Accounting in Excel 101

Accounting in Excel

 

This video goes over the general concept of creating Account books for your small business in Excel. Knowing the basic concepts of accounting as it pertains to your business is must. YOu can and should have an accountant help you. But the more you have a hand in your finances the less it will cost you in the long run. These general concepts are key and from the general concepts you can tailor your book to your specific company.

 

Like most things a little practice will go a long way. Before you know it you will be able to answer any financial questions about your business. You should try to get a handle and in the habit of doing your own books.By using one of the accounting softwares or developing your own templates in excel. This demo touches on step by step points you would be going through in doing your own books.