Learn the Basics of Bookkeeping [FREE QuickBooks Training]

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  • เผยแพร่เมื่อ 18 มิ.ย. 2024
  • Bookkeeping Basics plus Quickbooks Training!
    Sign up with Quickbooks using this link for a STEEP discount off the regular price!: bit.ly/qbmycpa
    Schedule a Bookkeeping Services Call: bit.ly/3VgmWfO
    Outline:
    Intro: (0:00)
    What is Bookkeeping?: (1:06)
    Why is Bookkeeping Important?: (1:27)
    How does Bookkeeping Work?: (2:40)
    QBO Subscription Overview: (4:25)
    Chart of Accounts: (4:56)
    Connect Your Bank Account: (7:58)
    Classify Transactions: (9:35)
    Reconcile: (10:43)
    Run Reports: (13:09)
    Recap: (14:46)
    If you are completely lost on where to start on managing the finances of your business, START HERE!
    This video is all about training business owners on the basics of Quickbooks and bookkeeping in their business.
    Watch to learn more.
    Subscribe: bit.ly/2HJlq46
    Cash vs Accrual Accounting video:
    • Cash vs Accrual Accoun...
    Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos!
    ///
    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 • 127

  • @sandrabalogun4409
    @sandrabalogun4409 2 ปีที่แล้ว +55

    This was tremendously helpful and explained so well that I have overcome my fear of attempting Quickbooks! This young lady is a very impressive and effective teacher. Thank you Lyfe Accounting!!!

    • @jillboccuzzi6228
      @jillboccuzzi6228 ปีที่แล้ว

      I ditto this statement! Thank you so much!

  • @pathmusicwriting
    @pathmusicwriting ปีที่แล้ว +10

    This is literally the only useful explanation of quickbooks on the entire internet. Thank you so much for doing this.

  • @joycedcomegys5927
    @joycedcomegys5927 20 วันที่ผ่านมา +1

    Thank you, for keeping it simple.

  • @houstonshomeautomation3524
    @houstonshomeautomation3524 2 ปีที่แล้ว +27

    Two thumbs up for this video you covered what I had to learn in 7 months in 15 minutes

  • @rhiannonwebb5867
    @rhiannonwebb5867 ปีที่แล้ว +16

    This video was BEYOND helpful for me as a beginner! Thank you immensely!

  • @MrsChase2U
    @MrsChase2U ปีที่แล้ว +9

    Are you a mentor/coach? You’ve broken this down perfectly

  • @sharonkovach4166
    @sharonkovach4166 2 ปีที่แล้ว +19

    This is an excellent introduction to bookkeeping and QuickBooks. She explains the concepts for anyone to understand. Great video!

  • @margotdaley9071
    @margotdaley9071 ปีที่แล้ว +11

    The clearest, most helpful overview video ever! Thank you so much!

  • @alphamaniac9411
    @alphamaniac9411 2 ปีที่แล้ว +1

    Excellent presentation! Lyfe Accounting is in good hands!

  • @marleypalacios7265
    @marleypalacios7265 หลายเดือนก่อน

    Your awesome.
    Best step by step video on how to do bookkeeping in quickbooks

  • @janaydoestaxes
    @janaydoestaxes ปีที่แล้ว +4

    This was really good. You made it plain and it was very easy to follow. Thank you.

  • @lotuschoiceco.8879
    @lotuschoiceco.8879 ปีที่แล้ว +8

    This is exactly what I need, thank you for all of the valuable information this channel provides for business owners!

  • @MyYoutubeAccount853
    @MyYoutubeAccount853 2 ปีที่แล้ว +3

    Thank you so much for this valuable content. Please make more book-keeping and accounting videos. 🙏🏼😊🍃

  • @user-gf6zd9xc8k
    @user-gf6zd9xc8k 8 วันที่ผ่านมา

    thank you so much I'm happy to know more about other accounting software

  • @ingridlarose6414
    @ingridlarose6414 2 ปีที่แล้ว

    Well done, very simple to understand, Thank you

  • @charleesoleil8510
    @charleesoleil8510 7 หลายเดือนก่อน +2

    Wooooow!🎉🎉🎉 This video is so explicit and concise! Thank you so much, I feel more confident to tackle Quickbooks now.

  • @lccdavis2023
    @lccdavis2023 ปีที่แล้ว +3

    Thank you...Thank you...and THANK YOU!! This should've shown up at the top of my screen as I'd already clicked other videos that danced all around the topic I needed help with. This was straight to the point, full rundown step by step, and had clear explanations for each step. I will be checking out more of your videos. Great job!

  • @wysdomtalkz419
    @wysdomtalkz419 7 หลายเดือนก่อน +1

    Very very very helpful. Your break down is amazing.

  • @evelyndiaz5385
    @evelyndiaz5385 ปีที่แล้ว

    Thanks for this video tutorial, it is very useful. I'll just have to paly it over again to train myself further.

  • @foodiebelin
    @foodiebelin ปีที่แล้ว

    This was great. Thank you. Yes, for the reconcile video

  • @seetaramsook7254
    @seetaramsook7254 8 หลายเดือนก่อน +1

    This was a great tutorial made so simple and effective, thank you 😊

  • @neerajavanaparthy681
    @neerajavanaparthy681 ปีที่แล้ว

    Thank you so much. This video is so helpful for me.

  • @meracabonillas7517
    @meracabonillas7517 ปีที่แล้ว

    Thank you for sharing your knowledge about quickbooks

  • @christinewilson9363
    @christinewilson9363 2 ปีที่แล้ว

    Thank you! GOD bless you! You are phenomenal!!!😊❤🔥🎉

  • @annabyhoff1288
    @annabyhoff1288 23 วันที่ผ่านมา

    Very clear explanation. Thank you!

  • @md.hafizurrahman3387
    @md.hafizurrahman3387 3 หลายเดือนก่อน

    Thank you for describing how can use accounting in QuickBooks online .Thanks again dear

  • @dankapremovic2043
    @dankapremovic2043 4 หลายเดือนก่อน

    absolutely love the presentation ☺

  • @theblondest1
    @theblondest1 ปีที่แล้ว

    Thanks I'm sure I'll have questions on finding any differences between QB and Bank. Very helpful!

  • @sweetneymateo2381
    @sweetneymateo2381 หลายเดือนก่อน

    Thank you. Great explanation!

  • @ITguy-rv6qe
    @ITguy-rv6qe 2 ปีที่แล้ว +17

    I have been really enjoying watching these videos. I want to do online book keeping business for my part time job. This channel is motivating me.

    • @xmastx
      @xmastx ปีที่แล้ว

      did you open your bookkeeping busines?

  • @jasonguillot7516
    @jasonguillot7516 7 หลายเดือนก่อน +1

    very helpful to someone starting from scratch! thanks

  • @davidgaffney1718
    @davidgaffney1718 3 หลายเดือนก่อน +1

    Great job 🎉...very smooth!

  • @a1taxandbookkeepingservice20
    @a1taxandbookkeepingservice20 ปีที่แล้ว +1

    This was so informative, Thank you!

  • @cafevirtualconrociocabrera3692
    @cafevirtualconrociocabrera3692 2 ปีที่แล้ว +1

    Great information and video. Thank you for help small business.

  • @yvonnemamher-tafari6631
    @yvonnemamher-tafari6631 ปีที่แล้ว +4

    Love the clarity of your presentation. Just about to start the book keeping for my business. Interested in using quickbooks. Need more advise

  • @anthonymedina4901
    @anthonymedina4901 3 หลายเดือนก่อน

    I swear this channel is the best

  • @gleidismazo9250
    @gleidismazo9250 2 หลายเดือนก่อน

    Excellent video 😊Thank you!!!

  • @miketewelde8288
    @miketewelde8288 ปีที่แล้ว

    , thank you I save time and money . Keep up well explained exactly what missed for years.

  • @russellgoddard3958
    @russellgoddard3958 2 ปีที่แล้ว +3

    Great job on the explanations! Thank you for the post. Very helpful

  • @GoldenDIY
    @GoldenDIY 11 วันที่ผ่านมา

    Great video! This was a very helpful summary!

  • @andyluo218
    @andyluo218 7 หลายเดือนก่อน

    Great overview of how to use Quickbooks for your business.

  • @afrog3569
    @afrog3569 11 หลายเดือนก่อน

    Thank you so much for your every clear explanation. Beautiful eyes

  • @threedee593
    @threedee593 2 ปีที่แล้ว

    Thanks.. this video will help change my life!

  • @mikeyun3022
    @mikeyun3022 6 หลายเดือนก่อน

    It sounds soooo easy. I have been trying to learn QB. And... It's been failed. Thank you. I will follow your YT.

  • @FinancialFreedomMadeSimple
    @FinancialFreedomMadeSimple 2 ปีที่แล้ว +3

    Awesome content! This is a big help in managing business finances. Thanks for this!

  • @niyah_jordan3147
    @niyah_jordan3147 2 ปีที่แล้ว +1

    Excellent mini course on Quickbooks!!! Great Job

  • @LifeofAlessia
    @LifeofAlessia 2 หลายเดือนก่อน +7

    girl why did i understand this? ?

  • @curtisg2727
    @curtisg2727 2 ปีที่แล้ว +1

    Thank you 🙏🏾💎

  • @amandamcdowell9867
    @amandamcdowell9867 2 ปีที่แล้ว +2

    Please do a video for troubleshooting bank recs. I enjoyed this video.

  • @borderm3
    @borderm3 ปีที่แล้ว

    She’s so pretty I had to go audio to stay focused!!! Super well done, very helpful, thanks!

  • @DarrenBookkeeping
    @DarrenBookkeeping 8 หลายเดือนก่อน

    Nice Info, thanks for sharing, It was beyond helpful for me

  • @brotherel-bashaw8591
    @brotherel-bashaw8591 2 ปีที่แล้ว

    Thank you👑

  • @lwwelding8466
    @lwwelding8466 ปีที่แล้ว

    Great video and very helpful

  • @analaparradeturcios6003
    @analaparradeturcios6003 ปีที่แล้ว

    awesome, thank you!

  • @moniquesandolph3868
    @moniquesandolph3868 ปีที่แล้ว

    Thanks for this information I enjoyed to his video

  • @theaprileofficial
    @theaprileofficial 6 หลายเดือนก่อน

    Great content! thanks

  • @peteywheatstraw9846
    @peteywheatstraw9846 11 หลายเดือนก่อน +1

    I thank you 10 billion times

  • @jamesfofanah4956
    @jamesfofanah4956 ปีที่แล้ว

    Thank you

  • @mrbarsHBINC
    @mrbarsHBINC 2 ปีที่แล้ว +1

    Oh How I just love you lol thank you 🙏🏾

  • @haimeedwards1120
    @haimeedwards1120 2 ปีที่แล้ว +3

    LYFE ACCOUTING AWESOME 😃😃😃 lyfe accounting can you do a introduction on reconciliation when doing bookeeping. Making sure it matches that would be awesome!!!

  • @mostazzober
    @mostazzober 10 หลายเดือนก่อน

    It was great .I think Chart of Accounts should discus more slowly & practically.

  • @christineodell1194
    @christineodell1194 ปีที่แล้ว

    You are amazing!

  • @rethamiller1983
    @rethamiller1983 ปีที่แล้ว

    Great and informative

  • @barbarayvonnephotography
    @barbarayvonnephotography ปีที่แล้ว

    Very great video.

  • @anthonysmith1591
    @anthonysmith1591 2 ปีที่แล้ว +1

    Please continue making videos using quick books

  • @martianmusicllc
    @martianmusicllc ปีที่แล้ว

    Thank u

  • @arlishaedwards4850
    @arlishaedwards4850 5 หลายเดือนก่อน

    This has helped tremendously! I was afraid of QB’s buy now I’m ready to tackle our business finances. One question, should Owner’s draws be added to the Chart Of Accounts? This will show the owners monthly income for personal things (mortgages, auto loans, etc) correct?

  • @prboricuavzq
    @prboricuavzq 6 หลายเดือนก่อน +1

    Goodyear video thanks forma letin us know. I Will continiu watching you work. Ismael Barreto

  • @wazmink2459
    @wazmink2459 8 หลายเดือนก่อน

    thanks for your simple and easy to understand tutorial about bookkeeping, I just want to ask if taxing is included in a bookkeeper task?

  • @GunzLozano
    @GunzLozano 2 ปีที่แล้ว

    Should i put some of my own personal money/equity into my business bank acct. To use for like business dinner meetings / vacay travel expenses? Or do i keep that separate and just pay with my personal checking? To write off on my taxes?

  • @everydaynj
    @everydaynj 2 ปีที่แล้ว

    I use Wave for my bookkeeping, could you do a video on using wave to get a better understanding please?

  • @bobbygraham1135
    @bobbygraham1135 2 ปีที่แล้ว +1

    Good video

  • @reneejones3438
    @reneejones3438 ปีที่แล้ว

    Hello thank you for this information😊Do you teachable beginners class on bookkeeping for tax preparers? Thank you

  • @TheTruthSeeker756
    @TheTruthSeeker756 10 หลายเดือนก่อน

    Gorgeous + Smart = Winner

  • @iGameNakedx
    @iGameNakedx 2 ปีที่แล้ว

    Please make more on bookkeeping on qbo!

  • @alyssbn
    @alyssbn 2 ปีที่แล้ว

    Hi! I'm a new business and need to do everything out of a binder. Is there a video for setting up a old school business budget?

  • @Virtualbookspro
    @Virtualbookspro ปีที่แล้ว +1

    @LYFE Accounting can you tell me in which software you edit your video it is one of best video on Quickbooks

  • @eglibethzuleta4898
    @eglibethzuleta4898 ปีที่แล้ว

    Hi! I will like to know more about fixing a reconciliation please.

  • @officialjaluv
    @officialjaluv ปีที่แล้ว

    What do you think of zoho books, corpay one, and bluevine checking?

  • @karangwaroger5854
    @karangwaroger5854 หลายเดือนก่อน

    I like it! brilliant girl ! do you have more videos? please share something else

  • @KrystalMoniique
    @KrystalMoniique 8 หลายเดือนก่อน

    Youre amazing at explaining and so sweet and so pretty too:) thanks.

  • @CLEBLUED
    @CLEBLUED 2 ปีที่แล้ว +1

    You should do all the videos 😏😜

  • @robertoalvaro7689
    @robertoalvaro7689 3 หลายเดือนก่อน +2

    Bookkeeping is simply the process of keeping track of the financial transactions in your business.

  • @caspertinder3072
    @caspertinder3072 4 หลายเดือนก่อน

    Im a Filipino aspiring Virtual assistant (no experience working remotely) with a niche in bookkeeping and educational background in accounting.
    I have Quickbook and Xero Proadvisor certificate and also other workshop certificates that I attended .
    But since I still dont have experience working with actual clients and hands on in QBO,I am still not that confident with my skills,
    If anyone offering a virtual job with minimal supervision, please consider me , Im willing exert my effort and time.
    Thank you

  • @canadadesk56
    @canadadesk56 ปีที่แล้ว

    thank you for great video. How I can add up prior years receipts and transactions in chart of expenses. I have hard copies of bank transactions and expenses receipts..Please help..I need to give expenses details it to my accountant.

  • @justinrice9906
    @justinrice9906 ปีที่แล้ว

    I have a venmo account for business credit/debits which is not linked to QB. Currently when I reconcile I use the bank statement which does not include the venmo transactions. Although the venmo debit/credits are added to QB via transfers which distorts the ending balance. What is the recommended process for incorporating venmo into QB?

  • @sumanaggroia5622
    @sumanaggroia5622 ปีที่แล้ว +1

    Do we need certification for bookkeeping to get a job?

  • @eliacaro1463
    @eliacaro1463 ปีที่แล้ว

    How do I input the payroll into QB? since I use a company for payroll, thank you

  • @communityservice7658
    @communityservice7658 ปีที่แล้ว +1

    Cash business such as hair cuts and salon where there's no receipts how do we put that information into the system?

  • @blessingagape7657
    @blessingagape7657 2 ปีที่แล้ว +4

    Thank you so much for putting up this video.
    1. Please under what category would I classify business transactions that I used my personal credit card to purchase before I registered my LLC & opened a business account?
    I will greatly appreciate your favorable response.
    Thank you so much

    • @shantoriascherrie7938
      @shantoriascherrie7938 2 ปีที่แล้ว +3

      Add a note to the memo in your Quickbooks. This transaction would be like a loan in your business account. In your personal account, you should classify it as Business. It's tough to keep all this clean.
      Moving forward it is better to make a deposit into your business account (keeping record of it) from your personal. Then spend only from the business account for your business transactions. Does this make sense? Hope so. 🙌🏾

    • @blessingagape7657
      @blessingagape7657 2 ปีที่แล้ว +1

      @@shantoriascherrie7938 Yes, it makes sense. Thank you so much.
      I have a business Account now with good amount of deposit but the business transactions that I made and was taking about was registering for the LLC , paying for the domain name and other others before I could even open a business account

    • @karinatorres170
      @karinatorres170 ปีที่แล้ว

      @@shantoriascherrie7938 What if we purchased furniture and products with our personal account before opening a business account? How would we categorize that on Quick Books or what would I label it as? Do I need receipts as well to add it as proof?

  • @KyeeAltranice
    @KyeeAltranice ปีที่แล้ว

    Can you do one of these for Freshbooks

  • @KuhhMall
    @KuhhMall ปีที่แล้ว

    Do bookkeepers make payments on the company’s behalf?

  • @karinatorres170
    @karinatorres170 ปีที่แล้ว

    Okay I know we should not use our personal account for business transactions but my husband did. He Apple pays our landlord and internet bill through our account. How would I categorize that? What do I do?

  • @wazmink2459
    @wazmink2459 8 หลายเดือนก่อน

    is this all the needed skill to be able to work as a bookkeeper? like all that you teach in this video?

  • @donnabarker430
    @donnabarker430 4 หลายเดือนก่อน

    Hello Krystal,
    I drive for Uber. How can I add my debit to quick books without the bank information?

  • @izzieo
    @izzieo 2 หลายเดือนก่อน

    I have a question. Is it mandatory to connect your bank account to be able to correctly use Quickbooks? Thanks

  • @ube-23s
    @ube-23s 2 หลายเดือนก่อน

    Thank you. I guess every QuickBooks Software is different.

  • @chrisrichardson8908
    @chrisrichardson8908 2 ปีที่แล้ว +1

    Does quickbooks explain to you were you should put what in a category

    • @LYFEAccounting
      @LYFEAccounting  2 ปีที่แล้ว

      Somewhat. Only when you set up the chart of accounts. It gives a brief description of what type of transactions would go into that account.

  • @cherryclarke3837
    @cherryclarke3837 2 หลายเดือนก่อน

    Thank you. Do you coach.?

  • @drrob1124
    @drrob1124 2 ปีที่แล้ว +1

    👍🔥🔥