6 Bookkeeping Tips for Your Business! [[What You Actually Need to Know]]

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  • Опубликовано: 21 окт 2024

Комментарии • 56

  • @michellebryant5627
    @michellebryant5627 3 года назад +3

    I’m glad we’re subscribers! Thank you for taking the to provide this information. It’s very helpful and needed! We appreciate everyone at Lyfe Accounting they’re awesome to work with. This channel has really been a blessing to our company in so many ways. We declare that your company continues to increase more and more. Thank s again for the professional information and tips we learned a lot!! We look forward to working with you again in the near future

    • @LYFEAccounting
      @LYFEAccounting  3 года назад +1

      WOW, I have to Pin this comment because it was so awesome and rewarding to hear. Thank you so much for taking the time to write it :)

  • @harleyehuffinejr2082
    @harleyehuffinejr2082 3 года назад +3

    I'm going to make sure every business person that I know definitely gets this video another big hit videos

  • @harleyehuffinejr2082
    @harleyehuffinejr2082 3 года назад +2

    Thank God for you guys small business owners like myself just beginning so hard I don't understand all the rules and regulation need to have this video is truly a blessing thank you so much for the time you guys take out of your lives to do this for us and yourselves

  • @LYFEMarketingAtlanta
    @LYFEMarketingAtlanta 3 года назад +3

    These tips have worked well for us. :)

  • @NYC-Thoughts
    @NYC-Thoughts 2 года назад +1

    This was so so so helpful you are a pure life saver

  • @andrewnielsen8032
    @andrewnielsen8032 2 года назад +2

    So if I want to write off bills like cell phone, internet etc. I should switch those bills from my personal accounts over to my business account? Loving all the content by the way!

  • @Tony99410
    @Tony99410 3 года назад +3

    I love this channel, thank you guys for putting up these videos they help out a lot!

    • @LYFEAccounting
      @LYFEAccounting  3 года назад

      Glad you enjoy it! Hope you consider subscribing?

  • @wendydaniels8618
    @wendydaniels8618 2 года назад

    Good general overview of bookkeeping and why it's important for small businesses. 👏🏾

    • @LYFEAccounting
      @LYFEAccounting  2 года назад

      Thank you, Wendy. There's more where that comes from =) Hope you're subscribed!

  • @shantryce375
    @shantryce375 3 года назад +2

    I just found this channel and I love it! Great topics!

  • @laviniaarshid8789
    @laviniaarshid8789 3 года назад +1

    Good tips! Thank you very much

  • @divinemakeup2334
    @divinemakeup2334 3 года назад

    I love this channel!! Thank you for the information

  • @corinaali4290
    @corinaali4290 3 года назад

    Thank you much for this video, great information!.

  • @trevorleeanderson
    @trevorleeanderson 3 года назад

    Thanks for sharing 🙌

  • @wys6711
    @wys6711 3 года назад

    Thank you My Love 🍒

  • @NYC-Thoughts
    @NYC-Thoughts 2 года назад +1

    What bank do you like for a small business start up

  • @commonsensecrypto9009
    @commonsensecrypto9009 3 года назад +2

    Keep up the great work on the channel. Quick question. If I am single and hold 5 stocks for more than a year. Each one I have a capital gain of 10k. When I sell do I get 0% capital gains tax? Or would I have to pay capital gains tax on 10k? (50k - 40k)

    • @LYFEAccounting
      @LYFEAccounting  3 года назад +1

      I’d expect to pay a long-term capital gain tax (15-20%) on the difference when you sell.

    • @commonsensecrypto9009
      @commonsensecrypto9009 3 года назад

      @@LYFEAccounting appreciate your help 💯

  • @jyctv5827
    @jyctv5827 3 года назад +2

    nice tips

  • @tiffanynicolebeauty6063
    @tiffanynicolebeauty6063 3 года назад +2

    Great content! Thank you so much. Which bookkeeping software would you recommend for a salon business? I was looking at quickbooks. Or would a simple excel spreadsheet work?

    • @LYFEAccounting
      @LYFEAccounting  3 года назад

      Both can work, it would depend on the amount of transactions you have. As a Salon, I would imagine you are seeing alot of customers, so probably Quickbooks

    • @tiffanynicolebeauty6063
      @tiffanynicolebeauty6063 3 года назад +1

      @@LYFEAccounting I signed up for it yesterday and I'm mad I didn't do it sooner. Thank you! I wish you guys were accepting new clients. Love your content!

    • @LYFEAccounting
      @LYFEAccounting  3 года назад

      @@tiffanynicolebeauty6063 Awesome, stay connected, we will soon :)

  • @JayJay91838
    @JayJay91838 3 года назад +1

    Good info

  • @kermitshamburger774
    @kermitshamburger774 3 года назад +3

    You all at Lyfe accounting provide such great content thank you! . . I am a sole proprietor and I do freelance video and photography for individuals , Churches and business. I have one client that I do contact work for that has paid me the exact same amount every Friday for two years (1099). What is the best software for me to use to keep up with my ( fairly simple accounting) and be able to print a professional looking receipt / invoice for my clients? . .

    • @LYFEAccounting
      @LYFEAccounting  3 года назад +1

      Thank you! We would definitely go with Quickbooks online for what you're trying to accomplish

    • @kermitshamburger774
      @kermitshamburger774 3 года назад

      @@LYFEAccounting Thank you !

  • @kassimbabika
    @kassimbabika 3 года назад

    Great videos - very helpful, informative and concise.
    One bit I don't quite understand here though: why would a bookkeeper prepare sales invoices? Isn't that part of the day to day business operations to be done by a company and it's employees?
    Whereas an outsourced bookkeeper is usually an irregular contractor for a business, like weekly or monthly?

  • @sulaimanal-barwani9526
    @sulaimanal-barwani9526 3 года назад

    Recommended outsourcing accounting firm? And can it be an online service? Just in case the company and the firm are not in the same country

  • @lmmbeats6962
    @lmmbeats6962 3 года назад

    Hello: If I have my LLC at home, do I have to pay the bills with the business account or the personal account?

  • @heathermills1220
    @heathermills1220 3 года назад

    Can you lead me in the right direction for a sole member swimming pool service company as far as book keeping and accounting software like a all in one

  • @donnadeacon3639
    @donnadeacon3639 Год назад

    Mi sey!
    Yaaa di BOOOSSSSSS!!!!

  • @philgrant1132
    @philgrant1132 3 года назад

    How do i do my book keeping as a IC?

  • @rtanaka
    @rtanaka 3 года назад

    Excellent tips. Keep up the great work

  • @jbrown-caminita2926
    @jbrown-caminita2926 Год назад

    Are you accepting new clients? Please advise. Thank you

  • @yourfriend4170
    @yourfriend4170 2 года назад

    Some say to keep receipts for 3 years, some say 6, some say 7… lol what’s the real truth??

  • @Dvegastyle
    @Dvegastyle 5 месяцев назад

    Ekspecially in the beginning ))
    Why say properly, when it’s not that funny ekspecially from serious tax firm..

  • @ErmieT
    @ErmieT 3 года назад +3

    Found your intro too long.

    • @LYFEAccounting
      @LYFEAccounting  3 года назад +1

      Thanks for the feedback Ermie.

    • @threedee593
      @threedee593 2 года назад +1

      You should appreciate the content.. geeezzzz

  • @colbydurrentt2129
    @colbydurrentt2129 3 года назад

    The clean david culturally kiss because drake histochemically injure until a large fold. productive, awesome bull