💸 Practice BOOKKEEPING before you ever get your first client! | Realistic Bookkeeping

[@ShamzDevelopment]

I love how you explain it just like a teacher who doesn’t assume that we will know those little steps that can be forgotten!

[@FA8T]

Ahh thankyou, I’m in the bizarre scenario where I have an accountancy qualification but can’t yet do the job, which is embarrassing. I was just getting to grips with basic concepts and I passed and the course was over. I can’t afford tutors so this is really helpful. If you could do as many visually orientated practical step by step videos of what a bookkeeper does I’d be eternally grateful.

[@ripe_avocados]

You have an accountanting degree?

[@kellyhurt2413]

Your videos and content are so helpful! I am starting up my own bookkeeping business but for the past few months have been working for another bookkeeper, helping with her clients and learning as I go. One suggestion: since you pay your client’s quickbooks subscriptions for them, you should create an expense for the $7 quick books subscription fee and mark it as billable to client as a direct client expense. Then attach it to their invoice. This way at the time the expense is accrued, quick books remembers for you that you need to bill the client for this expense and you don’t have to remember to add it on later to their invoice.

[@RealisticBookkeeping]

That's such wonderful advice! Thank you so much :)

[@stevenpadilla4294]

​@@RealisticBookkeepingI own a appliance repair shop and want to use that business account to use as practice in my accountants account. Should I add it under my priority booking business name or onboard it under my clients as appliance guys?

[@darrennewbury6856]

Starting out a small business I can't affort bookkeeping services but I needed to understand what to do. Rachel Brown is a natural at teaching. I'm disappointed she isn't posting video any more but forever grateful for what she did.

[@adeyemiAbiodun-e5d]

You can employ me virtually . I will support and build business

[@annelizly]

Thank you so much for making it easily understandable and actually teaching the hands on steps that no one else does!

[@JohnMiller123]

This is very valuable information! I've just passed the ProAdvisor Certification, but it never occurred to me to practice using my OWN account! LOL Thanks! ❤

[@shannonroberts7242]

Hi Rachel, you should put together a course on this very topic. Like with printables and things. I have been trying to get started ever since you posted your first video on youtube. I did a course with my local library months ago and was rearing up and was ready to go. I got distracted with life and loss motivation. I like the way you are honest about the whole bookkeeping thing. Look forward to more videos.

[@RealisticBookkeeping]

That’s a great idea! I’ll put that down as something that could be valuable to others :)

[@shannonroberts7242]

👍🏾

[@Josephtimothyq5]

I've been purchasing stocks since the beginning of the year, but nothing has changed. However, I've been reading articles about people who are still in the same market who have made over $350,000 in just a few months. What am I doing incorrectly?

[@fearlesswhitey389]

@SandraMarySM6deception income

[@fearlesswhitey389]

Deception 😂 income

[@ayyubalhakim]

Hey Rachel, I am very impressed with your professionalism and how clear the steps were. I am definitely subscribing to your channel and following your steps.

[@ligayuh4873]

this type of tutorial is what I am looking for! I hope you create more videos I'm really happy

[@Lin-995]

Great lesson, clear and easy to understand. Thank you!

[@richardtullius6419]

That was great. I’m just getting into starting a bookkeeping business. I have the QBOA program, no clients yet but I suppose I should put my personal banking in it to play with. I’m still deciding on my business name and a few other details. Thank you

[@RichardTrowbridge-zt5wm]

Fine business! Thank you for introducing me to free Quickbooks. It’ll be good to use for the charitable organizations that need good bookkeeping reports to stay ahead of answering their needs.

[@danielgbrittonsr8921]

Thank you. I'm just getting started in the bookkeeping business. I did take care of the bookkeeping duties for a small trucking company for three years. I used Quickbooks online for Invoicing and banking.

[@nrrfdax7167]

All I’ll say is thank you for this video! I’m new to learning bookkeeping and I’d like to step into it and run my own business doing it. But I won’t lie, I often feel like it’ll be too difficult for me, but because you made this video showing what quickbooks does, my worries are a lot lesser now.

[@kelley8223]

This is what I’ve been looking for! Thank you for being so forthcoming with the details and things that other courses don’t always cover.

[@lisachristinaconfirmed5067]

This is GREAT! ALL your content is SUPER helpful to this stay at home mana trying to do something I’m interested in AND earn an income for my husband and children ❤️

[@RealisticBookkeeping]

Thank you so much! I hope I can keep helping!

[@B1ubb1T34]

super helpful! i learned something new AND cleaned up my companys books!

[@sylviabainey7145]

You provided an excellent explanation about how to start practicing bookkeeping.

[@sketchergirl7]

Wow - this was such a great video! I'm new to the Bookkeeping field, so this was super helpful in starting out and practicing what I'm learning.

[@russellgray3303]

Thank you so much for this video. Super helpful and well-presented. Your time and effort is most appreciated!

[@teresapena4228]

Thank you 😉excellent information!! Iam new in the bookkeeping world and i need all the help i can get!

[@IlonaJosiane]

I like your video presentation. It is informative too, at the same time. Thanks a lot for your guidance!

[@carrienakano5252]

I like how you get to the stuff I need to know. Thank you!

[@Isaiahhh]

thanks very helpful with real examples

[@YOGESHRAVAL-io2bw]

Good presentation, I am impressed. Yogesh - Tax Practitioner from India

[@saritaylor3648]

Wowzer thx hun for doing this. Been looking for something like this on you tube . Please keep am coming. New stubble here

[@RealisticBookkeeping]

Thank you so much! I am glad my perspective has been helpful to you :)

[@TheKingofparis148]

Nice video just starting on my bookkeeping journey

[@JoeyJohnsonJr]

Very Helpful Video! Thank you.

[@brettbickham9579]

Thanks for sharing! You are good at this.

[@djerniramcgriff7324]

Thanks so much for the info. This video is soooo informative.

[@lesliegentry8335]

I appreciate your videos so much.... You are saving me

[@SheaLeona]

Hey Rachel, I’ve heard a lot of other bookkeeping KZbinrs suggest doing this for practice, and to use your personal bank account if you haven’t started your business yet. So my question is this, if I sync my personal finances to practice can I un-sync them or delete those accounts once I’m ready to actually add my business bank account ??? I’m so stressed about it becoming something messy later on that I’m stuck not doing anything 🤷‍♀️

[@RealisticBookkeeping]

I totally understand that concern and truthfully that wasn’t something that crossed my mind, so let me look into it and I’ll comment back on what I find!

[@SheaLeona]

Thank you 😊 I really appreciate that. And I’m loving your channel.

[@SheaLeona]

Any update on this question?

[@arlesbetis3752]

Hi Rachel! Thanks for the video you provide for us.

[@frankduarte1407]

Thank you so much. It was very informative and one of the videos you have made. God bless you...keep up the great work.

[@RealisticBookkeeping]

Thank you so much! I really appreciate that!

[@simonbradley]

Will be checking out Quickbooks, many thanks Rachael

[@RealisticBookkeeping]

Awesome!

[@idk-md1hf]

wow really the help i vet is un speacklable ❤❤❤❤

[@felaunsneed8702]

Thanks so much! This video is incredibly helpful!

[@DeniaDecena]

This video deserves a thumbs up! Done subsribing.

[@lifetips8338]

Thanks so much for making this video! It was so helpful to see!

[@RealisticBookkeeping]

You are so welcome! I'm glad it was helpful!

[@SandeepKumarOfficial2020]

Great. Thank you so much for sharing. This is exactly I was looking for. Just wanted to check one thing, if we record any transaction in 'Your Account ' option for practice, Can these transactions be deleted later if I want?

[@sandylynn6089]

Hi Rachel, I took your advice and linked my person acct to QBO so I could practice. Once I was finished, I deleted or disconnected my personal bank account. I thought that all of the information from my account was gone but it left a checking and savings account balance on the chart of accounts and I can't figure out how to get ride of it. I was planning on using this QBO account for my bookkeeping business but now that it is showing a balance in a savings and checking account, and also an opening balance equity, I'm afraid to do that. I made the savings and checking account "inactive" but it still shows a balance on the "opening balance equity." Any ideas how to get rid of that balance info?

[@коуч.елена.сша]

Ad the same problem and had to call customer service for a help.

[@zandrahuston9127]

My name is Alexandra Huston and I’m starting up my bookkeeping business after watching some of your videos! I’m so grateful I ran across your KZbin! I want to start a Quickbooks Accountant account so that I can begin the ProAdvisor training and practice my bookkeeping skills, but when I try to sign up it says I should input an accounting firm name and zip code. I’m not an accountant and don’t know what I should put in those boxes. Should I put my own information in there?

[@RealisticBookkeeping]

Zandra - thank you so much for your comment! I'm sorry it's taken me a while to reply - yes, you should just put your own information in for those questions. If you have a business name you'd like to run under then you could put that in there :) Hope that helps!

[@ebinrajmon5532]

Great video. Thanks!

[@jamespenny9482]

Good stuff, I went into Add Client and entered my own name and address (so I can get practice using my own finances), hit Save, and it went back to the Clients screen, but it's as if nothing happened - there are no clients, there is no list of clients. What am I missing?

[@user-rq1qg6bc9d]

Thanks! what do you think you should charge a client when you're just staring out?

[@AustinMockridge]

So with reconciliation, where is interest earned or service charges? Is that just included in the balance now? Typically you input that information when reconciling.

[@sangeethaathmanathan9959]

THANK YOU FOR THIS VIDEO. I JUST COMPLETED MY QUICK BOOK PRO ADVISOR EXAMS, PLANNING TO TAKE UP ONLINE JOBS. UR VIDEO IS VERY USEFUL TO ME. I HAVE ONE MORE DOUBT, COULD U KINDLY REVERT ON THAT? WHEN WE ARE CONNECTING THE BANK A/C, THE USER ID AND PASSWORD IS THE ONE WE ALREADY CREATED FOR NET BANKING? OR SOMETHING NEW WE HAVE TO CREATE FOR LINKING THE BANK A/C, PLEASE CLARIFY. TQU TQU TQU.

[@kellyebrown3758]

When connecting your bank account, you will log into your bank through QuickBooks to connect them, so you need to use the user name and password you use to log into your bank's website.

[@bobbyjonkey13]

great teacher

[@shortbabi]

Hi Rachel! Do you have a course to help others who are looking to start their own bookkeeping business? Do you think people should work for someone part-time to get some real-world experience? Curious on your thoughts!

[@dervesh7953]

Hi, while creating a free accountant account ( you were right about being repetitive) , I can not get past firm post code, it keeps rejecting. Please tell me how do isolve this issue as I am from Pakistan?

[@ShraddhaTilva]

Hello there! I'm new to Canada and I've taken some QuickBooks training by watching videos. However, I've noticed that many job positions in bookkeeping require experience, which I don't have. I'm wondering how I can start my career in this field despite my lack of experience. Any advice would be greatly appreciated. Thanks!

[@nakasliviey2113]

and can i do book keeping together with expenses and other activities in the organization

[@ChrissySeeksTruth]

awesome intro !

[@hairsthescoop6513]

great video❤

[@Pointschaser1]

Why did you stop making videos?

[@kenman200]

You are lovely.❤ QB Accountant is free for only a month, correct?

[@kellyebrown3758]

No. QB Accountant is free. There is no time limit at this time (although they could change that if/whenever they choose).

[@BishimDeja]

How did you learn Bookkeeping? Whose course did you take?

[@RealisticBookkeeping]

That's a great question - truly I just learned through experience and through the QuickBooks Online ProAdvisor certification training. I'll post the video where I talk about this topic here: kzbin.info/www/bejne/qGjIpJuEqZWhkLs

[@AliAli-bb6on]

I want to learn bookkeeping

[@annmarie8640]

Thank you very much.

[@RealisticBookkeeping]

Of course!

[@nexmarketingsolution7383]

Thanks for this

[@deborahbills8627]

I don't understand. I go to the quickbooks online accountant option and "create an account" but it says i need to sign up for a payment plan. I have signed up for a paying account but I am not seeing ANYTHING you are showing like your books and clients etc. My goal is to manage my personal account and budget AND my business accounts. How do I do this? Thanks!

[@Pandafluff]

Quick books has eliminated their free use, it seems. They now only start with a simple start option at $15 per month.

[@sheetalpatel1844]

Hi Rachel,I followed all the directions but when I try to set up an account, It asks me to buy a plan

[@RealisticBookkeeping]

Follow this link, intuit.me/3i2gs0B and select the "Sign up for free" link at the top left of the site page. See if that helps :)

[@tjspot2690]

@@RealisticBookkeeping Hi Rachel. I followed your link and successfully Signed up, but in my Company's profile shows "Payrol Elite" instead of "not available". Is it still a free account?

[@sriyanipremasiri6760]

I am Sri Lankan.Sri lanka is south Asian country.I have an idea to start virtual bookkeeping business .I am going to offer my services to the USA and canada.Is it realistic goal? Can i get clients becauase i live in foreign country.?

[@WonkyWomanLife]

but I will not have inventory right away.

[@arvindazad]

Ma'am I recently passed my ProAdvisor certification. I'm from India. Can you please guide me how can I get my first client? I want to start my bookkeeping business. Is there any way I could find practicing CPAs who can outsource some work to me. Ready to work for free for sometime as an unpaid intern to learn real-life work experience. Though I possess 6+ years of experience in working with outsourcing companies for European clients. Please guide me. I really need your expert opinion.

[@mokopotsamariam267]

I am here in South Africa I need the same help did manage to get something?

[@isharaperera9266]

Yes would like to know if you got any feed back regarding outsourcing to gain some experience

[@arvindazad]

@@mokopotsamariam267 was not able to find anything.

[@arvindazad]

@@isharaperera9266 I just give up. Now started working in one company as a senior Specialist - FP&A.

[@Pavle777]

❤❤❤

[@mokopotsamariam267]

Is there anyone outside US who is doing QBO?

[@SCGirlBoss]

Everyone always asks what we want to see so let me tell you what would be soooo valuable... If you could create/provide some fake documents that we could actually input and follow along and then take us through the steps, THAT would be valuable. For someone just starting out, we need material to use to actually input and then know that we've done it correctly and then use that info to create reports and compare our reports to what you've provided so we can see how it's supposed to look and verify that we've done it correctly. Then, take use through the reconciliation process using the fake documents. PLEASE, PLEASE, SOMEONE DO THIS FOR US BEGINNERS.

[@BishimDeja]

Also, do clients usually want to give your their banking info to link to your Quickbooks or do they like to give paper statements?

[@RealisticBookkeeping]

There's a little bit of both. Some people have paper copies of everything and that's just the way they operate. Others are all about sharing information online and have no reservations about giving you an accountant login to their accounts.

[@BishimDeja]

@@RealisticBookkeeping thank you!

[@usarebel420]

ugh... you said add a personal account... then you added your business account. *sigh ... I'm less confident that I can run the software now. smh... I don't know how to get some real instruction on running the software. I'm a kinesthetic learner so I have to do it before I do it, ya know. I thought this would help... back to searching for more hands-on practice.

[@kellyebrown3758]

You would do the exact same kinds of things with your personal account as you would with a business account. You set up the bank feed, have it capture the transactions, reconcile the accounts, etc.

[@nakasliviey2113]

please can you help us and teach us step by step

[@nityanandkumar9490]

I like you

[@comment5884]

Be cautious when using rules. Some say don't use.

[@kellyebrown3758]

There is nothing wrong with using rules as long as you set them up correctly. That's where people can easily make mistakes though--by not fully understanding how the rules affect what QBO does with data.

[@moneyspiderapp]

For years, I used to use excel and google sheets to budget and forecast my finances. This year, I released an app that does it for me with minimal maintenance. Give Money Spider and Money Spider Lite a try on Android.

[@TaVaresKalip]

Nice video full of content, you are cute too.

[@billgyrotech]

joe farted in the kitchen

[@HabibBenamara-n2y]

اعتقد.انكن.تجاوزتم.الحدود.المسموحه.لكم.منذ.مده.وانتم.عليهذا.الحال.تبحثين.الحل.لامثل.لكم.لا.احب.التسرع.والدخل.مع.اناس.ليس.لكم.بهم.ادني.الحظات.وحشرتك.انفسكم.تسبتهم.لنا.لاحراج.وهذا.لا.اريده.ان.يتكرر.وشكرا

[@jenoyestewart1516]

I am from Jamaica and unfortunately I am not able to access QuickBooks online accountant. It does not show up when I select my country.

[@DogsDirtandDandelions]

I’m currently in a bookkeeping course and they actually strongly advised against putting your own books on QuickBooks , hmmmn ??

[@denizpamir]

Are you Scarlett Johansson's sister?

[@sjeffreyw]

I've tried to use QuickBooks it was confusing.

[@kprosser310]

Just what I wanted find -