How to use Microsoft Excel for small business accounting.

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  • Опубліковано 18 жов 2024
  • Just a few basic tips for using Microsoft Excel spreadsheets for your starting accounting with your small business.
    Thanks for checking out my channel. Make sure to subscribe!!
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КОМЕНТАРІ • 193

  • @hugojerez3166
    @hugojerez3166 4 роки тому +15

    Legendary!!! Even 5 years later you’re helping a beginner out , THANKS 🙏🏼

    • @RockstarFlipper
      @RockstarFlipper  4 роки тому

      Glad to do it!

    • @azersamaali2016
      @azersamaali2016 4 роки тому

      Cheers for this, I been tryin to find out about "status report email example project manager" for a while now, and I think this has helped. You ever tried - Peyictorier Imaginative Preeminence - (do a google search ) ? It is a great one of a kind product for getting useful project management and business templates minus the normal expense. Ive heard some decent things about it and my m8 got cool success with it.

    • @goodnessanimasahun580
      @goodnessanimasahun580 4 роки тому +1

      Are ya in the future ?

    • @ravindrareddy198
      @ravindrareddy198 2 роки тому

      @@azersamaali2016 wyc

    • @deemogul6205
      @deemogul6205 Рік тому

      This really helped me a lot as a beginner in 2022! Thanks !

  • @FailingArtist
    @FailingArtist 4 роки тому +3

    I leeeerv how short and precise your vids are. I just needed a refresher in financial statements, etc.
    YOURE AWESOME!! TY TY TY!!

  • @deemogul6205
    @deemogul6205 Рік тому

    Thanks so much for this video. I'm about to launch my business , and math /accounting is NOT my thing , but I do know the importance of it in business, in particular in having as much knowledge of it for myself and my small business. I am a visual learner , so I definitely appreciate the visuals you use to go with the lessons. I am a now officially a subscriber.

  • @PatChilly65
    @PatChilly65 5 років тому +5

    Thank you for that I had no Idea thought it was a lot more complicated than that. You made it look more simple than it was already.

  • @ethanzhang5835
    @ethanzhang5835 4 роки тому +8

    THANK YOU! THIS WAS SO USEFUL FOR MY SMALL COMPANY. Appreciate it!

  • @ronaldofenomino857
    @ronaldofenomino857 7 років тому +13

    Learned so much from this simple yet effective video. Great stuff!

    • @RockstarFlipper
      @RockstarFlipper  7 років тому +1

      Thank you! I try to keep thing very easy for everyone

  • @xcelpersonaltraining6245
    @xcelpersonaltraining6245 Рік тому

    Thank you - Just what I need for my Personal Training Business.

  • @kevinstone924
    @kevinstone924 7 років тому

    Of all the videos i watched, this one was the most helpful and easy to understand. thanx a million!

  • @TheHumorHive.
    @TheHumorHive. 3 роки тому +1

    just went to school for 6 hours and learned more in this 8 minute video

  • @hafillathief3613
    @hafillathief3613 4 роки тому +5

    oh..., Finally. I had some simple accounting.

  • @nileshp1347
    @nileshp1347 7 років тому

    About to start my business in India and it helped me a lot. Thanks mate.

  • @natalieg2867
    @natalieg2867 3 роки тому +1

    Love how easy this is. 2 questions for you: 1. If I have the sum for my business services on top, why do I need a Gross cell? and 2. Is there a way to have it calculate 25% of the gross income so I can know what to put aside quarterly for paying taxes? Thanks!

    • @RockstarFlipper
      @RockstarFlipper  3 роки тому +1

      1, im not sure of your question. #2- yes you could create another column and have that block do (Gross*.025) as the formula in it

  • @4291mehmet
    @4291mehmet 6 років тому +4

    Very helpfull and simple, just what i was searching for. I dont need all that advanced stuff

  • @deannajohnson3933
    @deannajohnson3933 Рік тому

    Thank you so much! Love this video, very informative!

  • @MeshMusicUK_Official
    @MeshMusicUK_Official 4 роки тому +2

    Great tutorial! Now I can keep books like a pro!

  • @mybirth12
    @mybirth12 4 роки тому +1

    hi, I'm from Malaysia! thank you for your explanations!

  • @erikuriarte5736
    @erikuriarte5736 4 роки тому +1

    Thank you. It was very useful for my small company.

  • @rowelyncabrera3352
    @rowelyncabrera3352 5 років тому +2

    Thank you!
    Very simple and easy to understand. Really helped me a lot❤️

    • @RockstarFlipper
      @RockstarFlipper  5 років тому

      You got it!! thanks for watching

    • @tiredwayy
      @tiredwayy 4 роки тому

      @@RockstarFlipper
      He i need to make sample excell sheet for my car . Can u plz help me to do that .

  • @joseoscal8582
    @joseoscal8582 3 роки тому +1

    I’m 5 years late but bro you made this so easy to understand thank you so much

  • @Rainrainrain17
    @Rainrainrain17 4 роки тому +1

    Thanks for helping me.. what about league of legends can you teach us?

  • @azizsahab1077
    @azizsahab1077 6 років тому +6

    its really help me. and also gave me practicle knowledge. its really effective.

  • @MikeEnsTV
    @MikeEnsTV 4 роки тому +1

    I like this tutorial thanks for sharing your knowledge

  • @beesleystreet
    @beesleystreet 6 років тому +3

    Thank you. Thank you. Just exactly what I was looking for.

  • @funmilade3007
    @funmilade3007 3 роки тому +1

    hi love how precise your videos are thanks. Love to know about the tee-shirt business i love to start one am good at designing. Will love to hear from you

  • @billyselinga3957
    @billyselinga3957 4 роки тому +1

    All in 8min.Thank you very much

    • @RockstarFlipper
      @RockstarFlipper  4 роки тому

      Very welcome!! I did an updated one for 2020!! check it out

  • @Lovely-id3vm
    @Lovely-id3vm 4 роки тому +3

    Very nice and simple exactly what I was looking for Thanks 😁

  • @topnotchprinting9404
    @topnotchprinting9404 4 роки тому +1

    Thank you this video was very helpful

  • @maricrisbaliton5530
    @maricrisbaliton5530 4 роки тому +1

    Thank you for this reference, I have now the idea and will use this. 😊

  • @gemvrianopiso2246
    @gemvrianopiso2246 3 роки тому +1

    Thanks for this man !!!

  • @isb5772
    @isb5772 5 років тому

    Wow! You have helped me alot!!! Super simple and yet sooooo informative!!!

  • @patriciabell8535
    @patriciabell8535 4 роки тому +1

    Easy and very helpful thank you

  • @rachelbaldwin1996
    @rachelbaldwin1996 2 роки тому +1

    Hi :) what if it is like a cosmetics business and have to make things on your own and need a capital cause u will buy things in bulk. Can u still use this system? Thanks

  • @kriserika
    @kriserika 4 роки тому +1

    Thank you so much. So helpful

  • @chayanikagoswami1243
    @chayanikagoswami1243 4 роки тому

    totally loved it...thanks

  • @mattgloss8580
    @mattgloss8580 4 роки тому

    You made it simple.. Thank you.

  • @ngabohakiza3988
    @ngabohakiza3988 4 роки тому +1

    GOD bless you bruh you amazin thanks a lot man verry usefull

  • @khanhuzaifa9732
    @khanhuzaifa9732 3 роки тому +2

    Thanks Bro For This Video

    • @RockstarFlipper
      @RockstarFlipper  3 роки тому

      VERY welcome. theres a 2020 edition and 2021 on my channel

  • @lauratortona9337
    @lauratortona9337 5 років тому

    Very simple but very informative...nice one

  • @kimbramelvin4304
    @kimbramelvin4304 6 років тому

    Thanks. This was very helpful for my start up, small business

  • @gopawi
    @gopawi 6 років тому

    nice one.. Can you let us see what is the content of the SHEET NAME TOTAL -- is that consolidation or something?

  • @Neeci4Liberation
    @Neeci4Liberation 8 років тому +5

    This really helped me. I couldn't like it enough..

    • @Neeci4Liberation
      @Neeci4Liberation 8 років тому +1

      Do you keep receipts after you purchase something to resell? if so for how long?

    • @RockstarFlipper
      @RockstarFlipper  8 років тому

      ALWAYS... keep them or take photos and store the photos. even better if you have them on your debit or credit card statements which you can print. I keep ALL of mine i def have the last 3 years stored in a box

  • @itshamzakamran
    @itshamzakamran 5 років тому

    U r so quick.its so impressive. Keep it up help other😊

  • @joramrozal31
    @joramrozal31 2 роки тому +1

    Thanks man!

  • @anatolia707
    @anatolia707 5 років тому

    Many thanks for great starter tips, it's things I never knew. Great

  • @tiffanycolbert1536
    @tiffanycolbert1536 3 роки тому +1

    Thank you!

  • @daveclemmer7577
    @daveclemmer7577 5 років тому

    THANK YOU..!! Great Clear Direction..!

  • @breonna1
    @breonna1 2 роки тому +1

    Thanks so much!

  • @B4N4N0N
    @B4N4N0N 7 років тому

    Amazing video, i learned easily from you. Thanks!

  • @macheted01
    @macheted01 4 роки тому +1

    Hey there! The person doing our taxes this year mentioned trying Excel in keeping track of earning and expenses. I was looking at the spreadsheets they already have made up. Most seem to be geared towards merchandise. I offer a service. Which would you recommend?

    • @RockstarFlipper
      @RockstarFlipper  4 роки тому

      Making your own spreadsheet. If you don't have experience with excel, find someone who does and have them make you one

    • @macheted01
      @macheted01 4 роки тому +1

      @@RockstarFlipper Thanks, will check into it.

  • @tici4781
    @tici4781 7 років тому

    Thank you a lot for your video ! I have another question about the purchase items . If I buy something by cash from a garage sale or a swap meet and I don't have any receipts for the items , what can I put in the store column?

  • @akshathi406
    @akshathi406 5 років тому

    Thanks bro...it is simple and effective...

  • @amberalexander1715
    @amberalexander1715 6 років тому

    Thank you so much! this was just what I was looking for! :)

  • @TheComiKen
    @TheComiKen 6 років тому +2

    Love learning important skills. Thanks!

  • @253199550
    @253199550 7 років тому +12

    i feel like giving you 1000 likes

    • @RockstarFlipper
      @RockstarFlipper  7 років тому

      UA-cam should put a box to type in the amount of likes you wanna give lol

  • @MCKVlog
    @MCKVlog 6 років тому

    Thanks for this Video, this helps me a lot.

  • @alietealmeida3206
    @alietealmeida3206 6 років тому

    profound gratitude

  • @vitaliydrobina9394
    @vitaliydrobina9394 5 років тому

    Thank you for detailed explanation!

  • @jamiliqbal2612
    @jamiliqbal2612 4 роки тому +1

    Thanks for nice vedio,

  • @Alienchief1994
    @Alienchief1994 6 років тому

    If I Alphabetize any column, will the other columns remain corresponding to the row they began in? so lets say. I'm doing inventory and trying to alphabetize items (I've got a comic shop so alphabetical is the best way to organize. If I don't initially put them in alphabetically and mark certain Items as sold in another column, then after adding all inventory decide to alphabetize, would the columns marked sold, remain where I initially put them or remain corresponding to the item next to them? THANKS

  • @lucierangel39
    @lucierangel39 5 років тому

    So helpful! Thank you!

  • @KG-wv1jk
    @KG-wv1jk 6 років тому

    Thanks Great Video. I found it really helpful.

  • @marvinvillanueva1417
    @marvinvillanueva1417 5 років тому +1

    Thanks! Very important information

  • @micosarines636
    @micosarines636 4 роки тому

    I love you bro thank you for this

  • @kaykayislive
    @kaykayislive 2 роки тому +1

    Can u help me make an Excel for the Clients Name and Phone number and Color and Size and Cost and Closeing order date and Drop off notes please!!

  • @wesleypontillas6222
    @wesleypontillas6222 4 роки тому +1

    What's the version of MS Excel you were using in here?

  • @NancylynnMaineMadesoaps
    @NancylynnMaineMadesoaps 3 роки тому

    Thank you ❤️

  • @nazmirmie
    @nazmirmie 6 років тому

    Hi..this video really help my first account..but i having trouble..can someone help me how to close account?

  • @Yousiful
    @Yousiful 6 років тому

    love this!, got something similar

  • @MOHSINAHMED2010
    @MOHSINAHMED2010 6 років тому

    i need some startup ready made excel sheet from general ledger-trail balance-income statement-balancesheet for the days expense income to month end balancesheet.hope you help me.

  • @ppyongkwangmin19
    @ppyongkwangmin19 5 років тому

    Great video! Like all the comments below, i wish I could give you 1000 likes for this video. Its very helpful, straightforward and easy.

  • @soyanunkow8666
    @soyanunkow8666 6 років тому

    this was a great start!!!

  • @shayanrajput14aug
    @shayanrajput14aug 6 років тому +2

    same for my expectations this video

  • @JafarDw
    @JafarDw 7 років тому +2

    Thank you so much buddy..!!

  • @davideggleston1833
    @davideggleston1833 6 років тому +1

    Great info, Thanks.

  • @ausblastersaustralia7500
    @ausblastersaustralia7500 5 років тому +1

    Thanks very much

  • @sirmodd6199
    @sirmodd6199 4 роки тому +1

    thank you

  • @maib.6440
    @maib.6440 4 роки тому +1

    very usefull👍👍

  • @swativarmavlogs
    @swativarmavlogs 6 років тому

    Thnx i liked it

  • @jajasatorashi136
    @jajasatorashi136 3 роки тому +1

    Hi what excel version is this? Thx

    • @RockstarFlipper
      @RockstarFlipper  3 роки тому

      Its like 2017 or 2018 I think. I didnt buy it since then, but now I just use google sheets

  • @mansourhindi5433
    @mansourhindi5433 3 роки тому

    you can not calculate the profit margin by deduct sales from all purchases

  • @IrisMG
    @IrisMG 7 років тому

    Love it.

  • @sebashernandez654
    @sebashernandez654 4 роки тому +1

    ho can i do one for bounce house rental?

    • @RockstarFlipper
      @RockstarFlipper  4 роки тому

      Same way. you need to track the income coming in, and the expenses you spend

  • @Paradoxical_heuer
    @Paradoxical_heuer 4 роки тому

    Hey there
    I need a system in excel that allows me to select a certain group of products individually(using lookup function or sth) and like a mini program, after clicking a button or typing a value, the results of the sale get added to another sheet(log sheet) and clear the calculator for the next use, how the hell can i do this in excel?
    Ps: obviously, i need the log sheet to have enough sanity to place each result under the previous one, so they are easily distinguishable from each other and their values don't mix up
    Would be great if someone could answer this 3 yo question

    • @RockstarFlipper
      @RockstarFlipper  4 роки тому

      Heuer De yeah well you’ll need a professional programmer and it probably won’t be in excel. Highly doubtful that can even be done on excel. If it can and you can find an example then you should ask whoever you see with it

  • @maestasify
    @maestasify 7 років тому +1

    Thank you! Namaste

  • @milovers21
    @milovers21 4 роки тому +1

    Hi! Why is my total cell showing a dash and not the result? Thank you!

    • @RockstarFlipper
      @RockstarFlipper  4 роки тому

      You need to email me a screenshot and ill take a look. rockstarflipper@Gmail.com

    • @milovers21
      @milovers21 4 роки тому

      RockstarFlipper hi its okay it’s already been taken care of. Thank you so much for this easy to understand and useful tutorial! Really helped me a lot as a beginner in excel

  • @thug540
    @thug540 3 роки тому

    I keep getting a positive $350.00 for my gross profit. I tried rearranging the function to get the same result, but to no avail. I double and triple checked that I followed every step correctly. There has to be some small detail you left out.

  • @ObyIfejika
    @ObyIfejika 4 роки тому +1

    Concise 👌🏼

  • @1961maya
    @1961maya 6 років тому

    Thank you!!!

  • @sssdornier
    @sssdornier 7 років тому +2

    Very helpful

  • @lullithsenveshraj2554
    @lullithsenveshraj2554 7 років тому +2

    very helpful bro

  • @cutiezee6289
    @cutiezee6289 3 роки тому +4

    Thanx for your help.
    Also I wanna add that you're cute :P

    • @terrellmajor8205
      @terrellmajor8205 3 роки тому

      A tip: you can watch series on kaldroStream. Me and my gf have been using it for watching lots of of movies during the lockdown.

    • @blakepablo1035
      @blakepablo1035 3 роки тому

      @Terrell Major Yea, I've been using kaldroStream for since december myself :D

  • @timothyadams571
    @timothyadams571 8 років тому

    great video.

  • @allysapaula5302
    @allysapaula5302 2 роки тому +1

    this guy has league on his mac

  • @zayedalameeri7542
    @zayedalameeri7542 4 роки тому +1

    👍👍👍👍👍👍👍

  • @shreeshantikagunaga6266
    @shreeshantikagunaga6266 5 років тому

    how to start business pls infromation pls Thank u ,

  • @syedhassanmian
    @syedhassanmian 5 років тому

    please share this created file

  • @zianbrylle8342
    @zianbrylle8342 4 роки тому +1

    tHANK YOU. that was useful for me since im starting to manage my business ..
    - momshe ♥ store

  • @ashleygaston9033
    @ashleygaston9033 7 років тому +1

    What's your email?

    • @RockstarFlipper
      @RockstarFlipper  7 років тому

      Rockstarflipper@Gmail.com :-). down below in the description box if you need also

  • @shanellawright7050
    @shanellawright7050 4 роки тому +1

    What your email address?

  • @ravindrareddy198
    @ravindrareddy198 2 роки тому

    Dux orh