BOOKKEEPING BASICS: 7 Steps to Get You Started

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Are you tired of struggling with bookkeeping? Join me as I unveil a simple 7-step guide to conquer your finances.

I'll show you how to get started and maintain an effective bookkeeping system. Plus, you'll discover my two bonus tips that will set you up for success!

Don't miss out – watch now and together we'll conquer bookkeeping once and for all!

🔗VIDEO LINKS

🔝 CLOUD ACCOUNTING SOFTWARE

⏱️TIMESTAMPS
00:00 - Intro
00:13 - What is Bookkeeping?
01:11 - STEP 1: Separate Your Business & Personal Transactions
01:49 - STEP 2: Choose A Bookkeeping System
03:05 - STEP 3: Single-Entry Or Double-Entry Bookkeeping
04:28 - STEP 4: Cash Method Vs Accrual Method Of Bookkeeping
05:25 - STEP 5: Recording Transactions
06:11 - STEP 6: Sorting Transactions
06:55 - STEP 7: Storing Transactions
07:53 - BONUS TIP 1: Budget For Taxes
08:27 - BONUS TIP 2: Do Regular Bank Reconciliations

🔎FAQ

🎬LEARN ACCOUNTING BASICS FOR FREE

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DISCLAIMER

Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
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#bookkeeping #bookkeepingbasics #accountingstuff
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Ahhh bookkeeping! One of life's great pleasures.

⏱TIMESTAMPS
00:00 - Intro
00:13 - What is Bookkeeping?
01:11 - STEP 1: Separate Your Business & Personal Transactions
01:49 - STEP 2: Choose A Bookkeeping System
03:05 - STEP 3: Single-Entry Or Double-Entry Bookkeeping
04:28 - STEP 4: Cash Method Vs Accrual Method Of Bookkeeping
05:25 - STEP 5: Recording Transactions
06:11 - STEP 6: Sorting Transactions
06:55 - STEP 7: Storing Transactions
07:53 - BONUS TIP 1: Budget For Taxes
08:27 - BONUS TIP 2: Do Regular Bank Reconciliations

AccountingStuff
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A very interesting video would be if you did the entire Accounting process in a supposed company. From start to finish. You open your own business and you get as far as the completion of the financial statements. step by step. let's see you complete the entire process live! I know the video would be huge, but you would give the whole picture perfectly! Keep up he good work!

violetsystems
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Not sure why I clicked on this, but I have my masters in accounting and it was sort of refreshing to watch a video about the basics. What a great rundown!!

kingxcannon
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Your content is very informative and straight to the point. Thank you

BABYGIRLU
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Just found your channel and I love your Channel James!! You are fun and engaging, and I love the dog. I work as a staff accountant in the USA and love your information. We need more people to go into accounitng; we have a shortage! Keep up the good and interesting videos!

dudehere
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James, I am so thankful to find your channel! Highly engaging, informative, useful and humorous (plus dogs!). All the flowers for you 💐

stolichnora
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Thank you so much.. very clear.. useful .. And interesting ...actually well done.. 😊

marshaleeabeyrathna
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Thank you for your videos James! Can we also have a video on irrecoverable debts and allowance for receivables, please?

zzsiyingzz
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Thank you so much for your Informative Content! A lot of value indeed !

mattmatt
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Thank you for your videos very interesting and instructives

rachid-
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Another EXCELLENT video, James my boy!

Yo_Kelz
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Finished the ACCOUNTING BASICS for Beginners (Whole Playlist). Thank you sir for the playlist. Hopefully you will make a playlist like this on Managerial Accounting. Till then, thank you and Goodbye Sir. One of the best accounting teacher i have gone through.

🤟

abrarrownak
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Hi james, it's always a joy to learn from you

yousufmohammed
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You're an amazing professor! Thanks for sharing!

joaopedrorocha
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Super glad I watched Hector's video and he recommended your chann! 😊

osmfmbh
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Great as always, the value you give away is appreciated sir 🙏

ahmedsaeedbj
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Just got an aca graduate role for september, gonna prepare with all ur videos big man

alexmason
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Love your channel from Armenia. Love the quality as well as the topics, keep it up bro!

tytrrtt
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Thank you!!! I have zero experience and this is clear and simple. Much appreciated.

magalimckay
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Great video thank you for helping me out with the basics. I'm new to this so it helped me out tremendously!!!

koisuhart