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The 5 Biggest Mistakes Small Business Owners Make With their Accounting Records
 
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http://www.accountingsux.com/ The 5 biggest mistakes small business owners make with their accounting records If you run your own small business you must keep good accounting records. Studies show that small businesses with poor accounting records are generally destined to failure whereas businesses with good records have a much better chance of survival. So here are some common mistakes to avoid in keeping good records. Mistake 1: Not Balancing Your Records to Your Bank Account Reconciling to your bank statement ensures that everything that has gone through your bank has been included in your accounts. It's one of the first things that both an accountant and a tax auditor will look at. If you don't balance your books to your bank account: • your accountant or tax preparer has to do a lot more work meaning more cost for you • you may well be paying more tax than necessary as you could be missing expenses that could be claimed as tax deductions • you are at risk if you get a tax audit and the tax inspector will spend a lot more time drilling down into your affairs because they will not believe you have taken due care in keeping your records Be disciplined to balance (reconcile) your records to your bank statement every month. Mistake 2: Not doing the books often enough Bookkeeping is often a chore at the end of a long day. But doing your books regularly will save hours of time by not having to track details that you cannot remember. Mistake 3: Not recording cash payments Many small business owners pay cash out of their pocket for business expenses. But not recording these expenses can equate to thousands in lost tax deductions. Keep an envelope in a strategic place so that all cash receipts can be put into the envelope and entered into your records at the one time. And make sure you get a receipt for everything! And get a simple bookkeeping system like 'Accounting Sux' that makes it easy to record cash payments. Mistake 4: Not recording enough information about transactions My experience as an accountant is when many small business owners visit their accountant they bring their bank statements, receipts or even their computer records... and a bad memory! Do this at your peril! When everything is fresh and current, you need to add an explanation next to every transaction that is not obvious to someone else such as your accountant or a tax auditor. You will save hours with your accountant, have a stress-free end of year and peace of mind if you get a tax audit. Mistake 5: Trying to use an accounting software program beyond your level of expertise. This mistake is often the most costly of all. Most small business owners have not been trained in accounting yet the vast majority of accounting software requires a high level of understanding. Unless there is a specific need, most small business owners would be much better off with an easy system that allows them to accurately track money coming into their business and the money that goes out. If they issue invoices then they also need a system for that and to track the money customers owe them. This will provide you with records that actually HELP you understand and manage your business while actually minimizing the time your accountant needs to spend preparing tax returns. And the best part is: you can get on with running your own business instead of trying to be an accountant. If you want an easy program to keep your business records, we recommend 'Accounting Sux' at www.accountingsux.com
Views: 49029 accountingsoftwareus
Accounting 101: What you need to know as a startup | Xero
 
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When you’re a startup, you only have about a billion things to think about. So it’s understandable if accounting isn’t top of mind. That’s why Elizabeth Ü from Xero and Liz Mason from High Rock Accounting are here to provide the accounting basics you need to know to become a successful small business. Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at https://www.xero.com/signup Like us on Facebook: http://www.facebook.com/xero.accounting/ Follow us on Instagram: https://www.instagram.com/xero/ Follow us on Twitter: http://www.twitter.com/xero Follow us on LinkedIn: http://www.linkedin.com/company/xero Subscribe to our Youtube Channel here: https://www.youtube.com/user/XeroOnlineAccounting
Accounting for Small Business
 
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A video by Mike DeMott for the Small Business Development Center at Columbia Gorge Community College
How To Start Bookkeeping For Small Business
 
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How to Start Bookkeeping for Small business. Learn, about Starting Bookkeeping business. How to Open Your Own In Home Bookkeeping Service 3rd Edition by Julie A Mucha & Aydlott CFE. Join our Young Entrepreneurs Forum - http://www.youngentrepreneursforum.com/ #youngentrepreneursforum Very useful article to start bookkeeping business service - http://www.cibcb.com/members_area/bookkeeping_business.html Hey, Welcome to Young Entrepreneurs. Do you want to start a bookkeeping business? If you are very good at organizing financial information then, bookkeeping business is very helpful for you. Because, In modern age bookkeepers are always in demand. So, this video helps you to start your own bookkeeping service small business. Our Popular videos of the month. How To Start an Online Business - https://www.youtube.com/watch?v=TCtQu77hUgI Are you an Entrepreneur by Kevin D Johnson - https://www.youtube.com/watch?v=b21ytawAUVU Top 40 Small Business Ideas in India - https://www.youtube.com/watch?v=z_IvoZQkcgs 5 Questions Before Starting Your Own Business - https://www.youtube.com/watch?v=PKNkauKgRLw 10 Tips for Starting Your Own Business by Bernard B Kamoroff - https://www.youtube.com/watch?v=wxyGeUkPYFM Young Entrepreneurs Success Story Guide - https://www.youtube.com/watch?v=j7wZogQhmFE Life of Riley by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1400054 Artist: http://incompetech.com/ How to Open Your Own In Home Bookkeeping Service 3rd Edition book very helpful for accounting students and all Young Entrepreneurs who wants to start bookkeeping small business. Also, you can easily reach author by email. She quick reply you back. This is the Most Recent Customer Review.
7 Record Keeping Tips for Small Business Owners
 
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As a child care provider, I have to keep track of tons of paperwork and records. The most daunting task is always entering expenses and filing paperwork before it piles up into a giant mountain. Many people put it off until the start of the new year and then have to spend a ton of time getting everything in order, only to most likely lose out on deductions due to too much time passing leaving people forgetful of what they purchased. In this video, I share seven tips to make this year a much better year for keeping track of your tax documents so when next year rolls around, you can relax while others are scrambling! ------------------------------ HOUSE TOURS: https://www.youtube.com/playlist?list=PLNbrmIjuytLF9ckfuVyHu891s4Ct4oqr0 CHECK OUT OUR DAILY VLOGS (2016): https://www.youtube.com/playlist?list=PLNbrmIjuytLFhma9ZcL4Vu9Cv3OexxDLv CHECK OUT OUR MOST LOVED/USED ITEMS: http://astore.amazon.com/houmadofmar02-20 Finance Followers: If you want to check out Capital One 360 that we've mentioned in many videos (and LOVE), sign up for a checking or savings account using the following link, and you will earn $25: https://r.capitalone360.com/9Mhw5NEerz We SO appreciate all of our subscribers! You all are amazing human beings who make our lives so much better! Thank you for taking time out of your day to watch our silly little videos and for leaving such sweet, genuine comments. You make our days brighter! *Links may contain affiliate links to products we use and love. We never share or link to anything we don't love ourselves, but we appreciate if you click and help support our aim to spread the marital love from our little home on the internet. :) Music by Epidemic Sound (http://www.epidemicsound.com)
Views: 52521 Work Life Glue
Accounting Basics Tutorial For Small Business
 
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Accounting Training blog: https://www.patriotsoftware.com/accounting/training/blog/ Try our online accounting software: https://www.patriotsoftware.com/accounting/ Visit our homepage: https://www.patriotsoftware.com/ Facebook: https://www.facebook.com/patriotsoftware/ Twitter: https://twitter.com/PatriotSoftware LinkedIn: https://www.linkedin.com/company/patriot-software As a small business owner, you’re the one in charge of keeping your books in order. Get started with our 2-minute accounting basics tutorial. Want more accounting basics and training? We upload videos every other Thursday with more helpful accounting tutorials for small business owners! --- Hi, my name is Aurora, and I’m here at Patriot Software with an accounting basics tutorial of what all small business owners should know. We get it: you’re a small business owner, not an accountant. But as the owner, you’re in charge of making sure your books are in order. So, where can you start? Begin with using a cash-basis accounting system. It’s basic accounting: cash in, cash out. You record transactions as money changes hands. Now, what should you record? Record all incoming and outgoing transactions. The more in-depth your records are, the better. Your incoming transactions will include: What you sold Who you sold it to How much revenue you collected The date you received payment And, if applicable, how much sales tax you collected Your outgoing transactions will include: The taxes you paid The employees you paid And, your business overhead costs, like office supplies and rent. Keep track of every dollar that goes in and out of your company. Many payments you make may be deductible based on your income or business structure. Next up on our accounting basics tutorial, how do you record these transactions? You should place every dollar you collect on its own separate line. Do the same thing for every expense. Record where the money went, or where it came from. Do this so you know which payments qualify for tax breaks and how much of each payment you received goes to taxes. You should also consider organizing each transaction into a chart of accounts, separating your: Asset accounts, like checking accounts and savings accounts Expense accounts, such as insurance, payroll, and rent Income accounts, like money made from products and services Doing this will not just help make filing taxes easier, but it will also help you understand your business’s cash flow. Thanks for watching! For more basic accounting tips and training, subscribe to our channel and follow our blog. More helpful links and information are in the description below. You can also visit us at patriotsoftware.com and sign up for a free 30-day trial of our fast, easy and affordable accounting software.
Views: 16779 Patriot Software
Small Business Accounting Tips and Tricks -- Live Show With Jared Eliseo CPA
 
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In this video Jared Eliseo , a licensed CPA, answers your questions about basic accounting for small business. We cover a variety of topics including accounting for entrepreneurs, basic accounting for small business, bookkeeping for entrepreneurs, taxes for entrepreneurs, tax savings for entrepreneurs ,inventory for entrepreneurs ,tax tips for entrepreneurs, inventory for taxes as well as cogs for entrepreneurs. We discuss when to hire an accountant for small business and tax planning for small business. Finally we discuss small business record keeping process, accounting tips for small business, bookkeeping as well as record keeping for small business in general Jared's email [email protected] website eliseocpa.com The Links listed below are affiliate links. They are items that I use in my business and/or highly recommend. If you purchase these items I receive a small commission. Thanks. OUR EQUIPMENT We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. Poly Mailers http://amzn.to/2nmUvez Accutec Scale http://amzn.to/2oiYAW1 Dymo LabelWriter 450 Turbo http://amzn.to/2nmP27m Blue Snowball Microphone http://amzn.to/2oiZuBM Brother Printer http://amzn.to/2nSvE64 Cowboy Studio Light Kit http://amzn.to/2oj016V Limo Studio Umbrella Light Kit http://amzn.to/2ra4aIm SHOE CLEANING SUPPLIES Folex Spot Remover http://amzn.to/2roQIkF Leather Honey http://amzn.to/2qcJfEF Dr Martens Wonder Balsam http://amzn.to/2pGpfsH SongMics Shoe Rack 10 Shelves http://amzn.to/2qASXDA Angelus Easy Cleaner http://amzn.to/2pGCslt FUEL Rx Bars Sea Salt http://amzn.to/2nAuUDF WORLD FAMOUS PROF SALES SPREADSHEET (Track your Ebay/Amazon results plus your Inventory) https://gumroad.com/l/Ngqs OFFICIAL PROF MATH T-SHIRT (All other links and/or websites with this shirt are NOT from the creator of this channel) http://amzn.to/2pCbETR Steve Raiken E BOOK Deal. 3 Books for one great price! (101 Killer Clothing Brands, 102 Killer Clothing Brands, Blazing Profits) https://gumroad.com/a/248591475 TubeBuddy (Great service useful for tracking your channel's performance, building thumbnails and other content and more) (Affiliate link which pays a small commission to this channel's owner if you purchase) https://www.tubebuddy.com/ProfSales SOCIAL MEDIA [email protected] https://www.facebook.com/ProfSalesPage/ https://www.instagram.com/profsales/ https://twitter.com/prof5ales https://www.youtube.com/c/profsales
Views: 5898 Prof Sales
Pay Less Taxes: Tax Tips for Side Hustlers and Small Business Owners
 
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http://www.sidehustlenation.com/pay-less-taxes-your-tax-questions-answered/ Josh Bauerle is the CPA on fire at cpaonfire.com. Josh specializes in tax preparation, tax planning, bookkeeping, and general consulting services to take the accounting side of your business to the next level. Just 30 minutes with Josh about a month ago saved me thousands of dollars, so you owe it to yourself to listen to this episode and see if you can put some money back in your pocket too. In this episode, Josh goes into detail about the tax implications with each type of business entity you can form, as well as how you can potentially save thousands of dollars by registering as an S-Corp. Josh also covers which expenses are deductible to your business, how to include health insurance as a tax-deductible, and how you can reduce your tax bill by investing more into retirement accounts. He also spends some time explaining the often confusing issue of how much sales tax FBA sellers should be paying and under which state tax laws, as well as recommending a service to automate the process. Tune in as Josh answers several questions from the Side Hustle Nation community and shares some of his best tax saving tips and advice. This isn’t another one of those dry conversations around tax, it’s packed with actionable tips and advice to help you put more money back into your pocket. Grammar police: I understand it should either be “pay less tax” or “pay fewer taxes” … but sometimes search popularity trumps grammar :) For the full notes, links, and to download the free PDF highlight reel from this episode, please visit: http://www.sidehustlenation.com/pay-less-taxes-your-tax-questions-answered/ -Video Upload powered by https://www.TunesToTube.com
Views: 16931 Nick Loper
Accounting-for-Small-Business-Owners
 
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http://www.bdc-canada.com/sbw/SeminarSecond.html Hate accounting? You won't after this seminar. Learn important and proven ways to grow your business. Understand how to report revenues, expenses and income and how to reduce your personal taxes. We'll show you the basics of bookkeeping and how it helps you manage your business and avoid costly mistakes or penalties.
Views: 5817 BusinessDevCentre
Basic Accounting - Starting Your Own Business -  Series by Don Bailey
 
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Don Bailey gives advise on an easy way to know your financial status on a daily basis. Subscribe and Share for our latest How To video's.
Views: 45456 SuburbanTool Inc
How do i keep good accounting records? UK tax advice for Business Owners
 
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http://www.incauk.biz/ Hi, I'm Graham from Inca Chartered Accountants. And in this video I'm going to talk about record keeping. Record keeping is all about paperwork. If we haven't got the right paperwork then there is little we can do. So the important thing is keep all those receipts, the things you have spent your money on and are going to want tax relief on. Keep emails for things you have bought over the internet. Keep your supplier invoices. Make sure you keep invoices you send to your customers. Keep your bank statements, and if you want to minimise your Accountant fees don't stick it all in a shoebox and give it to us on the 30th January. We really won't thank you for it. So having got all the paperwork together, how do you start to record it. Well, we don't mind and funnily enough neither does the Government. You can write it all down in a book. You can pop it into a spreadsheet or you can use an accountant package. It doesn't matter. Lots of our clients use spreadsheets. One thing you might find beneficial is segmenting your paperwork by month. Buy yourself a ring binder file and keep all your receipts for the month in one tab and then move onto the next one. Keep your bank statements in the same one or with invoices in a separate file. Just a way of organising your paperwork you might find useful. Software, now that's an interesting one, as your business grows some accounting software you might find quite useful. As to the packages, there are loads out on the market place. Find one that's most suited to you, your style and the way you operate your business. Accounting packages save you time by automating various functions, raising yours sales invoices, they can allow you to get reporting on the performance of your business. In the next video I'm going to talk about when you pay your taxes.
Views: 12819 oxfordaccountant
4 Reasons Your Small Business Needs a CPA
 
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Learn why hiring a CPA for your small business is the right choice for your business' growth and stability. For more information about our business accounting services, visit: https://www.chandlerknowlescpa.com/services/business-accounting/ Find accounting tips here: https://www.chandlerknowlescpa.com/blog/ Video Transcript: As a small business owner, you probably thrive in a DIY environment. But the more hats you wear, the less you'll accomplish successfully. Accounting is one of the most important areas for keeping your company profitable. As you start out and your company grows, software can only take you so far. Accountants can help your company move forward. There are inevitable questions that come up during the year, and you need to have a relationship with someone who knows your business and can offer advice when you have questions. 1. Your business is in the startup phase There are many things to think about when you're just starting out. Business structure, business plan, bank accounts, government regulations, location, and financing. You might think it's too early to hire an accountant, but the way you set up your operations can have a serious impact on your future success. An accountant can help you determine the most appropriate business structure, analyze your business plan for financial compatibility, and assist you with making sound financial decisions throughout the startup process so you don't have to spend more money to correct mistakes later. 2. Your business has employees In the first few years of operation, you might not feel you have enough work for an accountant. The truth, though, is that an accountant will have the specialized knowledge to make your money work for you, even though you don't have a huge workforce. The accountant can help ensure employees and independent contractors are classified correctly, oversee payroll and payment processes, and create appropriate timelines for sending W2s and 1099 forms. 3. Your lender requests a financial statement The Small Business Administration reports that small businesses borrowed over 6 billion dollars last year. At some point, your business will probably need additional funding, whether it's for expansion, new equipment, purchasing property, or even establishing an emergency fund. Before you approach a lender, having an accountant prepare a financial statement can increase your chances of getting approved. 4. Your budget is falling short According to the Bureau of Labor Statistics, about half of all businesses will fail within 5 years of opening. Although there are many factors related to failure, not meeting budget goals can decrease the chances of your business' survival. Having an accountant on hand to analyze your budget, assist in making changes, and catch errors will help you make sure your budget is on target for success. Questions to ask yourself before hiring an accountant: -Does your business planning match your financial forecast? -Have you read the tax code? -Do you have enough time to take care of all the accounting duties yourself? Are you sure your employees are classified correctly? -Do you know what needs to be in a financial statement? And, -Is your budget working for you? If you answered "no" to any of these questions, you can benefit from hiring an accountant. Why you should hire Chandler & Knowles CPAs For a business, an accountant is an invaluable asset that helps not only with balancing books and tax returns, but with long-term tax planning, business planning, marketing, and other aspects vital to your business' financial health. At Chandler & Knowles CPAs, we serve our clients with an integrated approach to taxes, not only providing rear-view tax preparation, but forward-thinking tax and financial planning. Your financial success is our goal, and we provide the necessary experience, knowledge, and tools to increase your business' opportunity for success. Contact us today to make your life less taxing. ChandlerknowlesCPA.com, 817-430-3000. Want to know what else Chandler & Knowles can do to make small business ownership less taxing? Visit the Chandler & Knowles CPAs YouTube channel and subscribe: https://www.youtube.com/channel/UCkcihJHUoCdk3ZxU7XQ56XQ
How to set up the accounting books for your small business
 
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For more on business finance and how to set up the accounting books for a small business, visit: http://www.emilychasesmith.com Take my full course on how to start a business: https://www.udemy.com/how-to-start-a-business-go-from-business-idea-to-a-business/?couponCode=ten_youtube For my business apps, books and courses, check out: http://www.problemio.com In this tutorial, Emily explains how to set up the initial accounting and the business books for a new business. I asked Emily about a business which maybe doesn't have too many revenue streams. Does even a small business like that need to set up their accounting books? Emily suggested that even if you have a very small revenue stream, or just one revenue stream, you should still focus on your accounting and business books because you must get organized early on, and focusing on your business books might help you identify parts of your business that could be better. What is a non compete agreement: https://www.youtube.com/watch?v=ljIAdWeoOqA What is the difference between LLC and S Corp https://www.youtube.com/watch?v=S0IeyPyMWGw What is an EIN number: https://www.youtube.com/watch?v=eTwtTugsIJE Doing business as self: https://www.youtube.com/watch?v=R91f60Klgzw Difference between patent, copyright and trademark https://www.youtube.com/watch?v=Vov9JeX-WF8 How to protect business ideas with NDA https://www.youtube.com/watch?v=3LQtO7q8xug How to protect intellectual property: https://www.youtube.com/watch?v=L7VCeqlNT3c Registering your business with the secretary of state office: https://www.youtube.com/watch?v=Ofh07k-mD64 How to find what licenses and permits are needed to open a business: https://www.youtube.com/watch?v=-6Lkeuqx-v8 What is double taxation and how to avoid it: https://www.youtube.com/watch?v=bl6o6LMtYyY Comparison of small business accounting software like Quickbooks https://www.youtube.com/watch?v=NZfWvrefuhE How to incorporate a new business: https://www.youtube.com/watch?v=qbb6SM1XNMo Difference between a nonprofit and a for profit: https://www.youtube.com/watch?v=fhv54GvoBZI What are website terms of service, and what they should say: https://www.youtube.com/watch?v=Q0gqSRNBBqM Should I get business liability insurance: https://www.youtube.com/watch?v=T91YJ90i2yM Can you represent yourself in court? https://www.youtube.com/watch?v=axZiyEdz5o4 What is a cease and desist letter? https://www.youtube.com/watch?v=jU80o5inidE What is a corporation? https://www.youtube.com/watch?v=Dux4PSWZNqc What is a charity type of nonprofit: https://www.youtube.com/watch?v=Ift3PNDQdAw
How to do Bookkeeping for Small Businesses #fblive
 
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Need access to the worksheet? Get it within the blog post here: https://www.thehandmademastermind.com/post/how-to-do-bookkeeping-for-small-businesses ------------------------------------------------ GOODIES FOR YOU: ------------------------------------------------ Free 14 day trial of Marmalead: * http://bit.ly/thmmarmalead Try out Trello - my project management tool: http://bit.ly/thmtrello Where I buy my stock photos from: * http://bit.ly/thmstockphotos Shopify FREE 14 day trial: * http://bit.ly/thmshopify ------------------------------------------------ JOIN MY FACEBOOK GROUP FOR HANDMADE ENTREPRENEURS: ------------------------------------------------ http://bit.ly/thmfacebookgroup ------------------------------------------------ NEED HELP SELLING ONLINE? CHECK OUT MY COURSES: ------------------------------------------------ http://bit.ly/thmcourses ------------------------------------------------ FOLLOW AND LIKE ME ON: ------------------------------------------------ FB: http://bit.ly/thmfacebookpage Instagram: http://bit.ly/thminsta Twitter: http://bit.ly/thmtweets Pinterest: http://bit.ly/thmpinterest 🌟 Links above marked with a "*" are affiliate links - which means I receive a small percentage of the revenue made from purchasing products through this link. This does not cost you anything additional, just helps support me and my efforts to bring you quality content by using these links. Thanks! https://www.thehandmademastermind.com
Views: 10096 Dalia Abdalla
How To Manage Small Business Finances for Online Boutique - No Hassle Accounting
 
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How To Manage Small Business Finances, Bookkeeping for small business, Cashflow financial management for small businesses, No Hassle Accounting Bookkeeping Spreadsheet, Bookkeeping for online boutique,online boutique cashflow. In this video I will be showing you how to manage small business finances and Bookkeeping for small business SUBSCRIBE FOR EARLY-BIRD FREE ACCESS TO MY BOOK AT http://www.the21dayboss.com ----------------------------------------------------------- Get the No Hassle Accounting Program at http://www.nohassleaccounting.com Start Your Online Business at - http://www.optin.incomereap.com Join my FREE 5 Day Training course on How to Start an Online Boutique at - http://www.runboutique.com ------------------------------------------------------------ CONNECT WITH ME ON; Facebook: https://www.facebook.com/startupreine Twitter: https://twitter.com/startupreine Instagram https://www.instagram.com/startupreine/ Website: http://www.startupreine.com Email: [email protected]
Views: 3484 Startup Reine
How to use Microsoft Excel for small business accounting.
 
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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!! For 1 on 1 coaching Pricing & Availability Email me: Rockstarflipper @Gmail.com JOIN THE FREE FACEBOOK RESELLER GROUP- (questions answered 24/7 from members) https://www.facebook.com/groups/689595301181796/ VIP (paid) Facebook Group- https://www.facebook.com/groups/263997070772761/ *Ebay/Amazon Equipment Photo Lighting Kit- http://amzn.to/2mEdSQq Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Photo Background- http://amzn.to/2xCBnBD Shipping Tape Gun- http://amzn.to/2s7rc6f Poly Mailers - http://amzn.to/2iVae2t Bubble Mailers - http://amzn.to/2iVcUgt Thermal Printer- http://amzn.to/2mqkhST Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Video Game Cleaner- http://amzn.to/2jD08Iy *Youtube Equipment: Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter- http://amzn.to/2tKN6NU Logitech Webcam - http://amzn.to/2iZcLc7 Canon G7X II Vlog Camera- http://amzn.to/2ujOgwH Memory Card- http://amzn.to/2xBPDdD Flexi Tripod- http://amzn.to/2xBmuiL Back Up battery canon G7X- http://amzn.to/2wQ1cPG MacBook Pro- http://amzn.to/2xCaUEn (Disclosure, these are amazon affiliate links & I do get paid a small commission if you purchase using them) *My EBAY STORE- https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338069183&mpre=http%3A%2F%2Fstores.ebay.com%2FTheElectronixZone1 *Our personal Vlog Adventure channel- https://www.youtube.com/channel/UCYDfKwFzkHmnTfkHe_G8QcA *FOLLOW ME ON SOCIAL MEDIA: Facebook.com/Rockstarflipper Instagram.com/Rockstarflipper Twitter.com/Rockstarflipper
Views: 56284 RockstarFlipper
Top 5 Best Business Accounting Apps For Small Business in 2018 That Your Conscious Would Agree With
 
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Top 5 Best Business Accounting Apps For Small Business Owners in 2018 That Your Conscious Would Agree With! ★ S-CORP ONLINE COURSE NOW AVAILABLE (CLICK☞): https://bootcamp.advisorfi.com/p/s-corporation-bootcamp Business ownership is adventurous, rewarding, and completely confusing. Sure you can come up with the next business idea and change the world with a single event, but how do you organize and run the business side of that idea? Should you set up an LLC and how should it be taxed? Are you prepared to streamline this new business venture and idea? What information should you consider in your business that's meaningful, and when do you implement it? Where do you go to find the best tools possible for your business? How do you save money on taxes? Where do you set up your new company? What technology should you use to make running your business easier? These aren't the things that we learn in school, and chances are you don't have time for trial and error. You're here to make money doing what you love, and I'm here to make that easier for you and absolutely practical. ★ S-CORP ONLINE COURSE NOW AVAILABLE (CLICK☞): https://bootcamp.advisorfi.com/p/s-corporation-bootcamp In this Bootcamp for Converting to S-Corp (Form 2553), you will walk away with knowledge such as; How do you to properly start your business, ~ Why you should consider S-corporation (Form 2553) for your business venture, ~ How do you properly complete S-Corporation (Form 2553) correctly when you are NOT late in electing, ~ How do you properly complete S-Corporation (Form 2553) correctly when you ARE late in electing, ~ What are the IRS S-corporation expectations and requirement for your S-Corporation (Form 2553), ~ What are the best 2018+ tax reform business savings for my S-Corporation (Form 2553), ~ What are the best business and accounting apps to use to make running a business easier and are there exclusive offers for them through AdvisorFi.com, and much more! ★ S-CORP ONLINE COURSE NOW AVAILABLE (CLICK☞): https://bootcamp.advisorfi.com/p/s-corporation-bootcamp By the end of this S-Corp Bootcamp, your business venture will be in tip-top shape to make your dreams and tax savings become reality. You'll have a complete plan for how to set up your business venture correctly that saves you money and time, and rolling out the best technology that will make business ownership as an S-Corporation a breeze! This online course is the first of it's kind and is the beginning of a series of educational online products to be created by Will Lopez, Founder of AdvisorFi. Needless to say, we are excited to show you how successful business ownership is really done. :) ★ S-CORP ONLINE COURSE NOW AVAILABLE (CLICK☞): https://bootcamp.advisorfi.com/p/s-corporation-bootcamp TOP 5 BUSINESS APPS =========== Gusto Payroll (CLICK☞): https://gusto.com/r/uBiOb =========== AdvisorFi Team (CLICK☞): http://advisorfi.com/#pricingPlans =========== Xero Accounting (CLICK☞): https://www.xero.com/us/signup/ =========== Expensify (CLICK☞): https://use.expensify.com/ =========== MileIQ (CLICK☞): https://www.mileiq.com/howitworks =========== OTHER AWESOME LINKS =========== FREE Consultations (CLICK☞): http://meetme.so/freebie =========== Subscribe (CLICK☞): https://goo.gl/o8hRuk =========== Best Playlist (CLICK☞): https://goo.gl/Kvb41h =========== ★ Please LIKE Comment & SUBSCRIBE: https://goo.gl/o8hRuk ★ Thanks for watching http://AdvisorFi.com ★ Music from YouTube: https://www.youtube.com/audiolibrary/music Top 5 Best Business Accounting Apps For Small Business Owners in 2018 That Your Conscious Would Agree With! #Accounting #Business #Taxes
Views: 2755 advisorfi.com
Simplify Your Accounting | 3 Accounting tips for Business Owners
 
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http://www.widgetcpa.com Are you a small business owner looking to simplify your accounting? Here are 3 accounting tips for business owners large and small. On today's Tuesday's Tidbits we'll discuss the three things that can have you spending less time on your accounting and more time on your business. And remember at Widget Bookkeeping and Tax we are always here to help. Give us a call today or leave your comments below, and please subscribe to us above and share us on Facebook below. Script: Welcome to another edition of Tuesday's Tidbits where we make tax and accounting simple. I'm your host Charles D. Shapero, CPA with Widget Bookkeeping & Tax, and today I want to you talk to you about simplifying your accounting system. What I recommend to all my clients is that we do business out of one bank account and that we have one credit card set aside for business only use. I further recommend that we never pay cash for expenses Those three items taken together allow whoever's doing your accounting and your tax work to look in two places for all of your business expenses your bank account or your credit card. Because we never pay in any expenses in cash We don't have to worry about tracking cash, or worrying about that a cash receipt is going to get lost. destroyed, it's gonna fade. Have you ever had a thermal receipt turn totally black? That proves nothing about where that expense went. So if we never pay cash for expenses, we use once bank account and one credit card, nothing can fall through our accounting system cracks. Everything is accounted for, except for one thing, your auto mileage. For that we recommend that you keep an auto mileage log, in a later Tuesday Tidbits we will talk about how to account for auto expenses. I'd also recommend using online bill pay, automatic payments and quickbooks whenever possible, once you start training QuickBooks and you link it up to your bank account, and your credit cards, you can download that activity directly into QuickBooks All of these tips saves the business owner time so they can spend less time doing their accounting and more time running their business and bringing in profits. This concludes today's tidbit, thank you very much, see you next Tuesday! Widget Bookkeeping and Tax Know More, Keep More
Views: 598 WidgetCPA
Owner's Draw for Small Businesses in the Xero Cloud: Accounting Clarity for Entrepreneurs Series #5
 
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This is tutorial #5 in the Kahuna Accounting Accounting Clarity for Entrepreneurs (ACE) Series. In this lesson we look at how to find your owner's draw in Xero Cloud Accounting Software and why it's important. Transcribed below: Hello, welcome to another edition of Accounting Clarity for Entrepreneurs. Today we’re going to find out how to find your owner’s draw and what that means. This has been prepared by one of our senior accountants here at Kahuna Accounting – Ryan Oltman. Let’s get right into it. First, let’s start here; what is owner’s draw? Owner’s Draw is cash taken directly from the business for personal use by the owner. As a business owner, it’s important to have a handle on this because this number directly effects the bottom line of the business. It directly effects the amount of capital that you have in the business, so you want to have a good handle on it. So now that we know what it is, how do we find it? First, you’re going to find your balance sheet. The balance sheet is where this is located. If you’re in Xero (cloud accounting software), you can just head to reports. On the dropdown (menu), you will see the balance sheet. Open the balance sheet to find your owner’s draw. Now we can see our balance sheet, and once we do that, you want to look at the bottom under “equity,” and you will find your owner’s draw. The reason why owner’s draw is located in the equity section is because the business owner is taking cash out of the business, and that is a direct reduction in the owner’s capital in the company. Another important thing to realize is that because when you’re looking at a balance sheet you’re looking at something accumulative. You’re looking at, like we said in another edition of ACE, a snapshot of everything that’s going on in the company. If you want to know what happened with your owner’s draw in a specific period of time, you’re going to want to drill in one step further. In Xero, you can click on owner’s draw to learn a little bit more about what is going on. Once you do that (click on “owner’s draw”), it will take you to the screen that explains what’s going on in the owner’s draw account. When you see it here, one thing to notice is that at the top there is an opening balance of $1,500.00. What we did in this report is isolated from January 1st to January 31st of 2016. The opening balance is everything prior to that. Once you get past the opening balance, you’re going to see all of the activity since then. We are able to see that the actual amount taken out for owner’s draw in January of 2016 is 4,530.50. Note: In this example, our total draw is $6030.50 in Jan 2016. However $1,500.00 was from previous months, the actual amount taken out in Jan 2016 is $4,530.50 which is the total in the column. Opening balance (1,500.00) plus activity over the time period (column total) equals the closing balance. Why does this matter? This directly effects your bottom line, so you absolutely want to know why. You want to be certain that the money is going to where it needs to go. The other important thing to realize is that sometimes items that are questionably related to the business, like expenses at Walgreens; a lot of times your bookkeeper or accountant will make that an owner’s draw because it seems personal. There’s a chance that it is actually a business expense. You want to know if you have owner’s draw coming out and what it’s for. Owner’s draw isn’t just money taken out from your account, but expenses that you have that are personal expenses – those go to owner’s draw. You always want to take a look and make sure that your owner’s draw is truly owner’s draw because it really effects the business. That’s owner’s draw, and that’s a big piece of running your business – having a handle on things like that. If you’re interested in getting in a system like Xero, please head to KahunaAccounting.com and we can see if it makes sense to work together.
Views: 2291 Kahuna Accounting
15 Essential Apps/Tools for Small Business Owners
 
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Running a business in this 21st century involves wearing a lot of hats, courage and tenacity. From marketing your small business to managing your time, accounting and payments, to organizing your schedule and increasing general productivity, entrepreneurs need to stay on their toes, and must be constantly connected in order to interact and provide satisfactory services to their customers. If you’re looking to increase productivity and organization within your small business, there are tons of business-oriented platforms, services and tools that will make your life as an entrepreneur a little easier. To save you the hassle of tedious searching, I’ve compiled my favorite most essential 15 apps/tools you need to solve the kinds of problems that entrepreneurs face daily. APPS I MENTIONED 1. Bluehost 2. Dropbox 3. Canva 4. Fiverr 5. Asana 6. Google 7. Slack 8. Xender 9. Mailchimp 10. Quickbook 11. Linkedin 12. Calen 13. Signeasy 14. Spotify/shazam 15. momentum Have you subscribed? Please do!
Views: 3431 Sharon Ojong
Understanding small business accounting | Small business | lynda.com
 
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Don't let accounting be a blind spot for your small business. Learn about the importance of accounting for small businesses in this tutorial. Watch the follow-up movies at http://www.lynda.com/Business-Business-Skills-tutorials/Small-Business-Secrets/156584-2.html?utm_campaign=tKCH0do4XMA&utm_medium=social&utm_source=youtube-earned. This specific tutorial is from the Small Business Secrets series presented by lynda.com author Dave Crenshaw. This series covers small business topics such as getting started, writing a business plan, determining your most valuable product or service, hiring people, managing processes, documenting systems, bootstrapping, seeking funding, accounting, controlling costs and profit margins, marketing, creating culture, and more.
Views: 8685 LinkedIn Learning
Small Business Accounting and Tax Tips
 
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Accounting and taxes can be a scary thing for many small business owners. Knowing what you can take off on your taxes and how to keep track of expenditures can be confusing. So in this video Lany Sullivan talks with Danetha Doe about how you can organize all those accounting task and make tax time easier to face. Even if you have an accountant, you will hear some tips on how to make things easier on them, which may save you money in the long run! Time stamps - 0:31 Why business owners should not wait until the end of the year to have their bookkeeping in order. Many small business owners may underestimate their business expenditures & that mean you may be paying more in taxes than you should. Do not miss out on those tax write off for your business! 1:38 How can a business make sure they are not over paying on their taxes? Keep your accounting up to date all year and don't wait or you may get overwhelmed or forget things. 2:21 Is there one set tax plan that all businesses should follow? There are times you may not want to take all the write offs for your business, so your paperwork shows you made more money. (Sounds crazy, but I get it). 3:57 What accounting program should you use to keep track of all your finances? 5:09 How do you decide which accounting platform is best for your business? Why you may want to look for an online accounting system rather than just a desktop system. (Think mobile tie in with your banking) 6:15 If you haven't kept up on your bookkeeping all year, where do you start so you can get caught up? 8:03 What is a good plan to start the new year, so next year at tax time, all our books are in order? 9:14 What can we legally write off on our business taxes? For a checklist of what can be written off as a business expense, visit http://irs.gov Can a business write off lunches with clients and how do we prove it was a business lunch? 10:32 What if our business is audited by the IRS? 11:23 When working with a tax accountant what do I need to do to help them do their best work for my business? 13:00 If we get a letter from the local government or the IRS, how should we handle it? (Pretty sure that running to the boarder will no be the right answer). 14:39 Where can a small business get free tax help? Public Library has Free Tax Support! Watch the Free webinar replay with Danetha with more great accounting tips and resources - http://www.danethadoe.com/freeresources/ RCUWomen Forum - http://rcuwomen.com/forum Lany Sullivan - http://lanysullivan.com
Accounting Sux Small Business Accounting Software Demonstration
 
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http://www.accountingsux.com/ Accounting Sux is an easy accounting program for small business owners who think that accounting sucks or need to keep good business records even when they don't know anything about accounting. You simply record the money that you receive and the money that you spend in the relevant columns which means that you don't need to know anything about accounting! Plus it has all of the reports you need to run your business and prepare your taxes. Accounting Sux also comes with 12 months free support, a full video training library and 3 months full money back guarantee. http://youtu.be/tW8GVET12MQ
Views: 3623 accountingsoftwareus
"Accountant Fees For Small Business" CPA Firm With Reasonable Accountant Fees For Small Businesses!
 
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Click here: http://www.taxproblem.org/free-irs-advice/ Need accountant for small business? We have experienced accountants at reasonable fees. Get valuable free IRS and tax information on our site! Or call Joe Mastriano CPA at 713-774-4467 for professional IRS representation and tax problem solutions. END What would the approximate "normal" fee be for a CPA's services to file your first S-Corp tax return? Ours should be fairly simple this year. Help! Accountants fees. Business Forums We all know businesses are not a bottomless pit, especially small ones where cash flow is tight and a good accountant should work in the best Accountant fees for small business Accounting fees nearly choked on my coffee! Small business Hi everyone, Wow so I just called an accountant whom I was referred to, to make an appointment to chat about my business etc. Well I nearly Cost of an Accountant Get Prices and Information Bay Area business that's for sale for less than $1 million, an accountant's fees for a "due diligence" evaluation Accountancy Fees? Tweet Just wondering what the small business/sole trader accountancy fees have been for people on average this year startup accountant fee reasonable? Startups Small Business SEO Specialist from just £89 per month! What level of fee's should we expect to pay an Accountant for reviewing and Try to get a recommendation from a friend or other small business owners in your Keeping Accounting Costs Down Small Business Notes Ways in which you can reduce the cost of an accountant. Managing Your Business; Marketing Your Business; Small Business Resources; Starting a Business If you want to give your small or home business the best chance for success, then you should consider paying for the advice and assistance of Accountants Fees for looking over Small Business Would like to buy a small business but will need an accountant to check the books anyone got any idea what I should be paying for this service. Antelope Valley, Big Sur, Cascade Range, Central California, Central Coast, Central Valley, Channel Islands, Coachella Valley, Conejo Valley, Cucamonga Valley, Death Valley, East Bay (SF), East County (SD), San Fernando Valley, San Francisco Bay Area, San Gabriel Valley, San Joaquin Valley, Santa Clara Valley, Alameda, Alpine, Amador, Butte, Calaveras, Colusa, Contra Costa, Del Norte, El Dorado, Fresno, Glenn, Humboldt,Sierra, Siskiyou, Solano, Sonoma, Stanislaus, Sutter, Tehama, Trinity, Tulare, Tuolumne, Ventura, Yolo, Yuba,Sacramento, San Benito, San Bernardino, San Diego, San Francisco, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara, Santa Clara, Santa Cruz, Shasta,Kings, Lake, Lassen, Los Angeles, Madera, Marin, Mariposa, Mendocino, Merced, Modoc, Mono, Monterey, Napa, Nevada, Orange, Placer, Plumas, Riverside, Southern Border Region, Tri-Valley, Upstate California, Victor Valley, Wine Country, Yosemite,, San Diego--Carlsbad--San ,Birmingham, Huntsville, Mobile, Montgomery, Tuscaloosa, Hoover, Dothan, Decatur, Auburn, Gadsden, Anchorage, San Jose, San Mateo, Santa Ana, Santa Barbara, Santa Clara, Santa Clarita, Santa Rosa, Simi Valley, South Gatev, Stocktonv , Sunnyvale, Thousand , Arvada, Aurora, Boulder, Centennial, Colorado Springs, Denver, Fort Collins, Lakewood, Pueblo, Thornton, Westminster, Lincoln, Omaha, Bellevue, Grand Island, Kearney, Fremont, Hastings, North Platte, Norfolk,Eugene, Gresham, Portland, Salem, Beaverton, Hillsboro, Medford, Springfield, Bend, Corvallis,Huntsville, Hurst, Ingleside, Irving, Jacinto City, Jacksonville, Katy, Keller, Kerrville, Kilgore, Killeen, Kingsville, La Marque, La Porte,Bellevue, Seattle, Spokane,Milwaukee, Eau Claire,Casper, Evanston, Rock Springs, Sheridan,Dallas, Deer Park, Del Rio, Denison, Denton, Desoto, Dickinson, Donna, Dumas, Duncanville, Eagle Pass,San Antonio, San Benito, San Juan
Views: 2471 IRSCPAHelp
The 8 Best Tax Write Offs for Small Businesses in Canada
 
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If you are a small business owner in Canada, you may want to recognize the various tax deductions that will help save you money. In this video, the 8 best tax write-offs tips will be discussed. 0:27 – 1. Home-Office Expenses 1:00 – 2. Vehicle Expenses 2:08 – 3. Accounting and Legal Fees 2:23 – 4. Office Rent 2:39 – 5. Advertising 3:40 – 6. Meals and Entertainment 4:16 – 7. Insurance 4:36 – 8. Capital Assets Visit our website for more information and tax-related advice: http://madanca.com Follow us on social media Twitter: https://twitter.com/Madan_CA Facebook: https://www.facebook.com/MadanCharteredAccountant/ Instagram: https://www.instagram.com/madanaccounting/ Google+: https://plus.google.com/108551869453511666601/posts Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video. Music: Perspectives by Incompetech Animation: Created with GoAnimate
Views: 25153 Allan Madan
Valuable Accounting Lessons for Small Business Owners
 
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You probably started your small business because you had a passion for delivering goods or services to customers, and for being your own boss. Along the way, you probably did a good bit of research and heeded warnings from others pursuing the American Dream that running a small business is no simple task. Between retaining customers, dealing with taxes and laws and everything else, it can be difficult to keep up with everything you need to be doing.
Views: 112 Company.com
Accountant Ready Books- We Rescue Small Business Owners
 
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We rescue Small Business Owners from the stress and struggle resolving many pain points around their Admin, Bookkeeping, BAS, Payroll and Xero implementation. Have confidence in knowing that your financial records are secure and Accountant Ready.
Views: 65 Maureen Millar
Outright Accounting for Small Business Owners
 
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Outright is a free, easy online bookkeeping solution for small business owners who want to spend less time on tedious bookkeeping tasks and more time running there business. Does that sound like you? http://outright.com
Views: 80729 Outright
Accounting Principles with Microsoft Dynamics 365 Business Central
 
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This is the first video of our "Tools Your Business Can't Live Without: The Only Accounting Guide You'll Need" series dedicated to small business owners. This video will teach you the basic accounting principles that any business owner needs to get started. Click on the link below to register for the next upcoming webinar of this accounting series for small business. The second webinar will be hosted on May 24, 2018 at 12:00PM EST - 12:30PM EST. Visit:https://attendee.gotowebinar.com/register/8555183817922453762?source=YT_Video
Views: 111 WebSanSolutionsInc
Using Quickbooks Online for a small business. Accounting Made Easy for Ebay & Amazon Sellers
 
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Thanks for checking out my channel. Make sure to subscribe to the channel and like this video!! Thanks for all the support Thanks for checking out my channel. Make sure to subscribe!! Ebay/Amazon Equipment Photo Lighting Kit- http://amzn.to/2mEdSQq Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Photo Background- http://amzn.to/2xCBnBD Shipping Tape Gun- http://amzn.to/2s7rc6f Poly Mailers - http://amzn.to/2iVae2t Bubble Mailers - http://amzn.to/2iVcUgt Thermal Printer- http://amzn.to/2mqkhST Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Video Game Cleaner- http://amzn.to/2jD08Iy Youtube Equipment: Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter- http://amzn.to/2tKN6NU Logitech Webcam - http://amzn.to/2iZcLc7 Canon G7X II Vlog Camera- http://amzn.to/2ujOgwH Memory Card- http://amzn.to/2xBPDdD Flexi Tripod- http://amzn.to/2xBmuiL Back Up battery canon G7X- http://amzn.to/2wQ1cPG MacBook Pro- http://amzn.to/2xCaUEn (Disclosure, these are amazon affiliate links & I do get paid a small commission if you purchase using them) My EBAY STORE- https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338069183&mpre=http%3A%2F%2Fstores.ebay.com%2FTheElectronixZone1 For 1 on 1 coaching Pricing & Availability Email me: Rockstarflipper @Gmail.com JOIN THE FREE FACEBOOK RESELLER GROUP- (questions answered 24/7 from members) https://www.facebook.com/groups/689595301181796/ VIP (paid) Facebook Group- https://www.facebook.com/groups/263997070772761/ Our personal Vlog Adventure channel- https://www.youtube.com/channel/UCYDfKwFzkHmnTfkHe_G8QcA FOLLOW ME ON SOCIAL MEDIA: Facebook.com/Rockstarflipper Instagram.com/Rockstarflipper Twitter.com/Rockstarflipper
Views: 69604 RockstarFlipper
Best Accounting Software in Excel for Small Business
 
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http://www.excel-way.com/ Excel-based Accounting Software for Small Business. Functional. Reliable. User-friendly. Download link: http://www.excel-way.com/accounting-tool/10-Excel-Based-Complete-Accounting-Tool.html 0:00 - 2:18 - Intro 2:19 - 5:08 - Purchase Ledger 5:09 - 7:45 - Sales Ledger 7:46 - 8:49 - Invoice Generator 8:50 - 10:54 - Cash Ledger 10:55 - 13:14 - Fixed Asset Ledger 13:15 - 14:36 - Payroll Ledger 14:37 - Balance Sheet and Income Statement With this tool we offer: - All the main ledgers (General, Sales, Purchase, Stock, Cash, Payroll, Fixed Asset, Other Operations) you need to perform complete accounting for your small business. - Convenient and user-friendly interface which every Excel user will instantly get used to. All Excel functionality is available. - Simple and flexible journal entry solution using command buttons and drop-down lists. - Direct connection between all the ledgers, Balance Sheet and Income Statement. - Integrated customizable Invoice Generator. - Data import from Payroll Calculator (http://www.excel-way.com/home/11-payroll-calculator-by-exway.html). - AP/AR analysis on a supplier/customer level. - Standard US GAAP chart of accounts (customizable). Link to the site where you can purchase other unique Excel based accounting and payroll software for your small business: www.excel-way.com
Views: 3912 EXWAY
7 Essential Accounting Tools for Small Business
 
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Accounting Training blog: https://www.patriotsoftware.com/accounting/training/blog/ Try our online accounting software: https://www.patriotsoftware.com/accounting/ Visit our homepage: https://www.patriotsoftware.com/ As a small business owner, what should you pack in your accounting toolbox? Try these seven essential accounting tools for small business to keep your small business in tip-top shape. -- Hi, I'm Tony, and I'm here at Patriot Software to share our accounting tools guide that might just help take the stress out of your small business accounting. Tool number 1: Basic Accounting Software No more lost receipts, or filing documents away after hours. Use cloud accounting software to track your expenses, income, liabilities, and assets from anyplace with internet access. Tool number 2: 1099 Software Use 1099 software if you want to print form 1099 for your vendors and independent contractors. Many 1099 software providers let you make online payments to your vendors and contractors and this will be an invaluable basic accounting tool for your company. Tool number 3: Invoicing Software Invoicing software provides a uniform template that makes it easy to create, send, and track your invoices. That equates to less paperwork and more peace of mind! Tool number 4: A Business Credit Card A business credit card is a great way to separate your business finances from your personal finances. This also gives you a way to automatically track your transactions, build credit for your business, and even earn extra rewards. You’ll want to read the terms of agreement carefully before committing to a business credit card. Tool Number 5: A Business Bank Account A business bank account also provides a barrier between personal and business finances. Your transactions are highly traceable, and a separate bank statement for your business is a great accounting tool for making tax season a lot easier. Tool Number 6: A Financial Calendar For real-time reminders of all your deadlines and meetings, organize your busy schedule with an online calendar. Tool Number 7: An Accountant Now that you’ve got your business data organized, you’ll want someone to make sense of the numbers. An accountant will help you build a financial strategy and determine the internal strengths and weaknesses of your operation. This is one of the most valuable basic accounting tools that you can access. Thanks for watching! For more accounting tips and training, you can subscribe to our channel below and follow our blog. You can also visit us at patriotsoftware.com and sign up for a free 30-day trial of our fast, easy and affordable accounting software.
Views: 1034 Patriot Software
Top 7 Accounting Myths for Small Business Owners
 
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Hi there! In this video Jared Eliseo , a CPA, goes over the Top 7 Accounting Myths. Many small business owners believe these myths and Jared gives us the reality behind small business accounting. There are a lot of accounting tips for entrepreneurs in this video as well as plenty of free accounting advice for small business owners. Hope you enjoy and check out Jared's website or send him an email Jared's Website https://www.eliseocpa.com Jared's Email [email protected] The Links listed below are affiliate links. They are items that I use in my business and/or highly recommend. If you purchase these items I receive a small commission. Thanks. OUR EQUIPMENT We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. Poly Mailers http://amzn.to/2nmUvez Accutec Scale http://amzn.to/2oiYAW1 Dymo LabelWriter 450 Turbo http://amzn.to/2nmP27m Blue Snowball Microphone http://amzn.to/2oiZuBM Brother Printer http://amzn.to/2nSvE64 Cowboy Studio Light Kit http://amzn.to/2oj016V Limo Studio Umbrella Light Kit http://amzn.to/2ra4aIm SHOE CLEANING SUPPLIES Leather Honey http://amzn.to/2qcJfEF Dr Martens Wonder Balsam http://amzn.to/2pGpfsH SongMimcs Shoe Rack 10 Shelves http://amzn.to/2qASXDA Angelus Easy Cleaner http://amzn.to/2pGCslt FUEL Rx Bars Sea Salt http://amzn.to/2nAuUDF WORLD FAMOUS PROF SALES SPREADSHEET (Track your Ebay/Amazon results plus your Inventory) https://gumroad.com/l/Ngqs OFFICIAL PROF MATH T-SHIRT (All other links and/or websites with this shirt are NOT from the creator of this channel) http://amzn.to/2pCbETR Steve Raiken E BOOK Deal. 3 Books for one great price! (101 Killer Clothing Brands, 102 Killer Clothing Brands, Blazing Profits) https://gumroad.com/a/248591475 TubeBuddy (Great service useful for tracking your channel's performance, building thumbnails and other content and more) (Affiliate link which pays a small commission to this channel's owner if you purchase) https://www.tubebuddy.com/ProfSales SOCIAL MEDIA https://www.facebook.com/ProfSalesPage/ https://www.instagram.com/profsales/ https://twitter.com/prof5ales https://www.youtube.com/c/profsales
Views: 1100 Prof Sales
10 Accounting Tips for Business Owners | Salellas Strategic Bookkeeping | Small Business Accounting
 
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10 Accounting Tips for Business Owners 1. Keep your receipts: Right from the beginning, you should establish a system for organizing receipts and other important records. This process can be simple and old school (bring on the FiloFax), or you can use a service like ShoeBoxed. For American store owners, the IRS doesn’t require you to keep receipts for expenses under $75.00, but it’s a good habit nonetheless. 2. Track your expenses: The foundation of solid business record keeping is learning to track your expenses effectively. It’s a crucial step that allows you to monitor the growth of your business, build financial statements, keep track of deductible expenses, prepare tax returns, and support what you report on your tax return. 3. Don’t mix business & personal transactions: Start by opening up a business checking account, and then any savings accounts that will help you organize funds and plan for taxes. For instance, set up a savings account and squirrel away a percentage of each payment as your self-employed tax withholding. Next you’ll want to consider a business credit card to start building business credit. Corporations and LLCs are required to use a separate credit card to avoid commingling personal and business assets. 4. Open a business bank account: After you’ve legally registered your business, you’ll need somewhere to stash your business income. Having a separate bank account keeps records distinct and will make life easier come tax time. Note that LLCs, partnerships, and corporations are legally required to have a separate bank account for business. Sole proprietors don’t legally need a separate account, but it’s definitely recommended. 5. Make sure to pay yourself: With Bookkeeping you will know better how much you can pay yourself. Very important. 6. Incorporate your business: Trying to avoid legal mumbo-jumbo. Deciding between an LLC and an S corporation or whether to be a sole proprietor or incorporate isn’t easy. However, these choices affect everything from the amount of taxes you pay to the investors you can solicit. Avoid this common small business mistake and be sure to trademark your business name and logo as well, or you could find someone else stealing the brand you worked hard to build. Self-help sites like RocketLawyer, Nolo.com and The Company Corporation can get you started; consult an attorney for more help. The more research you do on this subject, the better. 7. Delegate for efficiency: If you have accounting experience you can do this in an Excel spreadsheet, but most small business owners use accounting software, such as Quickbooks or Freshbooks, or they hire a bookkeeper. 8. Monitor your cash flow: Cash flow isn’t sexy, and who wants to look at Excel spreadsheets when they could be doing the fun stuff? Unfortunately, not paying attention can be one of the most serious mistakes you make, and you’ll inevitably discover that there’s more cash flowing out than in. There is no excuse for not staying on top of your small business finances when accounting programs like QuickBooks make it easy to generate at-a-glance snapshots of your business. Not managing cash flow properly is one of the most common small business mistakes–and also one of the most hurtful. 9. Focus on making money: Putting a bookkeeper on your books can free up your time so you can do what you know best: make money for the business. 10. Finish things: Eliminate things when possible, even business relationships if needed. This will remove spending time thinking about things and the potential outcomes than actually acting on them. Hire a bookkeeper. Free up your time. Grow your business. Www.salellasbookkeeping.com
1&1 Online Accounting: The simple solution for small businesses
 
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With 1&1 Online Accounting, small business owners can simplify their workday, making time for their core business. In no time you can create offers and invoices and send them directly via email. For better efficiency, you can easily scan, digitize, and automate your bookkeeping. More information about 1&1 Online Accounting can be found here: https://www.1and1.com/accounting-software
Views: 503 1&1 Internet, Inc.
Small Business Tax Tips – Tax Planning Strategies for Canadian Small Business
 
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Small Business Tax Tips – Tax Planning Strategies for Canadian Small Business (Video 2 of 3) SPRING 2016 PROMOTION - ONLY $39 USD ON UDEMY UNTIL April 30, 2016. Take the full Small Business Blueprint on Udemy for only $39. Just click on this coupon link: https://www.udemy.com/small-business-blueprint/?couponCode=youtube_39promo In this video training tutorial I cover some of the tax planning strategies available to small business owners in Canada. I go over the opportunities available to split income with spouses and family members. We also review a number of small business tax write-offs that can save any business owner money. Small business tax deductions are a great benefit available to Canadian entrepreneurs and small business owners. Additionally, we will look at wealth planning and retirement issues, something that is often overlooked by small business owners. Also explained are some tax planning opportunities in the realm of benefits such as Private Health Service Plans (PHSP), Group insurance and Health & Medical Trusts as they relate to Canadian small business. I also go over some of the strategies related to home office deductions, vehicle expenses and other lucrative small business tax write-offs. Being a self-employed small business owner in Canada definitely has its perks. This tutorial will make a lot of these benefits clear to you. For a full explanation on these benefits and how to set them up from scratch, enroll in the SBC Knowledge Systems Small Business Blueprint. This is the first of three free training videos leading to the launch of the Small Business Blueprint offered at SBC Knowledge Systems Inc. To watch the remaining tutorial in this training series, click on the following links: Video 1 – Critical decisions Canadian Small Business Owners Need To Make https://www.youtube.com/watch?v=WkkK4An2Dvg Video 3 – Secrets to Entrepreneurial & Small Business Success https://www.youtube.com/watch?v=A3rxLyM6puE Small Business Blueprint – Course Enrollment http://smallbusinessblueprint.kajabi.com/sp/29330-sbb-sales-page In the Small Business Blueprint we cover a number of vital topic areas related to starting a small business in Canada such as: - forms of business organization in Canada – Proprietorship, Partnership & Corporation - Advantages & disadvantages of each type - Partnership agreements and shareholder agreements - Starting a small business in Canada – Step by step checklist - Compensation strategies – how to pay yourself with salary or dividends - Tax savings strategies – Small business tax tips to help you save money - Small business tax write-offs and deductions – What you can and cannot deduct - Small business accounting – what you need to keep - Small business bookkeeping – how to setup up your bookkeeping system fast and easy Check out some additional Canadian small business resources here on YouTube - Some great small business tax loopholes from Allan Madan, CPA, CA https://www.youtube.com/watch?v=TQ3lzpKq0Is - Set up a New Business In Four Steps from the Canada Business Network - https://www.youtube.com/watch?v=Bv1MSHM-kzM - 5 Tips to Reduce Your Canadian Small Business Tax Bill (Webinar) - https://www.youtube.com/watch?v=cYYeIsNeHCM - Starting a Small Business in Canada by the Business Development Centre https://www.youtube.com/watch?v=z7Qq6p3PPs0 Check out our website at http://www.sbcknowledge.com for additional courses and other resources.
Views: 31129 Ian DiNovo
Mazuma Accounting & Taxes for Small Businesses & Entrepreneurs
 
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Mazuma USA helps small business owners save time and money by managing their accounting and bookkeeping tasks. Save yourself time and money with Mazuma USA. Here's a quick video that explains the Mazuma process and how we help small business owners stay organized with their bookkeeping. CONTACT US [email protected] 866.575.9100 SUBSCRIBE TO OUR EMAIL LIST www.mazumausa.com LET’S CONNECT!!! LinkedIn ➤ https://www.linkedin.com/company/2361139 Google+ ➤ https://plus.google.com/1014968558601... Facebook ➤ www.facebook.com/MazumaUSA Twitter ➤ www.twitter.com/MazumaUSA Pinterest ➤ www.pinterest.com/MazumaUSA
Views: 1095 Mazuma USA
Why Small Business Owners Love Cloud Accounting | Accountingprose | Xero
 
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Cristina Garza is the Chief Number Cruncher for Accountingprose. To put it mildly: “My small business owners love using Xero because it allows me to help them focus on doing what they love successfully.” Cristina and her staff use Xero to review their clients’ cashflow, see when bills are due, pay invoices and more with the click of a button – anytime, anywhere. And thanks to Xero, Accountingprose enjoys a unique relationship with each of their clients: “Xero lets us be more than traditional bookkeepers and accountants. We get to be friends, partners and advisors. We’re basically superheroes – which is pretty awesome.” Want to learn about partnering with Xero? Check out Xero for accountants: https://www.xero.com/us/partners/ Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at https://www.xero.com/signup Like us on Facebook: http://www.facebook.com/xero.accounting/ Follow us on Instagram: https://www.instagram.com/xero/ Follow us on Twitter: http://www.twitter.com/xero Follow us on LinkedIn: http://www.linkedin.com/company/xero Subscribe to our Youtube Channel here: https://www.youtube.com/user/XeroOnlineAccounting
How to Use. Quickbooks Online Accounting. Small business, Ebay Amazon
 
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How to use quickbooks online small business accounting software for eBay & amazon sellers Thanks for checking out my channel. Make sure to subscribe!! For 1 on 1 coaching Pricing & Availability Email me: Rockstarflipper @Gmail.com JOIN THE FREE FACEBOOK RESELLER GROUP- (questions answered 24/7 from members) https://www.facebook.com/groups/689595301181796/ VIP (paid) Facebook Group- https://www.facebook.com/groups/263997070772761/ *Ebay/Amazon Equipment Photo Lighting Kit- http://amzn.to/2mEdSQq Female Mannequin- http://amzn.to/2uEnCxS Male Mannequin- http://amzn.to/2slaFIw Photo Background- http://amzn.to/2xCBnBD Shipping Tape Gun- http://amzn.to/2s7rc6f Poly Mailers - http://amzn.to/2iVae2t Bubble Mailers - http://amzn.to/2iVcUgt Thermal Printer- http://amzn.to/2mqkhST Ebay/Amazon Scale- http://amzn.to/2hIF2r2 Video Game Cleaner- http://amzn.to/2jD08Iy *Youtube Equipment: Microphone (Blue Yeti Blackout)- http://amzn.to/2sAHTaU Microphone Pop Filter- http://amzn.to/2tKN6NU Logitech Webcam - http://amzn.to/2iZcLc7 Canon G7X II Vlog Camera- http://amzn.to/2ujOgwH Memory Card- http://amzn.to/2xBPDdD Flexi Tripod- http://amzn.to/2xBmuiL Back Up battery canon G7X- http://amzn.to/2wQ1cPG MacBook Pro- http://amzn.to/2xCaUEn (Disclosure, these are amazon affiliate links & I do get paid a small commission if you purchase using them) *My EBAY STORE- https://rover.ebay.com/rover/1/711-53200-19255-0/1?icep_id=114&ipn=icep&toolid=20004&campid=5338069183&mpre=http%3A%2F%2Fstores.ebay.com%2FTheElectronixZone1 *Our personal Vlog Adventure channel- https://www.youtube.com/channel/UCYDfKwFzkHmnTfkHe_G8QcA *FOLLOW ME ON SOCIAL MEDIA: Facebook.com/Rockstarflipper Instagram.com/Rockstarflipper Twitter.com/Rockstarflipper
Views: 8042 RockstarFlipper
How Start ups Win - Specialist San Diego Accounting Advisor to Small Business Owners
 
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http://www.profitwiseaccounting.com/small-business-startups/ What is a start-up? New clients, strategy sessions & examples of existing clients. This video will provide a good insight into whether your business, start-up or simply a newer business should work with Profitwise Accounting. What’s the difference between a CPA tax return advisor as against a specialist accounting advisor for small business owners. You will also learn about some of the existing businesses profitWISE work with and what they do to help them.
Meet small business owner Alex in need of accounting software
 
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Meet Alex, a small business owner who simply wants to focus on his business. Alex is looking for a super simple online accounting solution. He doesnt want to waste time keying in data into his spreadsheet everyday, but instead wants to spend less time on his books. Alex loves using MYOB Essentials because it gives him everything he needs to manage his business. In one tidy package, Alex has access to quotes, invoices, expenses, payroll, BAS, GST. If your like Alex, try MYOB Essentials, its free for 30days!
Views: 2392 MYOB
Quickbooks Payroll for Small Business
 
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Quickbooks Payroll Software to take care of accounting and payroll needs for small business owners.
Views: 7531 Intuit
Welcome to Intelli Bookkeeping Accounting for Startups and Small Business
 
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Intelli Bookkeeping accounting software is designed to revolutionize the way startups and small businesses manage their finances. If doing the books is a nightmare for your small business, let this video show you how online accounting software can make your finances simple -- and even fun. Coffee shop owner Zoe explains how Intelli Bookkeeping's cloud integrated bookkeeping, payroll and tax services has made doing business a pleasure. Intelli Bookkeeping brings a personalized single expert or team of experts to businesses who struggle to handle the finances, but aren’t looking to spend a fortune on in-house full-time staff. See your bottomline in real-time with online accounting, payroll, billing & HR. Just login and see the difference. Visit https://intellibookkeeping.com/ Like us on Facebook: http://www.facebook.com/intellibookkeeping/ Follow us on Twitter: http://twitter.com/IntelliFinances Follow us on LinkedIn: http://www.linkedin.com/company-beta/7598133/ Subscribe to our Youtube Channel here: https://www.youtube.com/channel/UCcGRjihIC9gN78y5xPsQX5A
Views: 13421 Intelli Bookkeeping
Basic Bookkeeping for Small Businesses
 
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This webinar will guide you through the basics of looking after your business finances. Do something about that pile of receipts you've been meaning to deal with!
Easy Accounting | Small Business Accounting
 
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Playstore Link : https://play.google.com/store/apps/details?id=app.easy.account Easy Accounting | Small Business Accounting is an Easy Accounts App useful for your mange daily cash & credit transaction. Easy Accounting does not require complex account management skills anyone can use this app who simply operate the device, you do not need to be a professional accountant. Why Easy Accounting App : ✓Sync data across devices(sync with multiple devices). ✓ Secure data with online backup. ✓ Support for multi-currency. ✓ Auto Backup. ✓ Export/View PDF Reports. ✓ Share PDF directly to customers. ✓ Use Easy Accounting App Offline as well as online. ✓ Manage History. ✓ Widget to add transaction. The main aim of Easy Accounting app is to provide a solution to a small businessman or professional who running own business, shop, mall, restaurants, bakery/coffee shop house cleaning, vine shop, artist, partnership firm, etc.. Stay connected with us on Facebook: https://www.facebook.com/easyaccountingapp or direct mail us on [email protected]
Small Business Accounting
 
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Running a small business is not easy. Often small business owners do not have any experience with accounting and can struggle to get a clear understanding of their financial situation. In this video we talk about how Business Growth Services can help you achieve clarity and growth within your business. www.businessgrowthservices.co A typical problem small business owners can face is not knowing how much money they have in the bank, what their profit was in the last month or how those profits flow into cash. In order to help you with your finances, the first thing Business Growth Services will do is gain access to your accounts in real time, making sure that we are all working off the same system in order to make sure there is no confusion. This system is called Xero. Why use Xero? Xero allows you to have 24/7 access to your accounts, as well as a finance dashboard which gives you easy visibility of your accounts. Using this platform, we can help small business owners with preparation when it comes to their monthly management accounts. Once we have a clear understanding of the numbers involved in your business, we can then look to how to grow those profits. If you are interested in having account visibility and growth, please visit: www.businessgrowthservices.co. If you would like to contact us directly, please call us at 0115 858 1340 or email us at: [email protected]
Best Accounting software for small business 2017
 
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The best accounting software for small businesses in 2017 ? It's Easy.. Xero! Signup for a free 30 Day Trail and try it out for yourself: http://proaccounting.club/recommends/xero
Views: 1264 Pro Accounting Club
Top Dallas Bookkeeper / Accountant - Dallas QuickBooks Expert Helps Small Business Owners
 
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