Small business TAX PREP 2019 bookkeeping (simple method using Excel!)

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  • Опубліковано 28 жов 2024

КОМЕНТАРІ • 59

  • @FinePointsBookkeeping
    @FinePointsBookkeeping  4 роки тому +5

    Thanks for watching! Share this with a small business owner you know. :)

  • @GrowNativeMN
    @GrowNativeMN 28 днів тому

    This is a super great, quick paced, informative tutorial. Thankful you did not include the basics of how to use a standard spreadsheet. I do not intend to purchase software when a spreadsheet and and extra few minutes will save $$$ per year and now feel much more comfortable reporting to the daunting IRS. THANKS SO MUCH!

    • @FinePointsBookkeeping
      @FinePointsBookkeeping  28 днів тому

      Morgan is happy to hear that you enjoyed her video!
      Krista (FinePoints Admin)

  • @nky.z
    @nky.z 4 роки тому +5

    THANK YOU! I needed something very BASIC to give to my tax guy as I started my business not too long ago. I’ll be giving this a try! Wish me luck! 😭

  • @carolsimpson8163
    @carolsimpson8163 2 роки тому

    Thank you so much! This is the first explanation of EXCEL that has made any to me.

  • @sayorimoonflower9672
    @sayorimoonflower9672 2 роки тому

    Yess! This is so much easier then quickbooks or anything else I could possibly think of!
    Thank you!

  • @IlonaJosiane
    @IlonaJosiane Рік тому

    I extremely like the video, man. Very helpful and informative. Thank you very much. It is presented so well too. Great, positive work.

  • @brmjanyat
    @brmjanyat 4 роки тому +5

    Great vid
    It would be a lot easier to use subtotal button
    Pivot table or sumif are viable options but a little bit more complicated to excel newbies

  • @jacobkokanovich7696
    @jacobkokanovich7696 Рік тому

    Super Helpful THANK YOU!!

  • @manisymone8622
    @manisymone8622 2 роки тому

    This video is awesome! Creating a pivot would be a matter of seconds to getting your totals or having things categorized per month or quarter.

  • @waverlylane1
    @waverlylane1 4 роки тому +3

    PIVOT TABLES!!!
    Learn this feature in Excel, much easier when doing what’s suggested in this video!!

  • @ellisdudley
    @ellisdudley 4 роки тому +1

    Pivot table would help yes?

  • @ForensicDreamer
    @ForensicDreamer 4 роки тому

    I use this process as well for the small law firm that I work for. You are correct that this method is a cost saver. It's more efficient to perform this process in QBO

  • @sherryhergott1502
    @sherryhergott1502 2 роки тому +2

    Do you have an excel template for bookkeeping?

  • @johnschulte5820
    @johnschulte5820 3 роки тому

    So helpful for those new startups.

  • @littleoutlaw4224
    @littleoutlaw4224 10 місяців тому

    The first 20 seconds, she was definitely talking to me.

  • @EarnestTillman
    @EarnestTillman 2 роки тому

    Spot on

  • @SolHersh
    @SolHersh 2 роки тому

    awesome vid thanks!

  • @ashabakai4626
    @ashabakai4626 3 роки тому

    I want to learn bookkeeping but from scratch. I am really scared and nervous. Can you please help me to get the right information. I don’t know where to start

  • @MoggAssassin
    @MoggAssassin 2 роки тому +1

    Sumifs or pivot tables would probably make this simpler.

  • @ayansajid1
    @ayansajid1 4 роки тому

    Thanks yes I was looking for it.

  • @rickeyhughes7380
    @rickeyhughes7380 4 роки тому

    Hello. My name is Rickey Hughes. I have just watched your video about Small Business Tax Preparation. I do have a small business in Bookkeeping and Accounting. I may need to watch the video again, because I know more about Bookkeeping and Accounting than I do about Income Tax Preparation. However, I think you explained it very well. Also, I have a laptop computer; but, I don't have Excel. I may need your suggestions about this. Right now, I am only doing Bookkeeping and Accounting by hand, and I may need your advice on how to do this if I am going to use a computer.
    Anyway, I thank you for sharing this video, and look forward to hearing your response about this. Thank you again, and keep up the good work.

    • @FinePointsBookkeeping
      @FinePointsBookkeeping  4 роки тому

      Thanks for watching! Excel will often come in a package on your computer, but you should be able to buy a download if you don't have it. But, if you're using QuickBooks, I'd stick with that!

    • @rickeyhughes7380
      @rickeyhughes7380 4 роки тому

      Thank you.

  • @jenemt06
    @jenemt06 2 роки тому

    Would you recommend getting Microsoft 365 family or Microsoft 365 business if your getting ready to start your own bookkeeping business? As you may use word and excel from time to time.

    • @FinePointsBookkeeping
      @FinePointsBookkeeping  2 роки тому

      Morgan uses her Google Workspace for most things! -Gabe (FinePoints Admin)

  • @jamr2t
    @jamr2t 4 роки тому +2

    my wife runs a small business but also gets paid as an independent contractor (1099), what software do you recommend? and do we keep those two separate? or combine them?

    • @FinePointsBookkeeping
      @FinePointsBookkeeping  4 роки тому +1

      That gets a bit complex. I would keep them separate if possible. Or, at the very least make two account categories for you P&L. As a bookkeeper, this is the type of thing I would consult with a CPA about.

  • @juansutton5465
    @juansutton5465 4 роки тому

    Hello FinePoint!
    Do you do bookkeeping I really need my 2019 books done?

  • @veronicadoesitall
    @veronicadoesitall 2 роки тому

    When downloading for the entire year, it won’t download 1 month… is there a different way to save.. IDK, I’m missing 1 month🧐

  • @jennifergonzales3231
    @jennifergonzales3231 Рік тому

    What form do you use to file taxes quarterly?

    • @FinePointsBookkeeping
      @FinePointsBookkeeping  Рік тому

      Hi Jennifer! Here is a video Morgan made that may answer your question, " Quarterly Taxes Explained": ua-cam.com/video/SRnWBWOvtHY/v-deo.html
      Krista (FinePoints Admin)

  • @ArchangelInk
    @ArchangelInk 4 роки тому

    Great videos! Can you point me toward the 50% QuickBooks link you mentioned? I don't see it in the description here. Thanks!

  • @juansutton5465
    @juansutton5465 4 роки тому

    Do you do bookkeeping I really need my 2019 books done?

    • @LilOleMeAgain2634
      @LilOleMeAgain2634 3 роки тому

      Finalpiecesbookkeeping@gmail.com
      Let's chat and see if I can help you get your books together.

  • @deltanyc1
    @deltanyc1 3 місяці тому

    Where's the wages? That's the largest expense and it's included in the P&L.

  • @lupita1114
    @lupita1114 4 роки тому

    Do you do one on one? I need help with my small business

  • @elliswu6087
    @elliswu6087 4 роки тому +1

    HOW ABOUT PAYROLL

  • @InIteration
    @InIteration 4 роки тому

    Hmm... Maybe bookkeeping isn't so scary.

  • @rachelgwin7946
    @rachelgwin7946 4 роки тому

    This is awesome, thank you!

  • @jchung5066
    @jchung5066 4 роки тому

    wouldnt it be easier if u used pivottables

  • @Dhernandez10
    @Dhernandez10 4 роки тому

    But what about the miles? Lol

    • @FinePointsBookkeeping
      @FinePointsBookkeeping  4 роки тому +1

      Yes! Record those when you're filling out all the info in turbo tax (I assumed those are being tracked separately). :)

  • @richardhay645
    @richardhay645 3 роки тому +1

    Shorten your infomercial.

  • @binthawwa3532
    @binthawwa3532 4 роки тому

    i didn't get 100% of Christmas party and 50% of meals?

  • @chimewithmaria6510
    @chimewithmaria6510 3 роки тому

    if you are bookeeping all your transactions every year that aint it

  • @MagaWatcher
    @MagaWatcher 3 роки тому

    I don’t have time to listen to a promotion

  • @gaarcemail
    @gaarcemail 2 роки тому

    Had to wait to almost halfway through the video to get to the spreadsheet. I really hate all the beating around the bush, to get to the actual information.

    • @FinePointsBookkeeping
      @FinePointsBookkeeping  2 роки тому

      Any downloadables will be listed in the description section, so you can always head there right away to find Morgan's resources :) -Gabe (FinePoints Admin)