Bookkeeping Basics: 7 Easy Steps to Start 📚

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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!

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🔗VIDEO LINKS

▪ Accounting Basics video → https://youtu.be/yYX4bvQSqbo
▪ Bank Reconciliation video → https://youtu.be/zhmO3DM3YiY

🔝 CLOUD ACCOUNTING SOFTWARE
▪ XERO (Free Trial / Discount) → https://xero5440.partnerlinks.io/08mfchsgfw8z
▪ QuickBooks Online USA (Free Trial / Discount) → https://geni.us/quickbooksonlineusa
▪ QuickBooks Online Canada (Free Trial / Discount) → https://geni.us/quickbooksonlinecanada
▪ Freshbooks → https://www.freshbooks.com/
▪ Wave Accounting → https://www.waveapps.com/
▪ Sage → https://www.sage.com/

⏱️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
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m

🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb

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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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