Bookkeeping for Beginners

THE BOOKKEEPING CHEAT SHEET THAT WILL SAVE YOU $2,000 IN ACCOUNTANT FEES THIS YEAR

By: Dave Bates

Narrated by: Virtual Voice

If you started a business to build something you love—not to become a full-time accountant—you are not alone. But putting off your books doesn't make accounting easier; it just makes the cleanup more expensive.

Written by Dave Bates, Bookkeeping for Beginners is your step-by-step roadmap to setting up a stress-free financial system, mastering QuickBooks Online, maximizing tax deductions, and saving money on accountant fees this year.

What You’ll Learn Inside:

• Bookkeeping vs. Accounting Demystified: Learn how your business entity (LLC, S Corp, Sole Prop) changes your books and whether cash or accrual accounting fits your business.

• QuickBooks Online Step-by-Step: Build your chart of accounts, automate bank feeds with custom rules, issue 1099s/W-2s, and reconcile accounts in minutes.

• Small Business Taxes Made Easy: Master the "Three Buckets" of business taxes, calculate quarterly estimated payments, and avoid costly IRS penalties.

• Real-World Write-Offs & IRS Rules: Discover what receipts you actually need to keep, apply the "Ordinary and Necessary" rule, and claim valid deductions for mileage, home office, and business meals.

• Read Financial Statements Like a Pro: Understand your Income Statement (P&L), Balance Sheet, and Statement of Cash Flow to track your profit margins and cash runway.

• Proactive Tax Planning ROI: Avoid six repeating small business tax mistakes and learn the exact questions to ask when interviewing a CPA or tax strategist.

Includes a Monthly Bookkeeping Cheat Sheet, Quarterly Estimated Tax Payment Worksheet, and a complete Glossary of Accounting Terms.

Whether you want to handle your own bookkeeping or effectively evaluate a professional, this practical guide ensures you will never feel lost inside your numbers again.