Simple Bookkeeping Tips for Beginners 📘

Today I'm doing a live tutorial of bookkeeping for small business. This will give you the basics of everything you need to get started using quickbooks online in 2025. I'll go through this step by step so you can follow along, even if you are a beginner with no experience using accounting software.

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Timestamps
Intro (0:00)
Quickbooks Account Setup (0:22)
For Bookkeepers & Firms (2:35)
Dashboard & Chart of Accounts (3:02)
Connecting Business Bank Accounts (5:00)
Categorizing Transactions (6:23)
Automations & Creating QBO Rules (7:50)
Accounts Receivables & Account Payables (9:49)
How to do Reconciliations (10:52)
Truth About Reconciliation (12:27)
Generating Financial Statements (13:30)
How to Pay Contractors (14:28)
How to Pay W-2 Employees (15:43)
Bottom Line is This(18:05)

Watch these next:
https://youtu.be/Rz0l57A2iEk
https://youtu.be/N_el5FlXNiY
https://youtu.be/R7BNZPCz310
https://youtu.be/YLCVoDZ0fYc

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).