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ACCOUNTANT EXPLAINS: How to do Bookkeeping like a PRO (step-by-step guide)
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Bookkeeping is the foundation of every successful business.
In this video, I'll guide you through the key bookkeeping basics every small business needs. You'll learn how to properly set up your systems to track everything accurately and present your financial data clearly.
We'll start from the beginning - collecting your financial information - and work our way through to bank reconciliations.
⏱️ Timestamps:
00:00 Introduction
00:42 What Is Bookkeeping?
01:18 Business Fundamentals - Setting Up Your Business Accounts
02:57 Choosing Your Accounting Software
04:06 Choosing The Right Accounting Type For Your Business
07:00 How To Correctly Set Up Your Chart Of Accounts
08:30 Automatically Sourcing Your Transactions
09:36 Classifying Your Transactions
10:31 Everything You Need To Know About Bank Reconciliation
12:18 How To Reconcile Accounts On Your Balance Sheet
14:14 Publishing Your Data
15:18 Presenting Your Findings
16:26 Closing Notes
ABOUT THIS CHANNEL
Looking to level up your career in Finance & Accounting? You're in the right place. Each week I upload videos around Accounting, FP&A, and Excel to help you grow in your career and learn something new.
⚡️ Check out my channel here: / @yourcfoguy
Don’t forget to subscribe!
🔎 FIND ME AT
➡️ Subscribe to my Newsletter!
🔗 FOLLOW ME ON SOCIAL
Get updates or reach out to Get updates on our Social Media Profiles!
LinkedIn: / joshaharonoff
Twitter: / yourcfoguy
#accounting #entrepreneurship #entrepreneur #Finance #FinanceAndAccounting #Accounting #AccountingProfessionals # Tutorial #YourCFOGuy #bankreconciliation #bookkeeping
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Bookkeeping is the foundation of every successful business.
In this video, I'll guide you through the key bookkeeping basics every small business needs. You'll learn how to properly set up your systems to track everything accurately and present your financial data clearly.
We'll start from the beginning - collecting your financial information - and work our way through to bank reconciliations.
⏱️ Timestamps:
00:00 Introduction
00:42 What Is Bookkeeping?
01:18 Business Fundamentals - Setting Up Your Business Accounts
02:57 Choosing Your Accounting Software
04:06 Choosing The Right Accounting Type For Your Business
07:00 How To Correctly Set Up Your Chart Of Accounts
08:30 Automatically Sourcing Your Transactions
09:36 Classifying Your Transactions
10:31 Everything You Need To Know About Bank Reconciliation
12:18 How To Reconcile Accounts On Your Balance Sheet
14:14 Publishing Your Data
15:18 Presenting Your Findings
16:26 Closing Notes
ABOUT THIS CHANNEL
Looking to level up your career in Finance & Accounting? You're in the right place. Each week I upload videos around Accounting, FP&A, and Excel to help you grow in your career and learn something new.
⚡️ Check out my channel here: / @yourcfoguy
Don’t forget to subscribe!
🔎 FIND ME AT
➡️ Subscribe to my Newsletter!
🔗 FOLLOW ME ON SOCIAL
Get updates or reach out to Get updates on our Social Media Profiles!
LinkedIn: / joshaharonoff
Twitter: / yourcfoguy
#accounting #entrepreneurship #entrepreneur #Finance #FinanceAndAccounting #Accounting #AccountingProfessionals # Tutorial #YourCFOGuy #bankreconciliation #bookkeeping
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