I took two accounting classes in college and did fairly well in both. I'm by no means experienced with accounting or bookkeeping, but I was able to follow the ideas being expressed in this video with relative ease.
Thank you, and thank you for subscribing. It's hard to take some of the negative comments seriously when I have so many views and so much positive feedback on this video, but I do like to try and be fair to everyone and take everything into consideration - even the negative feedback - as long as I am given something I can actually DO something about :)
Well assuming you are in the business of selling carpet then presumably you would have previously purchased the carpet and put it into inventory so that when you sell the carpet it comes out of inventory and goes into COGS. You would collect sales taxes only on the "Carpet" portion of the sale (labor is not taxable) and if you paid any sales taxes when you bought the carpet, that would be deducted from what you owe the state.
Great! I just added a page on the site today with a PDF of a list of all of the videos in the course and their lengths. Turns out there are over 6 hours of video in SchoolOfBookkeeping in addition to the template downloads and detailed writeups with screen shots etc.. Let me know if you have any questions.
I found it easy to understand, but I am just refreshing myself... You do speak quite fast so I can understand where someone is coming from if this is their first time hearing anything about bookkeeping... I am off to your website and am excited to view more of your videos... Thanks for taking the time to post... :D Cheers...
It depends on the rules of your industry and on how you bill and get paid. If you get paid a lot of money up front then you probably want to show that as a deposit (see my videos on customer deposits) and then bill it out as you earn it.
I think that is what I said, but OK! In fact your deposits with the bank are BOTH; Asset and Liability. The cash is an asset that the bank uses to invest elsewhere (ie loaning money to others) and as you point out a liability in that if you demand it, they have to give it back to you.
Excellent video!! I am a non native speaker and I was able to understand every single word that you said. I think the people that did not understand the video are not too familiar with debits and credits.
It can be fascinating at how these same account types are used in most any accounting system. You mentioned subdividing these accounts. These can be subdivided into just a few accounts, or into many hundreds or even thousands of sub-accounts in larger companies and governments.
This video was recorded in 2010. I use a much more sophisticated Studio Condenser mic now. I'm not going to re-record a video with this much traction. Looks like many others have managed to get through it. Sorry that is not the case for you. I do have other videos on Bookkeeping basics which may not have the same issue. Feel free to search my channel for "bookkeeping basics" and see if the others work better for you.
Awesome Awesome Video. Just about to take a skills assessment and this was exactly what I was looking for! Will search your site and look for financial statement summary!
You have to pay sales tax by clicking 'Vendors' -> 'Sales Tax' -> 'Pay Sales Tax' Depending on what version you're using the menus may vary slightly, but you cannot simply enter a bill. I can get into more detail with you on this in a private session. See the video's description for details on that.
Maybe this video will help - Search my channel for "Bookkeeper, Controller, CFO". I will also post the link in this video's description. A bookkeeper's job is essentially to enter the financial transactions. An accountant's job is to make sure that the bookkeeping is done accurately - in a way that fairly represents the financial position of the company.
I agree me too, each section should be explained more to get a better understanding of the subject. Use a white board for visual effect as the print is too small
It's been 8 years since this video was created, so I thought it was time to bring things up to date. My new video looks at QuickBooks Online instead of Desktop, and at 30 minutes in length, I go through things much slower, AND a new and improved template you can get access to from my website: ua-cam.com/video/CxZkyJKxeG8/v-deo.html
@noni1948 It works just like an operational bank account but of course it isn't so you have to be on top of making sure that you close it out and reconcile it to your receipts as appropriate.
So on a practical level, how should I categorize a client in Quickbooks under the Chart of Accounts? As income or as accounts receivable? I provide consulting services to a government agency. I bill them over several months.
@MrsLunna1 Best think I can suggest is to keep watching free videos on UA-cam. Also set up a dummy company on your own and start playing around with entering transactions, always with a Balance Sheet and P&L open so you can watch the impact of the transactions on these reports. This will start giving you some great insight not just on how to post transactions in QuickBooks but on how to make sure the financial statements are presented well.
If u could just tell me one thing possibly relating to cost of goods sold I would really appreciate it. If I provide a carpet installation service to a customer and they pay me to provide them carpet, as well as the servide to installl the carpet, is the carpet itself an expense? do I deduct that from my income earned and do I pay taxes on the full amount minus the carpet as an expense, or do I minus the carpet from the income than pay the tax- Im speaking of federal tax only thanks in advance
Ha... but there is only a fraction of hard cash compared to bank liabilities! Cheque/bank transfers are simply book transactions between bank liability accounts. The journal entries ARE the money. And pertinently, if you 'deposit' cash with a bank, the cash is no longer legally yours, the bank has full title to it. Aside from money theory I am still learning about bookkeeping, searching for the best package for my business and impressed with your promo video.
I need info on how to record, the sales tax I collect from customers, in the P & L . I created a bill for the period, then I paid it, and somehow this sales tax paid does not transfer into the P & L. Would you help me? I have Quick Books for MAC. I have not found the info anywhere where help for QB is offered. I would appreciate your help. Thank you
Hey everyone! It's been 8 years since this video was created, so I thought it was time to bring things up to date. My new video looks at QuickBooks Online instead of Desktop, and at 30 minutes in length, I go through things much slower, AND a new and improved template you can get access to from my website: ua-cam.com/video/CxZkyJKxeG8/v-deo.html
Depends who the donors are. If they are a third party, then you just record it the same way as if the tenants paid their own rent. You might set up a payment method called "donated rent" so you can track it. From the landlord's perspective it's still just rental income regardless of who paid it.
Nerd Enterprises, Inc. We are the charity and third party donors have agreed to pay the rent on our behalf to our landlords. We do not get any money into our account, it goes straight to our landlords. How do we record the transaction?
OK so what that means is your "Rent Expense" is being paid for by the charity. They get the write off. Technically you don't have anything to record, because you aren't paying anything. If you were paying it, and then getting reimbursed that would be different. What you could do, just to track it, is record a monthly entry - Debit Rent Expense, and Credit Donated Expenses (as an income account).
Thanks for the video. I have Quickbooks my self but I have not used it but 'Ive been in the administrative office field for several years and I want to learn, will be more money.....but financially i cant pay classes, give me an advice on how I can learn fast, any tips will be appreciated, i have an interview tomorrow and bookkeeping is involved.
Thank you for the great vid! Can you please answer one question? In a Auto repair shop are parts purchased to fix cars considered cost of goods sold or just expense? my darks professional says one thing and my bookkeeper says another thing :/
The way to tell if it’s a COGS or an expense is if the material(s) purchased can be attributed to a specific project/job. So a transmission purchased for Mr. Jones is a COGS. Buying oil to sell or use in company trucks or offer as a loss leader is an expense.
@aprbookkeeping Not sure what that has to do with this video, but yes. If you think it is expensive to hire a professional, try hiring someone inexperienced!
Sorry I don't. It would be a really good exercise though, for you to follow the video, and create your own version. In my bookkeeping Fundamentals course we have an updated version along with T-Account examples. You can find that here: sethdavid.com/bookkeeping-fundamentals-with-cloud-accounting-applications/
So when looking for a bookkeeper, rather than choosing the first one in the book or the cheapest, look at all the aspects of the company. Bells and whistles don’t always show professionalism or capability, you need to look a bit deeper
@nerdenterprises A very, very, very good response. and how true it is often to late before some businesses realise this fact. Hey why not make the next video about the cost of inexperienced accountants/bookkeepers
Lots of people use accounting systems for their personal finances. In fact I just set someone up yesterday, in QuickBooks Online for their personal stuff. There are also programs like Mint.com, that are made for tracking personal finances. It just depends on what you need, and how much you have to keep track of.
Are you talking about prepaid revenue like a deposit? That’s recorded as a liability. For example; I’m going to build someone a doghouse. To do that I need a deposit. When I receive the deposit I have no expenses yet so I owe the client. The money gets recorded as a liability (a debt to the client) until I earn it. Then it gets transferred to income.
The only think I can think of is that your country has this content blocked on UA-cam. I'm afraid I have no idea what more I can do to help you on this.
I don't know because my computer or your video why I can not see what is on the scream. I would like to see what are you talking about, it would help me to understand it more. because I don't know English well so I can not understand what r you say. I see your video very interesting, and I am thinking about going for booking keeping courses. thank you.
i know right im tryna find a job as a bookkeeper and this asshole just made it seem more complicated than necessary plus i dont have experience in accounting!
@@GalacticBlader Well you gotta study the profession for years to learn just the basics yet here you are expecting someone would teach you all those stuff in 12mins???? I guess it's easy to tell who the asshole is now. smh
@@mrwah1271 i dont expect him to teach me everything in 12 minutes i never said that i mean he should slow it down and use terminology people can understand
Is there a part two to this? I need to learn bookkeeping ASAP about to grad with a bachelors in accounting and got a BK job but the real world is soooo different
You're looking at it. The fundamentals are the 5 account types and your debits and credits. When you understand these concepts you will have a much better command of what you are doing in any accounting software.
some people are ridiculous! "You talk like a robot" "you make a smacking sound" "you talk too fast" .... I found nothing wrong with this video, only helpful info ... people nowadays are plain whiny, complaining about the stupidest things!
Actually, you should be sympathetic towards people with misophonia it's complete hell and you won't understand. You are in dire NEED of learning empathy.
Good instructors keep the attention of their audience, also failure rate. If there is an overwhelming failure rate per student the instructor is not getting his/her point across, it's not on the students if there is a high failure rate over every class that is taught, rather the instructor is not getting their material across in a way that student can overwhelmingly comprehend what is being taught to them. If this is in an institution of higher learning and those in academia do NOT respond they are just as guilty, for allowing this to continue without review, Good speakers & instructors captivate their audience rather than bore them which leads to higher passing rates per student in every class taught as well as getting great reviews from students...
You make a lot of different smacking sounds during and in between sentences. As others have mentioned probably due to access saliva. Changing mic settings would probably help too. Which would probably also take care of the breathing sounds which are kinda prevalent. So, now you do know. Meanwhile, I'm sure the content is great, but I can't sit through all the sounds to catch it.
:D the main message I got from this video is that the Bookkeeping is NOT a data entry job! You really have to analyze it to know where should go what... to see the bigger picture :D
What's valid? A Vague comment that I can do absolutely nothing with? I have not idea what "all what you are doing with your mouth" even means. Is it my breathing. I did take the time to listen after reading the comment and still cannot figure out what is so "annoying." Meanwhile you are talking about an accounting video with over 137,000 views and a ton of comments from people who evidently really appreciate the content. So forgive me if I have a hard time taking this one seriously!
No, no, no, no, no. People who need this don't need theory. They need practice. And by the way, advising anyone to use Quickbooks is NOT good advice. Yes it's popular, but it's not always the right solution for a new business.
bookkeeping is not the software but the professional knowledge and the experience in the person knowing how to use the systems and methods correctly
I took two accounting classes in college and did fairly well in both. I'm by no means experienced with accounting or bookkeeping, but I was able to follow the ideas being expressed in this video with relative ease.
Thanks!
I "fell" into a bookkeeping position 4 years ago. This has helped me refresh and learn the basics. Thanks for keeping it here.
Thank you, and thank you for subscribing. It's hard to take some of the negative comments seriously when I have so many views and so much positive feedback on this video, but I do like to try and be fair to everyone and take everything into consideration - even the negative feedback - as long as I am given something I can actually DO something about :)
Someone put this in a "best of James Acaster" playlist and I'm very confused
Well assuming you are in the business of selling carpet then presumably you would have previously purchased the carpet and put it into inventory so that when you sell the carpet it comes out of inventory and goes into COGS.
You would collect sales taxes only on the "Carpet" portion of the sale (labor is not taxable) and if you paid any sales taxes when you bought the carpet, that would be deducted from what you owe the state.
Great! I just added a page on the site today with a PDF of a list of all of the videos in the course and their lengths. Turns out there are over 6 hours of video in SchoolOfBookkeeping in addition to the template downloads and detailed writeups with screen shots etc.. Let me know if you have any questions.
I found it easy to understand, but I am just refreshing myself... You do speak quite fast so I can understand where someone is coming from if this is their first time hearing anything about bookkeeping... I am off to your website and am excited to view more of your videos... Thanks for taking the time to post... :D Cheers...
It depends on the rules of your industry and on how you bill and get paid. If you get paid a lot of money up front then you probably want to show that as a deposit (see my videos on customer deposits) and then bill it out as you earn it.
I think that is what I said, but OK!
In fact your deposits with the bank are BOTH; Asset and Liability. The cash is an asset that the bank uses to invest elsewhere (ie loaning money to others) and as you point out a liability in that if you demand it, they have to give it back to you.
Excellent video!! I am a non native speaker and I was able to understand every single word that you said. I think the people that did not understand the video are not too familiar with debits and credits.
It can be fascinating at how these same account types are used in most any accounting system. You mentioned subdividing these accounts. These can be subdivided into just a few accounts, or into many hundreds or even thousands of sub-accounts in larger companies and governments.
THIS HELPED ME SO MUCH! Thank you so very much! Keep making these videos!
I'll try and slow down in future recordings so the potheads can keep up ;)
Really?!
Dude, that was a mean statement.
Whaaaahahahaha. 420 dude
This video was recorded in 2010. I use a much more sophisticated Studio Condenser mic now. I'm not going to re-record a video with this much traction. Looks like many others have managed to get through it. Sorry that is not the case for you. I do have other videos on Bookkeeping basics which may not have the same issue. Feel free to search my channel for "bookkeeping basics" and see if the others work better for you.
Awesome Awesome Video. Just about to take a skills assessment and this was exactly what I was looking for! Will search your site and look for financial statement summary!
@salsablue The link is right in the video's description. I can't post URL's in the comments here or I would.
You have to pay sales tax by clicking 'Vendors' -> 'Sales Tax' -> 'Pay Sales Tax'
Depending on what version you're using the menus may vary slightly, but you cannot simply enter a bill. I can get into more detail with you on this in a private session. See the video's description for details on that.
This is one of my inspiration in teaching 🤗 thank u sir
Maybe this video will help - Search my channel for "Bookkeeper, Controller, CFO". I will also post the link in this video's description.
A bookkeeper's job is essentially to enter the financial transactions. An accountant's job is to make sure that the bookkeeping is done accurately - in a way that fairly represents the financial position of the company.
@narsplace OH and S is health and safety and TAFE is what we call college in Australia
I agree me too, each section should be explained more to get a better understanding of the subject. Use a white board for visual effect as the print is too small
It's been 8 years since this video was created, so I thought it was time to bring things up to date. My new video looks at QuickBooks Online instead of Desktop, and at 30 minutes in length, I go through things much slower, AND a new and improved template you can get access to from my website:
ua-cam.com/video/CxZkyJKxeG8/v-deo.html
@noni1948 It works just like an operational bank account but of course it isn't so you have to be on top of making sure that you close it out and reconcile it to your receipts as appropriate.
Thank you man! Got a job interview today that requires bookkeeping. Wish me luck :D
So on a practical level, how should I categorize a client in Quickbooks under the Chart of Accounts? As income or as accounts receivable? I provide consulting services to a government agency. I bill them over several months.
This is the first bookkeeping video I've seen that makes me want to break out the glowsticks. ;)
@MrsLunna1 Best think I can suggest is to keep watching free videos on UA-cam.
Also set up a dummy company on your own and start playing around with entering transactions, always with a Balance Sheet and P&L open so you can watch the impact of the transactions on these reports. This will start giving you some great insight not just on how to post transactions in QuickBooks but on how to make sure the financial statements are presented well.
That is so true I have the software but have no Idea what to do and I know it's not the software to blame.
If u could just tell me one thing possibly relating to cost of goods sold I would really appreciate it. If I provide a carpet installation service to a customer and they pay me to provide them carpet, as well as the servide to installl the carpet, is the carpet itself an expense? do I deduct that from my income earned and do I pay taxes on the full amount minus the carpet as an expense, or do I minus the carpet from the income than pay the tax- Im speaking of federal tax only thanks in advance
@VONthug Good luck! comment back here and let me know how it goes and if this or any other of my videos helped you!
Yes, This is not for beginer. Honestly, when you want to learn LIIC you have to had an accounting knowledge basic before. And thanks to host.
Funny thing is I'm in TAFE for bookkeeping, just started, So we're still in the OH &s part.
You cover a lot of information here, SD. Nice job!
Ha... but there is only a fraction of hard cash compared to bank liabilities! Cheque/bank transfers are simply book transactions between bank liability accounts. The journal entries ARE the money. And pertinently, if you 'deposit' cash with a bank, the cash is no longer legally yours, the bank has full title to it.
Aside from money theory I am still learning about bookkeeping, searching for the best package for my business and impressed with your promo video.
where can i apply for bookkeeping jobs
@narsplace I'm not sure exactly what that means, but let me know if I can help with anything :)
Thanks for sharing!I have really no idea about bookkeeping,this is the first video ive watch,and this is helpful.Thanks!
I need info on how to record, the sales tax I collect from customers, in the P & L . I created a bill for the period, then I paid it, and somehow this sales tax paid does not transfer into the P & L.
Would you help me? I have Quick Books for MAC. I have not found the info anywhere where help for QB is offered. I would appreciate your help. Thank you
Can I deduct the cost of boots purchased to recover old man Sedwitch's teeth from the swamp?
Si Senorita. Hablo muy rapido.
Hey everyone! It's been 8 years since this video was created, so I thought it was time to bring things up to date. My new video looks at QuickBooks Online instead of Desktop, and at 30 minutes in length, I go through things much slower, AND a new and improved template you can get access to from my website:
ua-cam.com/video/CxZkyJKxeG8/v-deo.html
What will be journal entry if for example rent of property is paid by donators directly to landlords - charity accounts
Depends who the donors are. If they are a third party, then you just record it the same way as if the tenants paid their own rent. You might set up a payment method called "donated rent" so you can track it. From the landlord's perspective it's still just rental income regardless of who paid it.
Nerd Enterprises, Inc. We are the charity and third party donors have agreed to pay the rent on our behalf to our landlords. We do not get any money into our account, it goes straight to our landlords. How do we record the transaction?
OK so what that means is your "Rent Expense" is being paid for by the charity. They get the write off. Technically you don't have anything to record, because you aren't paying anything. If you were paying it, and then getting reimbursed that would be different.
What you could do, just to track it, is record a monthly entry - Debit Rent Expense, and Credit Donated Expenses (as an income account).
Nerd Enterprises, Inc. Ok now I get the idea. Thanks a lot.
Thanks for the video. I have Quickbooks my self but I have not used it but 'Ive been in the administrative office field for several years and I want to learn, will be more money.....but financially i cant pay classes, give me an advice on how I can learn fast, any tips will be appreciated, i have an interview tomorrow and bookkeeping is involved.
Was I. It sounds pretty clear when I listen. Maybe better speakers are in order?
Can you post a direct link to your blog on how to book Payroll? I looked around on your site, but wasn't able to locate it.
CdntTnkOfAUsrName if you search right here on my UA-cam channel those videos will be very easy to find.
Thanks! I am assuming that's good?
Thank you for the great vid! Can you please answer one question? In a Auto repair shop are parts purchased to fix cars considered cost of goods sold or just expense? my darks professional says one thing and my bookkeeper says another thing :/
The way to tell if it’s a COGS or an expense is if the material(s) purchased can be attributed to a specific project/job. So a transmission purchased for Mr. Jones is a COGS. Buying oil to sell or use in company trucks or offer as a loss leader is an expense.
@aprbookkeeping Not sure what that has to do with this video, but yes. If you think it is expensive to hire a professional, try hiring someone inexperienced!
Great information! Thank you for the video!
Do you have the spreadsheet with the 5 account types available for download?
Sorry I don't. It would be a really good exercise though, for you to follow the video, and create your own version.
In my bookkeeping Fundamentals course we have an updated version along with T-Account examples.
You can find that here:
sethdavid.com/bookkeeping-fundamentals-with-cloud-accounting-applications/
So when looking for a bookkeeper, rather than choosing the first one in the book or the cheapest, look at all the aspects of the company. Bells and whistles don’t always show professionalism or capability, you need to look a bit deeper
@nerdenterprises A very, very, very good response. and how true it is often to late before some businesses realise this fact. Hey why not make the next video about the cost of inexperienced accountants/bookkeepers
excellent tutorial, thanks! you make it sound so fun :)
Great video!!
Thanks! Don't forget to subscribe to the UA-cam channel here!
Are bookkeeping and accounting limited to just businesses only or can it be for people too?
Lots of people use accounting systems for their personal finances. In fact I just set someone up yesterday, in QuickBooks Online for their personal stuff. There are also programs like Mint.com, that are made for tracking personal finances. It just depends on what you need, and how much you have to keep track of.
MORE LEARN TO COME!!!!! AND THANKS!!!
Prepaid Revenue is different from Unearned Revenue?
There are prepaid expenses and deferred or unearned revenue.
Thierry Yapi, i thought prepaid revenue and unearned revenue are the same thing
Are you talking about prepaid revenue like a deposit? That’s recorded as a liability. For example; I’m going to build someone a doghouse. To do that I need a deposit. When I receive the deposit I have no expenses yet so I owe the client. The money gets recorded as a liability (a debt to the client) until I earn it. Then it gets transferred to income.
Thanks! :P
Hopefully you can find something better to do with your time in the future!
I watched this for a minute and a half and was lost D:
His voice was choppy and he spoke way to fast for a beginner.
basic bookkeeping, rather good.
The only think I can think of is that your country has this content blocked on UA-cam. I'm afraid I have no idea what more I can do to help you on this.
If you think he's talking too fast, slow down the video in the video settings.
Thumbs up from me though. :D
Zachary Dial mind blown
nice job Seth ;)
Thanks!
i like your intro bass.
I literally fell asleep until I heard the ad for the next video.
I don't know because my computer or your video why I can not see what is on the scream. I would like to see what are you talking about, it would help me to understand it more. because I don't know English well so I can not understand what r you say. I see your video very interesting, and I am thinking about going for booking keeping courses. thank you.
Woah. This is NOT for beginners. And the speaker talks WAY too fast.
i know right im tryna find a job as a bookkeeper and this asshole just made it seem more complicated than necessary plus i dont have experience in accounting!
@@GalacticBlader Well you gotta study the profession for years to learn just the basics yet here you are expecting someone would teach you all those stuff in 12mins???? I guess it's easy to tell who the asshole is now. smh
@@mrwah1271 i dont expect him to teach me everything in 12 minutes i never said that i mean he should slow it down and use terminology people can understand
excellent video
Is there a part two to this? I need to learn bookkeeping ASAP about to grad with a bachelors in accounting and got a BK job but the real world is soooo different
We're you able to find classes on Bookkeeping?
What are the fundamental of book keping
You're looking at it. The fundamentals are the 5 account types and your debits and credits. When you understand these concepts you will have a much better command of what you are doing in any accounting software.
Way to deal with valid criticism.
love it!!
some people are ridiculous! "You talk like a robot" "you make a smacking sound" "you talk too fast" .... I found nothing wrong with this video, only helpful info ... people nowadays are plain whiny, complaining about the stupidest things!
Actually, you should be sympathetic towards people with misophonia it's complete hell and you won't understand. You are in dire NEED of learning empathy.
Hi, thank you for sharing but you were talking very fast I couldn't be able to catch up.
Great Video.
Thanks!
Good instructors keep the attention of their audience, also failure rate. If there is an overwhelming failure rate per student the instructor is not getting his/her point across, it's not on the students if there is a high failure rate over every class that is taught, rather the instructor is not getting their material across in a way that student can overwhelmingly comprehend what is being taught to them. If this is in an institution of higher learning and those in academia do NOT respond they are just as guilty, for allowing this to continue without review, Good speakers & instructors captivate their audience rather than bore them which leads to higher passing rates per student in every class taught as well as getting great reviews from students...
Darlene Ferguson - I was very captivated.
excellent info thanks
You make a lot of different smacking sounds during and in between sentences. As others have mentioned probably due to access saliva. Changing mic settings would probably help too. Which would probably also take care of the breathing sounds which are kinda prevalent. So, now you do know. Meanwhile, I'm sure the content is great, but I can't sit through all the sounds to catch it.
:D the main message I got from this video is that the Bookkeeping is NOT a data entry job! You really have to analyze it to know where should go what... to see the bigger picture :D
You pretty much nailed it!
I'm a beginner and I don't find this video helpful.
Someone please direct me to a beginner course?
go to the bean counter, easy to follow and starts very basic and goes to advance
Where you able to find the education that you needed to get started?
Super helpful
Thanks!
Account. Types
I hope you've gotten a different mic or something...the smacking was driving me crazy 😳
Yes. This was published 8 years ago :)
Or codfagkevin23 needs to get a grip. I understand you very well!
Huh?
He's basically saying; stop slavering when you talk.
THanks
What's valid? A Vague comment that I can do absolutely nothing with?
I have not idea what "all what you are doing with your mouth" even means. Is it my breathing. I did take the time to listen after reading the comment and still cannot figure out what is so "annoying."
Meanwhile you are talking about an accounting video with over 137,000 views and a ton of comments from people who evidently really appreciate the content. So forgive me if I have a hard time taking this one seriously!
WOW
Then you probably don't want to do be doing any bookkeeping or watch videos like this!
Use a white board as this is so hard to see, can't follow
Thank you.
tHIS VIDEO ISN'T SO BAD
No, no, no, no, no. People who need this don't need theory. They need practice. And by the way, advising anyone to use Quickbooks is NOT good advice. Yes it's popular, but it's not always the right solution for a new business.
The internet.
PLEASE slow down.
Try this much newer, fresher post:
nerdenterprises.com/bookkeeping-basics-with-quickbooks-online/
My tax professional*
ni
you speak very fast. habla muy rapido