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Visit the new NerdEnterprises.com Subscription Options: https://nerdenterprises.com/services/... One to One Training: https://nerdenterprises.com/services/... Get templates: https://nerdenterprises.com/resources... Index 00:49 Where to find the write up for the video 02:00 Adding money into a business as a start up in QuickBooks 02:21 Chart of accounts 02:54 Accounts broken up into 5 sections 03:13 The equity section 03:50 Setting up chart of accounts for funding money into the business 05:33 Adding shareholder contribution account 07:00 Every person that contributes to the business gets a shareholder capital account 07:41 How to deal with money that you put directly into the business 08:03 Going into recommended reports are reports that you'll most likely run 08:20 Always run reports in accrual basis 10:40 Adding in the money we contributed to the business 11:45 Setting up a new company called owners and investors in reference to 10:40 12:00 Adding in a subgroup within the parent group 12:40 How 10:40 affects the balance sheet 13:00 Account for expenses 15:14 Buying office supplies and adding Staples as a vendor 15:48 Creating the office supplies account 16:12 Transaction 15:14 on the balance sheet 17:23 As you record more expenses the petty cash gets more negative 19:30 How to contact Seth This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Nerd Enterprises, Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Nerd Enterprises, Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.