The BOOKKEEPING BASICS for BEGINNERS
LYFE Accounting
@lyfeaccountingAbout
LYFE Accounting is a full-service accounting firm that helps individuals and small businesses save on taxes and increase their wealth. Taxes are the single largest expense that most people will pay over the course of their life. We teach you how to minimize this expense, while giving you strategies to increase your wealth. On this channel, we will cover some very important topics such as: - How to pay fewer taxes, and some cases, how to pay zero taxes - How Business entities work such as benefits of LLC, benefits of S Corp, benefits of Sole proprietorship and C Corporations - How to make smart business & individual investments - How to build a profitable company - How taxes on income work such as taxes on real estate, stocks, etc. - Plus more! Thanks for visiting, and we hope you enjoy our content. If so, please subscribe!
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Video Description
Bookkeeping is the recording of past financial data to make future business decisions. In this tutorial, you'll learn what bookkeeping is and I'll show you how to do it for your small business or startup. [Free Training] How To Start a Six-Figure Business with $250 - https://moneysmartstartup.com/how-to-start-with-250-landing-page/ [Startup Course] Money Smart Startup - https://moneysmartstartup.com/money-smart-startup-course/ ⏱️TIMESTAMPS 00:00 - Intro 00:44 - What is Bookkeeping? 01:34 - Step 1 of the Bookkeeping Process 03:02 - Step 2 of the Bookkeeping Process 04:24 - Step 3 of the Bookkeeping Process 05:21 - Step 4 of the Bookkeeping Process 06:42 - Step 5 of the Bookkeeping Process 12:03 - Step 6 of the Bookkeeping Process 13:36 - Outro Subscribe: https://bit.ly/2HJlq46 Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos! /// Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
Bookkeeper's Startup Kit
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