Get Started with Basics of Business accounting
In this lecture we are discussing about what is accounting, Why accounting is important for small businesses, Key Financial statements, Compenents of financial statement, And Summery
Basics of Business Fundamentals11:53
Basic Accounting Principles
In this lecture, we are discussing about Accounting Equations, Debits & Credits, The double-entry system, Debits & Cash, Accrual vs cash accounting, Key accounting principles, the Importance of following accounting principles
Basic accounting principles28:17
Essential Financial Terminology
Why Learn Financial Terminology, Revenue, Expenses, Profit & Loss, Assets Liabilities and equity, Accounts receivable and accounts payable, Cash flow, Gross & Net terms, Break even point, Summery
Essential financial terminology00:00
Setting up your business Finances
Setting up your business finances16:43
Budgeting & Forcasting
Why budgeting & forecasting are important, What a budget is, Steps to create a budget, What forecasting is, Types of forecasting, Tools for budgeting & forecasting, Common budgeting mistakes.
budgeting & forecasting17:14
Tax
Why tax matters, Types of tax for business, Understanding Income tax, Sales Tax Basics, Payroll taxes, Self employment tax, Filling billing taxes, Recordkeeping for taxes, Common tax deductions, Tax mistakes to avoid, & Summary
All you need to know about taxes11:04
Overview of Quickbooks accounting software
Includes What is quickbooks, Why use quickbooks, Key features of QuickBooks, Types of QuickBooks versions, Setting up QuickBooks for your business + more
Getting started with Quickbooks19:33
Getting Started with Quickbooks
Choosing the right version of Quickbooks, Setting up your account, Configuring Settings, Connecting Bank Accounts, Adding initial data, Basic Navigation, Creating invoices, Tracking expenses, Generating reports
Getting started with Quickbooks17:46
Managing transactions in Quickbooks
Types of transactions in Quickbooks, Recording income transactions, Tracking expenses, reconciling accounts, Categorizing transactions, handling recurring transactions, Tips for managing transactions
How to manage transactions in Quickbooks10:42
Overview of Wave Accounting
What is wave accounting, Why choose wave accounting, Wave accounting vs Quickbooks, Setup Wave accounting, Summary
Wave accounting software overview07:21
Managing Transactions in Wave
How to record transactions, Create and send invoices, Payment Tracking, Keeping records of receipts, Common issues & troubleshooting, & Summary
Managing transactions in Wave11:54
Reporting & Integrations in Wave Accounting
Key financial reports in Wave, Steps to generate a report, Customizing report, Expanding waves capabilities, Why reports & Integrations matter & Summary
Reporting & Integrations in Wave Accounting09:13
Avoiding common Accounting Mistakes
Why avoid accounting mistakes, Common accounting mistakes, mixing personal & business finances, not tracking all expenses, ignoring bank reconcilitions
Avoid common accounting mistakes12:12
Scaling your business with better finances
The role of Financial insights in scaling, Key financial metrics for growth, using QuickBooks for financial forecasting, Financial reports in Quickbooks, strategies for sustainable scaling, Common challenges in scaling, leveraging data for decision making
Scaling your business with better financial insights15:55
Introduction