Bookkeeping Step by Step For Resellers - ft. CPA Mark Tew

If you don't know your numbers when it comes to your business, it is destined to fail. Empower yourself with knowledge and confidence when it comes to bookkeeping!
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Bookkeeping Basics for Resellers ($60 OFF for a few days only!): https://courses.notyourdadscpa.com/a/2147516933/sX9SPDAU

00:00 Introducing CPA Mark
01:41 Why is bookkeeping important?
04:23 Should I hire someone to do bookkeeping?
06:30 Accounting feels scary
07:20 Is a spreadsheet enough?
09:13 Have a SEPARATE business bank account!
11:10 When do I upgrade to something like Quickbooks?
11:58 Tracking a week of income & expenses (example)
15:19 How do I label and classify my transactions?
19:49 How do I keep track of my Cost of Goods?
24:38 Cash vs Accrual method?
26:54 What accounting software do you recommend?
28:16 Every transaction needs a label!
30:04 What do you say to those who are overwhelmed by all this?

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