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Bookkeeping Basics 

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27 сен 2024

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Комментарии : 185   
@ChristopherFrank3
@ChristopherFrank3 18 дней назад
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
@LindaPatricia02
@LindaPatricia02 18 дней назад
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
@Soniajohn4
@Soniajohn4 18 дней назад
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
@AndrewHenry06
@AndrewHenry06 18 дней назад
Could you possibly recommend a CFA you've consulted with?
@Soniajohn4
@Soniajohn4 18 дней назад
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
@AndrewHenry06
@AndrewHenry06 18 дней назад
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
@aneesakhan7803
@aneesakhan7803 6 месяцев назад
I'm a widow who's trying to find a career in my 40's to support my children, I wanted to enroll in technical training in bookkeeping. This video serves as an introduction before I begin my journey. Thank you❤
@TL-tu1cd
@TL-tu1cd 2 месяца назад
same here. good luck for your future endeavours.
@cassinaus
@cassinaus 2 года назад
I'm in my late 30s, trying to change career paths and move into bookkeeping, I have 0 finance background and find the terminology overwhelming but your video explained it so simply and by using examples and how they relate to personal finance really helped. Thankyou so much, as i move through my course I'm going to watch more of your content.
@kevywilliams3304
@kevywilliams3304 Год назад
Take an accounting course .. it will be better then this !
@lilswtangel92
@lilswtangel92 Год назад
Same here, and I’m in my mid 30s. How’s bookkeeping going?
@denisevalenzuela1813
@denisevalenzuela1813 Год назад
I'm in the exact same situation now, would also like to know how's it been this last year with bookkeeping? All the best!
@Vibred22
@Vibred22 11 месяцев назад
@cass3004 how's it going a year later for you?
@cassinaus
@cassinaus 11 месяцев назад
@Vibred22 got diagnosed with ADHD 🤣 numbers are not for me.
@cristinamarrone8515
@cristinamarrone8515 4 года назад
Great lesson! I am an italian accountant I 've a pretty good experience, having worked for many years in an italian company, now I've moved in London so I've just taken the first step, attending a course at AAT, for bookkeeping level 1. Studying here, I see that the principles are the same,but however it's important to learn the language of accounting in engilsh.
@lucasayres14
@lucasayres14 3 года назад
Same here. I'm a brazilian economist and i have been working with accounting for some years now. Looking forward to expand knowledge for some future opportunities abroad.
@laurastiles4784
@laurastiles4784 3 года назад
So glad I found your channel. Your logical breakdown really speaks to me. I can’t digest details until I have an overview map to stick it in. Can’t wait to keep watching!
@kapetannemo
@kapetannemo 3 года назад
In Serbia ,in our accounting Income Statement is called Balance of Success...:) and Balance Sheet is called Balance of Situation :)
@augustayartehyarteh4467
@augustayartehyarteh4467 4 года назад
Look at me enjoying this things. I will start my book camp very soon. Ooh boy You tub. I am falling in love with this platform for me to grab all this sweet great teaching. Thanks a lot to all the team of this great You tube. I feel relax by enjoying all this solid explanations. Perfect video for some of us. I think most of my number in the income statement should be positive number. I try hard to do my work and get positive number instead of negative numbers if I do my work and end up to get negative number i think my calculation is wrong some where.dont forget about wages expense, depreciations Expense, suppliers Expense and salaries Expenses And so forth.
@ThomasGrantMacDonald
@ThomasGrantMacDonald 5 лет назад
Fantastic. Just started learning how to use Quickbooks for our small business and this was an excellent introduction to bookkeeping. Excited to watch the rest of the series!
@lalamalelang4983
@lalamalelang4983 3 года назад
quickbooks and xero are using in bookkeeping like this. u try the quickbooks. i think there is a trial so u can explore how to use quickbooks.
@erikthered4876
@erikthered4876 Год назад
Amazing! I love your teaching! I’m going to binge watch all of these. Thank You 😊
@diyam6321
@diyam6321 2 года назад
I just love your videos! They are very easy and simple to understand, and I'm so glad that I found these.
@BrownFam1225
@BrownFam1225 3 года назад
Thank you very much for breaking this down the way you did. I've watched a couple videos many people share their lived experiences and don't just really get into the video as far as the ins and outs thanks so much!!
@jasminecastaneda6216
@jasminecastaneda6216 5 лет назад
Best intro to bookkeeping video I have seen
@sjklaus8722
@sjklaus8722 3 года назад
Thank you so much. Your video is really helpful for a beginner like me who is trying to look into bookkeeping as another skill to learn and earn later on.
@aliciarhymes8622
@aliciarhymes8622 3 года назад
Super easy to understand. I was looking for some videos to help refresh my memory and brush up on bookkeeping and accounting and this is awesome!! I look forward to watching the others
@lisakelly4446
@lisakelly4446 3 года назад
I retired after 34 as comptroller for a law firm. Launching out on my own. Learning the differences in QBO. Great video!!!
@ManzoKnows
@ManzoKnows Год назад
What a great presentation! Definitely a better explanation of this than my college professor!
@scuppaman
@scuppaman 3 года назад
You're an absolute legendary trainer dude!
@rociogarcia291
@rociogarcia291 4 месяца назад
Agree 👍 !
@nadinenoky3652
@nadinenoky3652 3 года назад
Thank you for making this available! So well done and easy to follow.
@lalamalelang5670
@lalamalelang5670 3 года назад
Thank u im lesrning a lot. I really want to learn bookkepping as a bookkeeper in the company or to my client in his business. Il keep watcjing this video until it sink in my head. I will memorize it.
@dammifonseka4495
@dammifonseka4495 2 года назад
I'm really appreciate this video. You are a really good teacher. Thank you very much.
@channingpickle
@channingpickle 3 года назад
This is amazing! I wish there was more :)
@augustayartehyarteh4467
@augustayartehyarteh4467 4 года назад
Thank you so much for giving us this great concept of basic on accounting Really book keeping is very important for accountant to know about it. Is really helpful. You will know how to make your checks and all the transactions that went through your account for the day i am listening to the video two times and take notes of each explanations . Thanks a lot.
@sharonsauro567
@sharonsauro567 3 года назад
Fantastic, easy to understand explanation and teaching, thank you!
@lhoravn2481
@lhoravn2481 4 года назад
HOW IS THIS FREE?? thank you SO much
@JosiahL87
@JosiahL87 2 года назад
Freakin’ seriously! Subscribed instantly after the shear value delivered even in the first few minutes!
@rociogarcia291
@rociogarcia291 4 месяца назад
I just came across this amazing video. After watching so many videos on accounting & bookkeeping, this is the best. An I too late on the free lesson? Or whatever it is😮
@kstarr3210
@kstarr3210 2 года назад
Accidentally click here, and now I'm hooked thanks
@brynnmatthews1730
@brynnmatthews1730 2 года назад
I really appreciate this video. You have a great way at explaining things-thank you!
@naturallynae2378
@naturallynae2378 2 года назад
very direct and informative video; you are a great teacher and really allowed me to grasp the concept
@nedmwe
@nedmwe Год назад
Great. U made it really easy to understand. U teach really well. Thank you so much.
@aminamirindi3495
@aminamirindi3495 3 года назад
This was really good and very very informative. Thank you so much
@roginize
@roginize 2 года назад
Great teacher. Thank you. I want to see complete QuickBooks training for beginners please.
@eseovheegborge7510
@eseovheegborge7510 3 года назад
You are awesome and a great teacher. Thanks
@deepamanickam1227
@deepamanickam1227 3 года назад
You are talent teacher humble request please bookkeeping full video class
@catalinalee1
@catalinalee1 5 лет назад
Thank you for sharing this video!
@briannau4128
@briannau4128 4 года назад
Do you happen to know which is more important to learn as a bookkeeper, Excel or Quickbooks?
@rociogarcia291
@rociogarcia291 4 месяца назад
Definitely QB.
@inscapedesign101
@inscapedesign101 3 года назад
Thank you for very clear explanation, I will watch the next video :)
@garyjohnson4608
@garyjohnson4608 3 года назад
Thank you for a great and clear video !!!!!
@SCLana
@SCLana 5 лет назад
Omg:) so helpful!! Thank you, i will watch more.
@my2catsvideo
@my2catsvideo 5 лет назад
great explanation! I really understand how all this comes together in QBO
@joshdillingham1598
@joshdillingham1598 4 года назад
At 13:00 you misspoke when talking about the check writing example. You said that your expenses went down with the debit, but expenses go up with a debit.
@zoraliu4957
@zoraliu4957 4 года назад
Josh, I totally agreed with you. I was really confused, normally, expenses go up, and we debit it.
@gurpreetsinghnandhra
@gurpreetsinghnandhra 3 года назад
This is incredible and well worth the listen!
@yohanneslucky5538
@yohanneslucky5538 3 года назад
Thank you for educating me.
@TheSamale
@TheSamale 3 года назад
Christopher your legends your saver.
@EnglishPowerBrain
@EnglishPowerBrain 2 года назад
Thank you, you teach great!
@trinastevens1499
@trinastevens1499 3 года назад
Thank you for your very educational video
@gaganrai9601
@gaganrai9601 3 года назад
great explanation, thank you!
@tj7280
@tj7280 4 года назад
Excellent video
@CoachShaunie
@CoachShaunie 11 месяцев назад
Very helpful. Thank you!
@jerrygebrekirstos8006
@jerrygebrekirstos8006 4 года назад
Really, i appreciate your way of teaching ,keep going .I blessed you in the name of Jesus!!!
@julianamartinez5303
@julianamartinez5303 2 года назад
With this course can you do bookkeeping for other businesses? Like offer bookkeeping as a service?
@salmale3783
@salmale3783 Год назад
waaaaw actually a masterpiece video
@betty179
@betty179 3 года назад
Thank you so much! Great value content
@bluerex21
@bluerex21 Год назад
This is my first time watching this. We are matching the balance sheet and the income statement right? Like Wells Fargo bank and QuickBooks when i saw says matched did they match the balance sheet and income statement from that bank to quickbooks?
@hadassahkefa9485
@hadassahkefa9485 3 года назад
This is truly awesome thank you!
@Mountain-Sam
@Mountain-Sam Год назад
at 12:56 I believe there is a mistake. If someone can please explain that would be great. He states a debit to the expense account decreases the amount but a debit to an expense account "increases" the expense account. A credit would decrease the expense account not a debit. Can someone please confirm? Thanks!
@ew6720
@ew6720 Год назад
I’m private accounting. So I understand
@concerned_2023
@concerned_2023 4 года назад
I the way I have always remembered debits and credits is to start with the bank. The first dollar into your business is deposited and recorded as a debit. How it got there is a credit.
@chrisfable2741
@chrisfable2741 3 года назад
Thank you for this video. Am about to start bookkeeping and this really helped me. Please how can i contact you for some personal question. Thanks.
@richhenry7540
@richhenry7540 2 года назад
Great channel. Shame no recent videos.
@Sohailali1
@Sohailali1 4 года назад
Unfortunately, you never updated/uploaded deep dive 2 video...
@manvirdhaliwal3412
@manvirdhaliwal3412 2 года назад
great job
@stop_stalkingme599
@stop_stalkingme599 3 года назад
Thank you!!!🙂🙂🙂👍👍👍
@lisalones7997
@lisalones7997 Год назад
Sir i wish u was my teacher
@sportsstuff133
@sportsstuff133 3 года назад
such a comprehensive video!!! Thanks a lot
@4amwaj
@4amwaj 4 года назад
really enjoying this video. almost at 1000 subs!!
@SD-rg5mj
@SD-rg5mj 2 года назад
Hello, I speak English badly and therefore I don't understand what you are saying, finally I wanted to ask you a question,I am French and I live in France but I opened an LLC to buy American wholesalers and resell on Amazon US, accounting in France is very difficult, is it true that the Accounting in the United States is very simple?
@MrManny9677
@MrManny9677 4 года назад
Doesn't he sound like the guy from Khan Academy? Thank you for your video.
@aidanthompson5053
@aidanthompson5053 4 года назад
I thought that too, it's strange
@normacocks8410
@normacocks8410 5 лет назад
very good explanation👍
@MiekoPhotography
@MiekoPhotography 4 года назад
Thank you!!!
@thedinozoo468
@thedinozoo468 4 года назад
We use for DHL this link here for making quick invoices at The Dino Zoo
@kurlygurlliz1364
@kurlygurlliz1364 4 года назад
This may be a different video and if so please send me the link, but I just started my bookkeeping via excel Im hung up right now on how to calculate into the equation the tax on good sold and discounts. I have an item I am trying to factor in the discount and the sales tax but it’s throwing off my balance (not matching the bank account balance). I just want to be able to document the discounts being used so I’m adding them in there and not sure if it’s a good idea or just throwing me off... wish I could show you a snap shot of my screen 😫
@sofisticatedfey
@sofisticatedfey 4 года назад
simplest way for me to explain is separate all three sale, discount and tax then figure out which account everything is supposed to go into. Credit: Sale + Sales Tax payable Debit: cash + sale discounts
@yeseniasai4480
@yeseniasai4480 2 года назад
Super useful
@pauzaid1981
@pauzaid1981 2 года назад
amazing
@Autismteenandfam
@Autismteenandfam 3 года назад
Thank you
@virtualbusinessline2233
@virtualbusinessline2233 4 года назад
This is awesome
@dsbennett
@dsbennett 2 года назад
Set playback speed to 1.5 so you don't fall asleep.
@anneliserolelnelambaye3385
@anneliserolelnelambaye3385 4 года назад
Clearly explained
@TheGameShocker
@TheGameShocker 4 года назад
Good video.
@louiejane
@louiejane 3 года назад
Thanks
@amitpathak7502
@amitpathak7502 8 месяцев назад
Hello Sir I am from accounting background 0 experience in canada living saksstoon. Looking for free volunteer work if you can suggest.
@silviazegarra6066
@silviazegarra6066 3 года назад
exelent
@keycommercellc4462
@keycommercellc4462 5 лет назад
Good information. Thank you.
@BrandonLovoi
@BrandonLovoi 2 месяца назад
small business university?
@Unityframe
@Unityframe 2 года назад
"only if you want to do it." Well there is nothing I want to do so I'm doing it lol
@kevywilliams3304
@kevywilliams3304 Год назад
Why are you telling us who to be in the beginning …..
@aloneproject2282
@aloneproject2282 3 года назад
We to
@mujaflorence5343
@mujaflorence5343 2 года назад
Wow I love the concept thank you so much
@SRBGMAIL
@SRBGMAIL 3 года назад
A very helpful video!
@bigbellybella1283
@bigbellybella1283 4 года назад
I’m really starting to grasp this and I have no education in bookkeeping or accounting. You are a fantastic teacher!
@augustayartehyarteh4467
@augustayartehyarteh4467 4 года назад
I know this people knows how to explain in details, for us to understand well. I think we should know more about book keeping and other accounting teachings. You tubes is the best place we will enjoy their solid explanations.
@kjcena2475
@kjcena2475 3 года назад
Thank you
@lisadickinson2101
@lisadickinson2101 3 года назад
Excellent teaching style. I actually understood the concepts. Thank you for the concise and uncomplicated explanations.
@DebasisMaity
@DebasisMaity 5 лет назад
Awesome explanation. This is first time m seeing n trying to understand what is bookkeeping and I understood each n every thing u explained ..
@a__wills
@a__wills 4 года назад
OMG I LOVE the way you explain Debit and Credit! SO obvious now!!!
@shishuification
@shishuification 2 года назад
Very great teacher, picking up the concept like a pro.
@Cris-hk4cn
@Cris-hk4cn 5 лет назад
Great video!!! I really understand you, are an excellent teacher. Thanks
@jhnisclry
@jhnisclry 2 года назад
I Have a small biz and this video is a big help for me, the informations is great and im thankful that i learned a lot.
@Justnthyme
@Justnthyme 3 месяца назад
just because you've earned $5,000 of net income for a period does not mean you'll have $5,000 to withdraw from business
@MaryLee-r2v
@MaryLee-r2v 6 дней назад
Brown James Gonzalez Sandra Thompson Michelle
@helium73
@helium73 Год назад
So if the Net income is negative what's wrong is that you're losing money? Or by something wrong do you only mean you made a mistake?
@StakeCake
@StakeCake 3 года назад
I still have no idea how to do any of this lol
@stop_stalkingme599
@stop_stalkingme599 3 года назад
😄😄😄
@jackiereid-ward3717
@jackiereid-ward3717 6 месяцев назад
How do I see the rest of the series. This method of teaching is the best.
@katiacristinabezerra6007
@katiacristinabezerra6007 3 года назад
Thank you, very informative, great explanation, easy and practical.
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