Bookkeeping 101 for Small Business Owners (QuickBooks & Wave Explained)

Confused by bookkeeping? Not sure how QuickBooks or Wave actually work? 📞 Need help with your bookkeeping? Visit https://profit-logic.com to schedule a discovery call. ✏️ Full free 2.5-hour QuickBooks course (step-by-step):    • 2026 QuickBooks Beginners Course: 2.5-Hour...   ☘️ Here's my discounted subscription QuickBooks referral link: https://refer.quickbooks.ca/s/4lwsv In this Bookkeeping 101 webinar, I walk you through the fundamentals of bookkeeping and accounting in plain English—so you can finally understand your business finances with confidence. This session is designed for: • Small business owners • Solopreneurs & consultants • DIY bookkeepers • Anyone new to bookkeeping and accounting By the end of this video, you’ll understand: ✔️ The difference between bookkeeping and accounting ✔️ How double-entry accounting actually works ✔️ The accounting equation (Assets = Liabilities + Equity) ✔️ How to categorize business transactions correctly ✔️ What bank reconciliation is and why it matters ✔️ How to read financial statements (Profit & Loss, Balance Sheet, Cash Flow) ✔️ What a weekly and monthly bookkeeping routine should look like ✔️ Whether QuickBooks or Wave is the right software for your business ✔️ When it makes sense to DIY bookkeeping vs hiring a bookkeeper I also explain common bookkeeping mistakes that cause inaccurate financial reports—and how to avoid them before they become expensive problems at tax time. About Me My name is Andrew Bloom. I’m a Ph.D. business student with a concentration in accounting, a Licensed Certified Public Bookkeeper, and a QuickBooks ProAdvisor. I run a solo accounting practice called Profit Logic, where I help small businesses keep clean, accurate, and stress-free books. Helpful Resources Mentioned (Links included below 👇) 📌 Intuit Bookkeeping Course (Coursera): https://www.coursera.org/professional... 📌 QuickBooks ProAdvisor Training: https://quickbooks.intuit.com/account... 📌 Wave Mastery Course:    • Master Wave Accounting for FREE! Complete ...   📌 Udemy Bookkeeping Course: https://www.udemy.com/share/101Wpc3@c... 📌 Hector Garcia QuickBooks tutorial:    • The “NEW” QuickBooks (Complete Walkthrough...   If this video helped you better understand bookkeeping, please like the video, subscribe, and feel free to leave a question in the comments.