Create A Balance Sheet From A General Ledger Report In 10 Minutes

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  • Опубликовано: 22 янв 2025

Комментарии • 12

  • @nijitchakraborty7783
    @nijitchakraborty7783 25 минут назад

    Awesome Technique

  • @BKnervsta1
    @BKnervsta1 22 дня назад

    I am getting addicted to your videos Bill. I am an expert in AP for years and always have curiosity on the Controller work. Excellent videos from you gives me a direction to learn on general accounting that I'd missed.

  • @geraldineencinares9159
    @geraldineencinares9159 Месяц назад +1

    I've been applying for an online job regarding kpi tracker and honestly, I didn't have any idea about it until I saw your videos. It was very clear and helpful. Praying that I will get the job. But no matter what the outcome will be, at least, I have new added knowledge because of it.

    • @blank9218
      @blank9218 Месяц назад +1

      Hey man how was your job process, did you land the job? Also a recent grad looking for jobs !

  • @binhdu5005
    @binhdu5005 Месяц назад +5

    I'm a CPA and came here often to check out this channel for continuing education but if one day the world is ending, I wouldn't give a rat a$$ about my career, just saying.

  • @OKREDHOT
    @OKREDHOT 27 дней назад

    In the US, you are free to create your own Charts of Accounts, while in many European countries (like France or Belgium), we use standardized prefix (first 3 numbers, that all CPA-equivalent, accountants, students know by heart, like let's say 3xx is for inventory, then you can add at the end other numbers to suit your own business)
    This allows us to directly map and generate a BS and Income Statement in one-click in any accounting program or easy to read for any auditor - it's an easy universal language

  • @fatelook
    @fatelook Месяц назад +2

    It's easy when everything is laid out for you. It gets fun when you have no idea what a vendor is or what the payment/receivable is

  • @scotolivera8207
    @scotolivera8207 Месяц назад +2

    Hello Bill, Thanks for all your effort but this is a very basic approach, from automating the report to creating mapping table ....

    • @TheFinancialController
      @TheFinancialController  Месяц назад +1

      Hi there - Yes, this video's goal is to teach the foundation of how GL Accounts flow into the Balance Sheet, so it's meant to be this simple.

  • @FreshAirRainbow
    @FreshAirRainbow Месяц назад

    Hi
    Bill
    Quick question for you
    I’m in process of getting my 1st Acquisition
    Would you be open to doing a Roll up with me ?
    I’ve reached out to 13 companies received 5 financials/ Due Diligence now then LOI
    I have 34 years of Direct Sales, looking to transition 100% into
    Business Acquisition in next 30 Days. I have what It takes.
    Let me know if you’d like to JV.