6 Bookkeeping Tips for Your Business! [[What You Actually Need to Know]]

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  • เผยแพร่เมื่อ 10 มิ.ย. 2024
  • You should know by now that bookkeeping is NEEDED in order for your business to thrive.
    QuickBooks Discount: bit.ly/qbmycpa
    But perhaps you need some help to make the process easier. This video will give you tips on making the bookkeeping function in your business successful.
    Subscribe: bit.ly/2HJlq46
    Watch to learn more.
    Intro: (0:00)
    Tip #1: (1:56)
    Tip #2: (3:38)
    Tip #3: (4:53)
    Tip #4: (6:02)
    Tip #5: (6:47)
    Tip #6: (7:33)
    Interested in talking with someone from our team? Sign up to get notified when we are accepting new clients here: lyfeaccounting.com/coming-soon/
    ///
    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).

ความคิดเห็น • 56

  • @michellebryant5627
    @michellebryant5627 3 ปีที่แล้ว +3

    I’m glad we’re subscribers! Thank you for taking the to provide this information. It’s very helpful and needed! We appreciate everyone at Lyfe Accounting they’re awesome to work with. This channel has really been a blessing to our company in so many ways. We declare that your company continues to increase more and more. Thank s again for the professional information and tips we learned a lot!! We look forward to working with you again in the near future

    • @LYFEAccounting
      @LYFEAccounting  3 ปีที่แล้ว +1

      WOW, I have to Pin this comment because it was so awesome and rewarding to hear. Thank you so much for taking the time to write it :)

  • @harleyehuffinejr2082
    @harleyehuffinejr2082 3 ปีที่แล้ว +3

    I'm going to make sure every business person that I know definitely gets this video another big hit videos

  • @LYFEMarketingAtlanta
    @LYFEMarketingAtlanta 3 ปีที่แล้ว +3

    These tips have worked well for us. :)

  • @harleyehuffinejr2082
    @harleyehuffinejr2082 3 ปีที่แล้ว +2

    Thank God for you guys small business owners like myself just beginning so hard I don't understand all the rules and regulation need to have this video is truly a blessing thank you so much for the time you guys take out of your lives to do this for us and yourselves

    • @LYFEAccounting
      @LYFEAccounting  3 ปีที่แล้ว +1

      We appreciate your support Harley

  • @cathyb.7141
    @cathyb.7141 2 ปีที่แล้ว +1

    This was so so so helpful you are a pure life saver

  • @Tony99410
    @Tony99410 3 ปีที่แล้ว +3

    I love this channel, thank you guys for putting up these videos they help out a lot!

    • @LYFEAccounting
      @LYFEAccounting  3 ปีที่แล้ว

      Glad you enjoy it! Hope you consider subscribing?

  • @shantryce375
    @shantryce375 3 ปีที่แล้ว +2

    I just found this channel and I love it! Great topics!

  • @divinemakeup2334
    @divinemakeup2334 2 ปีที่แล้ว

    I love this channel!! Thank you for the information

  • @wendydaniels8618
    @wendydaniels8618 2 ปีที่แล้ว

    Good general overview of bookkeeping and why it's important for small businesses. 👏🏾

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว

      Thank you, Wendy. There's more where that comes from =) Hope you're subscribed!

  • @corinaali4290
    @corinaali4290 2 ปีที่แล้ว

    Thank you much for this video, great information!.

  • @wys6711
    @wys6711 2 ปีที่แล้ว

    Thank you My Love 🍒

  • @trevorleeanderson
    @trevorleeanderson 2 ปีที่แล้ว

    Thanks for sharing 🙌

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว +1

      My pleasure! Thanks for watching.

  • @laviniaarshid8789
    @laviniaarshid8789 2 ปีที่แล้ว +1

    Good tips! Thank you very much

  • @andrewnielsen8032
    @andrewnielsen8032 2 ปีที่แล้ว +1

    So if I want to write off bills like cell phone, internet etc. I should switch those bills from my personal accounts over to my business account? Loving all the content by the way!

  • @jyctv5827
    @jyctv5827 3 ปีที่แล้ว +2

    nice tips

  • @kassimbabika
    @kassimbabika 3 ปีที่แล้ว

    Great videos - very helpful, informative and concise.
    One bit I don't quite understand here though: why would a bookkeeper prepare sales invoices? Isn't that part of the day to day business operations to be done by a company and it's employees?
    Whereas an outsourced bookkeeper is usually an irregular contractor for a business, like weekly or monthly?

  • @Dmack74
    @Dmack74 3 ปีที่แล้ว +1

    Good info

  • @cathyb.7141
    @cathyb.7141 2 ปีที่แล้ว +1

    What bank do you like for a small business start up

  • @tiffanynicolebeauty6063
    @tiffanynicolebeauty6063 3 ปีที่แล้ว +2

    Great content! Thank you so much. Which bookkeeping software would you recommend for a salon business? I was looking at quickbooks. Or would a simple excel spreadsheet work?

    • @LYFEAccounting
      @LYFEAccounting  3 ปีที่แล้ว

      Both can work, it would depend on the amount of transactions you have. As a Salon, I would imagine you are seeing alot of customers, so probably Quickbooks

    • @tiffanynicolebeauty6063
      @tiffanynicolebeauty6063 3 ปีที่แล้ว +1

      @@LYFEAccounting I signed up for it yesterday and I'm mad I didn't do it sooner. Thank you! I wish you guys were accepting new clients. Love your content!

    • @LYFEAccounting
      @LYFEAccounting  3 ปีที่แล้ว

      @@tiffanynicolebeauty6063 Awesome, stay connected, we will soon :)

  • @commonsensecrypto9009
    @commonsensecrypto9009 3 ปีที่แล้ว +2

    Keep up the great work on the channel. Quick question. If I am single and hold 5 stocks for more than a year. Each one I have a capital gain of 10k. When I sell do I get 0% capital gains tax? Or would I have to pay capital gains tax on 10k? (50k - 40k)

    • @LYFEAccounting
      @LYFEAccounting  3 ปีที่แล้ว +1

      I’d expect to pay a long-term capital gain tax (15-20%) on the difference when you sell.

    • @commonsensecrypto9009
      @commonsensecrypto9009 3 ปีที่แล้ว

      @@LYFEAccounting appreciate your help 💯

  • @sulaimanal-barwani9526
    @sulaimanal-barwani9526 3 ปีที่แล้ว

    Recommended outsourcing accounting firm? And can it be an online service? Just in case the company and the firm are not in the same country

  • @rtanaka
    @rtanaka 3 ปีที่แล้ว

    Excellent tips. Keep up the great work

  • @donnadeacon3639
    @donnadeacon3639 ปีที่แล้ว

    Mi sey!
    Yaaa di BOOOSSSSSS!!!!

  • @kermitshamburger774
    @kermitshamburger774 3 ปีที่แล้ว +3

    You all at Lyfe accounting provide such great content thank you! . . I am a sole proprietor and I do freelance video and photography for individuals , Churches and business. I have one client that I do contact work for that has paid me the exact same amount every Friday for two years (1099). What is the best software for me to use to keep up with my ( fairly simple accounting) and be able to print a professional looking receipt / invoice for my clients? . .

    • @LYFEAccounting
      @LYFEAccounting  3 ปีที่แล้ว +1

      Thank you! We would definitely go with Quickbooks online for what you're trying to accomplish

    • @kermitshamburger774
      @kermitshamburger774 3 ปีที่แล้ว

      @@LYFEAccounting Thank you !

  • @philgrant1132
    @philgrant1132 2 ปีที่แล้ว

    How do i do my book keeping as a IC?

  • @heathermills1220
    @heathermills1220 3 ปีที่แล้ว

    Can you lead me in the right direction for a sole member swimming pool service company as far as book keeping and accounting software like a all in one

  • @lmmbeats6962
    @lmmbeats6962 2 ปีที่แล้ว

    Hello: If I have my LLC at home, do I have to pay the bills with the business account or the personal account?

  • @jbrown-caminita2926
    @jbrown-caminita2926 ปีที่แล้ว

    Are you accepting new clients? Please advise. Thank you

  • @yourfriend4170
    @yourfriend4170 2 ปีที่แล้ว

    Some say to keep receipts for 3 years, some say 6, some say 7… lol what’s the real truth??

  • @colbydurrentt2129
    @colbydurrentt2129 3 ปีที่แล้ว

    The clean david culturally kiss because drake histochemically injure until a large fold. productive, awesome bull

  • @ErmieT
    @ErmieT 3 ปีที่แล้ว +3

    Found your intro too long.

    • @LYFEAccounting
      @LYFEAccounting  3 ปีที่แล้ว +1

      Thanks for the feedback Ermie.

    • @threedee593
      @threedee593 2 ปีที่แล้ว +1

      You should appreciate the content.. geeezzzz

  • @Dvegastyle
    @Dvegastyle หลายเดือนก่อน

    Ekspecially in the beginning ))
    Why say properly, when it’s not that funny ekspecially from serious tax firm..

  • @gliacheyamati2821
    @gliacheyamati2821 3 ปีที่แล้ว +1

    Good. I wait for love from you 💝💖