1:00 Record received cash - Cash receipt journal 3:00 Book of original entry - Journal 8:00 Expenses - Cash Disbursements 12:37 Summary of transactions for the month - Ledger 17:00 Trial balance
Salamat po mam mas madali talaga intindihin explaination ng tunay na negosyante nagtuturo about accounting kesa sa isang guro na cpa nga pero wala namang experience sa business iba kaSi pag may pinapakita na actual talaga na examples
Hi, Mam! The cash receipts and cash disbursements journals po are also considered as journals. Which means po na if naka-record na po either sa CRJ or sa CDJ, dapat po hindi na i-record sa General Journal since these transactions will be recorded twice kapag ni-record pa po sa GJ.
Verifying lang po, mam. Btw super thank you po sa mga videos. You are definitely helping a lot of people with these information. More power po sa inyo!
@@johnedricsiongco3199 Tama ka John, medyo di tama ang presentation ni Mam, in effect double recording ang ginawa nya kapag nirecord ulit sa Journals. Marami ang malilito. I hope ma address po yung correction.
@@regsaccountingtaxservices2469 Hi boss. If in case walang non-cash transactions. Ano nalang po irerecord sa general journal kung naka record na ito sa cdj and crj? Bali closing entries nalang per month or per year po ba ang irerecord?
@@PjBamba Pag hindi qualify sa special journals (e.g CDJ, CRJ, Sales Journal, Purchase Journal), irecord mo sa GJ, such as Depreciation, adjusting entries, closing entries.
THE TWO MAJOR TYPES OF BOOKS OF ACCOUNTS, NAMELY, JOURNAL AND LEDGER ●JOURNAL is a chronological record (day-by-day) of business transactions. It is called the book of original entry because it is the accounting record in which financial transactions are first recorded.(dito po unang nirerecord yung mga transactions bago sa ledger.) 2 Types of Journal 1. General Journal (GJ) -This type of journal is unique among journals because it may be used to record any type of business transactions.(Yung pagkakaintindi ko po dito. Dito po nirerecord yung mga transactions na hindi under nung apat na special journal(second type of journal) at hindi repetitive o kadalasan lang nangyayari yung transactionung 2. Special Journal -Used to record large number of transactions of frequent occurrence and of the same nature.(dito po nirerecord yung mga repetitive na transactions o kadalasan na mga transactions ng business) •4 Types of Special Journal 1. Cash Receipt Journal 2. Cash Disbursement Journal 3. Sales Journal 4. Purchase Journal ●LEDGER -The ledger is also called the “book of final entry” because all the balances in the ledger are used in the preparation of financial statements. - This is also referred to as the T-Account because the basic form of a ledger is like the letter “T”. -Dito po yung final destination ng mga nakasulat na transactions sa journal. 2 Types of Ledger 1. General Ledger 2. Subsidiary Ledger
hi mam Elsa.space rental po ung business ko.pano po kung s expenses naglista po ako ng for maintenance (labor, rollup repair, etc), fare and gasoline ( BIR matters) , wala nmn po receipts un.hndi ko po pwde ilista sa disbursment record? di ko dn po ba un pwde ibawas s expenses ko if mgffile na ako ng ITR? thank u po mam.
Hello mam, sa sari sari store po Yong sa akin. Journal 14 columns at ledger ang binigay sakin. Ano po ang mga ilalagay sa mga books sa isang sari sari store.
He mam Elsa, ngyn ko palang po nakuha Sales Invoice ko. Ngyn po ba ako mag start mag record or kailangan isama Yong last month nung nag start ako NG operation?
Start po operation NG store ko NG June 1 habang nilalakad ko ang mga permits ko. Kailangan ko ba isama sa re ord Yong mga expenses sa permit at Yang starting capital ko? Pahingi Lang po idea mam. Ty po
Thank you for uploading videos Ma'am. May I ask po if what will be my journal entry for business selling services and paying the technician a 50% cut on all the repair service charges? Thank you.
4 года назад+3
Yong 50% lang na share mo yon lang irecord mo. Wag mo isama ang share ng technician
Salamat po sa video na ito, kakakuha ko lang ng BIR forms and ledger sa munisipyo at hindi ko alam ang gagawin. Malaking tulong po ang mga video nyo para sa mga katulad kong nagsisimula. God bless and more power po.
Bank deposit Yung source document. Meaning mag open ka ng bank account for business use. If on hand mo naman Ang cash then supposedly may cash withdrawal receipts ka
Thank you for the information ma'am. Is it required po for an OPC to maintain Petty Cash Fund (imprest system) even though hindi daily ang sales and hindi daily ang pagdeposit and withdraw sa bank? (we render Telecomm Services po) Thank you so much po.
Thank you Po mam for sharing.... I'm glad may matutunan Po aq even for a short time ... This is hat I like most. .. I love recording... My support is all yours mam.. god bless po..
Hi Mam, thank you so much for sharing bir matters. I have a question, we online our vat & pay also our vat & quarterly & yearly taxes through the encoded sales, purchases & other expenses. I record our books manually, but only the expenses incurred from the operations & sales also. I don’t record to the Journal book, no ledger book entries also. How will I Start all over again? Hoping for you reply.
cash receipt journal - inflow cash disbursement journal - outflow - expenses total all then put in general ledger general journal - no cash like depreciation general ledger - sort/ balance all account has ff pages: cash page input vat page rent expense page
Hi Ms. Elsa! For the cash receipts book, you mentioned that all transactions must have an equivalent receipt, right? How about for transactions that are below P100 where it is not required to issue an official receipt? Do I still need to record that transaction in my books? Thanks!
2 года назад+6
For VAT purposes po lahat ng transactions should be supported with receipts wala na po below 100 na hindi ka magresibo. For nonVAT, purchases below 25 pesos iponin mo during the day and isuue one receipt for all the transactions at the close of your business hour. At ang resibo na yan ang irecord mo sa books
Thank you very much maam. Ang ganda po ng explanation and enjoy po panuorin dahil magaan po ang pag gamit nyo po ng mga words kaya madali po ma catch up. Fresh graduates po here. More powers maam
good morning po mam maraming salamat po at may natutum an po ako highschool lang po natapos wala po akong alam sa ganyan kaya nag papasalamat po ako ng marami.God blees po.
Kaya pala ang sungit ng mga taga BIR dito sa amin tapos 'yung iba natutulog pa sa counter, dahil ang dami pala nilang inaasikaso na mga records at mga negosyante... So ayaw ko nalang (muna) kumuha ng business permit sa maliit kong dress shop, 😅 Total mas delikado sa penalties ang may business permits keysa sa wala. The only enemy ng mga walang business permit ay ang mga inggeterang marites na mga kapitbahay. 😅 Well thanks maam, very well explained. 😅🎉
Thank you po, legit and correct way of book recording. I am an accounting graduate kaya po na rerecall ko. Yung ibang videos po ng ibang uploader wrong info nmn, kawawa makkanood, mis information.
Thank you, ma'am. Very helpful po eto sa mga bookkeepers. Lalo na sa mga bago palang nagsisimula. Marami ako natutunan sa inyo on Transfer Pricing. Looking forward for more videos. God bless
Mam nag shinare ko po ung video nyo sa mga online sellers na gaya ko. Hopefully maging active po kau uli sa videos nyo dhil madali po intindihin ung explanation nyo. Tnx
Thank you so much po for this tutorial video. Question po for Non-vat small coffeeshop business, given 3 books: cash receipts, cash disbursement and ledger, saan po ilalagay at paano po pagrecord ng franchise fee? How about po ung purchase sa supplier, order slip lang po binibigay?
thank you po ma'am, Elsa. subrang nakatutulong po. may tanang lang po ako, sinubukan kong e compute sa T accounts. hindi ko po nakuha kung saan po nag galing yong 856,000 .
1:00 Record received cash - Cash receipt journal
3:00 Book of original entry - Journal
8:00 Expenses - Cash Disbursements
12:37 Summary of transactions for the month - Ledger
17:00 Trial balance
I salute you Madam for sharing your knowledge ... Napakalaking halaga po sa amin ito lalo na sa mag O-open ng Business ♥️ GOD BLESS po Madam.
Thank you! Di ako mag skip ads while watching. Very helpfull.
same
Good day maam! Ok langba dalawalang books lang gamitin namin? Journal at ledger lang. Bpo company kasi kami services lang transaction namin .
first timer po ako and napakalaking tulong po sa akin ang tutorial na ito.. thank you po for sharing this...
Thank you Mam Elsa. This video is great help for starting bookkeeping services like me. May God bless you more.
God bless you too. Marami pa tayong gagawin as bookkeepers. Just keep up the good works.
Salamat po mam mas madali talaga intindihin explaination ng tunay na negosyante nagtuturo about accounting kesa sa isang guro na cpa nga pero wala namang experience sa business iba kaSi pag may pinapakita na actual talaga na examples
Hi, Mam! The cash receipts and cash disbursements journals po are also considered as journals. Which means po na if naka-record na po either sa CRJ or sa CDJ, dapat po hindi na i-record sa General Journal since these transactions will be recorded twice kapag ni-record pa po sa GJ.
Verifying lang po, mam. Btw super thank you po sa mga videos. You are definitely helping a lot of people with these information. More power po sa inyo!
@@johnedricsiongco3199 Tama ka John, medyo di tama ang presentation ni Mam, in effect double recording ang ginawa nya kapag nirecord ulit sa Journals. Marami ang malilito. I hope ma address po yung correction.
@@regsaccountingtaxservices2469 Akala ko ako lang nakapansin.... Salamat po ganun din kay Maam sa effort
@@regsaccountingtaxservices2469 Hi boss. If in case walang non-cash transactions. Ano nalang po irerecord sa general journal kung naka record na ito sa cdj and crj? Bali closing entries nalang per month or per year po ba ang irerecord?
@@PjBamba Pag hindi qualify sa special journals (e.g CDJ, CRJ, Sales Journal, Purchase Journal), irecord mo sa GJ, such as Depreciation, adjusting entries, closing entries.
Thankyou very much maam
Sobrang dame ko pong natutunan
I hope i could meet u someday to thank u personally.. anyway Godbless u more pp
very informative more power!
Thank you Mam sa Tutorial. This Month lang po kami start ng Water Station business.
Please clarify on journal books that all transaction should be recorded on this book even already recorded on crb and cdb? tnx
Journal and ledger parang parehas.. Nalito ako.. Sorry.. More info pa sana c maam
THE TWO MAJOR TYPES OF BOOKS OF ACCOUNTS, NAMELY, JOURNAL AND
LEDGER
●JOURNAL
is a chronological record (day-by-day) of business transactions. It is called the book of
original entry because it is the accounting record in which financial transactions are first
recorded.(dito po unang nirerecord yung mga transactions bago sa ledger.)
2 Types of Journal
1. General Journal (GJ)
-This type of journal is unique among journals because it may be used to record any type
of business transactions.(Yung pagkakaintindi ko po dito. Dito po nirerecord yung mga transactions na hindi under nung apat na special journal(second type of journal) at hindi repetitive o kadalasan lang nangyayari yung transactionung
2. Special Journal
-Used to record large number of transactions of frequent occurrence and of the same
nature.(dito po nirerecord yung mga repetitive na transactions o kadalasan na mga transactions ng business)
•4 Types of Special Journal
1. Cash Receipt Journal
2. Cash Disbursement Journal
3. Sales Journal
4. Purchase Journal
●LEDGER
-The ledger is also called the “book of final entry” because all the balances in the ledger
are used in the preparation of financial statements.
- This is also referred to as the T-Account because the basic form of a ledger is like the
letter “T”.
-Dito po yung final destination ng mga nakasulat na transactions sa journal.
2 Types of Ledger
1. General Ledger
2. Subsidiary Ledger
@@rachelsarif4188 alam ko po Journal sa sales and Ledger sa purchases while Columnar book sa expenses
parang double entry po , may CRJ na, may journal book pa.
@@janetgervacio2587 yan nga clarify ko wala naman reply, kc as per bir journal is book of original entry. iba sya sa actual na ginagawa
Ang galing ni mam mag explain. Thank you po.
Explains the recording of transactions in the books of accounts: Journal, Ledger, Cash Receipts and Cash Disbursements.
hi mam Elsa.space rental po ung business ko.pano po kung s expenses naglista po ako ng for maintenance (labor, rollup repair, etc), fare and gasoline ( BIR matters) , wala nmn po receipts un.hndi ko po pwde ilista sa disbursment record? di ko dn po ba un pwde ibawas s expenses ko if mgffile na ako ng ITR? thank u po mam.
14 columns at least.
Hello mam, sa sari sari store po Yong sa akin. Journal 14 columns at ledger ang binigay sakin. Ano po ang mga ilalagay sa mga books sa isang sari sari store.
He mam Elsa, ngyn ko palang po nakuha Sales Invoice ko. Ngyn po ba ako mag start mag record or kailangan isama Yong last month nung nag start ako NG operation?
Start po operation NG store ko NG June 1 habang nilalakad ko ang mga permits ko. Kailangan ko ba isama sa re ord Yong mga expenses sa permit at Yang starting capital ko? Pahingi Lang po idea mam. Ty po
Thank you mam.. mas napa easy po ang mga transactions s inyong explanation laking tulong po god blessed and more power
Welcome po
Thank you for uploading videos Ma'am. May I ask po if what will be my journal entry for business selling services and paying the technician a 50% cut on all the repair service charges? Thank you.
Yong 50% lang na share mo yon lang irecord mo. Wag mo isama ang share ng technician
Pano po kaya if lalagyan yan if salary sa ganyang case
Thank you for uploading your vedios maam
Salamat po sa video na ito, kakakuha ko lang ng BIR forms and ledger sa munisipyo at hindi ko alam ang gagawin. Malaking tulong po ang mga video nyo para sa mga katulad kong nagsisimula. God bless and more power po.
Welcome po
Mam sa journal entry po ba ang I record lng din ang may resibo? Or sa cash receipt lng at cash disbursement.
Sa cash receipt at cash disbursement lang. Kung meron ka. Kasi cash receipt at cash disbursement parang journal na rin yon,
I salute you Madam for sharing your knowledge with us.
Thank you too Nichole.
very informative po ito. ask ko lang po yung utilities like power, water and inetnet/phone lines pwede po ba isama yun sa expenses?
Kasama po sa expenses kailangan lang may resibo kayo at nakapangalan sa inyo
@ utility bills po pwede na as receipts?
@@laarnick Pwede po basta sa yo nakapangalan
@@laarnick Yes po. Pwede basta ang utility bills sa yo nakapangalan
@ What if po di nakapangalan sa inyo kasi po renter or maybe binabayaran pa sa home mortgage? Hope this would be answered. Thank you po!
Sobrang helpful Mada'am. Salamat po
Welcome po
Mam rephrase ko lang ang tanong ko po. anu po ang supporting document mo or supporting receipt mo para sa 1,500,000 na capital mo na sinasabi mo po.
ang galing mam salamat😊😊😊
curious din ako dito supporting docs for own transaction gaya ng pag lagay mo ng capital saka pag withdraw mo ng personal
Bank deposit Yung source document. Meaning mag open ka ng bank account for business use. If on hand mo naman Ang cash then supposedly may cash withdrawal receipts ka
Thanks po. Mas maliwanag po para sa akin tong explanation na ito.
Hi Ma'am, thank you for making this video, very informative.
May I ask if what supporting document can i present for salaries and wages expenses?
Gawa po kayo ng payroll.
@ mam yung payroll po ba pwede na simple lang like namr ofemplyees date covered rate per hr then signature na po ng employees
Thank you very much for good explanations i understand it very much 😊😊😊
Thank you for the information ma'am. Is it required po for an OPC to maintain Petty Cash Fund (imprest system) even though hindi daily ang sales and hindi daily ang pagdeposit and withdraw sa bank? (we render Telecomm Services po) Thank you so much po.
Thank you Po mam for sharing.... I'm glad may matutunan Po aq even for a short time ... This is hat I like most. .. I love recording... My support is all yours mam.. god bless po..
Thank you too
Hi Mam, thank you so much for sharing bir matters. I have a question, we online our vat & pay also our vat & quarterly & yearly taxes through the encoded sales, purchases & other expenses.
I record our books manually, but only the expenses incurred from the operations & sales also.
I don’t record to the Journal book, no ledger book entries also.
How will I Start all over again?
Hoping for you reply.
cash receipt journal - inflow
cash disbursement journal - outflow - expenses
total all then put in general ledger
general journal - no cash like depreciation
general ledger - sort/ balance all account has ff pages:
cash page
input vat page
rent expense page
Galing po ng explaination nyo madam. Very helpul kc sobrang simple at mdaling maintindihan
Hi Ms. Elsa! For the cash receipts book, you mentioned that all transactions must have an equivalent receipt, right? How about for transactions that are below P100 where it is not required to issue an official receipt? Do I still need to record that transaction in my books? Thanks!
For VAT purposes po lahat ng transactions should be supported with receipts wala na po below 100 na hindi ka magresibo. For nonVAT, purchases below 25 pesos iponin mo during the day and isuue one receipt for all the transactions at the close of your business hour. At ang resibo na yan ang irecord mo sa books
paano po kung di naresibuhan yung other cash sales di ho ba sya pwede sa general journal entry na lng?
Mam accept po b ang petty cash voucher kc ung mga ibng supplies via shopee ko po kinukuha.wla man resibo bnbgay c rider.thank u po
Thank you ma'am sa pag share ❤ very helpful po.😊
Salamat po ma'am. Very helpful po. More videos ma'am. More power!😊
Thank you ma'am now ko lng naintindihan ng husto yn khit pa highschool to college tinuturo ...thank you po
Welcome po
Thank po for the information about tips and tutorials
Thank you very much maam. Ang ganda po ng explanation and enjoy po panuorin dahil magaan po ang pag gamit nyo po ng mga words kaya madali po ma catch up. Fresh graduates po here. More powers maam
Thank you.. nakakatulong para samin na may small business lang❤ god bless
Welcome po
Thank you so much po ma'am. God bless you more and more po.
Thanks atlast na intindihan kuna pano ang book of account para sa lpg business namin.
Welcome po.
Thank you for a very informative content!. Mabuhay po kayo! Keep safe!
Thank you Mags.
good morning po mam maraming salamat po at may natutum
an po ako highschool lang po natapos wala po akong alam sa ganyan kaya nag papasalamat po
ako ng marami.God blees po.
Well explained po! Thankyou so much!!
Thank you so much for this tutorial video mam,very helpful po..ito na po bago mong supporte from cagayan de oro.
Maraming salamat po sa virtual seminar hehe helpful po!♥
THANK YOU VERY MUCH MAAM....VERY INFORMATIVE SHARING...
Thank you so much po. Very helpful! ❤
Kaya pala ang sungit ng mga taga BIR dito sa amin tapos 'yung iba natutulog pa sa counter, dahil ang dami pala nilang inaasikaso na mga records at mga negosyante... So ayaw ko nalang (muna) kumuha ng business permit sa maliit kong dress shop, 😅 Total mas delikado sa penalties ang may business permits keysa sa wala. The only enemy ng mga walang business permit ay ang mga inggeterang marites na mga kapitbahay. 😅
Well thanks maam, very well explained. 😅🎉
Thank you so much po for the tutorial, just needed to refresh myself with the process and it has been a very clear tutorial.
Salamat mam sa tutorial... 😊 Very helpful...
Welcome po
Thank you this information ma'am very helpful po
Thanks Maam Elsa very well explained
Thank you so much Ma'am for the explanation regarding the book of accounts. Salute!
Thanks po. Ulit ulitin q nlng panoorin
Sana gawa po kayo ng para s mga online sellers papano magbayad ng tax
Up
Thank you po, legit and correct way of book recording. I am an accounting graduate kaya po na rerecall ko.
Yung ibang videos po ng ibang uploader wrong info nmn, kawawa makkanood, mis information.
Mam kaya po lagi ako nanonood ng videos nyo.marami po akong natututunan tnx po more vid pls.
Sige po. Marami tayong nakasalang next week
Thank you, ma'am. Very helpful po eto sa mga bookkeepers. Lalo na sa mga bago palang nagsisimula. Marami ako natutunan sa inyo on Transfer Pricing. Looking forward for more videos. God bless
Thank you po.
Maam Elsa. For 2 income rental income and laundry services. Do I need to register 2 sets of book of accounts
Thank you very much maam. I'm enlightened. Big help
Salamat po sa mga informations. Request po , maaari po bang explained ninyo rin na gamit ang Quickbooks accounting. Maraming salamat po.
very helpful po, maraming salamat po!
Salamat sa info madam
paunti unti my natutunan ako sa inio mam salamat po
Thank you Ma'am for this very informative video regarding the book of accounts. God bless.
Salamat po Mam sa explanation nyo po God Bless u
Mam nag shinare ko po ung video nyo sa mga online sellers na gaya ko. Hopefully maging active po kau uli sa videos nyo dhil madali po intindihin ung explanation nyo. Tnx
God Bless you Ms. Elsa, this is a very helpful vlog.
Thank you Scarlett
I miss you po ate..I am learning again now..I need it..
ang linaw po explanation salamat po mam
thank you maam , sana may tutorial din kayo sa bookeeping ng mga online sellers.
Super Thanks po Ma'am!
Thank u very much.very informative
Thank you so.much po.now i.know how to.record of books of accounts
Happy to help. Thank you
This is very helpful.
Thanks for sharing 😊
Salamat po very useful and informative
You're welcome 😊
Wow maam very useful for merchandising business
thank you for this video. sobrang helpful
I'm an accounting student, thank you po. 💕
Welcome po.
Thank you for the info. God bless.
ty po Maam. more power po sa inyo
Ang galing.. salamat po sa video ninyo mam.
Thank you so much mam! Tuloy nyo lang po yan
Welcome po.
Thank you so much po ma'am!
Best regards po ,very informative
Thank you. Its like a updated review.
You're welcome!
Good day to you maam! New subscribers watching now♥️👍😀
Thank you Ma'am for sharing the knowledge .
Thanks for liking
We used to register our books of accounts - journal and ledger only in BIR annually.
Tnx for sharing po💕
Thank you mam new subscriber po 😊
Maam thank youuu po napakainformative po . lalo nat nagapply po akoas Bookeeper 😅 Salamat po ☺️
Yaman ni ate. Ingat po. Milyun n sinasabi.
Verygood video maam... Very much appreciated. Do more
Thank you at least my effort is appreciated. Salamat.
Thank you Maam, na dagdagan iyon knowledge ko about taxes. God Bless
Thank you Ma'am.
Thank you for sharing so many information Mam Elsa 💙💙💙
Welcome po
Thank you madam! this helps a lot!
Welcome po.
Thanks mam sa info..
Thank you so much po for this tutorial video. Question po for Non-vat small coffeeshop business, given 3 books: cash receipts, cash disbursement and ledger, saan po ilalagay at paano po pagrecord ng franchise fee? How about po ung purchase sa supplier, order slip lang po binibigay?
Thank you so much po sa video!
Welcome po.
thank you po ma'am, Elsa. subrang nakatutulong po. may tanang lang po ako, sinubukan kong e compute sa T accounts. hindi ko po nakuha kung saan po nag galing yong 856,000 .
Thank you maam😽
thanks po Mam
Thank you po ma'am Elsa