Bookkeeping Basics for Small Business Owners (free template!)

Are you struggling to maintain your bookkeeping as a small business owner? In this video, you'll discover essential bookkeeping basics in my free simple guide. I'll walk you through how to efficiently manage your finances and gain valuable insights into your business's financial health.

0:00 Intro
1:39 Transactions
3:27 Income Statement
3:59 Pay Independent Contractors
7:31 Profit/Loss

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[ayniletourneau]

Great video! just what I needed. Thanks!

[federalwayhomebuyer]

Thank you for sharing. Love your stuff.

[louiseyvette]

You always give so much value, Gillian

[accountsbalance]

Thank you for the free template! You make bookkeeping easier to follow and understand. I agree that new business owners should be hands on with their books to really understand and keep of their finances.

[thyalyssatran]

Love how concise and straight to the point this video was!! Thank you SO much

[mademesmile]

Thank you so much for this video. It was very helpful.

[CreationsByShubha]

You are a life saver !!! 😘 Thank you !!

[louismenjivar]

You’re amazing thank you will try it tomorrow at work

[JointerMark]

Thank you Gillian. I made my first sale the other day and have been thinking of a way to keep track of my business transactions. Thank you for the template.

[RafatMarufDM]

Thank you so much Gillian for keeping this video precise to the point and also giving us a freebie template.
I've just recently discovered your channel, and as a Digital Marketer myself who is more on the SEO side than SMM, I am learning a lot from you.
You're an excellent mentor.

Take Care
Rafat

[Hidetannerslife]

Thank you for those video. Perfect timing 😊

[overbeefineart]

Thank you so much! I started a custom cookie business this year and this is perfect for my bookkeeping.

[awriterscorner]

Gillian, could you make a video on tax preparation/expectations for small businesses? As well as ways in which small businesses can earn their keep rather than lose it all to the IRS? Many youtubers don't talk about this aspect, and I'm curious about what to expect once my business picks up. (Plus, I just watched a video on the new IRS $600 rule that is to affect the 2023 tax year.) Thanks!

[desTINAsyonPH]

I'm literally, watching every video and listening to free podcast as I start my business about work opportunities for mothers. I know that I'm in the right place knowing that you are a fellow Christian. :) Thanks for this Gillian and may God bless you more. 🙏

[davidthescottishvegan]

Another awesome video and excellent software tools Gillian. Love 🥰 the video and love 💞 Gillian.

[LEARN_WORLD]

Thank you for sharing your valuable information ;it's really helpful

[scotttovey]

Thanks Gillian.
That may be an easy web app.

[frang]

Surprised you have no volume column. my daughter has tons of plants, just noticed your really going green. Thank you!

[Learning_to_Excel]

Great video Gillian! Particularly like the Profit/Loss instructional segment.

We provide Microsoft Excel Tutorial videos that help improves peoples' efficiency and professionalism across the board!

[brandonweir]

Hi thank you for this it really helps. I just want to ask though, when I add my own categories in the Transactions section, how do I get them to appear on the Income Statement? Thank you.