Quick Start on Small Business Bookkeeping Basics

Keeping your small business finances organized is essential to saving time and money. Here’s a quick start on small business bookkeeping basics.
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In this video we’ll go over questions like do small businesses need bookkeeping, can I do my own bookkeeping for my business, what is difference between accounting and bookkeeping, and what are basic bookkeeping skills? Watch through the video or jump to a section below to answer your questions. If you need more information, reach out to one of our business professionals for a free consultation.

00:00 Beginning
00:14 Bookkeeping Basics
00:41 Why Is Bookkeeping so Important for Small Businesses?
01:20 4 Bookkeeping Basics You Can’t Ignore
01:25 1. Organized Record Management Is Key
02:23 2. The Difference Between Bookkeeping and Accounting
03:08 3. Be Aware of the Different Types of Bookkeeping Methods
04:05 4. There Are Several Different Accounts to Track
05:01 Outsourcing Your Bookkeeping Can Save Time and Money

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