How to automate Accounting Ledger, Trial Balance, Income Statement, Balance Sheet in Excel | English

[@EXCELDOERS]

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[@mayamipk57]

That's a great help thanks

[@ngueukamcharleneaudrey457]

Please help me. My vlookup formula from sales and trial balance gives me errors. And I don't know how to fix this. Please help

[@francesbaliddawa7347]

Check that all spellings correct and no spaces. @@ngueukamcharleneaudrey457

[@10211321]

@@ngueukamcharleneaudrey457 same problem

[@mirjewel2777]

pls help me

[@kwabenagyimah6516]

This guy just taught y''all Accounting in just an HOUR Bravo bro

[@SimplesbyAKF]

Thanks bro. I'm a Finance Professional but for some reasons forgot all these things but due to this video i remember the basics plus it is in MS Excel and not any other fancy software. So many thanks.

[@taoreedolalekan2520]

This is a standard video on excel. you have done a great job in showing how to write up a final account with excel. well done sir

[@michaelbarber8692]

I thought I knew excel but you taught me quite a few things plus a crash course in accounting. Great job!

[@EXCELDOERS]

most welcome

[@KingdomUmrah]

I refresh my accounting knowledge by this video. thanks a lot from my bottom of heart for making such a wonderful, professional Accounting video.

[@taiwowinjobi5720]

I'm an economist but has little knowledge of accounting with excel. This wonderful piece is highly explanatory and easy to understand. This is a free rare gift. Thank you for this great job. Much love from Nigeria❤

[@EXCELDOERS]

Thank u sir. It is an honor having u on our channel. Explore our channel for more such rare gifts.

[@louietoltolvlog9699]

@@EXCELDOERS Thank you. For restaurant, sales (will it include sales tax?) and cost of goods sold (will this be a purchased goods for making a sale). If restaurant makes monthly gross sales $600k in Sep. When they buy foods, food ingredients, kitchen supplies, do they all include cost of goods sale? Or kitchen supplies going to expense or equipment?

[@DarkWarrior_1]

​@@louietoltolvlog9699 no, look if we talk about it from accounting perspective, there are some costs which we call production costs which we include in inventory and ultimately charge them to cost of sales and there are some other costs which we call non production costs which are charged to statement of profit or loss for the period like administration, marketing and selling costs. Coming to your question, kitchen supplies for a restaurant which serves food would be production costs thus charged to cost of sales. In accounting we actually absorbs those costs in the products we produce because of certain financial reporting requirements to value inventory however for simple business like a restaurant you should charge them to cost of sales.

[@DarkWarrior_1]

​@@louietoltolvlog9699 costs of sales will include all costs including opening inventory, purchases during the month and wages of workers producing and serving food less closing inventory. Here is the formula Cost of sales = Opening inventory + Purchases during the period + Wages of workers -- closing inventory And yeah, if restaurant is required to pay income tax on earnings then this will include it if not then you don't need to include income tax.

[@SAMxIGRIS]

@@EXCELDOERS @38:31 How to do that Freeze thing? while selecting column C to E??? how to freeze them? >>>>>>>>>>>>>>>>"=VLOOKUP(F4,'Chart of Accounts'!$C:$E,3,0)"

[@Mostafaahmedheshmat]

I would like to show the utmost respect and appreciation for these helpful video , thank you so much bro

[@EXCELDOERS]

@user-kh5xo1ne2u you r most welcome

[@Mostafaahmedheshmat]

Any other video of analyzing expenses using pivot table as well please​@@EXCELDOERS

[@christopheronga8615]

For a completely ground zero level... I found this content very helpful. Thank you so much. ❤

[@asifiqbal844]

The video was excellent, presenting the content in a straightforward and uncomplicated manner. I gained a wealth of knowledge from it, and the concepts were made easily understandable.

[@Wia_Creations]

This is awesome work. Not many presenters show and demonstrate the entire process of accounting acycle work. You also completed with free excel templates. Keep it up.

[@m.p.9438]

excel template is not free

[@Ms.MM084]

You are a LEGEND!!! THANK YOU SOOOO MUCH! You have saved me time and energy and added value to my business

[@EXCELDOERS]

You r most welcome. We can add more value in to business.. contact at [e-mail]

[@pagalkhan4869]

jazak Allah khair brother,, highly knowledgeble and remarkable video..

[@islamhussein9816]

your effort is really appreciated, thank you so much from Egypt

[@EXCELDOERS]

Please subscribe to this channel to get more accounting learning material ahead. :) Thank you everyone.

[@jeffreysevilla8164]

i had to refresh my excel skills and your video really helped me a lot. great tutorial.. much appreciated.. thanks.. thanks..

[@EXCELDOERS]

Most Welcome

[@aikaramba100]

Awesome! Many thanks for this video. Perfect for small business, no need to spend money on pricey software.

[@EXCELDOERS]

Finally Wait is Over. In continuation of this video, Cash Flow Statement is prepared in following Video. Please watch the learn automating Cash Flow Statement in Excel: kzbin.info/www/bejne/qKjKq5WPh52taLM

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For More Videos: kzbin.info

[@khinmaungtun4810]

I have been looking for this kind of things since 2015. Thank you so much for posting it.

[@EXCELDOERS]

My pleasure. Explore more on our channel and share with friends

[@sidikiekonneh6248]

Thank so much I have learned a lot from this video we need more sir

[@sampathkumars3656]

well done sir. Step by step explanation . Clearly understood. Perfect.

[@immussssss]

Very nicely elaborated begins from the chart of accounts to till balance sheet , Awsm with single excel sheet .If the father of accounting Luca Pacioli alive still he would be really appreciated you . Thanks sir . helped a lot .This is more than the any accounting software

[@anandbb1]

you are awesome man! You taught accounting to non-account stream people in simplest possible way.

[@shehzadahmad971]

The best ever Excel presentation I watched. It made alot of things easier. Thank you. Also do one for complex entries

[@EXCELDOERS]

Thanks for admiring our content. Yes that is in plan for next videos.

[@abdulkabia-kf2tw]

Thank you sir I really love this tutorial May Allah reward you abundantly

[@EXCELDOERS]

@@abdulkabia-kf2tw Ameen

[@AliHassan-nm3ks]

Thank you sir for this I am an accounting student. I have learnt from this lesson more I did in the school so far .

[@EXCELDOERS]

Great to hear that. Our schooling system is really far behind.

[@EXCELDOERS]

Learn How to automate inventory management in Excel, manage inventory stock balances with inventory register in English. Video link below: kzbin.info/www/bejne/iZfdYYaBgdKsobs

[@dondavison556]

Excellent Presentation! Users should save this for reference. Thank you.

[@ExcelExplorers786]

Your skills have the potential to enhance my work significantly.🙂🙏

[@alainmm3632]

FANTASTIC!! I was looking for this type of information for months, and finally found it! Thanks!

[@salmanonlinelearning]

you have performed all the steps in very easy steps. The method of teaching was awesome.

[@RareRiddemz]

I was looking for an easy way to build a ledger and link to TB. This is by far the BEST tutorial for that! Thank you!

[@EXCELDOERS]

Thank u

[@NancyMixChannel]

IM ADDICTED AT YOUR VIDEOS. IVE LEARNED ALOT. THANK YOU FOR SHARING YOUR TUTORIAL

[@sumansharma9585]

What a great and precise explanation of full cycle accounting in a clear way and top of that great usage of excel. Great job sir 🙏👏👏

[@EXCELDOERS]

Thanks. Explore our channel u will find more stunning usage of excel

[@86rashidm]

Great tips easily learn ever what i had seen another youtube ! Thank you so much

[@Sarumanthewhite888]

Truely impressive, thank you sir! ❤❤❤❤

[@EXCELDOERS]

Learn how to create multiple bulk sheet with VBA Macros automation in Excel in 50 second short video: kzbin.infoJu-pCg1qsVk Subscribe to the Channel for more learning video for Accounting and Excel Tricks

[@yneigmapsyko]

This video was an absolute gift. Thank you so much for teaching such valuable information like this.

[@EXCELDOERS]

You are most welcome. Stay connected and explore our channel for more gifts inside.

[@Rahma-b7q]

Thank you are a work of art, from heaven. I love you.

[@magnumopus7199]

Creating my own accounting workbook to play around with. Thanknyou so much!

[@jenycellgaray4183]

better to watch and do using another pc to follow. very useful. thank you

[@nasseralismaily8762]

Maa Shaa Allah Allah Bless You Regards from Muscat Oman

[@EXCELDOERS]

Ameen.

[@mistydrizzle6886]

My dear you are awesome ❤. I was looking for this for my new company and finally I found here. Thank you so much

[@shivarajkarki6158]

What a great work Sir, this is such a simple and huge knowledge of accounting process as well

[@EXCELDOERS]

Thank u :)

[@caseyemmanuel8517]

Thanks man for the insight It really worth the data and time spent. My knowledge have greatly increased 😊❤

[@jeangreen432]

Very nice video, thank you for sharing your expertise in accounting with excel!

[@kiddielearningtv]

I am now a fan of your hard work.

[@TheCabeir]

good job.learning in 2024 may

[@amifarrell7185]

THANK YOU! Very clear explanation. Well done !

[@ErnestKekeli-v2e]

Thanks so much for sharing your expertise here. Great job

[@harjith.d.bubber]

Really liked the tutorial. Finally I can do my own books. Thank you so much

[@EXCELDOERS]

All the best.

[@sandy02668]

That what we call excel ninja 🔥.

[@bilaliqbal4629]

Excellent video + For balance Sheet we can add a little bit of work to automate it combining countif formula making it dynamic count and v lookup fixed assets current assets to make to more automatic and smooth. I agree it will make the work more complex for beginners to intermediate excel users. Anyhow Thanks for the efforts. Love & Peace ❤️

[@tanyaspriggs4586]

Just what I needed to get the accounting cob webs out. Thank you so much!!!

[@camondavids4084]

Great video, simple and to the point. Been waiting for something like this. You have most definitely earned a subscriber!

[@EXCELDOERS]

Welcome to the community. More to come ahead.

[@aslamarshad9609]

​@@EXCELDOERShello i need your help bro . How can i get next quarter of month income statement

[@salioucisse3504]

100% helful tutorial and many thanks for sharing : )

[@blessingkyakaspa3951]

Wow! Quite interesting and well understood. You're a great teacher!

[@augustineemmanuel6897]

Wow! bravo you kill it man everything well explained and understood thank God for crossing this video

[@EdwardTilley]

Great tutorial and just long enough to be comprehensive so thanks for this.

[@nubiareymos3161]

Thank you for this excellent video. I want to learn more to find a job in account payable.

[@nadininikeshala3133]

Thank You for the great excel lesson. Learned so many things.

[@nandarlinn]

I learned a lot from this. Thank You so much.❤

[@mommyjill1988]

Because of this video!❤I do subscribe you sir.Salute!

[@85MA]

Quality Work that we benefied all

[@davidmukoro1166]

Whaoo. This is great indeed. I would have love you to add Fixed Asset with Drepreciation, so that Accumulated Depreciation Expenses can be seen in the Income Statement and Net Book value can be seen in the Balance Sheet.

[@aanyujesca-e7b]

Thanks for the work done I have learnt some topics in Accounts.

[@chocochoco7392]

Very useful & thank you so much!

[@thomasmason8855]

An amazing work. Thanks

[@rajeshparsekar2994]

very helpful and simple to understand

[@girishghadge8460]

Wow what a way to present Thank you so much

[@EXCELDOERS]

You are most welcome

[@TheNeilsolaris]

That's really great, particularly being able to prepare it in just one hour, whilst explaining as you went along. If I were to carry on from here, I'd add a user form, to make data entry much quicker and easier. I could write code to make it impossible to input data that didn't balance. If you used pivot tables for the income statement and balance sheet, I guess you could make it more dynamic, and with some code, you could get the user to enter the date range.

[@sweetsforsouls94]

very informative. hope there are more videos like this. Thank you!

[@ilinkasoro8281]

I like your video. Thank you so much. Can you please show us how to input Trial Balance-beginning balances from the prior year into the current year Trial balance sheet?

[@shahzaibgul8635]

That's a great help. Please make the cash flow statement regarding this topic.

[@EXCELDOERS]

It is already there in seperate video

[@davezdgalmancornelius6388]

This is awesome. The best Excel KZbin channel I watched so far.

[@EXCELDOERS]

Thank you for bring part of this community by subscribing to our channel.

[@giftcp82]

Youve earned my sub and like. This is awesome

[@rajdruk]

very good teaching, thank you very much

[@EstherLance-lm9mf]

Great job , very helpful 👏

[@lovelypanda]

WOW, thanks for the tutorial! Love it ❤

[@mutasimelmubarak4341]

really u did great usefully jobs which is helpful a lot...Many thanks

[@mkarvj]

Thank you so much for the video sir. This is very much informative and useful

[@EXCELDOERS]

your most welcome

[@princeobinna7518]

Hello very great videos. Im new to excel and i notived youre very fast when doing data validation. My excel didnt do it like yours. Carr to help

[@JasonNukuse-do7sy]

you are very good,please do part 2 for the following year

[@francislungu]

Thank you so much! I love how you teach

[@EXCELDOERS]

U r most welcome

[@androidtvbox2891]

I like your video a lot and trying to replicate the same thing in Google Sheets. However there is a minor mistakes in your video. It should be "Journal Entries" instead of "General Entries".

[@finalmale]

Excellent job done ❤

[@MohamedRagab-ud7ct]

Helpful thank a lot , Jazak Allah Khair

[@rotimioladunni7761]

This is awesome. Thanks for sharing, I learnt a lot from this

[@EXCELDOERS]

Most Welcome

[@MotiarAlim]

Vary good presentation !!!!!!

[@jerrymamangun1108]

Thank you for this wonderful video.

[@mansareddy7631]

Really great video! Explained very well. Thank you!

[@joannebranzuela2684]

Thank you so much! I love how you present it. I learned more about Excel and can now use it for my bookkeeping. I wish you include a Statement of cash flows up to closing. Thank you😘😘😘

[@EXCELDOERS]

Video Uploaded for cash flow statement kzbin.info/www/bejne/qKjKq5WPh52taLM

[@abiaemejohnson9824]

Awesome presentation. Thanks

[@iamvinoj]

Amazing video, Thanks a lot

[@arkangelokenyigabriel]

That is incredible lecture.

[@komangnayantara]

Great explanation. Thank you sir👍

[@izzuanafiq2489]

Ty, I got new job because learn from this

[@EXCELDOERS]

It s great to hear that. Congratz

[@rw7934]

Thank you so much!

[@mansharashid2862]

very constructive Video love it Thanks 😍

[@EXCELDOERS]

Thanks