Accounting 101 for Beginners | Small Business Accounting

[@ZietInvests]

Smack that Like button for the youtube algorithm please☺️

[@alfahmu89]

SMACK!

[@ZietInvests]

@@alfahmu89 😁

[@melissas.4569]

Very organized explanation.. your effort is very much appreciated. Thank you!

[@ZietInvests]

So happy to know that melissa, thank you!!

[@xiaolong7361]

Thanks bro you really help me a lot.Do make more videos like this because we do need people like you to educate us.

[@ZietInvests]

You're most welcome! Will keep producing these content!

[@xiaolong7361]

@@ZietInvests 😂 👍

[@Jojo-wp6gq]

Wow, this is a great explanation. I've watched this video 5 times to understand it.😂

[@ZietInvests]

Wah haha as long as it works - so glad that this helped you!

[@WilsonChin]

If my accounting lecturer's explanation was as good as what you did in this video, I would have get very good marks for my exam. hehe, thanks for the effort for making this video, it is very useful as I'm dealing with finance stuff form an I.T prospective.

[@ZietInvests]

Haha! Love this so much!! Thank you for your thoughtful comment, I try to simplify these complicated and essential knowledge to help everyone out there 🥰🥰

[@rrchannel6665]

Hi brother, really appreciate your explanation. Have 2 questions. Hope you don't mind answering it. 1. I have registered SSM for my online business followed by your video.(really helpful video). To sell items in shopee or other platforms. Now can I open a new bank account to do all my purchase and payment through that new bank? 2. Have my KZbin channel for 3 years now. But not eligible to get any income yet. And just registered SSM 2 days ago as mentioned in first question.. Is this will cause any trouble? Can I add my expenses for KZbin in that same business? Hope you get what im trying to ask. Thanks

[@HoneyMoneySG]

Great video Ziet! I had a fun time reminiscing these accounting knowledge when I was back in college.

[@ZietInvests]

That's awesome! Does the Singapore accounting standard differ a lot from ours? :P

[@HoneyMoneySG]

@@ZietInvests very much similar haha don't think it will differ much other than the tax rates applied.

[@ZietInvests]

@@HoneyMoneySG hehe great to know that 😎 Have a great weekend mate!

[@ILoveMelaka]

Good video bro. Well done. Tq

[@ZietInvests]

Thank you brother!

[@theniclim9328]

Thanks for a big help

[@sashidharanlokanathan8451]

Hi Ziet..It is really a channel that produces quality content. Congratulations.

[@ZietInvests]

Thank you so much Sashidharan, it doesn't get as much views but I know these knowledge will definitely benefit people in their journey 🥰

[@fkxstyle]

a very clear thought process.. keep it up!

[@ZietInvests]

Thank you so much!

[@benjaminsway1982]

🤝🤝✊🏽 the real education there Ziet ... keep em coming ☘️

[@ZietInvests]

Pleasure is all mine to share these knowledge to everyone!😊

[@AL321AL]

Hi ziet, it would be very good video content if you can do a video on how to claim capital allowance and other related tax relief for business. Which form to fill which column to fill in and how to calculate.

[@joelleejq]

Smacked the like button for more content like these! The pains (joy) of running a business no one talks about 😂

[@ZietInvests]

Rightttt, I got so frustrated when I setup my sole prop, so I doubled down and cover this content myself instead even though it “doesnt quite” fit an investment channel but the heck with it 😂😂

[@neetubinwani7111]

Hi thanks for making this amazing video. Once I have registered a sole-proprietorship with SSM, do I need to inform IRB that I have registered a business?

[@ZietInvests]

Hi, no need, you can just file your tax during tax season and that will do :)

[@mototokyo7516]

Dear Ziet, Do you think you can make a video on how to do Technical Analysis? I have been able to learn from you which ETF's are good to buy but I am not sure of the procedure I should take to choose when to exactly buy it and sell it? Thank you for your consideration, I appreciate your dedication. If you already have a video dedicated to that I would appreciate if you could attach it here :)

[@ZietInvests]

Hi there, I have not made any video on Technical Analysis before, but for general investment strategy - Dollar Cost Averaging (DCA) is always recommended for most people, can visit this video: kzbin.info/www/bejne/Y4m4ZWqBodSIbdU Let me know if this helps!😊

[@mototokyo7516]

@@ZietInvests Thank you very much, it did help me a lot! Do you think you can make a video regarding to Day Trading or short term investing in Interactive Brokers?

[@ZietInvests]

@@mototokyo7516 Unfortunately I don't that myself :x

[@patrickxchong]

Hey Ziet, can you share P&L and Balance Sheet excel templates you showed in the video on Google Drive? Or just links to the 2 PDFs will help, have trouble trying to find the exact version you used online!

[@ZietInvests]

Hi Patrick, can you drop me an email at ([e-mail]) - i will reply you with the template😊

[@lifeblogofsulaiman945]

Hi Ziet, could you share the template as well? I’ve sent you an email. Thanks in advance!

[@reignstalk4376]

Thank for the info man

[@ZietInvests]

Cheers buddy!

[@seanchen9265]

Nice, just give you a like. Will watch later. Ppl remember to smash the like button!!! 👍👍👍👍👍

[@ZietInvests]

Haha thank you so much Sean!😍

[@seanchen9265]

@@ZietInvests no problem ; Follow you since last year and really learn a lot.

[@seanchen9265]

@@ZietInvests please do a video on Fed's tapering? What does it mean for foreign investors like us 🙈. Still remember market is bloody red when Powell talks on CNBC.

[@ZietInvests]

@@seanchen9265 im so humbled and grateful for that 🙏🏻🙏🏻 lets live and learn together ☺️

[@matlaulanwar369]

Hi sir. You have Colling visa for out Contreras

[@ZietInvests]

Colling visa for our Contreras?

[@tooanzhan4441]

Do you have the excel sheet can refer thanks you

[@ZietInvests]

Hi Tooan Zhan, feel free to drop me an email at ([e-mail]) so i can share you the excel sheet! Cheers ;)

[@ahafeezs]

@@ZietInvests can the fees incurred in company registration & renewal with SSM also be tax deductible?

[@louielooyi]

For those with small business/freelancing under Form-B tax filing, need to do all these accounting stuff? 🙋🏻‍♂️

[@ZietInvests]

Yup haha, or you can hire accountants to do it for you (most common cases)