excel Practice Book | How To Make Maintain Stocks Report In Ms Excel https://youtu.be/G3tIQn4RdpI Exercise 50 | Excel Practice Book | How To Make Daily Cash Register In Sales Ms Excel https://youtu.be/E3-u_LsoUrM Exercise 51 | Excel Practice Book | How To Make Property Sales Report Ms Excel https://youtu.be/xZPBNEpEM4o Exercise 52 | Excel Practice Book | How To Calculate Bank Loan Interest Ms Excel https://youtu.be/fXCrK3A_FsE Exercise 53 | Excel Practice Book | How To Make Computerized Invoice Ms Excel https://youtu.be/NEimKwY-DKk Exercise 54 | Excel Practice Book | How To Make Sales Rating Ms Excel https://youtu.be/lZ3bqDzkYl4 Exercise 55 | Excel Practice Book | How To Make Yearly Sales Turn-Over Ms Excel https://youtu.be/c8_xxTr1rXo Exercise 56 | Excel Practice Book | How To Create Basic Data Entry Practice Ms Excel P-01 https://youtu.be/7wipKw_sHkY Exercise 57 | Excel Practice Book | How To Create Basic Data Entry Practice Ms Excel P-02 https://youtu.be/_KE-fJyZt1E Exercise 58 | Excel Practice Book | How To Work In Job Ms Excel | Ms Excel Crash Course Edition For Job Training https://youtu.be/ZsEbMXbN0kI Exercise 59 | Excel Practice Book | How To Maintain Day Book Account Daily Cash Entry Ms Excel https://youtu.be/2FqI3UuPHC0
Views: 213954 New-Tech Online Training
Entryless Webinar: Automating Bills, Receipts and Expenses in Cloud Accounting Systems
 
08:15
Imagine that you and your clients could love your bills. With the bill automation that Entryless offers, you can. Entryless launched in 2013 in San Francisco after founder Mike Galarza recognized how much effort and expense businesses poured into receiving and entering supplier bills into cloud accounting systems. Many people don’t realize it, but bills are a great burden on accounting practices and the companies they serve. These organizations spend huge amounts of time manually processing purchase invoices. Every supplier submits bills a little differently, and it falls to the bookkeepers and accountants to process them for payment. Absent automation, someone has to manually record the amount, bill by bill, type in the due date, subtotal, GST, total, invoice number, supplier name, and other key items to create a bill. Then, organizations need a process to make sure that the payment is approved. In many companies, this can be an informal step that consumes a lot of management and administrative time. When the bill is finally paid, it still needs to be updated in the cloud accounting software, yet another manual process. We understand why this experience can be frustrating, but Entryless believes that bills can be lovable. For businesses, the bill automation process can be efficient and provide powerful information to make intelligent decisions. Free of the burden of managing bills, accountants and bookkeepers can become more efficient, scaling their practice, expanding their reach. You will see later on that we have a special edition of Entryless just for accountants and bookkeepers. Entryless can be transformative. The relationship with suppliers improves, cash flow goes up, and the business can make better strategic decisions. Over the last few years, Entryless has proven the vision. We have changed the lives of accountants, bookkeepers, and their business clients. That might sound a bit over the top, but that is precisely how Our users think of it. We want you to no longer be held back from your business goals by a stack of bills. Changing how you deal with bills can transform the business of the accountants, bookkeepers, and their clients Instead of worrying about how you will process bills each month, relax and let Entryless provide fast, accurate, and automated bill processing. Bills and invoices can be pretty chaotic these days. Entryless smooths out the process. Bills arrive at your door in a wide range of formats. Some are digital files and some are paper. They all look different, but Entryless can handle them all. Just post the bill to Entryless via your dedicated email address, the web service, or a photo from the mobile app and Entryless processes the bill. We want you to get an idea of how Entryless can help you, so let’s look at how it processes a bill and fits into your workflow. We are going to upload bills to Entryless via drag and drop from your computer. You can upload single or multiple bills to Entryless directly from your web browser to make uploading bills fast and easy. In the left menu, click Upload Bills. Point to the Drag & Drop Your Files Here! area. We’ve already created an Entryless account for our demo company and synced our cloud accounting package with Entryless, so that we’re ready to upload bills. We’ll start by going to the Upload Bills section of Entryless. You can drag bills from anywhere on your computer to this section of your browser window. Entryless supports bills in PDF, JPEG, and PNG format. Each bill you upload can be up to 10 MB in size, and you can upload as many bills as you like. On your computer, open a Windows Explorer or Finder window and browse to the location of some bills you’re ready to upload. Double-click one of the bills to open it in its native application. Point to the vendor name and total amount and then close the bill. Let’s go find some bills to upload. We’ve got a few bills that are ready for upload. If we take a look at one of them, we can see standard information that appears on all bills, such as the vendor name, amount of the bill, and so on. In Windows Explorer or Finder, click and drag one bill to the Drag & Drop Your Files Here area of Entryless. When the upload is complete, point to the green checkmark. We’ll upload a single bill by clicking it and dragging it to Entryless. Drop it in the drag and drop area and watch it upload. When the green checkmark appears, the upload has been completed. You can also select multiple files and upload a bunch of bills at one time. Don’t pay more settling for less. Choose Entryless. Go ahead: Love your bills.
Views: 131 Entryless
How to use Microsoft Excel for small business accounting.
 
08:55
Just a few basic tips for using Microsoft Excel spreadsheets for your starting accounting with your small business. Thanks for checking out my channel. Make sure to subscribe!! For 1 on 1 coaching Pricing & Availability Email me: Rockstarflipper @Gmail.com JOIN THE FREE FACEBOOK RESELLER GROUP- (questions answered 24/7 from members) https://www.facebook.com/groups/689595301181796/ VIP (paid) Facebook Group- https://www.facebook.com/groups/263997070772761/ *Ebay/Amazon Equipment Photo Lighting Kit- http://amzn.to/2mEdSQq Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Photo Background- http://amzn.to/2xCBnBD Shipping Tape Gun- http://amzn.to/2s7rc6f Poly Mailers - http://amzn.to/2iVae2t Bubble Mailers - http://amzn.to/2iVcUgt Thermal Printer- http://amzn.to/2mqkhST Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Video Game Cleaner- http://amzn.to/2jD08Iy *Youtube Equipment: Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter- http://amzn.to/2tKN6NU Logitech Webcam - http://amzn.to/2iZcLc7 Canon G7X II Vlog Camera- http://amzn.to/2ujOgwH Memory Card- http://amzn.to/2xBPDdD Flexi Tripod- http://amzn.to/2xBmuiL Back Up battery canon G7X- http://amzn.to/2wQ1cPG MacBook Pro- http://amzn.to/2xCaUEn (Disclosure, these are amazon affiliate links & I do get paid a small commission if you purchase using them) *My EBAY STORE- https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338069183&mpre=http%3A%2F%2Fstores.ebay.com%2FTheElectronixZone1 *Our personal Vlog Adventure channel- https://www.youtube.com/channel/UCYDfKwFzkHmnTfkHe_G8QcA *FOLLOW ME ON SOCIAL MEDIA: Facebook.com/Rockstarflipper Instagram.com/Rockstarflipper Twitter.com/Rockstarflipper
Views: 78467 RockstarFlipper
Tampa bookkeeping services help - my books are so messed up and complicated
 
00:33
Many times CPA/CFO firms require clients to hire a professional bookkeeping service to handle their books or to help setup QuickBooks to work correctly for their business type and business owners management style. Experts at Tampa Rent-A-Bookkeeper, Inc. can assist you quickly and cost effectively. Ask us about the FLAT FEE rates we offer our clients, so that you know exactly what your payment will be every month with no surprises. :) At Rent-A-Bookkeeper, Inc. WE DO THE BOOKS, SO YOU CAN HAVE A LIFE! Call our office at (561) 807-7102 or visit http://www.rent-a-bookkeeper.com for more information
Views: 119 RentABookkeeperVids
1091. Double Entry System of Accounting
 
06:47
Visit our website www.arinjayacademy.com for Hindi,  Maths, Accounts, CA Final International Tax, Direct Tax at following links  Hindi Class 6 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-हिंदी-व्याकरण-class-6/ Hindi Class 7 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-class-7/  Hindi Class 8 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-class-8/ Hindi Class 9 and Class 10 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-class-10/ Maths Class 3 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-3/ Maths Class 4 Notes, click -  https://www.arinjayacademy.com/maths-class-4/ Maths Class 5 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-5/  Maths Class 6 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-6/  Maths Class 7 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-7/  Maths Class 8 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-8/ Accounts Class 11 Notes, click - https://www.arinjayacademy.com/accounts_class-xi/ Accounts Class 12 Notes, click  -  https://www.arinjayacademy.com/accountancy-class-12/  CA Final International Tax Notes, click -  https://www.arinjayacademy.com/ca-final-elective-paper-6c-international-tax/ Transfer Pricing Notes, click -  https://www.arinjayacademy.com/transfer-pricing/ International Tax Article by Article Notes, Click -  https://www.arinjayacademy.com/international-tax-interpreting-tax-treaty/ Download Arinjay Academy app at : - https://play.google.com/store/apps/details?id=com.arinjayacademy You can access our content at https://www.arinjayacademy.com/learn Practice Accounts Exercise Class XII at - https://www.arinjayacademy.com/learn/Accounts-Class-XII?tab=3 Practice Maths Exercise Class VI at - https://www.arinjayacademy.com/learn/MathsClassVI?tab=3 Practice Maths Exercise Class VII at - https://www.arinjayacademy.com/learn/Maths--Class---7-?tab=3 Practice Hindi Exercise Class VI at - https://www.arinjayacademy.com/learn/Hindi---Class-6--?tab=3 Practice Economics Exercise Class XII at - https://www.arinjayacademy.com/learn/Economics---Class-12?tab=3 DOUBLE ENTRY SYSTEM Under Double Entry System, every economic transaction has two aspects -- one Debit, and the other Credit. At the time of recording of transaction, each transactions aspect are recorded once on debit side, and once on the credit side. For example: - Purchasing machinery, which is an asset of a company, involves two aspects, i.e, Machinery, which is an asset comes in to the business, and hence is debited. At the same time, Cash , which is another asset, is paid to the seller, and hence reduced from business perspective, and is accordingly, credited. Thus, there are two aspects involved in this transaction, i.e. debit and credit, Machinery Account is debited and Cash account is credited. Features of Double Entry System: - 1. Maintains complete records for each transactions; 2. Recognizes that there are two equal aspects of every transaction -- one that are received, and the other, that are paid. 3. Total of Debit side of each transaction should always be equal to total of Credit side. 4. Facilitates, establishing the arithmetical accuracy of all transactions undertaken by the business by preparing trial balance. ADVANTAGES OF DOUBLE ENTRY SYSTEM: 1. Scientific system since it follows rules of recording transaction on two sides; 2. Complete record of transaction: It is complete record as it results in depicting correct income or loss, assets and liabilities. 3. Accuracy of accounts: Accuracy of accounts can be maintained by preparing trial balance. 4. Profit or Loss: By the preparation of Profit and Loss Account, organizations profit or loss can be ascertained. 5. Comparative study possible: Results of current year can be compared with the results of previous years. 6. Helps the management in decision making. DISADVANTAGES OF DOUBLE ENTRY SYSTEM: 1. Complete knowledge of book keeping , which includes knowledge of Principles of Accounting and procedure to follow them. 2. Maintaining all the books is sometimes costly procedure , and time consuming 3. This method is not suitable for small business organizations.
Views: 48642 Arinjay Academy
Real Estate Investing Bookkeeping Mistakes: Flipping Junkie Podcast (episode 95)
 
38:07
Webinar: http://leadpropeller.com/blog/webinarSubscribe to Flipping Junkie at: http://flippingjunkie.com/flipping-ju... Follow on FaceBook: https://www.facebook.com/flippingjunkie/ Become a Flip Pilot: https://flippilot.com/beta-notify Listen on iTunes: https://itunes.apple.com/us/podcast/f... We'll be hosting a webinar about online lead generation once a week! Reserve your free seat to discover the secret to online lead generation at LeadPropeller.com/webinar! Joni YatesJoni has an extensive career in administration working with Fortune 500 companies and small businesses alike. Her career has spanned sectors including retail, automotive, and the legal field. She has been working with Quickbooks for 7 years. Joni has helped several companies start their Quickbooks bookkeeping accounts from the ground up. Joni holds a Bachelor’s degree in Counseling Psychology from Rochester College. Kirk YatesKirk has worked for Fortune 500 companies and run small businesses. His expertise includes sales management, the automotive aftermarket, mortgages, and banking. He first worked with Quickbooks in 2001 and prior to that worked with Peachtree Accounting software. Kirk is skilled in P&L and financial projections. He holds a Bachelor’s degree in Advertising from Bradley University and a MBA from Walsh College. Joni and Kirk live in Rochester Hills, MI with their two children. Together they have owned rental properties and know all too well, the ups and downs of being landlords. Together, Joni and Kirk got in to bookkeeping for real estate investors when Joni did consulting work for Mike Simmons and his partner. When they were looking over the books, Joni and Kirk noticed that there was a hole in market because there aren't many people doing bookkeeping for real estate investors.  The biggest mistakes Joni and Kirk see when it comes to bookkeeping for real estate investors are these: 1. Not keeping track of small transactions 2. Not keeping receipts 3. Not categorizing transactions The reason Joni and Kirk use Quick Books is because it helps keep everything organized for their clients. Quick Books makes it easy to see everything in bookkeeping for real estate investors, so not having any type of system is the worst thing to do for your business. Tracking every single expense will end up costing your business lots of money in the long run. If you're in the need of a good bookkeeper, Joni and Kirk are the way to go. The first step is building up a report for your real estate investing business that's broken down by property so that you know where your money was spent.  "You're not going to send us too much paper," Kirk says, half jokingly. The more a real estate investor can provide for them, the better. 6 or so months down the road of working with Joni and Kirk, there won't be as many questions. The more you two work together, the better their understanding of your business will be, and the more streamline everyone will work together. Because clients want specific reports, Joni and Kirk keep everything categorized and organized. Want to know where your marketing expenses are? They have reports for that! Knowing where your money is going, and what's being spent, will help keep your real estate investing business out of bookkeeping trouble.
Views: 549 FlippingJunkie
Computerising your business will give you confidence
 
03:59
sataccounts.co.uk The benefits of Computerizing your business accounting system and will give you an outline of the Sage system The reason for this system is to help you to mechanize your business accounts which will give bunches of points of interest given below. Checking information, entering supplier invoices, posting mistake adjustments, correcting records Invoicing, creating client letters, entering new items, checking correspondence history Review tracks, revising fundamental section mistakes, accommodating account holders and banks Making deals credit notes, preparing buy credit memos, altering stock records Value documents and transactions orders, stock administration Purchase orders, making sales requests, Checking and accommodating the VAT return, creating benefit and misfortune and financial record for administration accounts, checking spending figures versus actuals, completing the year-end technique. Speed – information passage onto the PC with its organized screens and inherent databases of clients and supplier subtle elements and stock records can be completed significantly more rapidly than any manual preparing. Programmed record generation – quick and exact solicitations, credit notes, buy orders, printing articulations and finance archives are all done naturally. Accuracy – there is less space for mistakes as stand out bookkeeping section is required for every exchange as opposed to two (or three) for a manual framework. Up to date data – the bookkeeping records are consequently fixed thus account equalizations (e.g. client records) will dependably be progressive. Accessibility of data – the information is immediately accessible and can be made accessible to various clients in various areas in the meantime. Administration data – reports can be created which will help administration screen and control the business, for instance the matured borrower’s investigation will indicate which client records are late, trial adjust, exchanging and benefit and misfortune record and asset report. VAT return – the programmed making of figures for the consistent /VAT returns. Staff inspiration – the framework will oblige staff to be prepared to utilize new abilities, which can make them feel more persuaded. Click here to visit Sage.co.uk . 1.
Views: 13 MakeMoney FromHome
How to Create and Maintain a Company Records Book
 
03:48
Form your company for just $49 and state filing fees! »»» http://re180.io/FormMyCompany Once you've formed your LLC or corporation you'll need to create and keep entity records. Entity records are those records an LLC or corporation needs to show that it is functioning in the manner required by both the Internal Revenue Service and the state of formation. It substantiates that your company is being run as a separate entity, distinct from its owners. But more importantly, a company records book helps maintain the corporate veil that protects a company's owners from personal liability for company's debts, obligations, and acts. The company records book is an essential tool that tracks and records major decisions, events, and operations. It is where meetings, transactions and decisions are recorded. The book is typically made up of seven sections, each of which contains specific categories of documents. Every formally organized company should create and maintain a company records book, which includes all the documents related to the formation and ongoing compliance transactions of the business as a legally distinct entity. You should keep both physical and virtual copies. The physical copy should be kept in a secure place and be readily accessible for inspection by company members and shareholders and, if audited, the Internal Revenue Service or state revenue department. You can create your own company records book using a three-ring binder and a set of dividers with at least seven tabs. Or, you can purchase a customized company records kit from a legal stationer or document filing service that includes slipcase, forms, pre-printed dividers, and company seal. Either will work just fine. Section One includes the file stamped copy of the charter document, amendments, letters of transmittal, filing fee receipts, and pre-formation agreements. You may also want to have a certified copy of the charter document or a certificate of good standing. Section Two is where you'll keep government registrations and applications. This would include IRS Forms SS-4, 2553, and 8832, state and local business licenses and permits, and registrations with state revenue and employer agencies. Section Three contains the Operating Agreement if you formed an LLC or the Bylaws if you formed a corporation Section Four consists of owner agreements, such as buy-sell, non-compete, and employment agreements. Section Five contains the ownership ledger, which lists the name and address of each owner as well as the number and type of shares or membership units each of them owns. Section Six houses the blank membership or stock certificates along with cancelled certificates. Section Seven is made of every other key company document: leases, employment contracts, annual reports, financial statements, tax returns, and the like. Finally, you'll want a summary sheet listing important contacts, like your attorney, CPA, registered agent, and other professionals that work with you to keep your company operational and in compliance.
Views: 6200 reference180.com
SALES TAX WITH QUICKBOOKS - Adjusting Sales Tax
 
07:09
In this learn quickbooks training tutorial, you will learn how to adjust sales tax. This could be for something. like a refund you did not expect or a mistake when setting up or recording sales tax in quickbooks. This video is part of a playlist "Sales tax with QuickBooks "bookkeeping course that will show you how to use every possible sales tax situation in quickbooks that bookkeepers would ever need. You can learn QuickBooks Free at www.worldwidequickbooks.com This is the best and clearest Quickbooks instruction online and the best QuickBooks tutorials to teach yourself QuickBooks.
Views: 1973 worldwidequickbooks
How To Download & Install Book Keeper Mac
 
12:31
This video describes how to download and install Book Keeper Mac. You need to download CrossOver first, then follow these steps: 1. Create new bottle from left side pane 2. Install Internet Explorer 7 in that bottle will be downloaded automatically 3. Install Microsoft .NET Framework 4.0 in that bottle will be downloaded automatically 4. Install Book Keeper in that bottle Book Keeper team will provide you setup for this 5. Install Dropbox in your Mac, if you want to sync across devices download from http://dropbox.com/downloading IMPORTANT SETTINGS: One you have installed everything, change these settings. 1. Right click on your bottle, Settings, Reset Default Browser to Mac Browser 2. Open Book Keeper, Settings, Misc Settings, Book Keeper Platform, Select Mac If you face some issue or got some suggestions/queries, write to us at: [email protected]
Views: 1971 Book Keeper
Free Track real time inventory and manage your daily sales record
 
00:32
Have you enough margin in your product. Don't know, No worry. Just use Dwiin and save up to 5% and more in your menu or items. Manege PO,Track inventory... Free for use Description: DWIIN SOFTWARE ONLY $15.99 A MONTH OR $80.99 FOR A YEAR Fit with any size of business (medium, large or even small), Track inventory in real time with our software. Know your product cost and margin. 1. Track inventory in real time and accurate based on your sell and purchase. 2. Report is very powerful tool that provide by Dwiin is that you can know how much you bought a product from starting and what is it value. 3. Measurement functionality in every product that mean you record your product in pound and can sell by lb,ls. 4. Store your sell record in per customer basis or daily basis or even monthly bases. RESTAURANTS Features:Know your recipe cost and choose that are you enough charge from customer and know that how much margin in every of your recipe VISION: POS is help to sell your menu and record your selling and purchasing GROCERY STORE MISSION: Dwiin fit for Grocery store to keep your purchase and selling record VISION: Now no need to pen or page to keep your record, just use Dwiin we will be care of your data OUR VALUES We are growing company with our satisfied user. Our vision to make, the easier thing for our customer like to maintain their sell and purchase record in their own finger. We listen our user what they want change. Our customer is satisfied. Our software is very easy to understand and operate. Know need to more skill to use this. just register yourself in dwiin try for one month, also we save your data which is you enter into the trial period for long. Whenever you want to use our software just pay per use. Stock tracking system Know your product status in real time Purchase Order Management Manage your purchase order for every product. Capable to send PO to vendor directly Multypule sell record management We offer to store your sell record in daily bases or even monthly bases Simple POS System Dwiin has a simple pos that can be sell your product by customer. We just offer only sell your product, Print your last transaction from POS Fit to any business Our software can fit to any business, we use measurement unit in every product. if you have any type of business you can use Dwiin this will help you to maintain your cost record and product costing. HARD WORK We support our customer.. Contact us and we'll get back to you within 24 hours. Delhi, India [email protected] [email protected]
Views: 349 Dwiin POS