Small business accounting 101: Covering the basics | Run your business
Learn more about small business accounting: https://intuit.me/3BHtGbm
The basics of small business accounting come down to a handful of best practices and only three essential reports: your balance sheet, income statement, and cash flow statement. In this video, Astrid Daniela Galvez (QuickBooks ProAdvisor and Tax Specialist) shares some tips and best practices on navigating through accounting fundamentals.
00:00 – Introduction
01:07 – What is business accounting?
01:32 – Benefits of small business accounting
01:58 – Weekly, monthly, quarterly and annual accounting tasks
3:50 – How QuickBooks helps with accounting tasks
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