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How To Do a FULL YEAR [2023] Of Bookkeeping CATCH-UP or CLEAN UP 

Bookkeeping Expert
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Are you eager to launch your own online bookkeeping business but unsure where to begin? I provide you with a detailed step-by-step guide to kickstart your journey as a bookkeeping entrepreneur. Discover essential tips, tools, and strategies to succeed in this lucrative field. Watch now and take the first steps towards financial independence and a thriving online bookkeeping business!
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14 июл 2024

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Комментарии : 24   
@unikovida6645
@unikovida6645 3 месяца назад
@ 12:20 So true! Keep it simple! Dont overcomplicate things 👍
@BookkeepingExpert
@BookkeepingExpert 3 месяца назад
Exactly!
@darajanwary
@darajanwary 4 месяца назад
Thank you so much you created video on this topic!
@BookkeepingExpert
@BookkeepingExpert 4 месяца назад
You're welcome!
@manishkant7346
@manishkant7346 4 месяца назад
Thanks
@BookkeepingExpert
@BookkeepingExpert 4 месяца назад
Welcome
@HamzaAli-sc2yj
@HamzaAli-sc2yj 4 месяца назад
Hi Zack, Thank you soo much for making these amazing tutorial videos. Can you also make a video about migrating the balance sheet items when clients are either moving first time to accounting software(QBO) or moving to QBO from any other accounting software? Thank you
@BookkeepingExpert
@BookkeepingExpert 4 месяца назад
You're welcome!!
@JavarisJAskin
@JavarisJAskin 4 месяца назад
Always providing great info! If you had a client that sells inventory (clothing line business for example) online how would you account for the customers in quickbooks? I’d assume they wouldn’t know exactly who purchased inventory if it was an online purchase so would I need to enter a customer name?
@BookkeepingExpert
@BookkeepingExpert 4 месяца назад
Most likely, the inventory and customers would be tracked through their POS, not QBO
@chytealthedeal
@chytealthedeal Месяц назад
Another very small received amount is Interest/Divided from a bank account 😁.
@BookkeepingExpert
@BookkeepingExpert Месяц назад
Good point!
@chytealthedeal
@chytealthedeal Месяц назад
Cash ATM Deposit 😅 But awesome video 🤜🏾🤛🏾
@justapersonalaccount
@justapersonalaccount 4 месяца назад
can you talk about the complicated parts that you mentioned like depreciation, amortization, and journal entries.
@BookkeepingExpert
@BookkeepingExpert 4 месяца назад
I might in my next video!
@JASON-vn9nn
@JASON-vn9nn 4 месяца назад
Hey Zach, quick question. What do you think the future holds for Bookkkeeping and ai? Can you provide your opinion regarding if ai will replace business owners in the Bookkeeping space? Thank you Zach.
@BookkeepingExpert
@BookkeepingExpert 4 месяца назад
I have no idea! I'm not worried about it right now
@r.miah1
@r.miah1 4 месяца назад
Hi Zach I had a question. Is this bookkeeping business model scalable in terms of time and impact. What I mean to say is, is there potential in the future to turn a bookkeeping business passive for the owner? Where the owner, for example me will not have to work all the time? Thanks.
@BookkeepingExpert
@BookkeepingExpert 4 месяца назад
Absolutely! Just hire employees to work for you
@tony.973
@tony.973 3 месяца назад
Hi Zach, i have a question for you, my client is a cash basis service company, and they got a refund from supplier (home depot), what is the correct way to record this? I recorded it as income since essentially they are receiving the money back into their business checking account. Could you please share any insight you may have. Thanks for the great videos you share by the way. Especially on how to start your own bookkeeping business!
@BookkeepingExpert
@BookkeepingExpert 3 месяца назад
For a refund, record it the same way as when they originally purchased the supplies. This of it as a "negative expense"
@tony.973
@tony.973 3 месяца назад
Thanks for that Zach, so i did notice that my clients books has them as being as “income”. They recorded all refunds that way. I was planning to undo the reconciliation and make the changes as to what you suggested “negative expense”. For example: Vendor: home depot Category: supplies & materials Detail type: expense Amount: $10 So, your way would be as follows? Vendor: home depot Category: supplies & materials Detail type: expense Amount: -$10
@preciousdavid.
@preciousdavid. 4 месяца назад
Do you have a bookkeeping course ?
@BookkeepingExpert
@BookkeepingExpert 4 месяца назад
hbg-bookkeeping.mykajabi.com/
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