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In the first part of this small business bookkeeping video tutorial, I will show you how to keep track of invoices that you have sent to your clients. We will create a spreadsheet that will document the following: Video Chapters: 00:00 Introduction 00:55 Chapter 1 - Create a new blank Excel spreadsheet 02:24 Chapter 2 - Create column titles 04:42 Chapter 3 - Column cell formatting 06:45 Chapter 4 - Data entry examples 24:54 Chapter 5 - Adding colour tracking 34:30 Chapter 6 - Future payments 41:58 Chapter 7 - Filename convention 45:55 Chapter 8 - Auto filters / AutoSum Excel Column Headers used in this tutorial: Invoice Date Invoice No Date Paid Payment Type Reference Description Company Name Location Cost Paid In this video tutorial, we will use colour codes and highlight rows in green which are paid invoices and rows in blue which are still outstanding. This helps us to quickly check outstanding invoices. I will also show you how to use the auto sum function to calculate your total expected income, the total amount paid to date and the total amount which is outstanding. Using the spreadsheet should also reduce your business accountant costs as you will be able to provide a comprehensive spreadsheet that is fully documented for income into your business. This should save your accountant time and result in lower accountancy fees. bookkeeping training. Most important is for you to understand what income is coming into your business and keep track of outstanding invoices which you need to chase up. In the second part of this tutorial, I will show you how to create a custom invoice template using Microsoft Excel. Ultimately the goal of this tutorial is to reduce your monthly outgoing fees for accountancy software. Once you've mastered this bookkeeping software tutorial then you'll be less reliant on third-party applications. If you're planning on building an online e-commerce store then it may be worth looking at third-party software solutions for bookkeeping such as Xero or Quick Books. Xero or Quick Books and other accountancy software can be easily integrated into e-commerce solutions like woocommerce or Shopify. In the long run, this should save you time so you can focus on your you're my main goal which is to sell products. Make sure you update bookkeeping spreadsheets on a weekly or monthly basis, trust me it will save you a lot of headaches later. Remember to file hard copies of your invoices and receipts in date order. Bookkeeping for Small Business - Excel Tutorial - Part 1 - Invoice Tracking: • Bookkeeping for Small Business - Excel Tut... Bookkeeping for Small Business - Excel Tutorial - Part 2 - Invoice Template: • Bookkeeping for Small Business - Excel Tut... Bookkeeping for Small Business - Excel Tutorial - Part 3 - Expenditure Tracking: • Bookkeeping for Small Business - Excel Tut... Bookkeeping for Small Business - Excel Tutorial - Part 4 - VAT Calculations - • Bookkeeping for Small Business - Excel Tut... Subscribe to access 700+ video tutorials: / dcpwebdesigners ***************************************************************************************************** Need an awesome website? - Contact DCP Web Designers for a free quote today - https://www.dcpweb.co.uk/business-web... ***************************************************************************************************** Contact me on: Instagram: / dcp_web_designers Facebook: / dcpwebdesigners Pinterest: https://www.pinterest.co.uk/dcpwebdes... LinkedIn: / dcpwebdesigners #Bookkeeping #Tutorial #InvoiceTracking #dcpweb Free tutorials, infographics, articles: https://www.dcpweb.co.uk/blog bookkeeping for small business, small business accounting, bookkeeping business from home, excel bookkeeping for small business, excel bookkeeping tutorial, excel bookkeeping for business, small business bookkeeping, business bookkeeping, learn bookkeeping, bookkeeping tutorial, bookkeeping basics, bookkeeping training, book keeping & accountancy tutorial, how to do bookkeeping for small business, spreadsheet tutorial, invoice tracking system