Run Your Business | A Step-by-Step Guide to The Accounting Cycle

The accounting cycle, also known as the bookkeeping cycle, helps create accurate accounting data that’s crucial to running your small business. It essentially ensures that all the money passing through your business is accounted for. In this video, Astrid Daniela Galvez (QuickBooks ProAdvisor and Tax Specialist) gives a brief overview of all the materials you need to document and track for your accounting cycle.

00:00 - Introduction

01:14 - What is the accounting cycle?

01:32- Why is the accounting cycle important?

01:59 - How to use the accounting cycle

02:21 - Stages in the accounting cycle

Learn more about the accounting cycle: https://intuit.me/38JHyoY