Small business accounting 101: Covering the basics | Run your business

Small business accounting 101: Covering the basics | Run your business

  Learn more about small business accounting: https://intuit.me/3BHtGbm The basics of small business accounting come down to a handful of best practices and only three essential reports: your balance sheet, income statement, and cash flow statement. In this video, Astrid Daniela Galvez (QuickBooks ProAdvisor and Tax Specialist) shares some tips and best practices on navigating through accounting fundamentals. 00:00 - Introduction 01:07 - What is business accounting? 01:32 - Benefits of small business accounting 01:58 - Weekly, monthly, quarterly and annual accounting tasks 3:50 - How QuickBooks helps with accounting tasks   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...