A step-by-step guide to the accounting cycle | Run your business
Learn more about the accounting cycle: https://intuit.me/38JHyoY The accounting cycle, also known as the bookkeeping cycle, helps create accurate accounting data that are crucial to running your small business. It essentially ensures that all the money passing through your business is accounted for. In this video, Astrid Daniela Galvez (QuickBooks ProAdvisor and Tax Specialist) gives a brief overview of all the materials you need to document and track for your accounting cycle. 00:00 - Introduction 01:14 - What is the accounting cycle? 01:32 - Why is the accounting cycle important? 01:59 - How to use the accounting cycle 02:21 - Stages in the accounting cycle This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Intuit Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Intuit Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them. Click for the latest updates...Summit Team
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