This is the first time since I started trying to learn bookkeeping a year ago, that I actually finally understand what double entry bookkeeping is and looks like. You are a brilliant teacher! Thank you so much for these videos! The only thing I'm not grasping yet is how to know what to enter as the transaction and how to know what account to enter.
Thanks so much, Amber. You will get there, just keep watching! There are lot's more free accounting courses on my website www.freebookkeepingaccounting.com. Thanks.
Thank you! You’re one of the only people offering entirely free support to small businesses, so well done you! I also admire the fact you take time to address your comments. Elite TH-camr! 🙌🏻
I’m so interested in being a bookkeeper that I purchased an almost $1000 course! I started it and I’ve been incredibly confused since (I’m requesting a refund today). 3 videos in with your free course and I already understand more than with my paid one! Thank you for putting these on YT for free! Very much considering the ultimate course!
Thank you, I have an exam on coming sunday and i was totally confused before watching this. You are amazing. I might just pass the Financial Accounting Exam after viewing all ur videos
You're a great teacher! Thank you very much. I can easily understand your explanation. I hope you continue to share your knowledge here on youtube. God bless you!
Hi there! I am currently enrolled in a bookkeeping course and was having a hard time understanding their method of teaching. I found your content, and needed to say thank you! You were able to break it down into understandable steps for me, doing what coursera or intuit could not. Bravo! Will recommend.
I did the AAT some years ago before taking time out to do a Psychology degree (yep I know quite different) - this brief course was great as a very succinct, comprehensive reminder - so much so I am thinking of taking the Ultimate Bookkeeping Course even though I have covered everything there before in my studies, but at the very reasonable value of £85 (£65) currently it is very tempting. For anyone getting started in bookkeeping you really can't go wrong with these videos and I think they are a good example of the quality one might expect from his courses. Thank you so much for this great quality free content Bookkeeping Master.
I came across your channel seeking information on how to become a virtual bookkeeper I GET IT BUT ITS CONFUSING IF….you think of it as a consumer! It will take awhile to absorb and determine what the entry should be classified as but I GET IT! I love the way you break things down for understanding😊
Hey,keep it up. You are blessing so many by sharing your time and experience. I am going to be donating soon, I want to show my appreciation with my $$ to encourage you to continue this work.
This was a great video. Very interactive. I paused in between your examples to figure it out for myself. It cleared some things up for me. Thanks BK master!
Wow Sir, I just started to watch your videos today and I am on the 3rd video now within the day, and I am so eager to watch each of it.. I remember what you said on your 1st video."if your type of a person who loves the budgeting expenses and this one is for you".. and surely I am that kind of person...! and besides I have several years experience handling cash and billing transactions. Now think I already found my Niche in the Freelancing world! Thank you for your kindness in sharing this for FREE. God Bless.
Thank you so much for these videos I have an exam next week and I was feeling super insecure about it but now that I’ve seen all of your videos I feel more confident to pass my exam!!
This is my first time learning about booking keeping I'm finding it so interesting and educated. 💯⭐⭐⭐⭐⭐I'm hoping to Excell by watching and learning from these videos.
Today iam going to enroll myself for aat bookkeeping as my husband wants me to go for this course.iam new mom as well so I was so skeptical to go forward for the course but after watching your videos now I got kind of confidence within me thankku very much. Please keep up the good work that too for free. Can't thank you enough.
Thank you! I'm getting in there. I don't know anything about this, my husband owns a landscaping company. and I want to help him with all of these things. 🤩
Hi Sir. I have enrolled at bookkeeping course, and honestly I was asking myself what did I even enroll at this course... I could not understand a thing... Since the moment start watching your videos, its clear to me, I understand and im glad to continue.... Thank you very much for the great work, please keep it up... May God Bless you sir...Hello from Angola
Your videos are amazing. I have been making jewelry for 20 years now but recently started selling them. So I went from basically a hobby to a business. I started the year with around $6000 worth of raw material (beads, findings, wire , etc) for making jewelry that I personally bought. How do I record that? And shouldn’t I be paying myself back for that? Thank you for taking the time for my questions. You are an awesome person.
Thanks so much. The value of the raw materials can be sold to the business through debit stock and credit equity. This will record the value of stock in the business accounts and record the money owed to you from the business. I hope this helps.
Thank you just looked up the website , this is a great information I’m trying to get a better knowledge on financial IQ. This is an incredible start !!!!
Im planning to offer this service to people after loosing my job and your video really made me understand it… thank you so much you are a blessing!!!🙏🏾😭
Thank you so much for this. It really helped me understand double-entry transactions. Can you please tell me what transactions would fall under revenue?
I am really Thanks to you for 😊🙃 your clearly understanding spiking just the perfect teacher and I'm the one of likest person to find your lessons about book keeping
Thankyou for offering this. I am currently studying via online learning. Amd am totally lost and confused with it. Your explanations are so much simpler
Hi. Thank you so much for freely sharing your knowledge, I personally appreciate it so much. What i don't fully understand is why "assets " and "expenses" are debits-classified together. My understanding has been, assets are positives whereas expenses are negatives...where am i missing it? I do however understand how/why "assets" like "capital, loan" are classified as liabilities eventually... My question goes to the 'liabilities' and 'sales' aswell....isn't a sale bringing in cash, whereas a liability is 'taking out cash' or in your words; cash is LEAVING...So then why are they categorised together? Please forgive my ignorance on this topic. Hoping to hear from you soon. Many Thanks!
Debit and credit has nothing to do with positive and negative or money in and money out. Unlearn that notion, accounting will then become clearer. Thanks for watching.
Great lecture, thanks for the course. Finally understanding debit and credit. But my question is why is Sales in “Sales account” and not in “Revenue account??“
i love the way u explian things slowly. m very new to this course. pearls - u explain so well sir. but when u shows in excel table.i feel hard to get when u corelate loan {credit} to debit. make this clear
Very excited and grateful for this teaching. What sort of things would come under Revenue? I have always thought of revenue as an income rather than an outgo.
@@BookkeepingMaster Thank you, sir, for your reply and explanation. The PEARLS acronym is so helpful. I recently got my latest account from my energy company saying my account was such and such Credit. I asked someone if this meant I owed the company money or they owed me. They said it meant I was in debt to the company, but I'm not sure they were right. I'm sure I will get to understand these things as I continue to study your amazing and totally fascinating course. God bless you.
I struggle with the Debit and Credit. I can't help comparing it to using the literal translation. Why is Sales a Credit. (Credit defined as :leaving the account.) I would think that Sales is a Debit = money coming into the account. FYI...Enjoying the video. Thanks.
Hi. Yes, the sale coming into the bank is a debit, but that is just one side of the transaction. The actual posting of the sale is a credit - debit the bank, credit sales. Thanks for watching.
Bravo You! You have removed the mystery and confusion from the bookkeeping for beginners. Thank you!
I'm so glad! Thanks for letting me know and for watching!
Again, thank you for these amazing videos you've provided out of your own time. You lay things out very clearly, not rushed; easily understandable.
Wow, thank you! Thank you also for the comments.
This is the first time since I started trying to learn bookkeeping a year ago, that I actually finally understand what double entry bookkeeping is and looks like. You are a brilliant teacher! Thank you so much for these videos! The only thing I'm not grasping yet is how to know what to enter as the transaction and how to know what account to enter.
Thanks so much, Amber. You will get there, just keep watching! There are lot's more free accounting courses on my website www.freebookkeepingaccounting.com. Thanks.
I love that these are short videos! They are so clear and concise. Excellent work. Thank you.
I am glad you like them. Thank you for your kind words!
yes, he is a great teacher... God bless you sir,
Thank you! You’re one of the only people offering entirely free support to small businesses, so well done you!
I also admire the fact you take time to address your comments. Elite TH-camr! 🙌🏻
Thank you so much! Thanks for the comment and view!
You are a saint for taking the time to create these videos, thank you!
Glad it was helpful!
I’m so interested in being a bookkeeper that I purchased an almost $1000 course! I started it and I’ve been incredibly confused since (I’m requesting a refund today). 3 videos in with your free course and I already understand more than with my paid one! Thank you for putting these on YT for free! Very much considering the ultimate course!
What a great comment. Thank you so much. Best of luck
Thank you, I have an exam on coming sunday and i was totally confused before watching this. You are amazing. I might just pass the Financial Accounting Exam after viewing all ur videos
Glad it was helpful! Thanks for watching.
You're a great teacher! Thank you very much. I can easily understand your explanation. I hope you continue to share your knowledge here on youtube. God bless you!
Thank you! 😃
I am new with book keeping, these courses are very helpful..thank you.
Glad you like them! Thanks for watching.
@@BookkeepingMaster Thanks for the video. For small Business Owner's advantage, can you plug the information into a free accounting software?
I’ve binged the three videos up to here. I’m happy to be learning something this new.
Great to hear! Thanks for watching
Just started watching your videos and I'm learning a lot. Simplified and free!
Thank you! It's agreat help...
Thanks
wow! You're an excellent teacher. This is an awesome refresher
Wow, thank you!
Hi there! I am currently enrolled in a bookkeeping course and was having a hard time understanding their method of teaching. I found your content, and needed to say thank you! You were able to break it down into understandable steps for me, doing what coursera or intuit could not. Bravo! Will recommend.
No problem. Good luck with the course.
I did the AAT some years ago before taking time out to do a Psychology degree (yep I know quite different) - this brief course was great as a very succinct, comprehensive reminder - so much so I am thinking of taking the Ultimate Bookkeeping Course even though I have covered everything there before in my studies, but at the very reasonable value of £85 (£65) currently it is very tempting. For anyone getting started in bookkeeping you really can't go wrong with these videos and I think they are a good example of the quality one might expect from his courses. Thank you so much for this great quality free content Bookkeeping Master.
Thanks
I came across your channel seeking information on how to become a virtual bookkeeper I GET IT BUT ITS CONFUSING IF….you think of it as a consumer! It will take awhile to absorb and determine what the entry should be classified as but I GET IT! I love the way you break things down for understanding😊
Thanks so much. You've got this! Thanks for watching
You sounded like my former employer and he's a digital marketing agency owner. We love him as our leader. Watching from Ph
Thanks!
Hey,keep it up. You are blessing so many by sharing your time and experience. I am going to be donating soon, I want to show my appreciation with my $$ to encourage you to continue this work.
Thanks so much!
Finally starting to get the hang of this thing. I never understood a single bit of it in high school. It was rocket science
Great! I am glad that it was helpful
Interested in learning bookkeeping and your free courses are so helpful. I love the way you present things - simple 😊
Glad you like them! Thanks for watching!
This was a great video. Very interactive. I paused in between your examples to figure it out for myself. It cleared some things up for me. Thanks BK master!
No problem. Thanks for watching.
Wow Sir, I just started to watch your videos today and I am on the 3rd video now within the day, and I am so eager to watch each of it.. I remember what you said on your 1st video."if your type of a person who loves the budgeting expenses and this one is for you".. and surely I am that kind of person...! and besides I have several years experience handling cash and billing transactions. Now think I already found my Niche in the Freelancing world!
Thank you for your kindness in sharing this for FREE. God Bless.
Thanks a lot
Hi! I'm starting my freelancing adventure as well. What other sources/courses did you use to prepare yourself?
Thank you so much for these videos I have an exam next week and I was feeling super insecure about it but now that I’ve seen all of your videos I feel more confident to pass my exam!!
You got this! Thanks for the nice comment. I'm glad I could help
Thank you. I have been trying to study a book based course and I finally have a handle on the debits and credits of the bank account. Very helpful.
I am glad that it was helpful! Thanks for watching
This is my first time learning about booking keeping I'm finding it so interesting and educated.
💯⭐⭐⭐⭐⭐I'm hoping to Excell by watching and learning from these videos.
Glad it was helpful! Thank you for your kind words and for watching
Thank you! Keep on uploading more videos about bookkeeping. Thumbs up👍
Thank you so much!
Your way of explaining is perfect I don't have much word to appreciate since its perfect already. Thank you so much
Glad it helped!
Today iam going to enroll myself for aat bookkeeping as my husband wants me to go for this course.iam new mom as well so I was so skeptical to go forward for the course but after watching your videos now I got kind of confidence within me thankku very much.
Please keep up the good work that too for free.
Can't thank you enough.
The AAT is a fantastic qualification. Good luck! Check out my other videos, they will help.
Such good video
And good explanation...
Simplicity make understanding better . Much appreciated
No problem. Thanks for watching.
I cannot like this video enough! Thank you
So glad! Thank you so much
Excellent video the best I have seen so far and I have seen many! Thank you
Wow, thank you so much!
Thank you! I'm getting in there. I don't know anything about this, my husband owns a landscaping company. and I want to help him with all of these things. 🤩
You got this! Thanks for watching
Thank you for this. I’m trying to get the basics of bookkeeping before I go to school for it !! This is quite helpful
I'm glad it was helpful! Thanks for watching
Thank you for these videos! although I get lost, I will take advantage of your web courses.
You can do it! Thanks so much
Best channel I have came across of!
Thank you so much! Your comment is much appreciated.
Really loving this. Surprisingly easy to grasp.
Great! Thanks for watching
Hi Sir. I have enrolled at bookkeeping course, and honestly I was asking myself what did I even enroll at this course... I could not understand a thing... Since the moment start watching your videos, its clear to me, I understand and im glad to continue.... Thank you very much for the great work, please keep it up... May God Bless you sir...Hello from Angola
Great to hear! Thank you for your kind words and for subscribing
Huhu you are so kind sir. We love you. Thanks so much. God will bless you more.
Thank you so much - you're so kind. God bless you too
Best accounting videos on TH-cam
Thanks so much
im a student going to my 3rd year on BSBA major in FM due to the pandemic these kind of videos are really helpful.
Glad it was helpful
This info is great.
The DR and CR stands for: Debit Record and Credit Record (hence the R).
Thanks for sharing!
@@BookkeepingMaster thank you for your videos
Your videos are amazing. I have been making jewelry for 20 years now but recently started selling them. So I went from basically a hobby to a business. I started the year with around $6000 worth of raw material (beads, findings, wire , etc) for making jewelry that I personally bought. How do I record that? And shouldn’t I be paying myself back for that? Thank you for taking the time for my questions. You are an awesome person.
Thanks so much.
The value of the raw materials can be sold to the business through debit stock and credit equity. This will record the value of stock in the business accounts and record the money owed to you from the business. I hope this helps.
Thank you so much for your easy explanation on the basics ...or terminology for beginners. God bless you.
You are most welcome. Thanks for watching. God bless you too
Thank you just looked up the website , this is a great information I’m trying to get a better knowledge on financial IQ. This is an incredible start !!!!
You are very welcome! Thanks for watching.
Im planning to offer this service to people after loosing my job and your video really made me understand it… thank you so much you are a blessing!!!🙏🏾😭
You are very welcome. Good luck!
What an excellent way to describe the topic, very nice 👍👍👍
Thank you! 😃
Appreciate this free course. Thank you👍
My pleasure! Thanks for watching.
These causes are AMAZING!! I can't thank you enough
No problem. Thank you so much for watching and for the comment
Courses ?
I love how you teach, so calming and at a good level. Thank you - new subbie! ❤
Thanks for subbing and for the comment!
Thank you so much for this. It really helped me understand double-entry transactions. Can you please tell me what transactions would fall under revenue?
Sales, commissions received, royalties, interest received, etc. I hope this helps, Karen. Thanks for watching.
Thank you Karen for asking.
Thank you for your videos, they are simple and easy to understand, the best for beginners like me
Glad to hear that!
I really like this video. I will have to watch it again. The content is good.
Thanks
I am really Thanks to you for 😊🙃 your clearly understanding spiking just the perfect teacher and I'm the one of likest person to find your lessons about book keeping
Wow, thank you! Thanks for watching
Thankyou for offering this. I am currently studying via online learning. Amd am totally lost and confused with it. Your explanations are so much simpler
Glad it was helpful! Thanks for the comment
Thank you for breaking this down!
My pleasure! Thanks for watching
I'm loving this...its so simple and well explained. Its like my first time on this😄...good work. Its so helpful.
Awesome! Thank you!
Hi I'm new subscriber from the Philippines this one is really helpful. I'm gonna leave a message every video I watch. Thank you
Awesome! Thank you!
Hi. Thank you so much for freely sharing your knowledge, I personally appreciate it so much.
What i don't fully understand is why "assets " and "expenses" are debits-classified together. My understanding has been, assets are positives whereas expenses are negatives...where am i missing it?
I do however understand how/why "assets" like "capital, loan" are classified as liabilities eventually...
My question goes to the 'liabilities' and 'sales' aswell....isn't a sale bringing in cash, whereas a liability is 'taking out cash' or in your words; cash is LEAVING...So then why are they categorised together?
Please forgive my ignorance on this topic.
Hoping to hear from you soon.
Many Thanks!
Debit and credit has nothing to do with positive and negative or money in and money out. Unlearn that notion, accounting will then become clearer. Thanks for watching.
Manny thanks for helping understand, finally I got it 👍
No problem 👍 Thanks for watching
Very very helpful. Thank you so much!
From the Philippines
You're welcome! Thanks for watching
How clear and slow you are explaining.
thank you.
So nice of you. Thanks for watching.
I very much love your courses
Glad you like them! Thanks for watching.
this is great, so well explained, thankyou so much
Great to hear! Thanks for the comment.
@@BookkeepingMaster I'd like to do the full course
ለጠቅላላ እው ቀት በጣም ጠቀሚ ነው / This is very important for generale knowledge/
Thanks
Thank you for your videos!!!!
You are so welcome! Thanks for watching!!!
Enjoying am a beginner watching from Zambia 🇿🇲🇿🇲🇿🇲🇿🇲🇿🇲🇿🇲
Thanks!
Thank you …… many many times!
Thanks for the comment
I’m at video number 3 👌👊🏻
Thanks for watching and for the comment
Thank you. Wish you everything
So nice of you. Thanks for watching.
You are amazing may God gives you all your wishes
Thank you so much. You too!
Thanks 👍
No problem 👍
Great lecture, thanks for the course. Finally understanding debit and credit.
But my question is why is Sales in “Sales account” and not in “Revenue account??“
It can be either. Thanks for watching.
Thanks, this is very helpful!
Glad it was helpful! Thanks for watching and for the comment
Thank you, I need this right now
No problem. Thanks for watching
i love the way u explian things slowly.
m very new to this course.
pearls - u explain so well sir.
but when u shows in excel table.i feel hard to get when u corelate loan {credit} to debit.
make this clear
I will see what other content I can create. Thanks for watching.
Loan in Debit is an Asset - Loan in Credit is a Liability.
❤❤❤
Thanks
Learning here.. Thank you for your videos.
Glad to hear that!
GREAT WORK THANK YOU
Thanks for watching!
Thank u very much from Philippines
You're welcome! Thanks for watching
great explanation thank you
Glad it was helpful!
I love your videos
Thanks so much!
Thank you, I'm able to follow your explanations 👍
Great 👍 Thanks for watching
Brushing up on basics!
Great!
Will take accounting in College. Just trying to study in advance a bit 😃
Good luck!
Thank you sir I am.refresh with my course.
All the best
Lots of Love
You too! Thanks for watching
Thanks for the good job
Thanks for watching
Well explained. Thank you.
Thanks for watching!
I’ve just arrived on this video , a link to previous video would be helpful
Thanks for the suggestion. All videos are available for free and listed on my website.
loving this , its so detailed
Thanks!
thank you so much
Welcome 😊
THANK YOU! 🤓
Welcome!
Thank you very much for the explanation very easy to follow. Really appreciate it. New subbie :)
Awesome, thank you!
THANK TOU!
Thanks
...thankyou heaps, you are a legend.
Thanks
Cool
Thanks for watching
Thank you this help me a lot
Glad it helped. Thanks for watching.
Very excited and grateful for this teaching. What sort of things would come under Revenue? I have always thought of revenue as an income rather than an outgo.
It is income. Revenue could be sales, interest earned, royalties, commissions, etc. Thanks for watching.
@@BookkeepingMaster Thank you, sir, for your reply and explanation. The PEARLS acronym is so helpful. I recently got my latest account from my energy company saying my account was such and such Credit. I asked someone if this meant I owed the company money or they owed me. They said it meant I was in debt to the company, but I'm not sure they were right. I'm sure I will get to understand these things as I continue to study your amazing and totally fascinating course. God bless you.
I struggle with the Debit and Credit. I can't help comparing it to using the literal translation. Why is Sales a Credit. (Credit defined as :leaving the account.) I would think that Sales is a Debit = money coming into the account. FYI...Enjoying the video. Thanks.
Hi. Yes, the sale coming into the bank is a debit, but that is just one side of the transaction. The actual posting of the sale is a credit - debit the bank, credit sales. Thanks for watching.
Very helpful, 🙏🏽
Glad it was helpful! Thanks for watching