The BOOKKEEPING BASICS for BEGINNERS

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Bookkeeping is the recording of past financial data to make future business decisions. In this tutorial, you'll learn what bookkeeping is and I'll show you how to do it for your small business or startup.
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⏱️TIMESTAMPS
00:00 - Intro
00:44 - What is Bookkeeping?
01:34 - Step 1 of the Bookkeeping Process
03:02 - Step 2 of the Bookkeeping Process
04:24 - Step 3 of the Bookkeeping Process
05:21 - Step 4 of the Bookkeeping Process
06:42 - Step 5 of the Bookkeeping Process
12:03 - Step 6 of the Bookkeeping Process
13:36 - Outro
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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).

Опубликовано:

14 июл 2024

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Комментарии : 314

@kelsiewarren1832 Год назад

As a bookkeeper and now owner of a bookkeeping firm ... this was PERFECT. Great work!!

@Virgo423 Год назад

in order to have your bookkeeping firm did have to obtain a B.S in Bookkeeping

@Jotique Год назад

Are you hiring remotely. I just got my diploma and need song practice

@BimmerBabe Год назад

ok sis! you go girl!

@DukePipeGG 8 месяцев назад

Hi! I would like to interview you!

@dinerochaser1100 6 месяцев назад

I’m trying to get enough practice in order to have my own

@RealtorNewBernNC 11 месяцев назад

This should be mandatory viewing for all new bookkeeping and accounting students!

@rumrunner8260 13 дней назад

I started a CAD (computer aided drafting company) helping people with remodels of their homes and businesses and it's recently really taken off and I really need to wrap my head around this stuff! Great video!!

@cottagekeeper 9 месяцев назад

Wish you had this channel five years ago when no one on RU-vid explained this the way you just did! THANK YOU!!!!

@liltsummerlin423 9 месяцев назад

Thank you for your slow yet precise explanation of this process. Is really hard to take instruction from people whenever they talk too fast that you can't even grasp what they're saying before they move on so I appreciate that you spoke in a slower manner.

@Oscar-rd3bm Месяц назад

Totally agree. Some instructors talk at a hundred mph and expect a thumbs up. and you don't have the slightest clue what they mean.

@cloudaround Год назад

Ugh, I’m so bad at this, but this is the turning point. LYFE Accounting, your videos are excellent. Thank you for the LYFEline! 🏆

@babystepsgarden6162 4 месяца назад

Just beginning learning bookkeeping for my husband's new business. This is invaluable! God bless you for sharing. I have subscribed.

@melissahope5796 2 месяца назад

Thank you for this video! I am starting a business and my mom is going to school for bookkeeping for me. So I am doing basic bookkeeping until she can take over!

@k-deprice 4 месяца назад

Within fourteen minutes you have helped me realize how easy it can be. It is really good you took time and explained this.

@kennyg.4188 Год назад

This is a great video. You did well at providing a synopsis of bookkeeping basics. Succinct yet incredibly informative!

@sshoegirl30004 Год назад

Agreed! ❤

@salalivelovejoy 7 месяцев назад

Thank you for the easy to understand breakdown. The accounting fear and overwhelm is gone 😊

@Sara..300 10 месяцев назад

I have been looking for a video like yours for month’s since English is not my first language your explanation was excellent. Thank you!

@rayoline Год назад

Thank you! I love the way you explain everything!

@greenspiritarts 6 месяцев назад

Thank you for making this informative and helpful video. Perfect for anyone who wants to understand the basic terms and principals for operating their business. You did a great job explaining everything without it being overwhelming or overly complicated. The warm and friendly vibe, steady pace and clear graphics helps newbies feel empowered! Great job, thank you!!!

@lvt2860 10 месяцев назад

I like that your explanations came across quite clearly. Thank you!

@MariaSilva-dp2zz 5 месяцев назад

I don’t have a clue about bookkeeping, but I’d like to learn. I just found this video on RU-vid. You are amazing. It gave me hope. Thank you.🙏🙏

@girrlly4069 4 месяца назад

Same 😅 wishing you good luck

@TheShannonAdawn 6 месяцев назад

This was awesome! Super simple and extremely informative. Thank you for making something so complex more digestible for the everyday civilian!

@noahintara6619 Год назад

Superb Explication. Thank you!

@marymuganda130 3 месяца назад

Impressed been combing through you tube to get something easy to understand on bookkeeping and here it is

@user-yo7wg2bu8o 8 месяцев назад

Great video and great teacher. You went at a great pace. I'm learning!! Thank you.

@basseyinyang5883 24 дня назад

From the simple definition of book keeping, you got me glued to the end. Thank you so much

@diegorafaelsfo Год назад

Thank you for the insight. A much needed refresh with learning this concept.

@emmafellini5809 7 месяцев назад

I love how you are succinct and take great care on speaking clearly.

@b3.b3tt3r 5 месяцев назад

This is a great refresher on basic accounting... Good Job and Thank You.

@ramdaberopalla7525 2 месяца назад

Thank you for sharing your knowledge... I really appreciate your work especially on how simplified and informative it is.

@zabiullahquraishi6588 Год назад

this explanation was so wise and useable, it remind me of when I was studying when I was a student.

@ecombalance3501 8 месяцев назад

Awesome tutorial! Your process is easy and very straightforward. Great job!

@Chynawhite713 Год назад

Thank you so much. I thought I would never understand but you definitely got me feeling like I have it down now. You got a new subscriber here 🎉

@phyllisharvey878 Год назад

Thanks a lot. You really simplified it.

@sambenedict7804 13 дней назад

Amazing video, well paced and very easy to understand yet very informative !

@ibrahim_jamali_ Год назад

wow! explained everything in such a fun way. A very polite and kind approach makes you feel very friendly

@uniquefabricators7182 4 месяца назад

We love the way you explained it!!

@user-pp8ly2wn6t 25 дней назад

Thanks for the new video! I’m looking forward to seeing what other content you post! Always good to learn as much as you can!

@rasTankie 8 месяцев назад

Thank you man you really broke it down plain and simple

@teacherpamspeckman1700 29 дней назад

Thank you so much! You explained everything I needed to learn and you talked at a speed that I kept up with. You are amazing!

@bahardemirci9845 Год назад

I really loved the way you speak, your intonation, explanations and all.. l love you great teacher!! You rised my hopes and gave me energy to grap bookkeeping..

@mauricejohnson1935 7 месяцев назад

"Very" clearly explained. Thank you!

@emmanuelgrace2738 Год назад

I am eternally grateful for this ✊

@yazmut Год назад

well presented and organized information, amazing thank you!

@uyalearning Год назад

Excellent teaching! Thank you.

@ritaclark8900 4 месяца назад

Definitely WORTH your time to watch. Very informative! Great job for review and starters. YES! I subscribed.

@victorineche3224 Год назад

You are such a great teacher

@jalyhnwa Месяц назад

I absolutely LOVE the way you speak when teaching. The emphasis and slow words are how I learn best. I've had to tell my husband to explain boardgame instructions exactly like this 😂

@DeltaCreditRestoration 11 месяцев назад

Great video. Very informative, well structured.

@Adam-dk1nr 6 месяцев назад

I'm currently doing on job training and a cert 3 in finance for experience, now looking to go into bookkeeping after i complete the cert 3, this vid really simplified the definition of what this job contains, great work.

@nikeshpoudel4001 2 месяца назад

What course are you doing?

@Ms_Complexion_V 5 месяцев назад

Thank you for this! I am starting a small e commerce business and let me tell you it has been a journey from the beginning to launching next month (hopefully 😅) I went from not knowing where, when and how to start a business to gaining valuable information through researching everything on my own. I am still learning as I go lol. It’s scary but I love it at the same time! This helps so much.

@Ballerina55 5 месяцев назад

Good for you! Please let me know how things are going.

@Jmz178 6 месяцев назад

Thanks man very clear and to the point 👍

@cesargutierrez4434 4 месяца назад

Spectacular video.. clear and simple introduction thank you!

@NickPerilsr. 2 месяца назад

It's nice to know u have a tutorial regarding financial bookkeeping. IT IS VERY helpful to small business just starting...

@sshoegirl30004 Год назад

Wow.....this video gives me hope that I might be able to get this stuff. Thank you 4 this great video. Awesome❤

@finexinteriors461 Месяц назад

This was a great video for a small business owner who is trying to get a handle on the business books! It actually reaffirmed that we are doing some of the process right and helped to determine what we need to improve. Thank you for sharing your knowledge!

@lc476 Год назад

Simple and informative! Thank you!!!!

@foodiebelin Год назад

Wow! Y’all are awesome. Love supporting our people.

@crisf7125 3 месяца назад

Thank you this is what I was looking for!!!

@bluesapphire7548 3 месяца назад

That was crisp and perfect.

@pierrebelarge892 11 месяцев назад

New to this end of business, and this is a good start for me. Thanks

@cristycanter8514 Год назад

Thanks a lot for the information. You really speak very clear. Thanks.

@osamuyiimasuen4628 3 месяца назад

Great information in 14 mins! WOW!! 👍🏽

@gabrielcaratihan3912 3 месяца назад

Wow! Thank you for this simple yet insightful video abot bookkeeping!

@rishmoney 10 месяцев назад

THE LIKE BUTTON HAD A RAINBOW AROUND IT

@ClementineShmementine 7 месяцев назад

Omg you are making it click ! Thanks- I have a stressful meeting and I am not trained- just self taught

@jrutledge713 Год назад

You are amazing 👍💕🙏☀️ the best of one of them. Well said!!! 🙏

@jorgefraga5045 Год назад

This a great video....Well explained. Great job!

@whynot6058 6 месяцев назад

Great refresher! thank you!!

@Oscar-rd3bm Месяц назад

Definitely a well deserved thumb's up. Excellent teacher explained everything in a way that made it so easy to understand.

@christianacarty1688 6 месяцев назад

This video was amazing. I wrote lots of information which will be beneficial in my small business. Thank you for the wealth of information.

@miklostoldi2454 8 месяцев назад

Man! Just blew my mind! Awesome stuff! I am your subscriber after 5 minutes

@anandhapillay5313 2 месяца назад

wow you always learn something from the slant in which it is presented. Thank You

@laceyharrington1760 7 месяцев назад

Best explanations I've seen yet! I have taken Udemy classes and read books. This is simple and easy to understand. Thank you!

@crishnaholmes7730 6 месяцев назад

Did you complete Udemy course

@Chubbbbyyyyyy Год назад

Great!!! You are to the point ❤🎉🎉🎉🎉❤

@jesrickmunoz8711 10 месяцев назад

Love your videos. So helpful in the opening of my new business

@emmanuelnyanful1433 7 месяцев назад

Hello there, do you know anuone who need a portfolio website to boost his/her presence online? thank you

@skip_myles216 22 дня назад

bro great job.i appreciate you.

@maritzarodriguez3168 Год назад

Slow speaking is very helpfull to me. You got a New subscriber

@ssemakulajohnbosco430 Год назад

Thanks so much, this is very educative

@healingmusic2180 Год назад

thanks bro.....I liked it, very clear and easy to catch....great foe a beginner like me.

@MadamT_ 10 месяцев назад

This is great thank you!

@Gomezgani__ 15 дней назад

The most helpful. 🙌🏼🙌🏼🇲🇼

@bergenstreetgifts4042 Год назад

Useful. Informative. Clear. Thanks!!

@user-zp8ci2mu7f 5 месяцев назад

Thank you for this vid, good introdution to bookkeeping.

@parose4231 2 месяца назад

This helped me sooo much! Thank you!

@neweverymorningmercy3491 6 месяцев назад

This was excellent. I need a little quick something to stick into my head for a job interview tomorrow. This helped tremendously.

@Ballerina55 5 месяцев назад

Did you get the job?

@begenuine4679 Год назад

Best ever video I have ever seen. Good Job👍👍👍👍👍👍

@christineliberty1900 5 месяцев назад

Fantastic explanations. Thank you so much. Super helpful! :)

@user-ot7lv8su1b 9 месяцев назад

this is incredible, amazing work.

@shelitaanders4048 Год назад

Great video very clear and understandable.

@panget3903 11 месяцев назад

This is so easy to understand.

@kaysheff8978 Год назад

this is such a great video, thank you for sharing

@brianliggins1828 Год назад

Excellent material!

@venganzamujer354 Год назад

Thank you so much for making this video. I had years of accounting but I needed a refresher and you have provided that

@hagnag3181 Год назад

Same.

@jhonnyaccsolutions 9 месяцев назад

Glad to get such a nice info, thanks for sharing

@MaryamKhan-vf3zo Год назад

This is a helpful video. Thank you.

@tazzytaz2557 Год назад

Excellent video thank you very much

@kevywilliams3304 11 месяцев назад

Love it !!!! Thanks

@iamahorsenut7541 3 дня назад

So helpful thankyou

@shaan6243 Год назад

Aah its clear all my doubts ☺️ thanks you.

@RaceEater 10 месяцев назад

THANK YOUR FOR THIS GREAT VIDEO AND INFORMATIONS ABOUT BOOKKEEPING, FROM PHILIPPINES

@theresajeffers3982 10 месяцев назад

Thanks 🙏🏽 so much so simple informative. New subscriber🙌🏾

@gleidismazo9250 2 месяца назад

Wonderful video!!! Thank you!!

@alexeberhard9681 Год назад

Amazing job.

@gabrielmakoi622 2 месяца назад

That was easy to follow. Thank you