Key moments
Chart of Accounts
Chart of Accounts
2:36
Chart of Accounts
2:36
Operating Cash Account
Operating Cash Account
3:46
Revenue Account
Revenue Account
6:07
Revenue Account
6:07
Gross Profits
Gross Profits
7:18
Gross Profits
7:18
Production Expenses
Production Expenses
8:04
Production Expenses
8:04
Production Employee Expenses
Production Employee Expenses
8:18
Administrative Expenses
Administrative Expenses
11:28
Administrative Expenses
11:28
Common Expenses
Common Expenses
11:52
Common Expenses
11:52
Marketing Expenses
Marketing Expenses
12:48
Marketing Expenses
12:48
Do I Number the Chart of Accounts
Do I Number the Chart of Accounts
16:41
What Is a Cash Basis Financial Statement
What Is a Cash Basis Financial Statement
17:33
Accrual Basis
Accrual Basis
18:09
Accrual Basis
18:09
Tax Basis
Tax Basis
19:30
Tax Basis
19:30
Financial Statements
Financial Statements
22:18
Financial Statements
22:18
Percentage of Income
Percentage of Income
22:37
Percentage of Income
22:37
Overhead Costs
Overhead Costs
24:41
Overhead Costs
24:41
Administrative Overhead Costs
Administrative Overhead Costs
24:46
Sales and Marketing
Sales and Marketing
25:08
Sales and Marketing
25:08
Current Liabilities
Current Liabilities
29:22
Current Liabilities
29:22
Balance Sheet
Balance Sheet
29:40
Balance Sheet
29:40
Important Metrics to the Balance Sheet
Important Metrics to the Balance Sheet
30:13
Reason Why You Want that Much Money in the Bank
Reason Why You Want that Much Money in the Bank
31:35
Tax Reserve
Tax Reserve
33:18
Tax Reserve
33:18
The Quick Ratio
The Quick Ratio
35:33
The Quick Ratio
35:33
Financial Statement Metrics
Financial Statement Metrics
36:53
Where Would You Record Sales Commission Sales
Where Would You Record Sales Commission Sales
40:18
Recommendation for Recognizing Revenue for Large Projects Which Takes Place over Several Months
Recommendation for Recognizing Revenue for Large Projects Which Takes Place over Several Months
44:42
Recommendation for Recognizing Revenue for Large Projects Which Takes Place over Several Months
44:42
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2016May 31
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Summit Virtual CFO by Anders
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