I recently came across a video that was created by someone at QuickBooks that I think is really well done.  It’s a good basic summary of how accounting works in a typical small business.  If you liked my “Accounting Primer” then I think you’ll like this video too.  It explains all of the important accounting concepts such as the P+L, Balance Sheet, Cash Flow, Chart of Accounts and more.

I can’t figure out where this video came from or what group at Intuit created it but it is very well done and I wish I could embed it here on my site, but that isn’t an option.  So, if you want to watch it just click the screenshot and it will link you right to it.  The video runs just about 10 minutes.

If you watch it, please leave a comment to let me know what you think!

P.S. – I you aren’t already on my email list, now would be a great time to sign up for it…there are going to be some big announcements coming over the next couple of weeks and you won’t want to miss out!  Just head on over to the home page to sign up.

This post was written by Michael Debyah.